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 >>>


 


FxPro claims to allow scalping.

pls, do you ask fxpro if they allow scalping

Try this indicator: Good_Macd.mq4

Instructions on how to add MT4 indicator are here: How to add MT4 indicators

In the indicator settings you can change the color of the histogram to match the color of your charts font and you won't see the histogram bars.

Regards,
Edward

HI ED i am using your fast moving average technique i.e 10 ema crossing over 25 ema crossing over 50 ema and i even use it on a 1minute time frame as well as 15 minutes. Now can you tell me how to insert MACD on my meta4 platform without the histogram i just want only the two lines macd/trigger line to assist me alongside your 10 25 50 ema strategy. Thanks FOREXYOMEX. NIGERIA

I think you can find the answer here: http://www.100forexbrokers.com/brokers-for-scalping
Rgrds
Timur

can u scalp on etoro,liteforex, metatrader?is it allowed?

Fxdd claims to have no restrictions on scalping. Everything else you need to test.
Cheers,

Thomas

I would also like to know about fxdd

Great Information here!

Any scalping information from FXDD?

Thank you for your feedback on this broker, Kris.

Regards,
Edward

Hi Edward,

Thank you for your reply. Ok, so if the case is as follows: I set a limit profit for 5 pips, and it hit my limit under a minute, will it still be considered as scalping?

During this past 2 weeks I trade with limits, some of them hit the limit under 1 minute, some of them more than a minute, and the broker got no problem with what I've been doing. I trade with CMS, by the way.

Best regards,
Kris.

I use Forexwatchers.com and I scalp with them holding my positions less than 1 minute. I also have won their forex individual scalping competitions several times.

- microfx

Hi Kris,

Thank you for your feedback.
From my understanding of scalping, it is not how many pips you make or what type of order you use, but rather how much time passes between opening and closing a trade.

Brokers that monitor or don't allow scalping activity at all would review clients' trading if those trade frequently with most of the trades lasting under a minute or so - that's the trigger.

I don't have any trading experience with CMS FX. Hopefully, we'll hear form other traders.

Best regards,
Edward

Hi Edward,

Ok, I'm kind of confused here regarding the definition of scalping. From all the comments I read here, it occurs to me that scalping is gaining a few pips profit manually (i.e. you gotta make a very fast click). During this month, I've been trading for only 5 pips each transaction (thanks for your "Scalping system #6) with hedging-if necessary-since I don't set any stop-loss just to aim for 5 pips, but I never close the transaction manually. Instead, I always set my limit profit to 5 pips. So far, 39 profit transactions on live account during this month and has no problem with it (i.e. the broker). Is my way of trading considered scalping (using limit profit setting), or what you mean by scalping is aiming small pips by closing the transaction manually?

Is there anybody trading live with CMS FX that can share his/her experience with me in this forum, especially about scalping and whether or not they're reliable when we want to withdraw our money?

Thanks so much in advance, Edward.
Best regards,
Kris.

one more broker who allows scalping is instaforex, you can access it via my affiliate link www.instaforexbroker.com
Thanks. Good luck all :)


 

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