Forex Brokers that Allow Scalping: Research and Results
Submitted by User on June 5, 2007 - 13:56.
The topic of Forex Brokers allowing scalping is always actual and sensitive.
I was looking for answers in various forums, tried searching with keywords in search engines, tried reading policies and FAQs on the websites of different Forex brokers...
It seemed like I had only guesses, but nothing solid to rely on.
And then I came up with a simple solution - sending customer support inquiries to the different Forex brokers...
My question to all of them was the same:
“Do you allow scalping? By scalping I mean holding a position for less than 1 minute.”
That’s it.
Today, I’d like to share with you what my research has revealed.
So, brokers allowing or not allowing scalping...
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does fxopen allow scalping? Please find this out for me.
From FXCM Micro:
"There is no time restriction regarding holding trades. You may open and close trades as frequently as you would like."
FXOpen doesn't have any restrictions on scalping either.
what about the odl securities response?
ODL doesn't allow scalping.
This source can contribute to the list of scalping brokers:
http://www.100forexbrokers.com/brokers-for-scalping
Hi,
Just for the record (as we are new), TheCollectiveFX.com not only allows scalpers and autotrader, we ourselves are scalpers and autotraders : - )
We are a group of traders who created our own brokerage so we would have a home, so we are the "home" for scalpers and autotraders.
Plus if you scalp you need the thinnest spread on the planet. It's the only way to bear out statistically sustained profits.
Does FXDD allow scalping?
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