Which VM for MultiCharts / TradeStation / Interactive Brokers

Question

Greetings,

I'm in a situation where I am absolutely losing the overview due to the many different options available in Azure. I plan to move my live trading account (algorithmic trading) from my separate mini computer to a virtual machine. I think ideally I would need 4 vCPU and 16 RAM to run 20 strategies. I've read in various forums that AWS and Azure are the best providers and I'd like to ask if anyone here uses the same platforms as me (MultiCharts / TradeStation / Interactive Brokers) and could recommend an detailed optimal Azure VM plan.

This would be super helpful and easy on the nerves. Thanks for all the helpful answers!

Answer 1

Hello David9

Welcome to Microsoft Q&A Platform, thanks for posting your query here.

Based on your requirements, I would recommend using a Standard_D series virtual machine in Azure. These should be sufficient to run 20 strategies in MultiCharts, TradeStation, and Interactive Brokers.

https://learn.microsoft.com/en-us/azure/virtual-machines/dv3-dsv3-series

Additionally, you may want to consider using Azure Premium SSD storage for better performance. You can also use Azure Managed Disks for simplified disk management.

It's important to note that the optimal VM plan may vary depending on the specific requirements of your trading strategies and the workload of your live trading account. I would recommend testing your workload on different VM sizes to determine the best fit for your needs.

I hope this helps!