Are VPNs Worth it for FOREX Investors?

When it comes to making investments, you can spend hours researching and looking at the latest trends to reduce the risk of losing money on a bad deal. Many people still aren’t protecting themselves from an even more significant risk – cybercrime. Luckily, there is a product that can protect your anonymity, and more importantly, your financial details. Here’s why you shouldn’t make another transaction without a VPN.

What is a VPN?

VPN stands for Virtual Private Network. It’s often referred to as a ‘tunnel’ as it creates a path between your device and the world wide web that can’t be penetrated by cybercriminals. When using a VPN, every piece of data you submit will be encrypted and therefore protected from getting into the wrong hands.

It’s no coincidence that if you search for a product in one shop, then you’ll see adverts appear for similar products on your browsers and social media apps for weeks afterwards. Every time you access a webpage online, you leave a little trail of information behind. These bits of data, no matter how frivolous they may seem, could easily be enough for any hacker to steal your online identity.

VPNs can also make it much easier to work together with colleagues and help protect any information you share with them daily. VPNs can allow your computer or laptop, or even our mobile phone or tablet device, to connect to your own business’ network. This means you can work from home, at a café, or even on the move, and your data will be just as safe as if you were sat in the office.

How much will it cost me?

Compared to the amount of money that can be made from FOREX investment, the cost of setting up your own Virtual Private Network is tiny. SonicWall are VPN suppliers UK for those who already have a SonicWall firewall, and can provide you with everything you need to work online. That’s less than the cost of a couple of ink cartridges. If you work within a team, you can benefit from significant discounts if you buy 5 or more licenses together.

Often many people think they don’t need virtual products as they physically can’t see them working. If you imagine your account details as large amounts of cash and the internet as your home, then the VPN works as the safe or lockbox. If you had thousands of pounds lying aroundthe house, you’d definitely think it’s worth the money to protect it.

Can they be trusted?

Although the technology might not be as common knowledge as things like firewalls and antivirus software, VPNs have been protecting big businesses around the world for years. In fact, the VPN market has actually attracted investors in more ways than one. According to a recent report by Global Market Insights, the Virtual Private Network market will be worth $54 billion by 2024. That level of success can only come from a type of software that can be completely trusted by people across the world.