One of the leading US-based forex brokers, OANDA, has announced its partnership with BeeksFX, a leading provider of data solutions for online trading. Thus, practically all fxTrade users, OANDA's exclusive award-winning platform, can take advantage of the virtual private server (VPS) services BeeksFX offers.
The VPS service is a special "help" for fans of reliable automatic trading strategies because it has a stable and smooth connection. It will not suffer losses due to power outages or internet connection failures. Moreover, this VPS service from BeeksFX has a very low latency level.
As for servers, BeeksFX and OANDA are both currently located in the data center known as Equinix NY4, the data center used by major banks and leading investment agencies. So, it can be concluded that the VPS service for fxTrade users is high quality.
This VPS service plan is launched in three types: bronze, silver, and gold, with a pegged subscription fee ranging from $ 40 to $ 130. If the client objects to this price, OANDA will provide a 30% discount for OANDA clients.
OANDA's decision to cooperate with BeeksFX was not arbitrary because, according to BeeksFX chief executive Gordon McArthurm, OANDA has almost the same vision and mission as BeeksFX, namely focusing on retail forex traders' services.