Best broker for scalpers?
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Thread: Best broker for scalpers?

  1. #1
    Does someone have any recommendations/reviews for brokers if you are scalping?

  2. #2
    Quote Originally Posted by ;
    Scalping on a fixed-spread or coping desk broker is suicide, go ECN only. 1 pip or less. IB, MBT/EFX, any broker with Currenex, HotspotFX, respectively

    Here are the spreads at a random period on HotSpotFXi, detect nearly all spreads are 0.5 pip or less (except NZDJPY, at 1 pip). HSFXi is institutional though, minimum $100k starting equilibrium. Finest bet for retail scalping is IB (IdealPro) or even MBT/EFX.
    Trader KGB, Does HotSpotFXi wide their spreads news time? Thanks.

  3. #3
    Oanda. Low pips, Excellent implementation

  4. #4
    They're also quite happy that you scalp, unlike various other brokers who hate it.

  5. #5
    Are you sure? I think they dont enjoy scalpers.

  6. #6

  7. #7
    Scalper is a trader who deals with big quantity (LOT), place little TP (2-10pips), and can exchange couple times in just 1 hour.

  8. #8
    I receive 55% profit in my account scalping for 2 days , choose profit 2-3 pips while spending 8 pips in spreads! Can I care broker get the most of the profit? No more....What I care that I make money they make money as well

    Then I thought... I might as well do longer duration (in same day) with GBP/JPY that I scalp with and end up losing 33% doing longer duration trading...

    Therefore I do Scalping as my trading egy ...I thought.... Then

    I get suspended by my broker another day .... Before end of week. . I am able to scalp again next week ... But maybe I need to get a new broker....

    With $1k and interest free account requirement, its quite hard to get you.

    I purchase 100:1 Leverage I use upto 80:1 leverage. . Leaving only 20:1 leverage to its margin.... thats risky ? Sure it's... Much like the Chinese saying, Where there's conflict there's opportunity.

  9. #9
    Pick ECN for scalping.any issue to scalp on EFX and MB Trading?

  10. #10
    None of the we care if you don't post screenshots to prove it.

    Quote Originally Posted by ;
    I receive 55% profit in my account scalping for two days , take profit 2-3 pips while paying 8 pips in spreads! Do I care broker get the most of the profit? No....What I care is that I make money they make money also

    I then thought... I might also do longer duration (within same day) with GBP/JPY which I scalp with and end up losing 33% performing longer duration trading...

    So I better do Scalping as my trading egy ...I thought.... Then

    I get suspended from my broker that the following day .... Before end of week. . I am able to scalp again next week ... But maybe I should find a new broker....

    With $1k and interest free account necessity, its very hard to get one.

    I get 100:1 Leverage I use upto 80:1 leverage. . Leaving only 20:1 leverage to the margin.... thats risky ? Sure it's... Much like the Chinese saying, Where there's conflict there's opportunity.

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