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Broker Provided VPS Service

Rihan
RSTrading
Nov 23 2014 at 17:53
385 posts
@theHand Thank you..That explains it then..

jotekfinance
Dec 01 2014 at 08:45
138 posts
You could theoretically run your own VPS on a non-trader platform, but I agree about the cloud services.

aslan9
Dec 08 2014 at 13:31
28 posts
I think, providing of this service by broker is just one more opportunity to make delays while opening or closing of orders.😁

aslan9
Dec 09 2014 at 11:22
28 posts
As I remember, Amazon provided free VPS to everyone for a year. If they continues to provide it you can try if you still want to use VPS for trading. IMO it's better than to use brokers VPS (at least you'll really hide your TP/SL levels)

ForexAssistant (ForexAssistant)
Dec 09 2014 at 20:36
465 posts
If your broker is a Pass through type, he doesn't care what you have in your trading folder. The real problem with a Broker provided VPS is that they can close it and you can't get to your program.

If you fall below the minimum standard, they have every right to close your VPS. How do you feel about that? That's why professional traders use a good 3rd party VPS, you never know what is going to happen in the market.

But honestly, if you live in a place with reliable internet service, reliable in that it never goes down, buying a cheap computer and running your own home system is cheaper and just as good. VPS services do go down, even with their battery backups. And there are ways to back up your home internet with a data service from a cell phone provider.

The nice thing about a VPS is that you're free to travel, move or anything and your income is still working and secure. That's worth $29.00 anytime.

However, to answer your direct question, no I have never used a broker provided VPS and for the above stated reasons, I never will.

Bob

where research touches lives.
aslan9
Dec 10 2014 at 13:31
28 posts
ForexAssistant posted:
...
However, to answer your direct question, no I have never used a broker provided VPS and for the above stated reasons, I never will.

Bob


Unfortunatelly, I have never used it too. Hope, you'll find someone who used)

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