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.
The list of UNLIMITED Scalping Forex Brokers contains most detailed information about best Forex brokers for scalping.
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 >>>
by the way is FIGFX.com not FINFX.com. I cant find any information about this FIGFX people. Please some help!
Hello I would like to know if any of you have any experience trading with FIGFX. They offer a 1 pip fixed spread for most of the mayors. I have being demo trading with them for at least three weeks already and It seems to good to be true. I am thinking to open an account with them but I am scare.
Thank,
Daiana
Thank you for Research.
What do you know about Alpari?
BEWARE ALPARI UK
I have been in a similar experience whith Alpari Uk Classic account. Now days I am looking for a new broker ECN or STP. Be very carefull.
I have a Oanda account, unfortunately they get bad, either the spread is on 10-30 pips (news-time) and once the news-time is over there platform conveniently disappears. Scalping at regular times is a drag too since the platform disappears at will. Hmmmm, sometimes I wonder if it is really "at will" or if the server is programmed that way.
I can agree that FXCM allow scalping,
I have a live micro acount with them since two months,
so far I am very happy with them and the platform is good
at first I was a little suspicious about them because sometimes I noticed
my stops where taken out too soon even though the price never touched the stops.
atleast it looked that way on the chart, first I was thinking stop hunting!
but then I noticed by having the MT4 next to marketscope,
the scales of marketscope is a little bit off so if you set a stop
at ex 1.5234 you would ofcource believe that you did set a stop at 1.5234
but wrong, it could in fact be several pips off!
after that I allways put my stop in by looking at Metatrader,
the scales are correct in that one and since then it work ok.
I hope they will fix this in never version of marketscope,
now I know this is a software bug and not them manipulating stuff,
I don't recommed scalping because the spreads are a bit high,
if you are going to scalp with fxcm you are better of using atleast 5M or higher
and sure, you need to stay in a lot longer than 1 minute in most cases to overcome the spread.
EURUSD is about 3 pips spread atm, I still can recommend fxcm
they are not like the other bucketshops out there,
I never seen a requote and they are regulated in most countrys,
they dont mess with your trades and they pay out,
for me that is worth the extra pips.
I might add that if you have a lot of money,
you can open a active trader acount with very low spread
this is what I will do but I gotto win some more first,
Cheers
Asia Best Forex Broker, that allow Scalping
instaforex is a best broker of Asia that also allow full SCALPING..
www.fxtrain.co.cc
read forex articles and guide in Urdu (Pakistan) from www.fxtrain.info
Great site, very helpful. I personally use MB trading their MT platform is great for scalping because they I direct to the bank and only charge small commission per trade. I save a lot in spread cost http://learningforextrade.com/
MB Trading is your best bet...
www.mbtrading.com
I am not a full time scalper, but 80% of my trades consists of scalping (1.0 to 5.0 pips profit). The broker I am using for this is www.fxprimus.de
If you don't know that broker yet, just give it a try! It's a true ECN broker with variable spreads from 0.0 pips. Typical spread in EURUSD is 0.6 pips. I haven't had any problems so far with this broker. Withdrawing is very fast: 2 hours on my Payoneer credit card.
Its a nice list.. even though I think Oanda or dbFX is No1. TFI Markets allows scalping as well.
Very good!
In answer to Paul, I have no opinion on FXOpen, except I have not been able to get to their website the past few days. As far as regulation goes, in my humble opinion, someone that is dishonest will be dishonest whether regulated or not. Someone that is honest and accountable to GOD will be honest with or without regulation. In America, the "land of the free and home of the brave" there is getting to be WAY too much government regulation and interference.
I currently trade with SmartTradeFX which has GREAT customer service, GREAT execution times, and GREAT spreads:
* Spreads - Variable best bid Offer.
* Pricing format - 5th decimel pricing
* Commission - you have an option, either raw feeds + commission, or All In. .
* Trading platforms: SmartTradeFX MT4 or SmartTrader,
* Leverage: 200 :1
* Number of pairs for trading: 30
* Minimum contract size: 1,000
* Minimum deposit: 100$.
* Margin Call: at 100% of Margin requirements
* Scalping: Allowed no restrictions.
* Hedging: Allowed.
* News Trading: Allowed.
* Demo account: Allowed
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