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MyForexVPS Review 2024 – Is It Worth It?

Solomon Ndung'u Written by: Solomon Ndung'u

MyForexVPS is known for faster deployment of its customer’s servers, in just 15 minutes. While its website’s alternative language is Russian, its hosting infrastructure is distributed elsewhere in the U.S., the U.K, and the Netherlands.

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Overview

MyForexVPS Overview1

MyForexVPS specializes in the provisioning of virtual private servers that are specially designed for forex trading. Its tariffs are hosted in data centers distributed in Amsterdam, New York, and London allowing the vendor to provide better services than its competitors.

Its website is available in both English and Russian, and the hosting provider markets itself as the first company to offer its customers the services of myRDP and Latency to forex brokers.

Features and Ease of Use

MyForexVPS virtual server offerings are equipped with good a list of hosting features, including:

  • SSD-based web space
  • Unlimited bandwidth
  • 1Gbps uplink 
  • 24/7 technical support
  • 99.999% uptime guarantee

MyForexVPS hosting services are hosted in several data center locations distributed worldwide and are customized based on location. Tariffs in Amsterdam, the Netherlands are Solo NL, Pro NL, Xpert NL, Guru NL, and Ultra NL; in London, the United Kingdom there’s Pro UK and Guru UK while the New York, United States locations offer Solo US, Pro US, Xpert US, and Turbo US.

Setup of your tariff is pretty quick, in just 15 minutes, so you can instantly start the process of running your online project. After the signup process is complete, you start to enjoy your own dedicated resources, including RAM, OS platforms (64-bit Windows Server 2008/2012 R2), and either shared or dedicated IP address.

To give users high-quality services, the vendor operates using first-class server equipment from top brands, such as Juniper, IBM, and NetApp, among others, that utilize the best available virtualization technology for high-performance and reliability.

Unfortunately, MyForexVPS’s hosting services lack backup and restore services, and as its T.O.S states, the company should not be held responsible for any loss of files and website data residing on its VPS servers.

Pricing and Support

The company offers affordable plans for its VPS service, and there are no charges for setting up your VPS. The plans come with monthly pricing, but you also have the option to subscribe to annual payment plans. All the prices are denominated in U.S. dollars.

While customers may cancel service and billing at any time, refunds only apply if reported within five days. However, you can rest assured that your hosting is powered by a highly available hosting network with a 99.999% uptime guarantee.

MyForexVPS Support

For any technical help, potential customers can contact the vendor via live chat, email, or by sending them a physical letter using their U.A.E. box office addresses.

All the same, there is no telephone support or ticketing system, and the vendor has a very limited knowledge base.

Comparison

How does MyForexVPS match up to the competition?

1HostingerCompareOur Score4.9Compare
1IONOSCompareOur Score4.8Compare
1MyForexVPSCompareOur Score4.1Compare
1Go4HostingCompareOur Score2.4Compare

MyForexVPS REVIEW: BOTTOM LINE

MyForexVPS virtual server services are specially designed to serve forex traders and brokers worldwide. Nonetheless, the hosting provider lacks backup options, and customers in need of shared hosting or dedicated servers will be disappointed to learn that the vendor falls short of what they require.

Pros

  • Several data center locations worldwide
  • Quick setup of your servers, in just 15 minutes
  • SSD-based web space
  • 99.999% uptime guarantee

Cons

  • Doesn’t offer shared or dedicated servers
  • No backups for its customers’ VPS servers

Try SSD hosting from MyForexVPS.
Solomon Ndung'u Solomon Ndung'u
Solomon Ndung’u is a writer, author, and SEO specialist. When he’s not working, you will find him singing his favorite tunes. He is also a confessed avid reader of The New York Times.
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