According to the www.wikipedia.com A "virtual private server (VPS, also referred to as Virtual Dedicated Server or VDS) is a method of splitting a server. Each virtual server can run its own full-fledged operating system, and each server can be independently rebooted." So with VPS you can have an online 24 hours computer that can 24 hours connect to the internet.
Why we need VPS for online trading? If we have expert advisor that made according to our system, strategy and indicator that have been tested and give profit for us, than we can use VPS to put our expert advisor into the VPS that online and work for 24 hours. So we use VPS only if we have super expert advisor that really can make money for us, if not VPS would be useless.
How can we find good VPS provider? here is some tips:
1. Well.. just looking in a search engine like www.google.com and type VPS for the keyword
2. check the VPS location. Is it in your country or not. (but this is not really important. I think if the VPS is local then you can contact the admin quickly by phone if something goes wrong)
3. check the features of the VPS:
a. how fast is the CPU. faster better
b. how big is the memory (RAM), bigger better
c. how big is the hard drive (storage), bigger better
d. how big is the bandwidth, bigger better
e. and of course the important one, the price, get as cheap as can be :)
4. check the up time, should be above 99% or 99%
5. windows or linux VPS
6. another features, like mysql, apache, etc
Well I guest that's all. I hope you can find good VPS.
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