The Forex market constantly faces uncertainty. Regulatory and compliance changes, market volatility, economic uncertainty, and rising geopolitical tensions threaten the market and your investments. While you can’t control all aspects of the market, you can increase your security while trading. In this article, you’ll learn what to pay attention to when choosing a VPS hosting provider and what security features and tools they should offer to protect your trading activity.
How does your VPS hosting provider influence your trading security?
Your hosting provider is your trading platform’s first line of defense. They manage the physical and virtual infrastructure where your trading platforms and software operate. Their security measures protect not just your trading platforms but the entire server environment from physical disruptions like break-ins, floods, and outages, as well as virtual threats like DDoS attacks.
The hosting provider you pick is responsible for maintaining secure data centers with physical security, keeping server software and operating systems up to date, and monitoring network traffic for suspicious activities.
Resource protection is another important part of the overall security measures. The VPS Forex hosting provider should isolate your platform from other customers and prevent resource abuse that could lead to security vulnerabilities.
Think of it this way: You can install the best security plugins and follow all best practices, but if your hosting provider’s servers are vulnerable, your trading activity is still at risk.
What security features should a hosting provider offer?
Data encryption
When accessing your trading platform remotely, encryption protocols like RDP, SSH, or VPN protect your sensitive information such as login details and financial data. These protocols ensure that your trading credentials and transaction details are encrypted and secure during transit.
Automated backups
Your forex VPS hosting provider should perform regular data backups. Backups are important for disaster recovery and trading continuity. They protect your Expert Advisors (EAs) and custom indicators. Having your data backed up allows for a quick recovery if something happens to the system. Your backed-up information should be stored in separate physical locations.
Malware scanning
Regular scans help detect compromised files and malicious code to protect your data and trading activity. Real-time scanning can stop infections before they spread. It’s also crucial legally, as compromised trading bots could make unauthorized trades.
Firewall protection
As a VPS owner, you can set up stronger firewall settings, but your hosting provider should also offer firewall protection. Firewall settings protect against unauthorized access. They should be configured to allow only the necessary trading platform ports. Strong firewall protection is important for maintaining stable connections to brokers, as it helps prevent DDoS attacks.
Update management
Updating servers regularly helps you avoid security gaps and activity interruptions. Regular server and software updates balance security with trading platform stability. They’re necessary for MetaTrader and other trading software to keep your trading system functioning without disruptions.
Two-factor authentication (2FA)
2FA protects access to your trading environment. Most financial institutions are obligated to use 2FA since real money is at stake. It should be used for both VPS access and trading platform logins.
Regular security audits
This should include monitoring for unusual trading patterns, which is important for checking broker connection security. Security checks help verify that automated trading systems haven’t been tampered with.