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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 broker scalping policies - what to expect?



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Broker discussion area

trader

June 12, 2010

How about OneCorpFx, anyone have experience with this broker? no restrictions, spread good for scalping, and their demo platform they claim as real as live platform. need to know about withdrawal, safe or not, many tks Guru


trader

May 23, 2010

At first i send 500 to (fxgm) FX Global Market company i make dozens of sales and I lose the money once and twice and therd time mining I lose three time at the end i send to them money and make a very very good profit the send me note and they said i am sclaper and closed my account and take from me amount of $ 4500 mining if you lose money 1000000$ you are not scalper if you mke profit 10000 that mine you are sclaper


trader

May 11, 2010

Their live support at first says that they allow scalping, but if you continue on the topic, they back up saying that scalping is not allowed.


trader

May 7, 2010

hi Why AVAfx is non scalping broker? They told me that scalping is allowed when i was chatting with their live support.


Berus

May 7, 2010

Berus

Fxpro allow scalping but after some time the time to execute/close the order may be 5-10 seconds , after 4-5 or more requote .
So welcome scalper ..but if you are a slow scalper :D


trader

April 23, 2010

Avafx said me that they allowd scalping.


trader

April 11, 2010

which will be the best forex broker for me??? i am new here, looking for a broker which can offer:-
1) leverage 1:500
2) low spreads
3) allow hedging
4) low charges on deposit n withdraw
5) minimum trade lot size of 0.01
6) no dealing desk against traders
can someone help me.....thanks


BrokerGuru

March 29, 2010

Thank you. It's been listed.


trader

March 28, 2010

www.fxinnova.com allows scalping... They are 100% stp broker with no dealing desk


trader

March 27, 2010

I recommend
https://www.exness.com/ good for scalping.


BrokerGuru

March 23, 2010

Wall Street Brokers don't allow scalping.


trader

March 23, 2010

What about www.wsbrokers.com ?
Thanks


One Financial

March 16, 2010

One Financial does not allow scalping too


BrokerGuru

March 7, 2010

I don't have such data and I'd also be interested to know about this.


trader

March 4, 2010

does anyone know the fastest broker data feed?!


BrokerGuru

March 1, 2010

Scalping in Forex is about holding trading positions for a short period of time: usually under 1 minute or so, although the time isn't defined up to a second, but is rather a subject to each broker's trading policy.
Forex brokers who keep dealing desks (including FXOpen) aren't happy with scalpers, who by opening and closing positions quickly don't allow brokers to properly hedge their risks.
FxOpen offers ECN accounts, where scalping should be allow by the definition of ECN trading. For other accounts at FXOpen traders will have restrictions about the minimum position time.


TIA

February 28, 2010

Hi guys, I trade futures and have no experience with cash FX. What is considered to be scalping in FX?

In futures people call scalping anything from HF algo trading in milliseconds to manual traders holding up to 20 min...

Could you also double-confirm about FXOpen - if they are ECN why should they be bothered with timing?

Unless I am missing something here.

TIA


nrmp

February 27, 2010

what is scalping? by nrmp


BrokerGuru

January 31, 2010

No, I don't, I'm sorry.
However, while collecting data about ActiveTrades, I've been told that scalpers are welcome there.


trader

January 29, 2010

Hi BG

Do you any scalping experience with activtrades's interbank account?

Thank You!


trader

January 21, 2010

re FigFx

While they say they allow scalping on their web page. Their execution time is very very slow.
So it is not really good to try and trade in a fast market with them.


BrokerGuru

January 17, 2010

Admiral Markets have no known restrictions on scalping.


trader

January 17, 2010

Hello, I'd like to know about Admiral Markets. Have they any restriction on scalping?


JOHN RICE

January 10, 2010

I BEEN WITH PRIME4X FOR OVER YEAR AND I NEVER HAD ANY PROBLEMS WITH MY WITHDRAWS . I HAVE GOT MOMEY WITHDRAW IN 20 MIN BEFORE . JOHN RICE


BrokerGuru

January 9, 2010

Please use our Forex Broker CyberSearch, where select option: "Scalpers welcome!"


trader

January 7, 2010

hello sir,
what broker allow scalping for less than 1 minute or 1 second....??
....thx for information....


BrokerGuru

December 10, 2009

Exactly Rahman,

We have to wait at least 30 seconds before we can scalp a profit/close a trade, any trade to be precise.

-----

Regarding iCM, it is a market maker from BVI. I don't have any experience with them and they weren't very helpful about answering my questions.
http://www.100forexbrokers.com/reviews-ratings/icm-itrade-capital-markets


trader

December 3, 2009

Please give information on ICM- iTrade Capital Markets.
Is it a safe broker?


Rahman S.

December 3, 2009

Dear BG,

Easy-Forex: Time limit for closing positions is 30 seconds.

What exactly does this mean? Does it mean we have to wait at least 30 seconds before we can scalp a profit?

Thanks

Rahman S.


trader

December 1, 2009

Prime4x

withdrawal liberty reserve $1000 up to $5000 under processing 2 - 7 days


BrokerGuru

November 30, 2009

Thank you!


trader

November 30, 2009

ForInvest Group www.forinvests.net
At ForInvest, they allow scalping with no restrictions


BrokerGuru

November 29, 2009

I can, but I don't think I should.
I think every trade after reading reviews online can clearly name all scam brokers, they are already labeled with a Scam label, so no need to go an extra mile to find them.
What I don't want to do is to add my own label to it. I believe I don't have rights to do so unless I trade with a scam broker and get scammed... which will never happen, because I'm not willing to give my money to such brokers, sorry.


trader

November 27, 2009

BrokerGuru, can you list scam broker?


BrokerGuru

November 25, 2009

Thank you, listed them.


trader

November 24, 2009

Go markets allow scalping and have no problems with the price feed


trader

November 24, 2009

FIGFX Indonesia is IB to FIGfx. I have try the demo account. Yup it is truth as stated in the FIGFX indonesia web site scalping policy. So, FIGFX impose restriction on scalping activity if you are scalper.


BrokerGuru

November 22, 2009

FIGFX Indonesia - is it the same broker as FIGfx? Or are they working together?
If so, then I'm not sure which Scalping policy is true. Do english speaking clients and indonesian clients get separate trading environments..? I'm as clueless as you right now and I think we should ask for clarification from a broker.
I'd be grateful if you can do so since you can understand both languages.


trader

November 21, 2009

BrokerGuru. well about FigFX. There is another link but in indonesia language check it out the link below . I have email to them and this is reply i got from them.
" Sir, please check: http://www.figfx-indonesia.com/instrumen-trading.php
10 is the default, 5 was an offer for a limited time only. "

According to the web site Line " No.10 - Allowed Scalping - * Hold Posisi (posisi yang terbuka sebelum di likuid/open posisi lagi) minimum 1 menit dan close +/- lebih besar sama dengan 4 pip" mean hold position minimum 1 minutes / close position above 4 pips. & no. 14 - Pending Order 10 pip, Stop Loss and Take Profit minimum 10 pip. so which is true????


BrokerGuru

November 20, 2009

Well, here is their latest policy on scalping, quote: "FIGfx accepts scalpers and scalping as a trading strategy.You can use scalping as a trading strategy with no restrictions of any kind, you are most welcome to scalp with FIGfx."


trader

November 20, 2009

BrokerGuru, "FIGfx" : they widen the spread if you are a scalper. Pending Order 10 pips, Stop Loss, Take Profit minimum 10 pip, holding position minimum 1 minute. How to do scalping?


BrokerGuru

October 19, 2009

I see, that's very disappointing.
Thank you for letting us know, AvaFx has been moved to non-scalping brokers list.


trader

October 19, 2009

AvaFX does not allow scalping. They just say they do - they told me personally over the phone.
I deposited 500$ and when wanted to withdraw my 4500$ profit they said my account is illegal and they will give me back only my deposit money.
They said that all of my trades were opened at a time that I shouldn't have trade in.


BrokerGuru

October 14, 2009

Thank you,
it's been listed.


trader

October 13, 2009

BrokerGuru, GoForex.co.il is in Hebrew. This is a link to the chat where you can chat in English and ask whatever you want:

http://messenger.providesupport.com/messenger/goforex.html


saeedreza

October 10, 2009

prime4x not withdraw money i from iran prime4x about 2700 $ not pay back me my account prime 37329 my name saeedreza dolatkhah my password htt7047


BrokerGuru

October 7, 2009

thank you for adding brokers.

Regarding GoForex.co.il, what language is it?


trader

October 6, 2009

GoForex.co.il allow scalping


trader

October 6, 2009

ad figfx.com define scalping like this:
under their conditions they calculate a three-day average of pips; if your scalping method was not successful in the beginning of your trading and the result was equal or less than 5pips you will be asked to change your account style - bad for your spread, because it adds up!



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