Hello everyone.
Alan here with an important announcement geared
toward all of you who trade foreign currencies (forex) like me.
I am seriously considering putting together my own Forex VPS
solution and I thought I’d send out an e-mail to see if any of
you would be interested in signing on board.
I’m not sure how many of you know what a forex VPS or even a VPS is
all about so I’ll briefly explain it here. Those of you who already
know this stuff can just skip it.
Basically a VPS is a dedicated computer/server that is hosted in a
high-end data center with a very high speed and reliable internet
connection. This VPS server’s job is to run your forex trading
platform and any forex robot(s) (automated trading systems, also
known as expert advisors) you may wish to use. It is the ultimate
in piece of mind for traders. IT ensures that power outages, slow
home internet connections, and other such problems do not affect
the performance of your trading applications. I think that every
trader should use a VPS solution if they’re serious about what
they’re doing.
Suffice it to say that what I have in mind to setup will be a very
advanced platform. It will be Linux based so you can’t get virus
infection, it will be rock solid stable, it will be portable
(you can log into your vps platform anywhere in the world), and
last but not least it will offer you unlimited bandwidth plus
unlimited memory usage – so you can run as many forex robots (EAs)
as you’d like.
Platforms that will be made available: MetaTrader 4 (MT4) and
MetaTrader 5 (MT5)
Latency?
The vps servers will be spread across 3 data centers – US, UK , and
Hong Kong. I will configure your VPS account to use the server
which is nearest to the MT4 server of your chosen broker thus
providing the lowest latency connection possible.
One thing that may interest affiliates and system sellers/marketers
is whether we will have an affiliate program. The answer is yes.
You can even have it so that your clients will not have access to
whatever EA you’re selling but merely “lease” it while running on
the VPS account.
To launch this venture I’d need about 100 clients to start.
What about cost?
Well, I did some research and I decided that given the fact that
there will be no bandwidth and memory restrictions then $45 /month
would be a reasonable price to ask. Most other forex vps providers
charge double!
So whoever is seriously interested please let me know by signing up
to the interest group mailing list I setup for this purpose. Here
is the link:
http://forms.aweber.com/form/61/1676955861.htm
If I get 100 or more people on board then I’ll get the wheels
rolling and in a short while the vps platform will be made
available.
If you have any comments or suggestions feel free to e-mail me or post a comment.
P.S. Feel free to share this info with your forex trading friends
and associates.
Thank you for your support.
Sincerely,
Alan
Personally I prefer a dedicated server, not a VPS.
However for traders with less than $1000 or so yeah a VPS would be suitable.
Have you had much interest in it so far?
My only suggestion is to stay away from CNS and Forex Hoster. I have heard and experienced so many problems from them.
Hi Kevin.
Well, a dedicated server is one option but like you said most people would not be able to afford that type of setup. Even the most basic server setup would cost more than $45 a month easily – the average price I’ve seen being above $100/month.
I’ve had roughly 40 people sign up for the mailing list, so unfortunately I’m still quite a bit short of my goal of 100 minimum, but hmm I shall persist and hopefully enough interested people would join on board so I can launch this venture.
My proposed setup would not have anything to dowith CNS or Forex Hoster. It is similar to forex hoster in the sense that it’s a Unix ( in my case Linux) based solution, but unlike Forex Hoster my server configuration will be more complex and more advanced. The plan is to have the servers located across 3 geographical locations – US, UK, and Hong Kong – to ensure low latency communications with the MT4 server of the major forex brokerage firms. The client will be put on the server that is closest to his chosen broker’s server. The servers will be co-located with Rackspace which is a very high quality data center operator.
I also intend to have an affiliate program in place so if you wish to partner up with this venture let me know.
Thanks for your comment, and for visiting my blog. I also invite you to check out the Forex Nirvana forum where I typically hang out and chat forex.
http://www.forexnirvana.com