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Yes, but it depends on your needs ... For example, how much you want to spend, how many MT instances you want to run (as long as you don't use a mt multiaccount) how many robots .. etc.
currently and since 1 month I am using 6 t2 micro instances with amazon aws. each aws instance is running 1 MT4 instance with an average of 6 pairs. I have also a t2.nano but it’s really a very basic instance running only with 1 pair.
I have them all for free for 1 year but I am already looking to see if I stay with amazon aws or I move another VPS provider.
The cost of t2.micro will be 10 USD/month after the free period of 12 months.
For extra forex experience, what I can tell you is that AWS could be fine, m if you run out of resources are pains ...
Also for forex with the same conditions there are better solutions.
An example is what I use (6.99$ a month, if you pay month by month otherwise you have further discounts with quarterly or six-monthly plans etc.) and I would suggest it after months of testing, I never had any problems.
Price quality among the best on the market.
I have several VPS with them and to give you an example with the "# 1 Windows VPS" I can run 2 MT4 instances (maybe I could even 3) and 2 EA for each one.
I bought it as a test and I haven't changed ...