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Posts by
Ian81
Account Security?
in
General
Dec 10, 2021 at 07:52
Thanks for the updates. Seems MetaTrader has been updated a few times since this issue was published, hopefully the issues were resolved. I still change both account passwords as a best practice and don't rely on the default short passwords that most brokers provide. I haven't tried, but it a quick Google search states that modern computers can brute force an 8 character, complex password in about 8hrs. Also unsure if brokers store the passwords they generated when they created the account; they shouldn't as there is no real legitimate purpose, but you never know these days.
Account Security?
in
General
Oct 31, 2021 at 20:09
I'm still fairly new to FX trading and using/understanding the MT4 platform, but are there any security concerns with the short and generally insecure passwords used on demo and real trading accounts issued by myFXBook and the various brokers? I see most generate 7-8 character passwords with numbers and letters, no special characters.I do appreciate that all MT4 - broker communication is encrypted over port-443. Is there any risk to account passwords getting compromised, brute forced or are there some protections built into MT4?example: https://www.ecl-labs.org/2013/11/13/metabreaking-meta...
Own Hardware vs VPS?
in
General
Oct 23, 2021 at 17:37
Thanks @bl4ckp3n9u1n. I have an older Dell R310 server (16gb ram, 2 psu, Xeon X3440 @ 2.53ghz, Win2019) running mine, way overkill, but figured this was the cost effective solution compared to a VPS. I do a similar strategy as yours, let it and the EA run 24/7, doing the required maintenance & patching on weekends. Thanks for the URL, the site showed ~17ms to my broker server. On the pings, I currently get about ~160ms to the broker server, it doesn't seem to have made any difference with the EA or anything, but it sounds like it could also be alot better. I'll see if I can tra...
Own Hardware vs VPS?
in
General
Oct 23, 2021 at 05:38
I recently setup some dedicated hardware for my live (MetaTrader4) trading account. I have stable power, internet, UPS, etc so the chance of a power or internet outage is minimal. Given that most VPS providers probably over-provision their hardware, do folks see performance issues? Are there any other major benefits in using a VPS that makes it worth the money as opposed to setting up your own system?What is a normal or acceptable ping time to the broker server, what are others seeing from their VPS or own home setups?
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