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Should you trust MyForexVPS with your automated trading? Short answer: it depends on your broker locations. This specialized forex VPS provider delivers solid performance at competitive prices, but only if your broker servers are in New York, London, or Amsterdam. Outside those three hubs, you’ll face latency issues that could cost you trades.
This review analyzes customer feedback from Trustpilot, FXMerge, and trading forums to give you an honest picture. Unlike affiliate-heavy reviews, we include the complaints that others skip, show you the billing issues users report, and explain exactly when this service falls short. MyForexVPS has operated since 2010, so there’s plenty of real-world feedback to draw from.
| Name | MyForexVPS |
| Total Reviews | 0 |
| Average Score | N/A |
| Server Locations |  United Kingdom,  United States,  Netherlands |
Number of Reviews
Avg. Review Score
Customer Support
Overall assessment: MyForexVPS earns a 4.4/5 on Trustpilot from 28 reviews, with 93% giving 5 stars. The main strengths are fast setup (around 15 minutes), low latency to major brokers, and transparent pricing. The biggest complaints involve no backup services, slow weekend support, and occasional VPS crashes during critical trading hours. Best suited for budget-conscious traders running EAs (Expert Advisors, automated trading programs) on MT4/MT5 with brokers in the US or Europe.
Features and Services
MyForexVPS focuses exclusively on one thing: VPS (Virtual Private Server) hosting for forex traders. They don’t offer shared hosting, dedicated servers, or general web hosting. This narrow focus means their infrastructure is optimized specifically for running trading platforms like MT4 and MT5.
What You Get
Every plan includes full Windows Remote Desktop access, letting you run your trading terminals 24/7 without keeping your home computer on. The VPS stays connected to your broker even when your local machine is off, which is essential for automated trading strategies.
- SSD storage (Solid State Drives, faster than traditional hard drives) on all plans
- 1 Gbps network uplink for fast data transfer
- Unlimited bandwidth under fair use policy
- Dedicated IP address that stays the same for your VPS lifetime
- MT4/MT5 pre-optimization for trading platform performance
- No restrictions on which brokers or expert advisors you use
Data Center Locations
MyForexVPS operates from three locations: Amsterdam (Netherlands), London (UK), and New York (USA). These locations were chosen because they’re close to major broker server clusters. The company expanded to London in 2014 and New York in 2017, building on their original Amsterdam infrastructure.
The limited number of locations is both a strength and weakness. Three well-maintained data centers can deliver excellent performance to nearby brokers. But if your broker runs servers in Singapore, Tokyo, or Sydney, you’ll face higher latency that could impact execution speed.
Performance Expectations
MyForexVPS advertises sub-millisecond latency to many major brokers. According to customer reviews, users report consistent performance for traders whose brokers operate near their chosen data center. The company uses enterprise-grade hardware from Dell, HP, and Cisco, housed in tier-1 facilities.
The 99.999% uptime guarantee is aggressive, and most long-term users confirm reliable service. However, a minority of reviews mention VPS crashes during active trading sessions, sometimes leading to missed stop-losses. This appears to affect a small percentage of users but represents a serious concern when it occurs.
Customer Experience
Analysis of 40+ reviews across Trustpilot, FXMerge, and trading forums reveals a polarized picture. Most users are satisfied, but the minority who encounter problems report serious issues.
What Customers Praise
Fast activation: Multiple reviewers highlight the 15-minute setup time. One user noted they were “running live within 20 minutes of payment.” For traders migrating from local machines, this speed matters.
Long-term stability: Several Trustpilot reviews come from users running multiple VPS instances for 2+ years without service outages. One reviewer stated they’ve “operated four VPS for two years with excellent experience.”
Value for money: Users frequently compare MyForexVPS favorably to more expensive alternatives. Comments like “the price is much lower than big VPS providers, yet the performance is even faster” appear regularly.
Responsive pre-sales support: When the support team responds, users describe them as helpful and knowledgeable about trading-specific requirements.
Common Complaints
VPS crashes during active trading: The most serious complaint involves VPS failures during market hours. One 1-star Trustpilot review described a crash during the London session where “MT5 terminals did not restart automatically,” leading to larger losses than anticipated. These reports are uncommon but devastating when they occur.
Weekend support delays: Multiple users report that support response times stretch during weekends. For a service aimed at traders who often adjust strategies before Monday opens, this gap is problematic.
Billing and cancellation issues: Several reviews mention autopay problems. One Forex Peace Army review described an autopay error that disabled their VPS, “nearly cost me $5,000.” Another user reported being charged after requesting cancellation within the refund window.
No backup recovery: When things go wrong, users must rebuild from scratch. The company explicitly disclaims responsibility for data loss, which frustrates traders who assumed basic backup functionality.
Community Feedback (Forums and Trading Sites)
Beyond curated review platforms, trading forums reveal additional perspectives. On FXMerge, one user described a “horrible experience” with laggy, unstable performance and unresponsive support. Another forum poster mentioned their VPS “crashed or stopped working three times within one year.”
On the positive side, a Forex Factory discussion noted that “people are brutal if they don’t like a service” and the commenter hadn’t “heard a single complaint” from their trading community about MyForexVPS. Long-term users on trading forums tend to be satisfied, while negative experiences cluster around newer accounts and high-load situations.
The pattern suggests MyForexVPS works well for typical use cases but struggles when issues arise, particularly with support responsiveness and recovery options.
Support Quality
MyForexVPS offers live chat and email support, but no phone line or formal ticketing system. The knowledge base is minimal, which means most issues require direct contact with support staff.
Review feedback on support is mixed. Users who need quick answers during business hours generally report good experiences. Those who encounter problems on weekends or need complex issue resolution describe frustration with response times and follow-up.
For a service where downtime can mean financial losses, the support infrastructure feels underdeveloped compared to competitors. If reliable support is critical to your operation, this is a factor to weigh carefully.
When to Use MyForexVPS
MyForexVPS is a strong choice in specific scenarios:
Ideal For
Budget-conscious traders getting started with VPS: The $12.99/mo entry point is genuinely affordable. If you’re moving your first EA off your home computer and want to test VPS trading without major investment, MyForexVPS delivers good value.
Traders using US or European brokers: With data centers in New York, London, and Amsterdam, latency to major broker clusters in these regions is excellent. If your broker operates servers in or near these locations, you’ll get the low-latency execution that matters for scalping and automated strategies.
Simple setups with few terminals: The SOLO and PRO plans handle 1-10 MT4/MT5 terminals effectively. For traders running a handful of EAs without complex requirements, MyForexVPS provides what you need without excess.
You’ll Appreciate It If
- You want transparent pricing without promotional games or renewal surprises
- Fast activation matters because the 15-minute setup is among the fastest in the industry
- You’re comfortable managing your own backups and don’t need hand-holding
- Your broker is in NY4, LD4, or Amsterdam clusters where MyForexVPS shines
When NOT to Use MyForexVPS
No VPS provider fits everyone. MyForexVPS falls short in these situations:
Look Elsewhere If
Your broker operates in Asia-Pacific: With only three data centers, all in the US and Europe, traders using brokers in Singapore, Tokyo, Hong Kong, or Sydney will face 100ms+ latency. That’s unacceptable for scalping and problematic for any latency-sensitive strategy. Consider providers with 10+ global locations like ForexVPS.net or FXVM.
You need guaranteed uptime for high-stakes trading: While the 99.999% SLA (Service Level Agreement, a contractual uptime promise) sounds impressive, the small number of VPS crash reports during live trading should concern serious traders. If a single outage could cost you thousands, the lack of redundancy and backup services makes MyForexVPS risky.
Weekend support access is essential: If you adjust strategies over the weekend before Monday’s open, slow weekend support response times could leave you stuck. Larger providers maintain 24/7 response capabilities.
You require backup and recovery services: MyForexVPS explicitly offers no backup functionality. If your VPS fails, you rebuild from scratch. Traders who can’t afford this disruption should choose a provider with automated backups included.
Red Flags for Your Situation
- You’re running 20+ terminals: At scale, the GURU and ULTRA plans exist, but reviews suggest performance can become inconsistent. Providers specializing in high-volume operations, or cloud hosting solutions with better scalability, may serve you better.
- Phone support is non-negotiable: MyForexVPS only offers chat and email. No phone line exists.
- You want dedicated server options: MyForexVPS only provides shared VPS infrastructure. No dedicated servers are available for institutional traders.
If any of these apply, consider ForexVPS.net or FXVM instead (see Alternatives section below).
MyForexVPS Plans and Pricing
MyForexVPS uses straightforward monthly pricing without the promotional/renewal games common in web hosting. The price you pay in month one is the same in month twelve. This transparency is refreshing compared to hosts that advertise $2.99/month then bill $12.99 on renewal.
Note on pricing: Unlike typical web hosts, MyForexVPS doesn’t use introductory discounts that expire. Monthly rates stay consistent, though annual payments offer roughly 15% savings.
Netherlands/USA Plans
SOLO: $12.99/mo – 1GB RAM, 1 CPU core (1000 MHz), 25GB SSD. Suitable for 1-5 MT4/MT5 terminals.
PRO: $17.99/mo – 2GB RAM, 1 CPU core (1600 MHz), 30GB SSD. Handles 5-10 terminals comfortably.
XPERT: $27.99/mo – 3GB RAM, 1 CPU core (2300 MHz), 35GB SSD. Good for 10-15 terminals.
GURU: $52.99/mo – 4GB RAM, 2 CPU cores (4600 MHz), 50GB SSD. Powers 15-25+ terminals.
ULTRA: $89.99/mo – 8GB RAM, 4 CPU cores (8800 MHz), 100GB SSD. For heavy users running large operations.
UK Plans
London-based plans carry slightly higher pricing. The PRO UK and GURU UK options are available for traders who need proximity to UK-based brokers.
Annual Savings
Paying annually reduces costs by approximately 15%. The XPERT plan drops to around $244.70/year ($20.39/mo effective), GURU to $460.70/year, and ULTRA to $806.30/year.
What’s NOT Included
- Backup services: MyForexVPS explicitly states they don’t offer backup or restore services. You’re responsible for saving your own data, platform settings, and EA configurations. This is a significant gap for traders who need to recover quickly from issues.
- Phone support: Only live chat and email available.
- Ticketing system: No formal ticket tracking for support requests.
- CPU 1 x 1.00GHz
- RAM 2 GB
- CPU 1 x 1.60GHz
- RAM 3 GB
- CPU 1 x 2.30GHz
- RAM 4 GB
Pricing Verdict
MyForexVPS sits in the budget-to-midrange category for forex VPS providers. The entry-level $12.99/mo SOLO plan is competitive, offering enough resources for beginners running a few terminals. However, the lack of backup services means you’re trading lower costs for higher responsibility. For traders who value data protection, competitors like ForexVPS.net include 100GB storage and better support infrastructure, though at higher prices.
MyForexVPS Transparency Score
We assess how upfront MyForexVPS is with important information:
- Company Information: Limited. The company operates as ON2A FZ LLC, registered in the UAE, though the service originated as a British provider in 2010. The physical address is listed (Creative Tower, Fujairah, UAE), but finding ownership details requires digging.
- Pricing Transparency: Good. Prices are clearly displayed on the website, and the lack of promotional/renewal pricing games is refreshing. What you see is what you pay. Annual discounts are clearly stated.
- Technical Documentation: Limited. Server specifications are basic. The knowledge base is minimal, and detailed technical documentation about infrastructure, redundancy, or SLA terms requires direct inquiry.
- Terms and Policies: Adequate. The refund policy (5-7 days depending on source) is stated, and the terms of service clearly disclaim backup responsibility. However, some users report confusion about cancellation procedures.
Overall Transparency: Mixed. Pricing is clear, but company ownership and technical infrastructure details are less accessible than competitors. The explicit disclaimer about no backup services is honest, though some users miss it before signing up.
Alternatives to MyForexVPS
If MyForexVPS doesn’t fit your needs, these alternatives address common gaps:
For Better Global Coverage: ForexVPS.net
ForexVPS.net operates 22 data center locations worldwide, solving MyForexVPS’s biggest limitation. If your broker runs servers in Asia-Pacific or other regions outside the US/Europe, ForexVPS delivers consistent 1ms latency globally. Starting around $28/mo with 4GB RAM and 100GB SSD, it’s pricier but includes better base resources. The 4.8/5 Trustpilot rating from 5,000+ reviews suggests reliable service. See our VPS hosting comparison for details.
For Better Value at Entry Level: FXVM
FXVM starts at $17/mo with 14 global server locations and a 99.99% uptime guarantee. For traders who need more locations than MyForexVPS offers but don’t want to pay ForexVPS.net prices, FXVM hits a middle ground. The 4.8/5 Trustpilot rating from 3,000+ reviews indicates strong customer satisfaction.
For Top-Tier Hardware: TradingFXVPS
If raw performance matters most, TradingFXVPS uses AMD Ryzen 9 9950X CPUs with DDR5 RAM and NVMe storage. Their 10Gbps network (versus the standard 1Gbps) and 0.3ms latency from New York servers appeal to high-frequency traders. Starting at $17.50/mo, it’s competitively priced for the hardware quality. The 4.6/5 Trustpilot rating reflects satisfied users, though server locations are limited to 8.
For a full comparison, see our best VPS hosting guide where forex-optimized providers are covered.
Conclusion
MyForexVPS earns its 4.4/5 Trustpilot rating through competitive pricing, fast setup, and reliable performance for traders using US and European brokers. The service does what it promises for its target audience.
The Bottom Line
With 93% of Trustpilot reviews at 5 stars, most users are satisfied. The service works well for budget-conscious traders running simple EA setups on MT4/MT5 with brokers in New York, London, or Amsterdam regions.
The deal-breakers are clear: no backup services, only three data center locations, and support gaps during weekends. If any of these matter to your operation, look at ForexVPS.net or FXVM instead.
For traders whose needs align with what MyForexVPS offers, it delivers genuine value without the pricing games that plague the hosting industry. Just understand the limitations before you sign up.
For more options, check our VPS hosting comparison where MyForexVPS competes against broader alternatives.
Frequently Asked Questions
Is MyForexVPS good for beginners?
Yes, for traders new to VPS hosting. The 15-minute setup is fast, the interface is straightforward, and the $12.99/mo entry price is affordable for testing. The main challenge for beginners is the lack of backup services, so you’ll need to learn to save your own configurations and EA settings externally.
Is MyForexVPS worth the price?
For the right use case, yes. The transparent monthly pricing without renewal surprises offers good value compared to competitors with hidden costs. However, the lack of backup services means you’re trading lower prices for higher personal responsibility. If you factor in the time to manage your own backups, the cost savings shrink.
What do customers complain about most?
Three issues dominate complaints: no backup or restore services (you rebuild from scratch if something fails), slow weekend support responses, and occasional VPS crashes during active trading. The crash reports are uncommon but serious, as they can lead to missed stop-losses and unexpected losses.
How does MyForexVPS compare to ForexVPS.net?
MyForexVPS is cheaper ($12.99 vs ~$28/mo starting) but offers fewer locations (3 vs 22), less storage (25GB vs 100GB base), and no backup services. ForexVPS.net is better for traders needing global coverage or included backups. MyForexVPS suits budget-focused traders with US/European brokers who can manage their own data protection.
Is MyForexVPS good for MT4 and MT5?
Yes. The service is specifically optimized for MetaTrader platforms. All plans include Windows Server with full Remote Desktop access, and the infrastructure is tuned for trading software performance. Users report smooth operation for typical terminal counts within each plan’s specifications.
Does MyForexVPS offer refunds?
Yes, within 5-7 days of activation (sources vary slightly). However, some users report billing complications when requesting refunds or cancellations. Community feedback suggests being explicit about cancellation requests and following up to confirm the account is closed properly to avoid unexpected charges.