Which one is good for Professional scalp trading?1-AlpariUK 2-Dukascopy 3-Fxcm 4-IB | Forex Factory

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Which one is good for Professional scalp trading?1-AlpariUK 2-Dukascopy 3-Fxcm 4-IB

  • Poll

  • Which one is good for Professional scalp trading
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  • #1
  • First Post: Edited 1:05pm Oct 8, 2010 12:50pm | Edited 1:05pm
Hello All

i know that you saw before this question but it really is an important question that

which broker is best for professional scalpers?,,, i mean the brokers that really want

profitable clients? is there one ? for example i find 2 professional scalper traders that

can make a 1000$ account to 100K$ in just 1 month with scalp trades , i want a

broker that give this profit when they make Hugh profit with scalp trades ...i ask all of

them and all of them told me we want profitable traders but what is the truth ?which

one is better for scalping that also work with Meta trader and allow scalper EA ?

1-AlpariUK
2-Dukascopy
3-Fxcm UK
4-IBFX

Choose one that you trade with and offer fast execution ,lowest spread, less requoted

, high leverage ,,,of course fast execution and lowest spread is important but choose

the one that totally is the best one for professional scalp trading.

thank you before for your comments
  • #2
  • Oct 8, 2010 1:02pm Oct 8, 2010 1:02pm
Duka is the ONLY possible choice on that list all the others are bucketshops that will stop scalpers from making a profit.
  • #3
  • Oct 8, 2010 3:01pm Oct 8, 2010 3:01pm
Quoting Aja
Duka is the ONLY possible choice on that list all the others are bucketshops that will stop scalpers from making a profit.
No it's not because OP wants MT support, which Dukascopy does not offer.
  • #4
  • Oct 8, 2010 3:26pm Oct 8, 2010 3:26pm
Scalping on MT platform is like taking a wheelchair on a formula 1 race. I don't know any good scalpers that trade MT. If you could be profitable scalping on MT platform, and I strongly think this is not possible, you would be better of going far away from MT. The only small-ball game options are IB or dukas, imo.
  • #5
  • Oct 9, 2010 2:02am Oct 9, 2010 2:02am
Of the above choices, Dukascopy is the only choice for scalpers as they are the only ECN on the list. The rest are Market Makers or pure Bucketshops which will not like scalpers at all.
  • #6
  • Oct 9, 2010 4:21am Oct 9, 2010 4:21am
Quoting m.m.m.
No it's not because OP wants MT support, which Dukascopy does not offer.
are you sure but i ask them and they told me we do offer MT .
  • #7
  • Oct 9, 2010 6:17am Oct 9, 2010 6:17am
Quoting Rikers
Scalping on MT platform is like taking a wheelchair on a formula 1 race. I don't know any good scalpers that trade MT. If you could be profitable scalping on MT platform, and I strongly think this is not possible, you would be better of going far away from MT. The only small-ball game options are IB or dukas, imo.
which other platform or brokers you recommended ?
  • #8
  • Oct 9, 2010 9:48am Oct 9, 2010 9:48am
Quoting Rikers
Scalping on MT platform is like taking a wheelchair on a formula 1 race. I don't know any good scalpers that trade MT. If you could be profitable scalping on MT platform, and I strongly think this is not possible, you would be better of going far away from MT. The only small-ball game options are IB or dukas, imo.
I 2nd that analogy.

I've of yet met any successful traders who use MT4. If anyone knows of an MT4 trader who is successful, please let me meet 'em. I'd like to shake their hand on a job well done.

Funny thing, I know more successful Oanda traders and have never heard of a successful MT4 trader.

Come to think of it, the words "MT4" and "successful" isn't something you'd normally see in an sentence.
  • #9
  • Oct 9, 2010 9:53am Oct 9, 2010 9:53am
Quoting MRmojtaba
Hello All

i know that you saw before this question but it really is an important question that

which broker is best for professional scalpers?,,, i mean the brokers that really want

profitable clients? is there one ? for example i find 2 professional scalper traders that

can make a 1000$ account to 100K$ in just 1 month with scalp trades , i want a

broker that give this profit when they make Hugh profit with scalp trades ...i ask all of

them and all of them told me we want profitable traders but what is the truth ?which

one is...
9900% increase in one month damn they are l33t. So how much is their training? *grins*
  • #10
  • Edited 11:14am Oct 9, 2010 9:57am | Edited 11:14am
Quoting MRmojtaba
which other platform or brokers you recommended ?
like I stated, for brokers I would go with interactive brokers or dukascopy (from my personal experience); and if you have more capital I wold find a good currenex platform broker- since currenex has low latency patents in UK and US, this mostly states you should get better execution. Or go with Hotspot's institutional platform broker. The one thing on dukascopy is that their platform is programmed in java and that is one of the slowest languages around.

Still, there was enough topics around here to find all the information you are looking for.

example:

http://www.forexfactory.com/showthread.php?t=62015
  • #11
  • Oct 9, 2010 9:59am Oct 9, 2010 9:59am
Hotspot and Currenex frontends are done in java too. For everything but very-high freq automated trading (such as marketmaking) java is no problem.
  • #12
  • Oct 9, 2010 11:18am Oct 9, 2010 11:18am
you know guys the bad thing with dukascopy is their min open account is 1000$ ,,,i want a broker that have no min open account cause first i want to test traders with 100$ ,,,,
the most important thing i said above is i want a broker that want profitable traders that currently the poll result go with dukascopy ,,,please scalper traders say that which brokers they use ?even its non MT or listed here.
  • #13
  • Oct 9, 2010 12:50pm Oct 9, 2010 12:50pm
Quoting shrike
Hotspot and Currenex frontends are done in java too. For everything but very-high freq automated trading (such as marketmaking) java is no problem.
Tnx, I didn't know that. I was going more from my experience of general java programs.
  • #14
  • Oct 9, 2010 3:48pm Oct 9, 2010 3:48pm
Quoting MRmojtaba
are you sure but i ask them and they told me we do offer MT .
Yes I am (and I am with Dukascopy). They offer MT4 - for DEMO only.
Quoting MRmojtaba
for example i find 2 professional scalper traders that can make a 1000$ account to 100K$ in just 1 month with scalp trades
So.. why don't you ask those two lone swordsmen which broker they use(d)?
  • #15
  • Oct 9, 2010 4:20pm Oct 9, 2010 4:20pm
Quoting m.m.m.
Yes I am (and I am with Dukascopy). They offer MT4 - for DEMO only. So.. why don't you ask those two lone swordsmen which broker they use(d)?
i asked them and they told these brokers that i wrote in poll ,,,but now most of guys that wrote comment here told that MT platform is not good for scalp so please write here which broker you use for scalp that want profitable traders.
  • #16
  • Oct 9, 2010 4:35pm Oct 9, 2010 4:35pm
Quoting MRmojtaba
i asked them and they told these brokers that i wrote in poll ,,,but now most of guys that wrote comment here told that MT platform is not good for scalp so please write here which broker you use for scalp that want profitable traders.
As I already stated, I am with Dukas, so no MT. Dukas executes fast on their JForex platform (under 1 second @ market). But if you want to start with less than 1k and use mt, Dukas is not for you. I have no experience with other brokers, except in demo mode. IMO Dukas is ok, since I do not need mt. The problem with mt is - and that's why Dukas do not use it - it's slow. It has not been designed for ecn.
  • #17
  • Oct 9, 2010 4:54pm Oct 9, 2010 4:54pm
Quoting Rikers
since currenex has low latency patents in UK and US, this mostly states you should get better execution.
Do you have a link to that ?
  • #18
  • Oct 9, 2010 5:14pm Oct 9, 2010 5:14pm
Quoting Cocoflanel
Do you have a link to that ?
Wikipedia "currenex" will give you all patent numbers in references or just goolge "currenex patents" and you'll have a decent amount of articles
  • #19
  • Oct 10, 2010 3:50am Oct 10, 2010 3:50am
Quoting m.m.m.
As I already stated, I am with Dukas, so no MT. Dukas executes fast on their JForex platform (under 1 second @ market). But if you want to start with less than 1k and use mt, Dukas is not for you. I have no experience with other brokers, except in demo mode. IMO Dukas is ok, since I do not need mt. The problem with mt is - and that's why Dukas do not use it - it's slow. It has not been designed for ecn.
but spreads on 1000$ account is also more and its not good for scalp with low amount .
  • #20
  • Oct 11, 2010 6:46am Oct 11, 2010 6:46am
Quoting MRmojtaba
Hello All

i know that you saw before this question but it really is an important question that
..........................

1-AlpariUK
2-Dukascopy
3-Fxcm UK
4-IBFX

..........................

thank you before for your comments
I think that FXCM will be better.
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