Not everyone knows it but your privacy is at security risk whilst trading on a brokerage platform. Especially on cryptocurrency exchanges, there’s a chance someone will link the way you send and receive coins, to your ip address. This can be very dangerous in countries where cryptocurrency trading is prohibited. If your IP address is revealed, so is your personal identity.
With a VPN you can connect to the internet trough a separate server run by a VPN service provider. This adds an extra layer of security to your trading and browsing environment. You can also access content that is otherwise censored or prohibited in your own country or sign up and trade with a broker that normally geographically blocks you.
The best VPN’s don’t keep logs of their users. In the case your ISP (internet service provider) wants to see what your browsing or trading history is, they can’t get the data. Logless VPNs don’t track or record any browsing information from customers and even use shared IP for many users, making it almost impossible to trace the IP address back to a single person.
NordVPN is arguably the best VPN service provider on the planet, based in Panama. NordVPN keeps no logs of it’s users and accepts payments in Bitcoin. NordVPN operates within the jurisdiction of Panama where there is no internet censorship.
A NordVPN subscription starts at just $3,29 monthly and you can read more about it here.
Free VPS services with XM broker
Some retail brokerage firms nowadays also offer their premium traders VPS services. On XM traders can trade stocks, commodities, forex pairs, index funds, ETFs, cryptocurrencies and options.
The XM VPS will allow you to remotely connect to a Virtual Private Server (VPS) located just 1.5km away from the XM data centre in London, with optical fiber connectivity. Taking advantage of this service will enable you to make the most of the unparalleled execution of XM without having to worry about other factors that can impede your ability to trade effectively, such as internet connection speeds, computer failure, or power cuts.
Via the XM VPS , your EAs will be able to work non – stop without you needing to monitor them or even have your computer switched on . The XM VPS service will give you access to a Windows 2012 Server with 1.5 GB RAM, 20 GB of Hard Drive Capacity and 600 MHz of dedicated CPU Power.
Clients who maintain a minimum amount of (Equity – Credit) 5,000 USD, or equivalent in other currencies, are eligible to request for free VPS in the Members Area at any given time on condition that they trade at least 5 round turn lots or 500 micro round turn lots per month. In qualifying for a Free VPS, we also take in to account any other trading accounts registered using the same email address.
Clients that do not meet the above criteria can still request an XM VPS from the Members Area for a USD 28 monthly fee which will be automatically deducted from their MT4/MT5 account on the first working day of each calendar month.