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Brokers for scalping | Forex brokers that allow scalping




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.

Forex brokers that allow scalping with no known restrictions

1lotstp

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Broker discussion area

trader

December 2, 2011

i spoke to deltastock they said they dont allow scalping and told me to read artical 11.4


BrokerGuru

December 3, 2011

Thank you, going to read that too and update accordingly.

Deltastock General Terms 11.4 quote:
"Any trading method, such as scalping, arbitrage, or other techniques, where CLIENT seeks to benefit from errors and/or delays in quotes and/or other inefficiencies of the Electronic Trading Platform, including where automated expert system is used, Script, API or any other software developed by third party are unacceptable and unethical."

This clearly states no scalping and restrictions to some EAs. Thank you!

Indian Carmine

December 10, 2011

Gallant capital market (GCMFX) doesn't allow scalping..
here's the new rule/terms on their website :- https://www.gcmfx.com/forms/new_agreement.html

it says this ~~~ " k) Customer will not engage in FX transactions for purposes of arbitrage, scalping or exploitation of temporary inaccuracies in any exchange rates or technical discrepancies. " ~~~

Regards , Indian Carmine

Indian Carmine

December 10, 2011

Also InstaForex has a condition that a trade must last more than 2 minutes in their terms/condition, and at the time of news hours trade will be placed after 5 min from placing the order, so it must be either placed under restricted/monitored scalping . Ideally, with 3 pips spread and such conditions, its not really good for scalpers, there are much better STP brokers out there with lesser spreads and with no such restrictions.

Regards, Indian Carmine.

BrokerGuru

December 12, 2011

Thank you Indian Carmine!
I'll review and update accordingly.

trader

December 20, 2011

XTB - X Trade Brokers - requotes, bad price - they hate scalpers.

trader

December 22, 2011

Dear Admin,
I don't see any comments about FOREX-MMCIS GROUP on this site. Please add it to your site.

Official site http://forex-mmcis.ru

BrokerGuru

December 22, 2011

Update: the reviews page for FOREX MMCIS has been created:
http://www.100forexbrokers.com/reviews-ratings/mmcis

trader

January 1, 2012

Listen I realize you can't play favorites for brokers but with so many that take your money or steal your money or kill the servers. I lost 1000 dollars to refco and joined off somebody saying refco is good, they did requotes, targeted stops then went out of business. I think if everyone did research then more would have to get honest or at least a level playing field. Please help me I want two different brokers, one a ecn with stp and the other with true direct access.

1. want to be able to scalp no conditions
2. absolutely no requotes
3. high leverage unless none exist
4. reviews online
5. success stories if possible
6. 2 ecn and 2 direct access, 50 in each for 200.00 risk total
7 in case 3 of them rip me off
8 as a bonus any I can use an ea on and I need micro accounts
9. do you trust any option binary brokers
thank you, love site, 4 5 days down from 300 brokers to 30 seem ok but nowhere near done, also if they say no US traders can you say you live in mexico and still trade even though you live in America?

trader

January 1, 2012

I also think if people know of good brokers and success stories, tell them to us and help out. I actually know a young guy with a lexus and 3 big screens who trades through MB trading and makes big money, big enough he started trading for a doctor with his millions earning profit and getting a percentage as well as all the scripts he needed lol

Here are my conditions and I beg you guru to help me because I'm getting so frustrated I feel like if I can't get a fair playing field and going to lose my money, might as well have more fun with binary options, traderushetc. I want a forex account micro, only have 100.00, 200.00 at the most to burn.

True ECN, absolutely no dealing desks or any conflict of interest
A broker that wants me to succeed and proves it with fairness
Can scalp as much as I want and as fast as possible
Absolutely no requotes, no pausing or freezing at all
stp if thats the best but not without ecn
No holding my orders or keeping me on their books,rather have a little slippage
Absolutely never put on dealer execution
Instant fill always, can trade during news times
Also a broker I can hold overnight if I'm up say 200 pips and think dollar going much lower or higher and thus trading that strategy.
DMA examples that are closely aligned with my terms.
Your view on smarttradefx, fxcm, 1pipfix,2wayfx.com, fxdd,gft,pfd-nz.com,

BrokerGuru

January 3, 2012

Please review my discussion with a trader on this page: http://www.100forexbrokers.com/stp-ecn-brokers/cpage-16
We've talked about the industry veterans ECN brokers.

trader

January 10, 2012

any brokerage can execute the order very fast???
many brokerage will allow scalping,but they always add "slipping point"
i am looking forward a brokerage without slipping point



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