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...
Read entire post >>>
Hi,
Newbie trying to learn about scapling.. Currently not sure which broker to use
james
Try this popular broker search may be and read some reviews afterward:
http://www.100forexbrokers.com/fx/broker_search.php
Thomas
Forex4you allows scalping i have tried it, you can also try:
http://www.forex4you.com/
#1 MG Financial Group is closed, please remove from your no 1 list.
Where I can check whether the broker is clean and healty?
Thank you, that's right. In fact, the listing can be considered old.
MG Forex is out of business, CMS sold their business to Forex.com, ODL is now operated by FXCM, IFX Markets is now FXSolutions and so forth. So I think we should leave the "survivors" and unlist the rest.
I'll take care of it shortly.
Regards,
Edward
P.S. the best way to check if the broker is clean is to read reviews, and healthy - is to study broker's website, check their regulatory status and, lastly, have a few words with the customer support.
Hi Edward
I am new to FX can you suggest which would be the best ECN broker to trade with.
regards
Uday
India.
Hi Uday,
I stay away from giving any recommendations, partially because I'm doing well with a dealing desk broker - OANDA. I mention them because I use them, not because everyone should use them.
Check the ECN list and dicussion on this site, this should help you make a choice:
http://www.100forexbrokers.com/stp-ecn-brokers
Regards,
Edward
Hi Edward,
thank you for this webside. I´ve studied all comments hier and it is very informative. Nevertheless, I could not choose a broker. There are just a lot of them. I have almost choosen Alpari, but Alpari offer an ECN Account and Scalping starting with 20.000. My next choice is FXOpen, the negative aspect: it is not regulated. What is your opinion about FXOpen? Do you know some negative experiences?
Thank you in Advance and sorry for my english
Paul
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