I've got a question to find out if I need to use VPS server.
My current ping to Chicago is around 18 ms.
My strategy involves placing Buy Stop and Sell Stop orders only.I only use market orders 5 percent of the time. As far as I know all stop orders are held on exchange servers before being filled(am I correct in that?).Will it help me to get a better fill if I use VPS?
The benefit of using a vps comes with automation where you want your orders to be placed very quickly and/or losing your connection would be catastrophic. If you are placing orders manually and you have a reliable connection, then I am pretty sure a few milliseconds is a non-issue. If automated and you are using a broker to trade through an exchange, then it may help you to be on a server in the same city as the exchange. As far a s speed goes, if you are using a forex dealer, then you would have to know where there dealer's servers are physically located, but I am betting its not going to help you anyway since you are not trading on a exchange where your orders are matched against other traders but you are trading directly against your dealer. That's just my somewhat educated opinion, I have no factual basis for such a conclusion though.