TopBrokers.com > Scalping Forex Brokers

Best Scalping Forex Brokers

Scalping Forex brokers Scalping is an interesting and simple trading strategy, which is used by a lot of traders in Forex brokers, but far not all brokerage companies allow it. Forex scalping is a form of trading that is normally used by traders to buy and sell currency pairs where the trader gets to hold the currency for a while waiting for it to accumulate in profit. The scalper then proceeds to make the maximum number of trades while earning a small profit for each trade at a time. Since the scalper is targeting small amounts of profit from several trades, they may hold on to the trades for moments as brief as seconds.

Mostly, forex scalping involves leverages of large sums and this means that any small change in currency rates translates to a substantial amount of profit. To allow you using the best ForexBrokers for Scalping in your work, TopBrokers.com has prepared this list for you. It includes the most proven and reliable Scalping Forex brokers for trading.

Classic filter Constructor

View tutorial

Filter

Spreads

Trading instruments

Spread value type

Interval

Spread size

Promotion

No deposit bonus

Deposit bonus

#	Forex broker	Founded	Regulated	Reviews	Payment systems	Broker type(?)	Min. Deposit	Max. leverage	Live spread Live Average Interval: Live spreadAverage spreadEUR/USD	Live spread Live Average Interval: Live spreadAverage spreadGBP/USD	Live spread Live Average Interval: Live spreadAverage spreadUSD/CHF	Live spread Live Average Interval: Live spreadAverage spreadUSD/CAD	Live spread Live Average Interval: Live spreadAverage spreadUSD/JPY	Live spread Live Average Interval: Live spreadAverage spreadAUD/USD	Live spread Live Average Interval: Live spreadAverage spreadNZD/USD	Live spread Live Average Interval: Live spreadAverage spreadEUR/AUD	Live spread Live Average Interval: Live spreadAverage spreadEUR/CAD	Live spread Live Average Interval: Live spreadAverage spreadEUR/CHF	Accepting US traders?	Account
1	RoboForexbest broker	2009	IFSC	22	Payment systems	NDD, ECN Broker type NDD ECN STP MM	0 $	1:2000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
2	XM.COM	2009	ASIC, IFSC Regulated ASIC IFSC CySEC	79	Payment systems	MM	5 $	1:30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
3	EXNESS	2008	FCA, CySEC	95	Payment systems	NDD, ECN Broker type NDD ECN STP MM	0 $	1:2000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
4	FxPro	2006	FCA, CySEC Regulated FCA CySEC CNMV	182	Payment systems	NDD, ECN Broker type NDD ECN STP	100 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
5	IC Markets	2007	ASIC	30	Payment systems	NDD, ECN	0 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
6	Alpari	1998	IFSC, NAFD Regulated IFSC NAFD FSA AFD	41	Payment systems	ECN	0 $	1:1000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
7	Forex.com	2001	FCA, CFTC Regulated FCA CFTC NFA	47	Payment systems	ECN, MM	100 $	1:50	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1	Real Demo	Add for comparison
8	Just2Trade	2006	CySEC	57	Payment systems	ECN, STP	100 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
9	AMarkets	2007	FSA	83	Payment systems	NDD, ECN Broker type NDD ECN STP	100 $	1:3000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
10	LiteFinance	2005	-	43	Payment systems	ECN	50 $	1:1000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
11	FXPRIMUS	2009	CySEC, VFSC	11	Payment systems	STP	100 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
12	Vantage FX	2009	ASIC	18	Payment systems	ECN	200 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
13	XTB.com	2002	FCA, CNMV	5	Payment systems	NDD, STP	250 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
14	EasyMarkets	2001	ASIC, CySEC	13	Payment systems	MM	100 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
15	RoboMarkets	2012	CySEC	46	Payment systems	NDD, ECN Broker type NDD ECN STP MM	100 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
16	Admiral Markets	2001	FCA, CNMV	25	Payment systems	NDD, ECN	0 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
17	FXOpen	2005	ASIC, FCA	108	Payment systems	ECN, STP Broker type ECN STP MM	1 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
18	AXITrader	2007	ASIC, FCA	12	Payment systems	NDD	0 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
19	Instaforex	2007	RAUFR	97	Payment systems	NDD, ECN	1 $	1:1000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
20	Yadix.com	2010	FSC	65	Payment systems	ECN, STP	100 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
21	NordFX	2008	SEBI, VFSC	102	Payment systems	NDD, ECN Broker type NDD ECN STP	0 $	1:1000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
22	Hantec Markets	2009	FCA	15	Payment systems	NDD	1000 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
23	Forex4you	2007	FSC	33	Payment systems	NDD, STP	20 $	1:1000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
24	IFC Markets	2006	FSC, CySEC	40	Payment systems	STP	0 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
25	AVATrade	2006	ASIC, CBI Regulated ASIC CBI FSA FFAJ	64	Payment systems	NDD	100 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
26	Dukascopy Bank SA	1998	FINMA	15	Payment systems	ECN	1000 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
27	LMFX	2015	-	25	Payment systems	NDD	50 $	1:1000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
28	FxGrow	2008	CySEC	5	Payment systems	ECN, STP	100 $	1:300	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
29	FxGlory	2012	-	18	Payment systems	NDD, MM	1 $	1:3000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
30	Fort Financial Service	2010	IFSC	3	Payment systems	NDD, ECN Broker type NDD ECN STP	5 $	1:1000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
31	Interactive Brokers	1977	FCA, CFTC Regulated FCA CFTC NFA SEC	11	Payment systems	MM	10000 $	1:40	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1	Real Demo	Add for comparison
32	Tickmill	2014	FCA, SIBA	10	Payment systems	NDD	25 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
33	HotForex	2010	CySEC, FSC	91	Payment systems	NDD	5 $	1:1000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
34	FXCM	1999	ASIC, FCA	20	Payment systems	NDD	0 $	1:100	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
35	FIBO Group	1998	FSC, CNMV	37	Payment systems	NDD, MM	0 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
36	OANDA	1996	ASIC, FCA Regulated ASIC FCA MAS CFTC NFA	21		-	0 $	1:50	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1	Real Demo	Add for comparison
37	FP Markets	2005	ASIC, CySEC	19	Payment systems	DMA	100 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
38	FXDD	2002	MFSA	8	Payment systems	NDD, ECN	250 $	1:50	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
39	Markets.com	2006	CySEC	13	Payment systems	NDD	100 $	1:300	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
40	Fortrade	2013	FCA, FSCS Regulated FCA FSCS NB RB	23	Payment systems	-	100 $	1:30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
41	AAFX Trading	2014	ASIC, FSA	231	Payment systems	NDD, ECN	100 $	1:2000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
42	GrandCapital	2006	-	16	Payment systems	STP	10 $	1:2000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
43	BCS Forex	2006	FSA	16	Payment systems	NDD, ECN Broker type NDD ECN STP MM	1 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
44	FreshForex	2004	KROUFR	83	Payment systems	NDD, MM	0 $	1:1000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
45	IG	1974	ASIC, FCA Regulated ASIC FCA BaFin CONSOB CNMV AMF	15	Payment systems	DMA, MM	0 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1	Real Demo	Add for comparison
46	FinmaxFX	2017	CROFR, VFSC	21	Payment systems	MM	250 $	1:300	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
47	Alfa-Forex	2016	CBR	16	Payment systems	NDD	0 $	1:40	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
48	NPBFX	1996	IFSC	24	Payment systems	NDD, STP	10 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
49	Saxo Bank	1992	ASIC, FCA Regulated ASIC FCA FSMA SFC DFSA CONSOB CNMV AFM SMV MAS CNB FINMA FSA CFSFA BDF DMCC	24	Payment systems	ECN, STP	10000 $	1:100	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1	Real Demo	Add for comparison
50	Swiss Markets	2012	CySEC	3	Payment systems	STP	200 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
51	BMFN	1988	ASIC, FCA Regulated ASIC FCA FSP FSCS	12	Payment systems	NDD, DMA	0 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
52	ForexChief	2014	VFSC	124	Payment systems	ECN, STP	1 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
53	Octa FX	2011	FCA, FSA	29	Payment systems	ECN	100 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
54	ICM Capital	2009	FCA	4	Payment systems	-	200 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
55	PhillipCapital UK	1975	ASIC, FCA	7		NDD	200 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
56	Finam Forex	1994	CBR, NAFD Regulated CBR NAFD AFD	4	Payment systems	NDD, DMA	0 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
57	FxGiants	2015	FCA	41	Payment systems	ECN, STP Broker type ECN STP MM	50 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
58	GO Markets	2006	ASIC	14	Payment systems	NDD	200 $	1:300	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
59	Forex.ee	2004	FSA	8	Payment systems	NDD, ECN Broker type NDD ECN STP	10 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
60	City Index	2001	ASIC, FCA	15	Payment systems	NDD, ECN	250 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
61	ICE FX	2015	-	8	Payment systems	STP	30 $	1:300	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
62	TrioMarkets	2014	CySEC	9	Payment systems	ECN, STP	500 $	1:300	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
63	iOCBCfx	2004	MAS	8		NDD	1000 $	1:35	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
64	UOB Kay Hian	2000	MAS	7		NDD	0 $	1:50	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
65	KE Forex	1972	MAS	9		NDD	0 $	1:50	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
66	City Index Singapore	2006	MAS	3		MM	100 $	1:50	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
67	Haitong	2010	MAS	9		NDD, ECN Broker type NDD ECN STP	0 $	1:50	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
68	FXCitizen	2010	VFSC	11	Payment systems	NDD, ECN	10 $	1:1000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
69	Land FX	2013	FCA, FSCS Regulated FCA FSCS FSA	11	Payment systems	NDD, ECN	300 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
70	Pepperstone	2010	ASIC	13	Payment systems	ECN	200 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
71	Ak Investment	1996	SPK	12		NDD, DMA Broker type NDD DMA MM	1000 $	1:100	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
72	InvestAZ	2010	FSP, SPK	8		ECN	100 $	1:1000	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
73	Abshire-Smith	2011	FCA, FSCS	10	Payment systems	STP, DMA	500 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
74	ArgusFX	2000	CySEC	10	Payment systems	STP	0 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
75	Ayondo	2008	FCA, BaFin	9	Payment systems	NDD	100 $	1:100	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
76	Bacera	2009	ASIC	11	Payment systems	MM	0 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
77	BogoFinance	2006	CySEC	11	Payment systems	NDD	100 $	1:100	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
78	Capital.com	2016	ASIC, FCA Regulated ASIC FCA CySEC NB RB	119	Payment systems	MM	20 $	1:100	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
79	Capital Index	2014	FCA, CySEC Regulated FCA CySEC FSCS	3	Payment systems	NDD, STP	100 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
80	Core Liquidity Markets	2012	ASIC, FSA	10	Payment systems	NDD	100 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
81	Darwinex	2012	FCA	10	Payment systems	STP, DMA	500 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
82	CMG	2015	ASIC	19	Payment systems	-	250 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
83	Colmex Pro	2010	CySEC	14		NDD, ECN	2000 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
84	eTrader	2014	CySEC	11		NDD	100 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
85	Flatex	1999	BaFin	9		NDD, MM	0 $	1:100	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
86	Fullerton Markets	2015	FSP	16	Payment systems	ECN, STP	100 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
87	FX88	2016	CySEC	2	Payment systems	ECN	100 $	1:50	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
88	FXCC	-	FCA, CySEC	163	Payment systems	NDD, ECN Broker type NDD ECN STP	100 $	1:300	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
89	FX Choice	2010	IFSC	6	Payment systems	NDD	100 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
90	GMG Markets	2015	FCA	2		NDD, STP	200 $	1:100	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
91	HMS Markets	1972	-	3		NDD	1000 $	1:40	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
92	Infinox Capital	2009	FCA	10	Payment systems	ECN, STP	100 $	1:30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
93	iTrader	2012	IFSC	4	Payment systems	NDD	250 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
94	Mex Exchange	2012	ASIC	3	Payment systems	NDD, ECN	200 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
95	FXPCM	2007	FSC, DFSA Regulated FSC DFSA DMCC	2	Payment systems	NDD, ECN	100 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
96	Rakuten Securities Hong Kong	2002	SFC	2		NDD, STP	0 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
97	RietumuFX	1992	FCMC	9		NDD	1000 $	1:300	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
98	TFI Markets	1999	CySEC	3		NDD	50 $	1:30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
99	Tradealot	2010	FCA	8	Payment systems	STP	2000 $	1:30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
100	AMP Global	2018	CySEC, CFTC Regulated CySEC CFTC NFA	7	Payment systems	STP	100 $	1:30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
101	Ingot Brokers	2004	ASIC	8		ECN	100 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
102	Alvexo	2014	CySEC, SIBA	10	Payment systems	ECN	0 $	1:300	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
103	AETOS	2007	ASIC	6	Payment systems	NDD	250 $	1:200	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
104	Arum Capital	2017	CySEC	5	Payment systems	ECN, STP	0 $	1:30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
105	ATFX	2015	FCA	17	Payment systems	NDD	0 $	1:400	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
106	Key to Markets	2010	FCA, FSP Regulated FCA FSP DMCC	6	Payment systems	ECN	100 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
107	Trading.com	2018	FCA	3	Payment systems	ECN	5 $	1:30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
108	ATC Brokers	2005	-	3		ECN	2000 $	1:100	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
109	IQ Option	2013	FSA	11	Payment systems	NDD	10 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison
110	Milton Prime	2015	CySEC, SIBA	1	Payment systems	NDD	0 $	1:500	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0	Real Demo	Add for comparison

Was the information useful for you?

5 (2)

We will help you make the right choice with Scalping Forex Brokers

Forex Scalping

Basically, scalping on a short-term basis entails making tens, hundreds or even thousands of trades every day while attempting to scalp tiny profits per trade by utilizing the bid-ask spread. Scalping is effective because the volatility of currency pairs varies with time. What scalpers do in order to generate profits from non-moving pairs is usually to sell them for a profit when they fluctuate in a positive direction. By doing this, the tiny profits add up and eventually accumulate.

There exist both manual and automated system strategies in Forex scalping. In a Manual scalping strategy, a trader has to always be on standby at the computer screen looking out for signals and determine the right trade to make usually whether it is ripe to buy or sell. Automated scalping, on the other hand, is whereby the trader programs software on what signals to look out for and what interpretations to deduce from them.

Over the years, automated scalping has become prevalent because of the rapid growth and development of technology. Today it is preferred by many traders because it is seen as a preferable alternative to involving human psychology in the torturous environment of trading which gives traders a hard time. Manual forex scalping done by individuals has significantly reduced as quant traders have innovated systems which can do thousands of trades every single day, this explains why the era of manual scalping has come to an end.

Forex scalping is a very lucrative especially during periods when the market is highly volatile and when there are special moves. Due to the popularity of scalping, there are usually periodical data releases, for example, the U.S. employment report and Federal Reserve meetings.

There are risks involved in scalping if a trader enters a position where they cannot exit they can be left vulnerable and lose a lot of profits even the principle of their investment. Any experienced scalper can attest to the fact that rushing to scalp after news-breaks, or when the market is experiencing high volatility is similar to collecting coins on a railroad for a living. A determined collector can create a sizable income from this exercise with persistence and patience and takes reasonable risks which could turn out to be very costly if not insulated against. The risk obviously is being run over by the approaching train of market shock and losing all profits or even hope of making them in future. Whether it is a valid negotiation or a compromise depends on the trader’s personality and approach to life generally. The downside is that a scalper cannot utilize “idle volatility”, or the directionless fluctuations commonly found in ranging markets. Since the market is strongly directional, he must find a way of identifying the trend and exploiting it with several small-sized orders

What Markets Favor the scalping Strategy

What is Scalping

Most traders who use the scalping strategy prefer strongly trending forex markets. The rationale behind this approach is that scalpers thrive in volatile markets, markets with high trends cause a lot of volatility creating several trading opportunities. One must keep in mind the fact that while scalping, any little misplaced or miscalculated trade could easily wipe out the gains of tens of successful trades. Above all, a scalper must be consistent more than anything else. Besides discipline in determining trades, when to take profit and stop losses, and also they must be skeptical towards opportunities that arise, all these are important components to consider for one to succeed in this trading strategy. One must ponder on which kind of markets can these strategies be employed in best. The question is whether scalpers would thrive in strongly trending and volatile markets, or relaxed markets where activity is subdued and volatility is low? Obviously, the best conditions would be found in the relaxed market. Here’s why the calm market allows traders to exploit small fluctuations over a period of time with fewer risks and handsome profits. On the other hand, trending markets shift suddenly with ever expanding and contracting spreads, this means exiting a position before it attains full potential can be risky also staying calm and composed is not that easy.

There are several articles online which suggest that scalping is best in strongly trending, liquid, volatile markets, and it is unbelievable that so many traders believe these lies. This attitude can be attributed to the fact that traders who write the articles lack enough experience in scalping or maybe they used the strategy on a trend following scheme. Following the trend is not very useful for novices because they tend to choose the scalping style to make quick profits without having enough information or analysis on how it works.

Advantages of Scalping in Forex Trading with a Scalping Forex company

The main advantage of scalping is that the trade is less susceptible to risk this is because it has less time in one position to be affected since it is easier-to-obtain moves and more opportunities to realize tiny profits. There really are no perfect strategies in trading, most forex trading platforms prohibit scalping and will levy a fee for making above ten trades per day. For this reason, a trader must confirm whether scalping is allowed on the particular platform they’re using.

In scalping in order to realize a maximum profit in the short-term, a substantial amount of capital must be invented. Leverage is necessary to increase profits from even very small price moves. It is crucial to have a strategy of exit in place before proceeding to scalp, this is because it only needs one large loss to eliminate the whole day’s profits. By utilizing a one minute chart a trader can have a better idea of what are the right trades to make and those to avoid.

The biggest advantage that comes with Forex scalping is that the trader can make more money in the shortest time if the trades are successful. A good illustration is if a scalper uses 1 Standard Lot in trading aiming to make 20 trades a day gaining profits of 3 pips for each trade could accumulate $600 a day, or $12,000 a month. If a trader is successful with his scalping strategy then that’s a very good run. There are traders who have multiplied amounts as low as $300 to $32,000 in scalping. However, certain traders are satisfied with “a bird in hand” closing out profits made in minutes, by using large trade volumes and targeting tiny pip profits. Other traders are however nervous and can’t stand the long wait. For one to be successful in scalping they should know when to trade and when not to for better results

Disadvantages of the Scalping Strategy with a Forex broker

It requires high emotional intelligence to make successful trading decisions. For an amateur trader, scalping definitely is not the best trading style. It demands constant presence, concentration and strict observance of its principles. Given that trades are small in size and quick means that the trader must be very methodical about trade sizes. Trading irregularly makes it difficult to determine the performance of an account and makes it hard to achieve a smooth, regularly rising trading account. A real scalper does not fear the emotional issue, unlike the case with many other types of trading. Because the risk involved per trade is very small, and it is possible to exit a position without much difficulty, the chances of the account being wiped out are significantly after a single trade are low. One of the greatest challenges faced by scalpers is overtrading and agitation.

Scalping is very slow and requires plenty of patience. The trader is required to open many positions in the course of an hour of any given day. Many times the slow accumulation of profits can frustrate a trader. The trader can easily be disillusioned and regret spending much time trying to gain profits from negligible price fluctuations. It may appear as though much effort is being put in yet bearing little fruit. This among other factors may lead to disappointment and cause the trader to be in an agitated state of mind. This is the most dangerous state of mind for any scalper to be in. He must be able to click the right buttons, enter the correct prices, and place the proper decisions throughout the several trading hours of the day. Being uneasy and nervous makes a trader commit blunders that are too costly. Nervousness makes a scalper feel like he’s fighting the markets leading to many unjustified and harmful trading decisions.

A scalper must know the right time to stop and yet if they’re nervous they’ll be unable to decide at the right time. Going on a spree with the belief that the next trade will be the successful one because ‘luck’ can’t go wrong so often” may quickly bankrupt the trader and it is very dangerous with the scalping technique. It is wise to halt scalping activity as a trader if one feels that the emotional burden of it is too much for them at any given moment. One mustn't fight in the market but rather suspend trading for a little while. This compared to losing your wits trying to profit by battling the market is much better than trying to improve by worsening your situation.

What Are The Different Types of Scalping?

The scalping system has been categorized into three different styles which are:

Market Making

This type of scalping is where a trader or an algorithmic / market making machine tries to capitalize on the spreads by buys lower (creating bid prices) and sells higher (creating ask prices). This strategy is only available for large-scale retail traders.

Manual Buy & Sell FX Trading

This is the traditional style of buy and sell where the trader purchases huge quantities of currencies which he proceeds to sell for gain on the small price movement.Usually, the trader enters a large volume position and waits for a change in the move. Manual buy and sell require high liquidity in order to be able to quickly enter and leave the market with ease.

Automated FX Trading

This third style is based on using forex algorithms and high-frequency trading systems or scalping expert advisors. Today it is possible to code an automated trading strategy (expert advisor) as they are called in the MetaTrader 4 platform. By using the MQL language (which is the programming language of the MetaTrader 4 trading platform. However, when using more advanced trading platforms, higher coding skills are required. This especially in case one wants to create forex algorithms of high-frequency trading systems.

Scalping techniques have gained popularity in the forex trading world and there are several traders who are employing this strategy and making neat profits. Having considered the pros and cons attributed to it any trader looking to make some profits should try it out well aware of the risks involved. The forex business is all about knowing when to and when not to risk.