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

May 6, 2009

Better we all grow up buddys . . . . . .

A scalper can never be an investor even wid 100k in a/c.
Trading world is all about thinking big with a good grey matter
and a heart of steel...........If u love forex then then marry it
as u would and It'll love you for life,dont f*** it like a S**t.
may you be the greatest trader of all time.
amen!


trader

May 6, 2009

Dear Trader,

scalping is allowed

Thank you for submitting your request regarding MBCFX accounts. As you may know, that MBCFX has No Dealing Desk; all your transactions/trades are cleared directly on the market without any MBCFX intervention.


BrokerGuru

May 7, 2009

That's true. MBCFX has changed a clearing house and is now able to accept any style of trading including scalping.
Thank you for the update!


trader

May 8, 2009

Forex.com - Gain Capital Group,
Reqoutes on every trade(3~4PIP) after reaching 10% profit on your account,
so No scalping..


trader

May 29, 2009

Tadawul FX:
"We strongly believe that successful trading needs a systematic risk / reward approach and that trade entry and exit points should be studied carefully. This approach does not fit with the short term view of scalping markets for a tiny profit with a quick succession of trades. For this reason, TADAWUL FX services include an analysis of your trading style, helping you to trade smarter in order to develop a sensible long term investment strategy."


BrokerGuru

May 29, 2009

Hmm... indeed.
But then they say, scalping is allowed in trading conditions.
What exactly do they mean? Do they analyse clients trading on request? or it is a protective measure against scalping? I'm going to ask them.

Update: got a reply from Tadawul rep:
"Our Market Analysis refers only on the long term trading strategy as we recommend to our customers to follow.
On the other hand, we cannot provide an analysis on Scalping trading.
As you can understand we do not restrict scalping trading since we cannot provide predictions on it."

Judge for yourself...


trader

May 30, 2009

Some know what's this broker this statement? http://ikewang.mt4stats.com/


BrokerGuru

May 31, 2009

That website doesn't allow to see a broker name, it is protected, same as a user account number.


trader

June 15, 2009

you can remove "forex metal" from this list. with so many requotes its very bad for scalping.


trader

June 26, 2009

Does sigma forex exist. If what is their address. Their Head office. Have any body traded with them. If so how is their services.


BrokerGuru

June 26, 2009

I appreciate your feedback about Forex Metal. It is even more important than the listing of brokers itself! Despite that, since Forex-Metal claims to allow scalping, they'll stay on the list and continue to receive rating and feedback from traders. Please do continue to rate broker services!

I don't know why you can't find Sigma Forex (try using Google search), I had no problems finding their website today: sigmaforex.com
At "about us" page you can find the contacts as well as learn other info about this broker.


trader

June 30, 2009

globalforexnow.com is PFG BEST IB



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