For those not "in the know". Forex Robots are computer programs designed to trade the Foreign Exchange markets without the aid of human intervention. they're also referred to as Forex Expert Advisors (FX EA's for short, if you're looking for the technical term) or Automated Forex Trading Software by the uninitiated.
Although trading the currency markets with Forex Robots is as easy as it gets in terms of making a passive income (if your robot beats the market that's) the problem that most Forex Robot users ever come across is the small issue of having to have theirs PC on and connected to the internet with Metatrader 4 (or some other Forex Trading Platform) running 24 hours a day 5 days a week. This is so their robot can pick up the trades when the internal algorithm finds one.
The tipping point for most Forex Robot users is when they realise that they're in this for the long haul and this is something they'll be doing for years to come. When the inconvenience on other family members and reliance on their Internet Service Provider (ISP) becomes too much of a burden, they typically start looking for an alternative solution.
The solution to this problem is to host your MetaTrader 4 (MT4) application including Forex Robot on a remote PC called a Virtual Private Server (VPS). There are many VPS providers located throughout the world and most offer online sign up forms allowing you to set everything up with a few mouse clicks.
A VPS is essentially another…