Any Forex trader uses special software called “trading platform” on a daily basis. A trading platform (a.k.a.“terminal”) allows placing orders, building charts, running Forex robots (i.e. Expert Advisors), and the like. In some cases, it is enough to install a trading platform on a home PC, for example, if you just learn about Forex and don’t make your living from it. Still, you need be 100% sure in your ISP and power supply, since anytime something goes down you may lose a trade. Or vice versa, make millions if your trading platform is ahead of competition.
You’re paying more, so there SHOULD be a minimum uptime guarantee and better server speed. Look for a host that offers 99.5% at a very minimum, although ideally, I’d rather go with someone who offers 99.9%. Search through some reviews as there are many who have put this to the test. For example, any of WHSR’s many web host reviews include an uptime record as one of our key tests.
We think that you should pay even less for cheap VPS hosting. However, you also want to get a host that has customer support, good uptime, and security features. These are important to keeping your website stable and free of issues. While some VPS hosts will promise the world for less than $5, you should make sure that you are getting a good value for the product.
A VPS doesn’t just have more RAM, disk space, and a proprietary share of CPU than a shared account. Depending on the provider, some VPS plans offer burstable memory, which is a pool of RAM set aside for extraordinary events. This is the stuff that can help counter the so-called “Digg-effect,” that much-whispered about occurrence that’s the simultaneous hope and fear of everyone who runs a web site. When you have an unexpected high traffic event, burstable memory will call on a pool of reserved, shared memory to satisfy the needs of temporary high traffic. This is not available on shared servers and, while the necessary memory is available on a dedicated server, your site might not get the kind of traffic on a daily basis to justify the expense of a dedicated server. Again, not all VPS plans have burstable memory, so ask your provider if their VPS plans do.
In answering this question, maybe it’s better to examine how VPS hosting fits in to the overall offerings of most hosting companies. Shared hosting is just that – your site is hosted on a machine with a bunch of other sites, and each of you share the same resources, including RAM, disk space, and CPU. Your site uses what it needs if it’s available, and if it’s not – well, that’s the limitation of shared hosting. Likewise, a dedicated server is also self-explanatory – your site is the only one hosted on server, and you have all the aforementioned resources available at your beck and call. Dedicated hosting is therefore for those large sites with big databases and lots of traffic, whereas the limitations of shared hosting’s usually prevent it from housing that kind of site. Dedicated servers are also relatively expensive, while one can get a shared hosting plan for under $10 per month.