FREE FOREX STRATEGIES

Forex Brokers that Allow Scalping: Research and Results


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 for scalping...
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 >>>


 


I have read in many forex reviews that alpari uk is the best broker for scalping.

Hi Paul,

The regulation is the big issue there.
A company that looks to run a serious long-term business wouldn't think twice about getting a proper registration and regulation. After all we're talking about accepting and dealing with clients' money.

If we're speaking about $100 account, it's a test of your trading skills, any broker would be okay, since the risks are very low.

If we're talking about $10 000 account - it's a serious investment. As a serious investor you should choose whom to trust your money. It's similar to trusting it to a good-standing bank versus a bank that currently offers higher interest on deposits, but has shaky prospects for a long-term stability.

Best 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

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

I am new to FX can you suggest which would be the best ECN broker to trade with.

regards
Uday
India.

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.

#1 MG Financial Group is closed, please remove from your no 1 list.
Where I can check whether the broker is clean and healty?

Forex4you allows scalping i have tried it, you can also try:
http://www.forex4you.com/

Try this popular broker search may be and read some reviews afterward:
http://www.100forexbrokers.com/fx/broker_search.php

Thomas

Hi,

Newbie trying to learn about scapling.. Currently not sure which broker to use

james

FXCM will not allow Scalping
FXCM put me on manual trading due to my scalping trading method and i couldn't execute any trade without manual broker permission which sometimes took about 12-15 seconds and price was way above market price that I entered specially during releasing news time such as non farm payroll, which eventually i closed my account
trader reza

excellent work really useful work you have done
good luck

MB Trading allows scalping...

www.mbtrading.com

Hi. you guys may try this broker www.fxprimus.ws


 

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