10 Best Cheap Forex VPS for 2024

With UltaHost's Forex VPS hosting service, traders can benefit from a dedicated virtual server that is optimized for the needs of forex trading, with fast and stable connectivity to trading servers, as well as access to a range of trading-related tools and software. The service is designed to meet the demanding requirements of forex traders, providing them with the resources and features they need to succeed in the fast-paced world of forex trading.

Key Features:

• High performance: UltaHost's Windows VPS hosting plans come with powerful hardware resources and SSD storage, ensuring fast website loading speeds and smooth performance even during high-traffic periods.
• Customizability: Customers have full administrative access to their VPS, enabling them to install custom software and configure the server to their needs.
• Scalability: UltaHost's Windows VPS hosting plans are designed to be scalable, meaning that customers can easily upgrade or downgrade their resources as their needs change.

UltaHost offers several pricing plans for their Windows VPS hosting, starting at $15.90 per month for 2 CPU, 2GB RAM, and 50GB SSD storage. Higher-tier plans offer more resources, with the most expensive plan costing $240.90 per month for 12 CPU, 64GB RAM, and 750GB SSD storage.

Pros:

• Excellent performance: UltaHost's Windows VPS hosting plans offer excellent performance thanks to their powerful hardware resources and SSD storage.
• Customizability: Customers have full administrative access to their VPS, enabling them to install custom software and configure the server to their needs.
• Scalability: UltaHost's Windows VPS hosting plans are designed to be scalable, meaning that customers can easily upgrade or downgrade their resources as their needs change.

The cons of UltaHost's Windows VPS hosting service may include limited data center locations and lack of a free trial option. 

Overall, UltaHost's Forex VPS hosting service is an excellent choice for traders who require a reliable and low-latency virtual server to execute their trades. With features such as low latency, security and reliability, and scalability and flexibility, UltaHost's Forex VPS hosting service provides traders with the resources and support they need to succeed in the competitive world of forex trading. Whether you are a professional trader or just starting out, UltaHost's Forex VPS hosting service can help you optimize your trading operations, providing you with the tools and resources you need to make informed trading decisions and execute trades quickly and accurately.

CheapForexVps is a Windows VPS host that uses the Hyper-V virtualization platform to provide the following dedicated resources:

• CPU: 384–6,000 Mhz
• RAM: 512 MB–4 GB
• Solid-state drive (SSD) storage: 12–40 GB
• Bandwidth: Unlimited

Reachable via email and support tickets, its staff is proficient in MT4. Its team can install and configure it within 24 hours. Likewise, you can rely on it to set up any broker software you desire.

That type of support, plus a dedicated IP (internet protocol), come free in CheapForexVps’s Lite, Basic, Deluxe, and Ultra hosting plans.

The company believes that its subscription fees of $3.73–$52/month make it the cheapest VPS provider on the market. And its price guarantee promises to match any lower offers you might get.

Pre-installed with Windows Server 2008 R2 x64, its VPSes are perfect for running live and demo Expert Advisor (EA) accounts. They give you full admin access over Remote Desktop Protocol (RDP) from Windows, Linux, macOS, iOS, or Android.

If you choose Deluxe or Ultra, you can upgrade this default OS to Windows Server 2012 for $1/month.

Except for Lite, all hosting plans are available in monthly, quarterly, semi-annual, annual, and biennial billing cycles. Plus, you’ll get to pick between a US- or a Europe-based data center.

As for security, CheapForexVps has designed its infrastructure to mitigate distributed denial-of-service (DDoS) attacks should they happen.

Using the Anticipation Advantage methodology, it prevents minor issues from compounding. And to avoid unwanted downtime, CheapForexVps schedules maintenance only on weekends.

You can also back up your data weekly for just $1/month.

Lastly, CheapForexVps brags about 99.99% uptime without assurance that it would compensate you for any VPS forex server downtime. If you’re unhappy, you’ll have five days to ask for a refund.

Verdict

CheapForexVps’s decision to deviate from its advertised prices echoes its commitment to be the darling of budget-conscious FX traders.

FxSVPS’s dozens of VPS hosting plans can make your head spin. For simplicity’s sake, here’s a summary of what you can expect:

• Price: $3.73–$52/month
• CPU power: 1–4 cores
• RAM: 512 MB–5 GB
• Pure SSD storage: 12–120 GB
• Bandwidth: Up to 100 GB/month or unlimited

Virtualization-wise, the platforms it has adopted include Kernel Virtual Machine (KVM) and VMware. This way, it can serve both Windows and Linux VPS users.

For the most part, FxSVPS’s Windows VPS packages come with a dedicated IP. The cheapest one doesn’t, but you can purchase it separately for $1/month.

By default, the OS is Windows Server 2012 R2. But you may be able to upgrade to Windows Server 2016 or 2019.

Like every forex VPS hosting provider, this one ensures full access, instant setup, and fast control panel activation time. It pre-installs MT4 and EAs, plus its hosting service is cTrader-optimized and supports auto MT4 startup.

Around 10–70 GB of backup storage space is part of the deal too.

The company has multiple data centers near major forex brokers and liquidity providers. Its server locations include Amsterdam, Frankfurt, London, New York, Singapore, Sydney, Warsaw, and more.

Despite its confidence in minimizing latency, its seven-day money-back guarantee excludes issues arising from it.

Moreover, FxSVPS pledges 99.99% uptime. But you may not get any credit if it fails to keep that promise.

On the upside, you can reach its team via live chat, phone, email, Skype, etc., to restore your service ASAP. However, I wouldn’t say it has the most helpful and responsive help desk out there.

FxSVPS offers a lifetime free forex VPS hosting service too. But there’s a catch: you need to use any of its partner brokers, deposit a certain amount, and trade continuously. Your chosen broker and plan would set your monthly required lot.

Verdict

If you prefer Linux to Windows, choosing FxSVPS is a no-brainer. You may have to stomach its paper uptime guarantee, though.

FxVPSPRO is a fully managed Windows VPS hosting provider.

It lets you choose between Windows Server 2008 R2 and 2012 R2 and grants you full admin access.

Either way, you can expect its system to be agnostic. That’s why you can connect to any forex broker you want.

Latency would hardly be an issue. It has data centers in New York, London, Frankfurt, and Amsterdam. So, you can trade from a location near your forex broker’s server.

Plus, this vendor pre-installs MT4/MT5, provides auto MT4 startup tools and can set up any custom software upon request. And it’s confident of getting your VPS up and running in as fast as 30 minutes or 5 hours tops.

Once everything’s ready, you’d be able to download and install any apps of your choosing over RDP.

So, how much resources does this trading VPS host provide?

Here’s what your money can buy:

• CPU power: 1–4 cores
• RAM: 800 MB–12 GB
• Non-volatile memory express (NVMe) SSD storage: 20–30 GB
• Pure SSD storage: 40–200 GB
• Bandwidth: 2–4 TB or unlimited

FxVPSPRO offers a large selection of packages in up to six billing options, costing $5.59–$75.99/month.

The company’s affordable VPS hosting plans for forex trading are devoid of add-ons. Nevertheless, you can get useful security features like dedicated IPs, DDoS attack defense, and browser protection.

If you need technical assistance, you can talk to FxVPSPRO’s help desk via email, phone, or Skype. If they can’t solve your problem, you can ask for a refund during your first seven days and move on.

The company’s money-back guarantee strictly applies to unresolved tech difficulties, though. So, you can’t demand for your cash when the issue is latency-related.

Despite the bold 100% uptime claim, you may not get any compensation for VPS unavailability either.

Verdict

FxVPSPRO isn’t immune to the usual inadequacies of VPS hosts. But it can certainly give you every security boost you need without causing your bill to balloon.

Cloudzy’s VPS hosting service for traders is Windows-only, but it’s fully managed.

Worth $6.95–$299.95/month, its plans are payable every 1, 3, 6, 12, and 24 months. And all of its subscriptions come with free Windows OS. The company offers a wide range of OSes, but it recommends Windows Server 2008 R2 x64 or 2012 R2 x64 for forex trading.

This vendor’s virtualization platform of choice is KVM. And here are the resources you can buy from it:

• CPU power: 2–12 cores
• RAM: 2–64 GB
• NVMe SSD storage: 30–800 GB
• Bandwidth: 3–15 TB
• 1 Gbps connection

You can also get:

• MT4/5 and EA support
• Instant activation
• Full remote access via Virtual Network Computer (VNC)
• Virtualizor control panel
• One IPv4 IP

Cloudzy can set up everything for free. And it won’t lock you in a contract.

To keep latency to a minimum, this forex VPS hosting provider has been investing heavily in its global network. Currently, it has 15 server locations across 3 continents (North America, Europe, and Asia). And two more data centers are coming soon.

Most of its strategic VPS locations are premium, though. So, you have to pay extra to host your trading apps there.

Likewise, you can purchase up to four additional IPs as an add-on. To buy more, you can request a quote.

The same applies to hardware specs. If Cloudzy’s standard features don’t meet your needs, you can customize your plan.

This vendor’s advertised uptime is 99.95%. In case you experience any downtime due to Cloudzy’s fault, you can ask for a credit. 

For technical assistance, you can reach its responsive help desk through email, phone, or Skype.

And should you cancel your service within the first seven days, you can also get a refund.

Verdict

Cloudzy’s FX trading VPS subscription fee can go from budget-friendly to expensive real quick. But its ability to reduce the impact of latency on your trading activity is priceless.

FX VPS Pro is Windows-centric. It has three categories of FX VPS hosting plans: regular, latency-optimized, and exclusive.

Your chosen package would dictate not only your OS options like Windows Server 2012 R2 but also determine where you can host MT4/5 or cTrader and the number of accounts you can run. However, you may be able to specifically pick New York or London as your data center location for an extra fee.

FX VPS Pro’s subscriptions cost $3.00–$85.90/month. And this vendor sells dedicated IPs separately for $1.09/month each.

Apart from taking care of software installation for you, this VPS hosting provider could set everything up in one hour max.

Here’s a primer on the maximum allotted resources you’d get across its 18 cheap forex server packages:

• CPU power: 1–6 cores
• RAM: 512 MB–48 GB
• SSD RAID 10 storage: 15–200 GB

In terms of bandwidth, the limit starts at 1 TB. But some plans permit unlimited data transfer.

On the security front, it monitors the integrity of its network on end and also has a backup system.

Without providing insurance against downtime, it claims that its network can always stay operational even when there’s a power outage.

FX VPS Pro’s email tech support reps are on standby around the clock. The company is on Facebook, Twitter, and YouTube too.

If you’re unsatisfied within the first three days of your subscription, you can cancel and get a partial refund.

To avoid paying for a subscription, use FX VPS Pro’s free service. To use and keep it, the conditions are as follows:

• Use any of its nine partner brokers.
• Deposit a minimum of $500–$30,000, depending on your chosen package.
• Trade at least three times a month.

Verdict

Although FX VPS Pro’s rather toothless uptime and money-back guarantees can be discouraging, its free VPS can minimize any risk.

By budget forex VPS hosting standards, TradingFXVPS’s monthly, quarterly, semi-annual, and annual subscriptions are on the pricey side. Fully refundable within the first 30 days, its plans cost $20–$90/month for features like:

• CPU power: 1–4 cores
• RAM: 2–8 GB
• NVMe storage: 30–50 GB
• Bandwidth: Unmetered
• Hyper-V virtualization tech
• Windows Server 2012/2019
• 1-minute VPS activation
• MT4 and EA installation
• MT4 auto logon
• Up to 5 MT4 terminals
• Malware and DDoS protection

That said, TradingFXVPS has a seven-day paid trial plan. For only $3.99, you’d get the following:

• CPU power: 1 core
• RAM: 2 GB
• NVMe storage: 30 GB

This paid trial is practically indistinguishable from the regular low-cost VPS packages.

The only notable differences are that it’s limited to Windows Server 2012 and 3 MT4 terminals. And it offers no VPS checkpoints for $8–$14/month.

Similar to the paid TradingFXVPS subscriptions, this trial version lets you access your VPS via RDP, VNC, or mobile. With it, you can get help for any issue through phone, email, or Skype.

Plus, you get to pick between four forex servers locations: New York, London, Amsterdam, and Frankfurt. These strategically situated data centers are close enough to most brokers that you can achieve 1 ms latency.

Furthermore, TradingFXVPS offers forex VPS hosting for free.

To trade on MT4 without paying for hosting, you must have an account with any of its five partners. You need to maintain an account balance of at least $200 too.

Here’s the monthly trading volume per broker:

• Axion Trade: 1 lot
• Axitrader: 5–15 lots
• Circle Markets: 15–25 lots
• Redmars: 5–10 lots
• Tickmill: 5–15 lots

Moreover, you can subscribe to TradingFXVPS’s forex signals with VPS managed service for $49/month.

Unfortunately, you can’t hold the company accountable for any disruptions, despite its 100% uptime claim.

Verdict

The fact that you can’t buy a TradingFXVPS subscription for less than $10 may turn you off. But it has more than enough safeguards to help you get started with as little expense as possible.

Forex Cheap VPS is not just another provider of Windows VPS hosting for trading forex. What you get is:

• Free installation of Windows Server 2012 R2/2016
• MT4/5 and cTrader setup
• Support for all brokers
• Responsiveness to all EAs and indicators
• Full RDP access via desktop and mobile
• One dedicated IP
• DDoS protection

This vendor offers 12 packages, catering to average users, those who put a premium on latency, and enterprises. At most, you could pay for one year’s worth of fully managed VPS hosting service upfront.

Here’s how much Forex Cheap VPS could set you back and the resources you’d get:

• Price: $4.99–$99.90/month
• CPU power: 1–5 cores
• RAM: 1–48 GB
• SSD RAID 10 storage: 16–220 GB
• Bandwidth: 1–4 TB or unlimited

The company has data centers in the US, Canada, the UK, and France, giving you good latitude in reducing latency.

You can reach its customer support via live chat, email, phone, Facebook, and Twitter.

In terms of network availability, Forex Cheap VPS backs its 100% uptime promise with a legit downtime compensation policy. Its subscriptions are fully refundable within the first three days.

If you want to harness this vendor’s forex VPS hosting capabilities for free, you’re in luck. Most of its VPS hosting packages won’t cost you anything if you’d use any of its partner brokers, including:

• FBS
• FXTM
• Hotfore
• Icmarkets
• Instaforex
• JustForex
• Markets
• RoboForex
• XM

The caveat is that you have to deposit cash into your preferred broker’s account. The minimum amount would depend on your chosen plan, ranging $500–$20,000. Also, you need to trade no less than three times a month.

To keep using this free forex VPS trial, you have to deposit the next installment every month.

Verdict

It’s good that Forex Cheap VPS doesn’t require you to buy a paid plan to use its service. And it’s even better that it offers solid guarantees should you proceed with a premium subscription.

FXVM specializes in ready-to-go Windows VPS hosting services with a mere five-minute setup time.

It has optimized its Windows Server 2012/2016/2019/2022 systems for MT4/5 and NinjaTrader. But you can also use its network for TradeStation and broker proprietary trading platforms. It has no broker and EA usage restrictions either.

A dedicated IP and automatic weekly backups are included in any FXVM subscription. Plus, it has a lightweight startup program that can run up to 6 MT4/5 terminals every Windows boot.

The company’s global network isn’t too shabby. At the time of writing this forex VPS review, FXVM has 8 server locations, 3 of which are in Asia. And it’ll have a new data center in Africa soon.

FXVM offers few but customizable VPS packages that are refundable within seven days. For $16–$49/month, you can rent the following server resources:

• CPU power: 1–2 cores
• RAM: 1.5–4 GB
• SSD storage: 40–70 GB
• Bandwidth: 250 GB–1 TB

Most of these forex VPS server features aren’t set in stone. You can upgrade:

• CPU power up to 4 cores for an additional $15–$45/month
• RAM up to 6 GB for an additional $6–$48/month
• SSD storage up to 80 GB for additional $3–$9/month

With all the bells and whistles, your FXVM subscription could cost up to $106–$121/month.

If you’re not prepared to spend this much, choose its seven-day paid trial. For just $0.99, you can get:

• CPU power: 1 core
• RAM: 1.5 GB
• SSD storage: 40 GB
• Bandwidth: 250 GB

FXVM’s 100% uptime commitment is no smoke and mirrors. For every 1 hour of downtime, it would credit you 5% of your most recent payment. Its live chat support isn’t only refreshing but also super responsive.

Verdict

There's no denying that FXVM’s service could get pricey if you go the whole nine yards. But with its reliable insurance against buyer’s remorse, you can recoup your dough if you’re not fully satisfied.

MyForexVPS has data centers in three locations: Amsterdam, London, and New York.

This VMware-based VPS host doesn’t offer the same capabilities across all server locations. The specifics are outside the scope of this forex VPS review, but here’s a primer on its features:

• Amsterdam
  • Price: $9.99–$89.99/month
  • CPU power: 1–4 cores
  • RAM: 2–8 GB
  • SSD storage: 30–100 GB
• London
  • Price: $9.99–$64.99/month
  • CPU power: 1–2 cores
  • RAM: 1–6 GB
  • SSD storage: 25–50 GB
• New York
  • Price: $9.99–$81.99/month
  • CPU power: 1–3 cores
  • RAM: 1–6 GB
  • SSD storage: 30–50 GB

At most, you can pay 12 months in advance and run up to 50 MT4/5 platforms or more. Depending on your chosen VPS location, you can choose between Windows Server 2008 R2/2012 R2 and 2008/2012.

MyForexVPS doesn’t always provide a dedicated IP. But you may be able to buy one for $3/month if a shared IP is unacceptable to you.

The same goes for remote access. Primarily, you can control your VPS via RDP. But in some packages, you could use MyForexVPS’s proprietary browser-based client: myRDP. 

Irrespective of the plan, this cheap forex VPS vendor commits:

• Unlimited bandwidth
• Instant VPS activation
• Free 15-minute setup
• Support for any broker, trading platform, and EA
• Unlimited EAs
• 1 Gbps uplink

Moreover, this VPS host swears by its 99.99% network availability. If its uptime guarantee fell short of expectations, it would grant you a service period extension. Just notify its highly approachable help desk via email or live chat about it.

On paper, MyForexVPS has no free trial. But you may be able to negotiate for one if you ask by submitting a support ticket.

What’s certain is its five-day money-back guarantee.

Verdict

MyForexVPS’s web-based client is perfect if you’re usually on the go.

GigaPros is a Windows-based VPS host, partitioning server resources with Hyper-V.

Since it provides self-managed hosting, you’d need to install the apps yourself. But your VPS would come with pre-installed MT4 and be accessible via RDP. And you can run EAs to your heart’s delight.

With GigaPros, you’d rent virtual forex servers in four data center locations: the US, France, Germany, and the UK. These options enable you to use any brokers based in North America and Europe with minimal latency.

So, how many GigaPros plans are there to choose from?

Four. Two “cheap,” two “premium.” Aside from price, customer support quality is the other notable difference between these categories.

Premium subscribers get to enjoy priority tech support and the option to receive assistance over the phone. The others don’t get the VIP treatment and have to settle with live chat reps and support tickets.

Is advanced tech support worth the extra expense?

Here’s the whole picture so that you can decide for yourself:

• Cheap
  • Price: $10–$34/month
  • CPU power: 1–2 cores
  • RAM: 2–4 GB
  • SSD RAID-1 storage: 20–40 GB
  • Network speed: 100 Mbps
• Premium
  • Price: $52–$136/month
  • CPU power: 2–3 cores
  • RAM: 2–4 GB
  • SSD RAID-10 storage: 40–60 GB
  • Network speed: 1,000 Mbps

Whichever direction you take, you’d get unlimited bandwidth and a static IP. 

However, its premium VPS packages for traders include a Windows OS. Plus, you’d be able to unlock these extras:

• White label support: $4/ticket
• File Transfer Protocol backup space: 2–100 GB for $0.95–$9.95/month
• GigaPros Hacker Guard System: $19.95/month

On the other hand, the budget plan makes it possible to upgrade to managed VPS hosting for $9.99/month.

More importantly, GigaPros has dependable 99.90%–99.99% uptime, 30-day money-back, and 1-hour support ticket response guarantees.

Verdict

GigaPros can give you the level of TLC you won’t find elsewhere. This vendor is definitely a strong candidate if you want to be pampered in your hour of need.