What is scalping?
Scalping - (also known as "snipping", "churning") - is a fast-paced trading style where a trader seeks very small profits (usually 2-5 pips) by repeatedly opening & closing trades, which usually last less than a minute.
Broker scalping policies - what to expect?
All Forex brokers allow occasional scalping. If your broker doesn't tolerate even a single quick trade, there must be something wrong with company's way of conducting business. There is no reason to deny a scalping order, even a few of them in a row, since it's normal for a trader to quickly adjust/change positions if he/she no longer believes that a trade is going to do well.
Most of Forex brokers these days will allow regular scalping, non-aggressive style, which means a trader will have long-term trades along with short lived trades once in a while. It shouldn't, however, be assumed that every broker allows regular scalping. Therefore it's traders' responsibility to check broker scalping policies, client agreement and if necessary, chat/call/email to a broker with questions about clarifying scalping policies.
Some Forex brokers will fully allow and welcome scalpers. Such brokers are found among DMA brokers and ECN brokers.
You'll also find them with our Forex Brokers Comparison tool, where look for the category "Scalping" and "Yes, scalpers welcome" option.
Forex brokers that allow scalping with no known restrictions
Would you like to know which brokers Welcome Scalpers?
To find out go to Forex brokers comparison and select an option: "Yes, scalpers welcome".
Forex brokers that control scalping and apply restrictions based on scalping activity
ActivTrades - micro-lot trading service may not be compatible with all scalping techniques, and may therefore be temporarily or permanently removed from the concerned accounts after proper notification. Scalpers are welcome to trade on Interbank accounts.
AFX Capital - scalping is allowed on EA scalping accounts.
AGEA - the maximum number of short-term positions (shorter than 5 minutes) a trader can have in a 4-hour period is 10. If a trader closes more than 50 short-term positions or more than 200 total positions in 7 consecutive days, the trader's account will be temporarily prevented from sending new orders into the market.
AL Trade - we consider scalpers somebody who systematically pip hunts below 2-5 pips on average. Since it is difficult to cover such positions in the market, we would need to increase the spreads or apply trading limits for clients with permanent scalping strategies. Accordingly spread and order levels will be increased on your trading account according to Article 3.5 of AL Trade Customer Agreement Annex B.
C.I.M. Banque - we have no problem with scalpers as we do have a huge liquidity. However, above a "5 million transaction", we would prefer to talk to you before to understand exactly how you work.
CMC Markets - don't totally restricts, but actively discourages scalping.
Easy-Forex - Time limit for closing positions is 30 seconds.
eToro - minimum time to stay in a trade is 5 minutes.
FIBO Group - allows the use of scalping, unless your strategy does not breach trading rules of the company.
Finotec Trading Inc - scalping is possible, but not entirely tolerated.
Forex Club Financial Company - scalpers requesting many of quotes without executions will be put you on the bottom of the list and receive lesser priority.
FX Choice - allowed, special conditions apply.
GKFX - scalping is allowed, but monitored.
HY Markets - scalping is allowed but it is monitored.
IBFX - will notify a trader if scalping went too far.
ICM Capital - scalping allowed, but monitored.
InstaForex - P. 3.14.6. Orders that have not more than 2 minutes left before being closed (or the time left before a lock order is executed) can be canceled by the Company.
InvestTechFX - Scalping account available for day trader with high level of activities and above monthly customers average trading. Minimum Fee of $10 per Lot applies.
FXOpen - you can scalp but most of your positions should open for at least 1 minute.
IKOFX - Scalping techniques less than two minutes are prohibited, all trades are required to be held at least two minutes or longer. Penalty may cause profits and rebates to be forfeited.
LiteForex - Brief trades (less then 2 minutes), including lock trades may be declared invalid should it be obvious they are unlawful. It means that most part (>50%) deal's duration of your orders should be more then 2 minutes.
One Financial Markets - scalping is allowed, but it's monitored.
PFG FX - Pro Finance Group - You may get the requotes when scalping.
Profiforex - scalping is allowed, but it's monitored.
Real Trade - Market orders closed in a 60 second period (or before the 5th tick) from the moment of opening an order are subject to cancellation. Orders longer that 1 minute are fine.
RPD FX - scalping is allowed, but is monitored.
UPME Group - scalping is allowed, but it is monitored.
VTLFOREX - scalping is allowed, but it is monitored.
Windsor Brokers - at Windsor we tend to give our client to use the trading strategies that suits their need and if the client trading strategies is considered inappropriate our unprofessional the client is officially advised before taking any action concerning his account.
XForex - There must be at-least 1 pro-mile difference between stop loss and profit target to the current market rate. 2 minutes must pass before trader can close deal.
Forex brokers that don't allow scalping
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