Here are our top brokers with free VPS services.
Broker | Features | Broker Reviews | Visit |
 | * 1:1000 leverage * 210+ instruments * $15 min. deposit * Free education | ||
 | * 1:1000 leverage * 1200+ instruments * $50 min. deposit * Tight spreads | ||
 | * 1:500 leverage * 80+ instruments * $200 min. deposit * Excellent support | ||
 | * 1:888 leverage * 1000+ instruments * $5 min. deposit * Free market analysis | ||
 | * Low deposit | ||
 | * 1:500 leverage * 10,000+ instruments * $200 min. deposit * Ultra low latency | ||
 | * 1:500 leverage * 800+ instruments * $10 min. deposit * African Broker | ||
 | *1:500 leverage | ||
 | * 1:500 leverage * 1000+ instruments * $200 min. deposit * Crypto CFD trading | ||
 | * 1:400 leverage | ||
 | * 1:500 leverage * $10 min. deposit | ||
 | * 1:30 leverage | ||
 | * 1:1000 leverage |
What Is A Virtual Private Server?
A virtual private server (VPS) – in the context of forex trading – is simply a dedicated hosting service or networked machine that remotely runs a copy of the forex trader’s platform. In other words, a VPS is a cloud-based computer with a trading platform that traders can operate from any device. Once installed, the VPS remains connected at all times – even if a trader’s own computer is disconnected from the internet.
Why Use A VPS Service For Trading?
Forex trading requires stable connectivity and fast trade execution speed. This is why having a Forex VPS service can be very helpful. Here are some of the main benefits:
- Remote Access – With a VPS service, forex traders can have remote access to their trading accounts from anywhere using different devices.
- 24/7 Access – A VPS will run for 24 hours a day. The Forex trading system stays open and as a result, the trader does not have to watch the screen all the time.
- System Errors – A VPS isn’t affected by power outages, hardware failures, or system failures. Traders can continue trading even if they’re experiencing technical issues.
- Security – With a VPS service, forex traders can trade with peace of mind. This is because brokers monitor their service and do their best to prevent security threats.
- Faster Connection Speed -A VPS service enables faster tarde execution speeds. Hence, this prevents traders incurring losses as a result of slippage.
How To Choose The Best VPS Forex Broker
If you’re new to trading, it can be hard to know which are the forex brokers in Nigeria and which can offer you the best trading tools. Here are a few key things to look out for when choosing a forex broker:
- Free VPS – The best forex brokers will allow you to use their VPS services for free. Try to find a broker that offers you a free service in exchange for making a minimum deposit or for meeting their minimum trading requirements.
- Regulation – The best forex brokers are licensed by a reputable regulatory body. It is important to check their regulatory status. It is also important to see if they offer negative balance protection and a good level of client fund protection.
- Trading Conditions – The best forex brokers in Nigeria all offer a great selection of trading instruments. Look for brokers that also offer other assets such as stock and cryptocurrencies. Try to also find brokers with high leverage and tight spreads.
- Minimum Deposits – Most forex brokers offer at least one low-cost trading account. If you’re looking at new brokers, make sure you check that their minimum deposits are reasonable and that they offer convenient payment methods.
- Trading Support – The top forex brokers will usually offer a wide range of free learning resources and free market analysis. Look for forex brokers with free trading tools that can give you access to calculators, economic calendars, EAs, and chart indicators.
To find out more about the best forex brokers in Nigeria, read our forex broker reviews. To learn more about the best forex broker promotions, check out our blog.