Scalping Forex Brokers

 

Scalping is a trading strategy, which allows traders to make profit off small price changes, opening and closing many trades quickly. Scalpers usually place anywhere between 10 and a few hundred trades in a single day. The profit of each trade would be small, hence the big number of transactions. 

 

The thing with scalping is that it's a practice often frowned upon by brokers, and especially market makers. Here is why. 

 

When we open positions, market makers hedge these positions against other traders, or simply pass them on to the interbank markets. During slow markets and low volatility, the broker would wait some time (maybe 1, 2, or even 5 minutes) and if no other traders matches our position, they would pass it on to the interbank market. If we close the position before it is matched or passed on, the broker loses money. While this is not exactly fair play, many brokers practice it, and this is why they are against scalping. 

 

Another thing that you should keep in mind is that the definition of scalping varies from broker to broker (some qualify any position kept open for 2 minutes or less scalping, for other brokerages this time is 5 minutes and so on). 

 

Below is a list of brokers that officially allow scalping.

 

 

 



Scalping Forex Brokers

Broker Regulated Min.deposit Leverage Spread Promotion Review
$5 1:1000 0.5 Review Website
$50 1:400 0.2 Review Website
$1 1:200 0.8 Review Website
$5 1:888 1.1 100% Bonus Review Website
$100 1:500 0.8 Review Website
$150 1:100 0.9 Review Website
$100 1:200 1.2 Free VPS Review Website
$5000 1:100 1 Review
$1 1:50 0.9 N/A Review
$200 1:500 0 Review
$50 1:200 (1:50 in US) 1.1 Review
$10 000 1:100 2 Review
$1 1:500 2 $100 Review
$10 000 1:50 1 Review
$250 1:50 2 8% Bonus Review
$2000 1:200 1 Review
$500 1:500 2 Swap free accounts Review
$250 1:500 1 Review
$100 1:400 Review
$100 200:1 1 Review
$500 1:100 0.2 pips Review
2,500 1:50 2 Review
$1 1:500 0.9 Review
$100 1:300 0.4 Review
$50000 1:100 0.5 Review
$2000 1:500 2 Review
$200 1:500 1.6 Review
$1,000,000 1:50 0.1 Review
$200 1:400 1 Review
$100 1:200 1 25% Bonus Review
$5 000 1:50 1 Review
$200 1:300 1 Review
$10 000 1:50 2 Review
$250 1:400 2 Review
$100 1:500 0.6 $15 no deposit bonus Review
$500 1:500 1 Review
  $1 1:500 1.6 Trading Credit Review
$50 1:200 1 Review
$400 1:100 0.8 Get paid Review
  $250 1:400 2 Review
$1 1:200 1 Review
$5 1:500 0 Review
$200 1:400 1.6 Review
$100 1:500 0.2 Review
$2,500 1:100 0.9 pips Review
  $500 1:100 Review
100 1:200 1.6 Review
$500 1:500 2.3 Review
€1,000 500:1 0.9 Review
$100 1:500 1.6 Review
$500 1:200 1.2 Review
$1000 1:200 1.3 Review
$1 1:500 1.8 Review
$200 1:200 1.3 Review
$100 1:1000 1.6 Review
N/A 1:50 0.9 Review
$250 1:50 1 5% Bonus Review
$100 1:1000 0.9 Review
  $500 1:400 1 Review
  $1 1:1000 2 Review
$250 1:400 2.2 Review
$1 1:50 1 10% Bonus Review
$400 1:50 0.9 Review
$250 1:400 3 Review
$50 1:500 0 100% Margin Bonus Review
$200 1:500 2.5 Review
$500 1:100 0.3 pips Review
$2,000 1:50 0.9 Review
$500 1:400 2,2 Review
$1000 1:400 1.7 Review
  $10 1:1000 1.5 Review
  $100 1:300 1.6 Review
$50 1:400 1.1 Review
  $200 1:800 3 Review
  $10 1:500 1.6 Review
$1 1:1000 2 Review
$100 1:200 1.3 Review
  $10 1:500 1.4 Review
  $500 1:500 1.2 Review
  $20 1:500 1.5 Review
  - 1:500 1.0 Review
$50 1:500 1.8 Review
  $5 1:200 0 pips Review
  $10 1:200 1.2 pips Review
$50 1:300 1.2 pips Review
  $10 1:1000 1.5 Review
  $200 1:500 0.9 Review
$500 1:100 1.8 pips Review
  $50 1:500 1.5 Review
  $1 1:200 1 pip Review
  $25 1:500 2 Review
  $1000 1:400 1 Review
  $50 1:100 1.6 Review
  $20 1:500 1 pip Review
$100 1:1000 1.8 pips Review
  $100 1:1000 1.8 Review
  $100 1:100 3 Review
  $20 1:500 1.7 Review
  $100 1:500 1 Review
  $10 1:500 1.2 Review
  $10 1:500 0.6 pips Review
  $250 1:200 3 Review
$5 1:500 1 20% Bonus Review
  $500 1:500 0.1 pips Review
$500 1:500 2 pips Review
  $1 1:200 0.9 $100 Review
$2000 1:500 0.9 Review
  $500 1:200 2.8 30% - 50% bonus Review
  $50 1:500 Review
  $100 1:1000 1.2 Review
  $500 1:400 1.5 Review
Forex

Related News

Protrader 3 Forex Platform Now Features Scalping Module

Jul 02 2014 09:56:45 Stanimir Zhelev in Software

PFSoft released Protrader 3 in October 2013 as the next generation of their headline product - the multi-asset trading platform. But now development team doesn't rest on its laurels and is working consistently on product improvements. Read more

Easy Walker EA: Very Profitable Scalper

Mar 24 2014 13:01:24 Maria Nikolova in Expert Advisors

Today we'll be reviewing a newcomer to the field of commercial expert advisors (EAs) – the Easy Walker robot, which is a scalper that has so far managed to show some solid results. To help us in our review, there are a raft of real accounts to which the robot has been applied on Myfxbook. Read more

Forex Ector Expert Advisor: Short-Term Aims, Solid Profits

Feb 24 2014 08:43:19 Maria Nikolova in Expert Advisors

Today we'll be exploring the Forex Ector expert advisor (EA), a trading robot that seeks to profit from short-term trends on the market. For the time being, the strategy has shown some impressive results on a real account with HotForex and we've decided to check in depth this bot. Read more

Volatility Factor EA: Profiting from Market Changes

Feb 13 2014 09:57:45 Maria Nikolova in Expert Advisors

Just a couple of hours ago a new addition appeared in the ranking of AutoTrade, the social trading service of Myfxbook, and that's the Volatility Factor expert advisor (EA). Read more

Tick Charts Come to cTrader Platform in February

Jan 24 2014 08:00:03 Maria Nikolova in Software

Amid the numerous recommendations that the team behind cTrader, the open Forex trading platform from Spotware Systems, has received is the one for tick charts. And the software expert has replied to the users' demands and is set to add this feature to the platform in February. Read more

Forex