Broker for scalping?
Used a lot of brokers and PFG was the perfect for scalping last year, also traded with MBTrading, but they filtered quotes too much and had high spreads in NZ session.
Now I have accounts with Thinkforex, Fxopen, Exness, Nordfx with rebates from Premium Trading. Could anyone give an advice which broker has the same spreads and is registered by FSA or NFA? |
Re: Broker for scalping?
I know that hotforex allows scalping with no strict conditions, the spreads are low and the platform has the fast execution.
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Re: Broker for scalping?
FBS also allows their traders to do scalping. There are no restrictions for scalping.
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Re: Broker for scalping?
one thing newbies should always check is if the broker allows scalping, and what is their definition of scalping, a lot of euro based brokers do not allow scalping and can get your accounts frozen for it, scalpers are considered the most aggressive type of traders, which can be a bit intimidating for small newly established brokers.. :)
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Re: Broker for scalping?
in case of exness i can pay rebates http://exness.euro.lc
the others i dont know contact me 0o0o0o@arcor.de |
Re: Broker for scalping?
I would recommend you to use FXPRIMUS.
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Re: Broker for scalping?
There are lots of brokers who allow scalping, like instaforex, forexmetal, fxopen etc with hedging facilities. They are true ECN and reliable brokers with no bad reputation at all.
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isnt insta like having issues, i mean read some stuff about them on forexpeacearmy, but never tried them though.
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I will recommend hotforex since I am using it from last year without big issues.
spreads are tight in most cases. |
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hotforex is good for scapler, I tried demo with this broker for 3 months then move to live trading and everything is good, especially is tight spreads at EU with 0.3-0.6 pips.
And I wondered with their fast payment process within few hours. |
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i aggree also confident with them I partner with them: www.hfpartner.has.it they pay 1 Full Lot which is quiet nice when you looking for rebates vmusci please contact me !!!! Skype CTZULU |
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DF markets offer true ECN and are FSA regulated but you can read more about FX brokers here. |
Re: Broker for scalping?
Try Armada Markets broker. They are currently the top forex broker for tick scalping EA's. Perfect trading conditions for scalpers because of the low spreads. Armada Markets is a partner of LMAX. Armada is registered as a foreign exchange and metals broker by the Ministry of Economic Affairs in Estonia, a member country of European Union and the Eurozone.
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Re: Broker for scalping?
1LOTSTP forex broker also offer scalping. I use this for scalping.
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I've many years work as scalper trader in many brokers. I most impressed while making money in Liteforex, especially in NDD account and SGD, these are the best place for scalper. I can enter market under 1 pips there...
Its low spread and very tight. Its execution also good.. |
Re: Broker for scalping?
I'm also trade using litebroker guys...
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Re: Broker for scalping?
speed of execution and low spreads are needed by traders to do scalping to achieve maximum profit. this is usually the main thing when traders decide to choose the right broker for scalping. based on my experience, Armada Markets gives traders especially for scalpers with very good platforms.
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Re: Broker for scalping?
you might want to check the hotforex zero spread account, it a scalper account i think, though i dont scalp much.
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Re: Broker for scalping?
Trading with scalping method requires expertise and skill that good. novice traders should not be used to using this technique, but can use other analytical techniques which have a smaller risk. besides, if wrong in choosing a broker with a large spread and slow execution speed would be very dangerous. so now I use tickmill. this broker provide me EUR/USD pair with average raw spread 0.1-0.5 pips and No-requotes.
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Re: Broker for scalping?
Scalping is one of the best ways to get the maximum profit. However, not all brokers allow it especially for the type of account outside the ECN. I now use in TenkoFx PAMM ECN account with a minimum deposit is only $ 100 which can be used to trade with scalping without limitation
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Re: Broker for scalping?
I would recommend you to experience trading on their demo account first before making any decision to open a live account. As you may know, every broker offers different type of platforms. Check on spreads, commissions, minimum deposit, term & conditions, etc.
I have been trading with TICKMILL for quite sometimes. I get a profit in the forex business using scalping techniques. I opened and closed the trading no more than 2 minutes. I need the speed of execution and low spreads to gain maximum profit. I am now comfortable trading with this system in my broker |
Re: Broker for scalping?
Brokers that provide comfort and safety in trading is an option trader. for this case, We must be selective in choosing a broker, make sure that the broker that we use to have clear regulations and have a good response to all customer complaints. And the most important is to have a good reputation. Now I use TenkoFx who provide the best trading condition especially for scalping in the PAMM ECN account with 100$ minimum deposit
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Re: Broker for scalping?
I get a profit in the forex business using scalping techniques. I opened and closed the trading no more than 2 minutes. I need the speed of execution and low spreads to gain maximum profit. I am now comfortable trading with this system in my broker
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Re: Broker for scalping?
Forex scalping need short time execution, sometimes the trade should be open and exectuted within minutes, that means you need powerful system support and very tight spread from broker. Lucky some brokers provide the suitable spread for scalper, my broker hotforex provide minimum 0-2 spreads.
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many brokers offer different threads and different account types for scalper, like for example at hotforex there is the zero spread, the fixed spread the currenex the swap free/islamic etc. but i will stick to my regular premuim account for im not much of a scalper
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Re: Broker for scalping?
Choosing place for scalping, you need place that serve ECN technology. why ECN?. using this Electronic Communication Network, all your order process only need few second. its fast and quick. you can open this such account in ECN trading account on Forex from LiteForex
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How many years have you been trading as scalper sir??
And how many earn have yo got from? |
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I'm looking for lowest spread for scalping, it seems there are many 0 spread account, but I'm not sure which one is best.
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Re: Broker for scalping?
I checked out TICKMILL with a small account to test my scalping system. I have to say that the execution is great, there are no stop level restiction on all orders and I have no problem with my aggressive scalping strategy. I am making money scalping at TICKMILL and am very happy.
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Re: Broker for scalping?
I think if you are a scalper, you must choose one broker with low spread and reliable system execution, slippage should be minimum possibility. I suggest you can get answer from FPA.
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Re: Broker for scalping?
Now I began to find my confidence in the broker Tickmill. Now I am trying to discipline in trading and trying to maximize trading conditions given. my method to trade is scalping. this method is very suitable for me to apply in this broker because this broker provide me the spreads as low as 0.0 pips; no re-quotes, delays nor interventions; scalping, EAs and news trading allowed; STP, DMA and NDD; Leverage up to 1:500; trade from 0.01 lot. This all provide me the comfort to trade with my style without worried
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Re: Broker for scalping?
Trading with scalping system requires a good system especially trading conditions provided by the broker. Trading with scalping with low spreads and speed of execution without requotes is one of the requirements that must be achieved and now I get it in TICKMILL
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Re: Broker for scalping?
I don’t like one way traffic broker since that means nothing at all, if we are serious about our career then go by one which supports all techniques. I am exactly following this mantra and doing with Xpro, it is ideal as far scalping is concern due to low spread starting 0.
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