some brokers offers a free VPS but you need to pass the requirements like 500 USD deposit and traded a minimum lot size of 5 standard lot. but if you cant hit the requirements you neeed to pay a monthly payment range from 30 usd to 50 usd.
VPS hosting provider allocates space on a physical server where the virtual private server (VPS) runs its own copy of an operating system (OS), and customers may have super user-level access to that operating system instance. So they can install almost any software that runs on that OS. For many purposes it is functionally equivalent to a dedicated physical server and, being software-defined, can much more easily be created and configured. A virtual server costs much less than an equivalent physical server. However, as virtual servers share the underlying physical hardware with other VPSes, performance may be lower, depending on the workload of any other executing virtual machines.
Forex VPS allows Forex traders to run robots non-stop 24 hours a day, 7 days a week. Here are reasons you might consider switch your EA on a Forex VPS instead to trade on your own computer directly:
Reduce your Slippage.
Trade even if your power or internet connectivity goes out. Be independent of power supply and Internet provider.
Access to your robot anywhere from any kind of device.
Stable EA functioning.
24/7 Technical support 24/7.
Ability to store files on your own online hard disk.
Due to all advantages of VPS over trading on the local computers, you will achieve better results in trading, respectively will earn more money.
Virtual Private Server (VPS) hosting companies provide virtual server environments for web hosting. Forex VPS hosting is a must-have service for forex traders because it provides a safer (and considerably faster) trading environment.
Here are five reasons why you should consider trading on a VPS rather than on your PC.
You can trade anywhere.
You can trade at any hour of the day.
You can trade even if your electricity goes out.
Strong security.
Minimize your slippage.
Here are some considerations to make and questions to ask a prospective Forex VPS provider:
The number of data centers present around the world
Preferred forex broker's trading latency
Operating systems – Is the forex VPS service available on both Windows and macOS?
In terms of players, someone like digitalocean.com are very reasonably priced as are vultr.com. You have take into account you'll need a Windows VPS if you are running MT4.