Which is the best broker for scalping?

don't listen to noobs suggesting Oanda and other Market Makers, they don't know what they are talking about, and they don't know the difference between a Retail, Market Maker and a ECN, if you don't too I suggest for your own sake you find out fast! what you need is a true ECN period! and that is good for whatever you decide to trade, the commision seems higher but it will still be A LOT! cheaper than what a bucket shop will charge you, at MMs you can count on hidden fees, and that is just the fees Im talking about, you can add to that the slippage and your intire bankroll which they will steal eventually, not kidding! with a real ECN you won't see any of that. so what if oanda has 2 different acounts? so they cheat you in one and not in the cnx acount? cmon wake up! either the broker is honest or he isn't! either he is ECN or he isn't!

Is FXSol good for scalping?
I have 250$ only to start and I have been scalping through a demo account on their platform and I am doing good.

Here you go

www.lmaxtrader.co.uk a new exchange


Other options , Oanda,MBtrading ,Interactivebrokers

IKON Viking is very good for scalping. The spread for E/U is 0.5-0.8 pips and the commission is 0.1 pips per side. Execution is very fast.

I wasn't aware of this broker, so checked them out. Are they a US based broker with 50:1 leverage? On their website I saw they state 100:1

also found this interesting

There is no transactional commission on 4 digit spreads (costs are in the spread), while 5 digit spreads are offered with an extra transactional commissions charge.

I might add that EXNESS, a russian MT4 broker, offer really nice spreads, low opening balance, high leverage, and automatic deposit and withdrawals

Be mighty careful if you use Oanda, their spreads go extremely wide at news time (cable got to 40 last week), their spread can double or triple even when there is no news, although this tends to be no more than a few minutes at a time.
My biggest issue with them is how unstable their platform can be, and you can bet your life it will be unstable just when you dont need it. I personally don't scalp or trade near major news, but I do use Oanda. I'm prepared to bet that their platform goes down just as the NFP data is released this week, it's been on & off several times this morning - usually a taste of things to come when major news is due within a few days

if u want mt4, then probably fxopen.

They are regulated by CFTC and are NAF members (http://www.nfa.futures.org/basicnet/...zoUzIo%3d&rn=Y). I'm not sure but temporarily they don't acceot US clients. My account is actually with their London branch IKON Capital which is regulated by FSA. Four digit spreds are higher than the 5 digit spreads.

not sure about oanda, but fxopen is pretty decent for scalping.

I'm assuming NO ONE has anything positive to say about Investech for a scalping broker? Their tiny fixed spreads are too good to be true. Negative reviews seem so, so abundant.

Oanda ain't bad now that they have MT4, the spread do widen quite a bit during news but it goes back right away (most of the times). I was actually surprised last week during NFP MT4 didn't crash at all, but their other Java base platform (fxtrade) did. We could say its getting better..

The best broker for scalping in Alpari UK Pro account! True ECN, excellent data feed and execution time.

How long did you trade live on the PRO account? Whats about order rejection, requotes, slippage etc?

http://sbyfx.com

Or you could flush your money down the toilet, and demo trade a $1,000,000 account until it too disappeared.

Check this company out: "truly international" (their words), with a head office in the Seychelles. What percentage of people know where this is, without checking wikipedia or google? Speaking of google ... if you do ... you will realize that there are dozens of so-called businesses with this as their "formal registered office" - that's because it’s a mail-forwarding office and an address is used by several get-rich-quick internet sites. I guess it's an interesting coincidence that CCN Asia happens to make use of most of the same offices and infrastructure?

Branch offices in Byelorussia, Ukraine, Nigeria? Are these bastions of corporate governance and financial rigidity? Do you feel your investment is well protected by the fact that LiteFX "complies completely with Seychelles legislation and conforms to its regulations and internationally accepted supervisory and regulatory standards."

I guess since they accept $1 as a starting balance, that covers all their overhead costs.

And just before you suffer a moment of insanity and send any real money to these swindlers, check the JadeFX thread, and think of the 500+ people who sent $3.5+ million. It's now gone.

Why someone would choose to go these liars hiding from every semblance of legal recourse is beyond me. There are 4 dozen and more brokers who you would be better off with. They are not hard to find. If you're reading this and you've made it to forexfactory, you are 90% of the way there, in being able to make an intelligent decision. Grow up, give your head a shake, and trade with a real company. Or, just don't trade spot fx, and give your money to a genuine local charity.

Futures and Oil is about the only thing thats consistently moving for us scalpers at the moment, although forex had a rare good day today, trading this through FXCM the 5pip spread seems kinda high but when it has 200pip moves inside of 15mins then 5 really is nothing, better than 2pips for 20pip moves on forex.



Depends on how much money you've got to play with. and what you class as scalping ?? the old 3 pips and out or my type where you hold for maybe 2hours and aim for more.

Scalping is very sensitive to spread, but if you will look for the broker with the lowers spread, you will lose in other parts of trading. Spread is payment for the service, if you want good service you should be ready to pay.

I can recommend you to take a look to MB Trading and FinFx.

Yes, MT Trading is also good broker. And you point about service does make sense. Alpari wants 20K for beginning.


Not for a long time - 3 months. Minimum deposit was issue for me. So far everything is very very good!

I am a scalper,
I will probably get flamed for this,
I am generally recommending MB Trading too because they are simply the best!
but NOT for scalping! MBT is one of the absolute best brokers out there,
there is no question about that, I am very pleaced with them so far,
but I wouldn't recommend them for scalping,
the reason is that the execution isn't the fastest on either MT4 or the MBT Desktop,
it can take up to 5 secs before you are filled,
you just can't scalp under these circumstances,
I had to give up scalping with MB alltogether because I was loosing too much money,
until they can provide a good free scalping platform with 1 click and instant fills!
I will stay away from scalping with MB, MT4 sux with scalping!
however, Ninjatrader is a very fast trading platform and work with MB,
I suspect it would be a lot faster
but it will cost you a 1000 to trade live,
if you have NInja, then MB trading would probably be good to scalp,
I don't know if anyone else have this experience with MB,
but Im in europe, maybe thats why?
I don't know what the problem is since they are ECN?
it certanly isn,t my internet connection, I have 100mbit fibre,
any MB users or NT users wan't to comment?
I like to know your experience too.

scalping is a game of dead....