Having low latency, instant access to the forex markets and reliable up time is crucial to being a consistently profitable trader. Old computers and slow wifi costs forex traders millions a year in lost opportunities and mismanaged trades. With a market as liquid as the forex market, it’s more important than ever to have the best connection on your side. This is where a forex vps comes into play…
Accuweb is a hosting provider that offers a dedicated specific VPS for forex traders. In this article we are going to break down everything you need to know about Accuweb, the pros, cons and my experience with the forex vps offered. Let’s get into the article…
What Is Accuweb?
Accuweb is a hosting provider founded in 2003 and has sold their hosting and VPS’s to over 100,000 businesses in the last 18 years! They offer specific Forex VPS packages that are perfect for traders with EA’s, bots, algorithms or just looking to a better connection to the markets. These forex vps’ are tailored specifically to our needs as traders, to increase uptime and reduce latency, with servers all around the world.
Accuweb claim to offer the best forex vps hosting for traders looking for completely uninterrupted trading and they’re coming in at some of the cheapest rates in the market! They actually compare very well with some of the top forex vps providers in the industry. Let’s find out more…
Accuweb Forex VPS Features
Accuweb has a range of features that are absolutely needed for forex traders looking to taking their trading seriously. Let’s take a look at some of the most important features…
1. Low Latency
Accuweb have extremely low latency, which is key for traders on HTF and lower time frame trading. They have tested their latency on some of the worlds leading forex brokers…
2. 14 Server Locations Worldwide
Accuweb has 14 servers around the world, meaning you can select whichever server is closer to your broker and have the lowest latency possible. There are servers covering the whole world from Australia, all the way to Canada. I’d definitely recommend finding which server works best for your broker – not just closest to you in the world.
3. 99.9% Up-Time
The servers come with a 99.9% uptime guarantee, which is essential for traders with a VPS. Most traders aren’t going to be looking at a VPS for more than a few minutes per day, so knowing it won’t go down is crucial.
4. Fully Scalable
If you outgrow your current VPS size and need to have a large operation, the company can do that for you in just 15 minutes of downtime without ever having to remove anything off your server. This makes it completely scaleable for traders that may take on new accounts, new platforms and new algos over the next few years. Most of the forex vps’ in the industry aren’t scaleable, so this definitely sets the company apart!
5. Fully Managed And Backed Up
All of the Accuweb forex vps’ are completely managed by the experts and 24/7 support is provided. The server is managed and monitored by the team 24/7 and back ups are taken on a weekly basis for most of the servers. This means the entire server can be restored if anything happens – which is great to know, to get back operational as a trader if needed.
What Are The Plans & Pricing
When it comes to pricing, Accuweb are very competitive and cheaper than most competitors like ForexVPS. In fact, they have a range of 6 different forex vps’ depending on your requirements and how many terminals you are going to be running. These plans are paid for on a monthly basis and range from $12 per month, to $389.99 per month for the largest vps. Let’s take a look…
Forex VPS 1 – $12 Per Month
Forex VPS 1 is designed for traders with a very small operation and comes with 15 potential data server locations ranging from South Africa to USA. This package is recommended for just a few terminals or MT4 applications running and would suit maybe 1 or 2 EA’s. This comes with 1GB of ram, 35GB SSD, 2 CPU Cores, 250GB bandwidth and weekly backups. This is a fully managed service and would be perfect for beginner traders.
Forex VPS 2 – $24 Per Month
Forex VPS 2 is designed for traders wanted to run 5-8 terminals, needing slightly more to play with. This package has all of the same server locations at the cheaper option but comes with double the ram, 40GB SSD, 3 CPU Cores and 450GB bandwidth. This is the most common plan for forex traders.
Forex VPS 3 – $44 Per Month
Forex VPS 3 is recommended for traders running more than 8 forex terminals at once and comes with 4GB ram, 45GB SSD, 4 CPU Cores and 650GB bandwidth – this is going to be perfect for EA and algo forex traders.
Forex VPS 4 – $111.99 Per Month
This VPS is going to be for 6-8 terminals but more serious traders running a huge amount of EA’s. Forex VPS 4 comes with 8GB Ram, 160GB SSD, 2 CPU Cores, 2.5TB Bandwidth and is fully managed. It’s compatible with all trading systems and softwares – a great choice for traders with large operations.
Forex VPS 5 – $191.99 Per Month
Forex VPS 5 is recommend for roughly 10 terminals and is compatible with all trading applications. This fully managed VPS comes with easy upgrade, 3TB Bandwidth, 4 CPU Cores, 320GB SSD and 16GB Ram.
Forex VPS 6 – $383.99 Per Month
Forex VPS 6 is definitely overkill for a lot of traders and I’d only advise spending this much on a server setup if you’re 100% sure that you need it. This huge VPS comes fully managed with 3.5TB bandwidth, 8 CPU Cores, 640GB SSD and 32GB Ram – more than enough for the majority of forex traders running a few MT4 applications and an EA or two.
Accuweb Customer Support
If you’re serious about forex trading and have multiple EA’s or trading accounts running, you need to ensure that everything is running smoothly, 24/7. If things go down, you need to ensure that there’s always a support team on hand to help you out at any time of the day as every minute down is a very costly minute for high frequency trader.
Accuweb offer 24/7 customer support to traders – which is great to see! The support team have been praised massively over on Trustpilot for helping traders and customer out of tricky situations.
As well as the 24/7 live chat, there’s a customer number you can call, along with a psychical address, should you fancy going to the office to solve your issues. I’d not recommend it myself, but it’s nice for a company to show transparency in regard to where they’re based.
Accuweb also have a range of video tutorials here, in the knowledge base, should you want to try and solve any issues you’re having. It’s great to have a good customer service team at your disposal but likewise it’s crucial that things aren’t constantly going wrong – in an ideal world, we wouldn’t even need to speak to the support team!
Accuweb Reviews – What Are Traders Saying?
If you’ve read any of our top prop firm reviews, you’ll know that we love to have a look at other traders experiences with a service, before committing to purchasing. Accuweb has a Great reputation on Trustpilot, with over 70 reviews, 60% of which clocking in at excellent!
Although there’s nothing wrong with this, it’s worth pointing out that there’s 13% of reviews that are logged as bad, the worst it could be. Now this is worrying to see. When you compare this to some of the other forex vps offerings in the industry it becomes concerning. For example, ForexVPS is excellently rated on Trustpilot and have less than 1% of bad reviews, in over 10x more reviews!
This review from Marius is worrying as he reports a number of issues he has had with the forex vps and actually advises staying away, especially if you’re an algo trader that leaves EAs to work automatically. You’re going to be relying on guaranteed uptimes and no restarts or you will be losing money.
From looking at these reviews, sticking with a more trusted and well received forex vps like ForexVPS might be a better option – at the moment anyway.
If we ignore the Trustpilot reviews, The Web Hosting Dir puts Accuweb at the best forex vps provider, with over 1000 extremely positive reviews. This is great news for us and shows that it’s still very much worth trying Accuweb as a forex vps provider.
In Summary – Is Accuweb The Best VPS For Forex Traders?
In conclusion, Accuweb is one the of best forex vps providers in the market. They offer a huge range of perks, backups, fully managed servers and low latency. The range of 14 data centres, combined with the easy stability makes this a perfect choice for vps for forex traders around the world.
The pricing is very competitive compared to companies like ForexVps, and I’d definitely recommend giving Accuweb a try!
If you have any experience with Accuweb as your forex vps provider please drop a comment below, I’d love to hear your opinions.