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NEW DRAFT - How can I set up a Forex Virtual Private Server (VPS)?

Setup Forex Virtual Private Server

By AayushiPublished 2 years ago 3 min read
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In the Forex market, consistency is key, and if your Forex VPS Hosting plan is causing you ISP connectivity troubles and other problems, it is obstructing your trade's progress.

A virtual private server (VPS) allows you to access your trading account from any location at any time. Most importantly, they are less expensive than you may assume.

In Forex, a network of buyers and sellers exchange currency at a predetermined price. Individual traders, central banks, businesses, and others use this method to change one currency into another. If you've ever visited a foreign country, you've almost certainly engaged in a Forex transaction.

Because VPS might be costly, it's appropriate – and advisable – to enquire about specific resources and packages that may be offered.

Packages can cost as little as $10 per month or as much as $99 per month, depending on the specific services and server quality.

The great majority include fast setup, comprehensive monitoring, and help available at all hours of the day and night. But what exactly does it take to set up a Forex VPS? We'll walk you through the entire procedure. Shall we start with the basics?

What are the requirements?

  • Your primary forex trading device, such as a desktop or laptop computer
  • It is necessary to use your remote control device (e.g., tablet, laptop, or smartphone)
  • Access to your home or office router
  • An account with Dynamic DNS

#1 Sign up for a dynamic DNS account first.

Before we get too caught up in the jargon, let's quickly review what dynamic DNS is. It allows you to create easy-to-remember IP addresses that you can use to access your workstation rather than memorizing a long list of numbers. Consider it like coming up with a unique phone number vs. digits set.

NO-IP is a free dynamic DNS solution that allows you to access your desktop from any internet-connected device. Simply follow the instructions for activating and setting up your account, and this DNS service should instantly link to your hostname and current IP address.

#2 Configuring your router

Most importantly, you must set up your router so that you may access it remotely from your tablet or laptop. There's no need to be concerned about individuals who aren't tech-savvy. Getting help configuring your router from others can be beneficial. There are several guides for configuring a router available.

For starters, you'll need to find the default gateway IP address on your office or home network, which will give you access to your router's settings. Frequently, port-forwarding tools can be found in the Security section.

  • 8080 is the internal port
  • 8080 (external port)
  • Choose "both" if you want to allow access from either UDP or TCP devices.
  • Device IP: Enter your remote device’s internal IP address

#3 The Remote Desktop Connection is enabled.

Remember to allow the Remote Desktop Connection (RDC) if you're using Windows as your primary Forex trading terminal. This will allow you to be reached from a separate device.

To do so, go to your device's Control Panel and select "System and Services or Maintenance." Then tap "System" once more, then "Remote Settings." Under the "Remote Desktop panel," select "Allow users to connect remotely to this desktop."

#4 Install the essential programs on your remote device

It depends on which Dynamic DNS service you choose; it usually comes with a program or application that you must install on both your main desktop and a remote device from which you can easily access your Forex workstation. When prompted, simply enter your login and password from your primary device. Done!

Alternatively, you can look at apps like TeamViewer, LogMeIn, and AnyDesk; however, these remote access services may cost money once the trial time expires or if you want to add additional cool features.

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About the Creator

Aayushi

Digital Marketing Executive @ AccuWebHosting

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