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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

December 26, 2008

FXCBS allows scalping for institutional accounts.


BrokerGuru

December 21, 2008

Thanks to our contributors, CMS Forex has been moved into non-scalping brokers group.
We appreciate everyone's help!


trader

December 19, 2008

Yes, why not, here it goes:
IBFX - traders would have difficulties scalping with them: quite long and frequent re-quotes, plus forget trading during news!
A position can stuck for minutes during volatile market, and even if you click "accept re-quote", you're given no green light, but another re-quote.
Plus it takes some good portion of time for a new trade to be accepted. On top of that you've got MT4 platform, where you can't deal with a single click, but have to go through few windows before you're set.
Conclusion: passive cautious scalping avoiding news at all cost - may be yes, aggressive scalping - no.


BrokerGuru

December 16, 2008

Agree with you. Most of the Forex brokers who operate as market makers would have difficulties with filling and closing orders which last less than a minute or so, since they would have not enough time to hedge those orders inside their system. As a result - re-quotes, prevented from closing trades, traders put on manual execution etc.

However, we try to be unbiased. The list of brokers who allow scalping is simple: it tells what Forex brokers tell traders. If they claim to allow scalping - so is written on the list.
I suggest we hear about real feedback from Forex traders: what broker they tried to scalp with and how well it went.

Conditions vary form broker to broker, but aggressive scalpers should only be looking for STP/ESN brokers.

We invite everyone to talk about real scalping experience with different brokers to find out who is the best scalping broker.


A Forex broker

December 16, 2008

well - this list is not at all true.
Most of them will let you lose or simply not close your positions. Scalping is no option for a retail broker. Just a fact. And the millions of sclapers simply get one result: they lose.

A Forex broker



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