Need a broker for scalping

[shirleencomer]

I’m going to try scalping, and will need a broker that offers good conditions for scalping, including tight spreads, low commission, and fast trade execution speed. So far, I’ve come across brokers that have tight spreads but high commission or vice versa. Is there any broker that fulfils all these three requirements?

 

[Jack Reacher]

Continuous losses make a trader discouraged. Learn more and more and practice in demo account to ignite your trading experience. This is how you can develop your trading skill and become an expert in trading.

 

[Belomancy]

There are plenty available, but if you are looking for a regulated broker, then you can try these:

• Fxview - Spreads (as low as 0.1 pips), commission ($2/lot rt)
• FXTM - Spreads (as low as 0.1 pips), commission (up to $2/lot rt)

Both also have fast trade execution speed, rarely experienced slippage with them.

 

[Genesiology]

Scalpers rely on leverage to enhance their profit per trade. It is better to choose a broker with high leverage. Even if you are not using it, you may use it as you gain experience.

 

[Symphonia]

I’d suggest ECN brokers that offer low commissions and thin spreads.

 

[Syngenesis]

Check if the broker has high execution speed. Timing is everything in scalping.

 

[Impetrate]

Scalping is a high frequency trading strategy. I’d suggest you to choose a broker with tight spreads. Tight spreads will reduce your trading cost per trade.

 

[Numiinous]

if you want both spreads and commission to be low go for offshore brokers - coinexx, lmfx & paxforex are some you can try

 

[FXOchartist]

Scalping trading is short term trading plan, sometimes I works scalping in EURUSD using FXOpen broker, this is ECN broker with low spread even could be zero on this pair, the company also add new liquidity provider that was added last month has been rolled out to more markets and some are seeing a 85% reduction in average spread eg EURGBP

 

[Torsade]

Many scalper rely on leverage to enhance their trading potential. You should also check the leverage, if it is compatible with your trading needs and risk appetite.

 

[Jentacular]

Go for an ECN broker that has fairly low overall trading charge.

 

[CrozeGrog]

Look in to their demo account to check the reliability of the platform and the trading conditions they offer.

 

[Ivo Zetticci]

The target or objective of Forex trading can be obtained through better forecasting the market. The better a trade can forecast the market, the better he can earn from Forex. Good analytical ability is needed for better market prediction. Eurotrader can guard your fund with high security so if you are thinking about investment, you can start with the broker.

 

[Dita Walczak]

Scalpers prefer trading by following small time frames, on the other hand, those who are long term traders prefer trading by following big time frames. For scalpers, Eurotrader is an ideal broker because the broker allows traders with a smooth trading platform and uses smart bridge technology.

 

[Mary Frederick]

Newbies can’t derive profit from the market moderately just because they don’t have sufficient knowledge. Market’s direction should be guessed to trade in the right trading range. Eurotrader offers 111% deposit bonus which is a great opportunity for newbies.

 

[General01]

Scalping is a unique style of trading that requires little to no manipulation from the brokers offering the brokage services.

This is because manipulation might lead to undeserved losses and a resultant decrease in equity.
Slippage, widespread and high cost of commission would affect the profitability of a scalper
Am a day trader, but I do scalp when there are no big uppourtunies in the market.
Hotforex, exness and octafx are good in my opinion

 

[FXOchartist]

Scalpers prefer trading by following small time frames, on the other hand, those who are long term traders prefer trading by following big time frames. For scalpers, Eurotrader is an ideal broker because the broker allows traders with a smooth trading platform and uses smart bridge technology.

It will difficult to work scalping use big timeframe let say daily, because scalping will capture small pips target profit roughly 10 pips or less than that. Traders usually use timeframe like M5 or M15, but some traders use M1 timeframe. Choose pairs low spread high volatility is best chances to catch profit.

 

[Polyglot]

How about aaafx or roboforex? Both offer tight spreads, especially for major fx pairs. Leverage is also good, up to 500x and they both charge a commission of $1.98/rt and $4/rt respectively. Overall, good conditions for scalping imo.

 

[Jack Reacher]

Sometimes forex outsmarts traders and we have to stay prepared all the time to face such situations. We have to broaden our knowledge to fight such situations. FXOpulence uses advanced technology to serve traders with the best service.