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Best broker for scalpers?

  • #101
  • Jul 12, 2012 8:32am Jul 12, 2012 8:32am
IC markets and armadamarkets(LMAX IB) has a very good spread and low commission which is good for scalpers.

For deposits around 250k LCG might be good. They have bank guarantee as well and offers mt4. Well if you don't need mt4 there are many good brokers out there.

For deposits bigger than 1 million you have many choices including trading through a prime broker.
  • #102
  • Jul 12, 2012 10:24am Jul 12, 2012 10:24am
Quoting Supertrader9
IC markets and armadamarkets(LMAX IB) has a very good spread and low commission which is good for scalpers.

I read a review that said that armadas has a very jumpy feed that it's not good for scalpers because of that, although the low spreads and low commissions (that are a dream).
  • #103
  • Jul 12, 2012 5:59pm Jul 12, 2012 5:59pm
Quoting Jack_Larkin
Dukas minimum is $200 now through their Europe division.

Now is only $100 bucks
  • #104
  • Jul 13, 2012 7:11am Jul 13, 2012 7:11am
For IC Markets, you can get a discounted $5.50 commission per standard lot with 1:500 leverage thru a special IB arrangement.





Quoting Supertrader9
They seems to have fixed this by adding liquidity provider. I am trading through armada and they have been great. I would consider IC markets but then their commission was too high for a scalper.
  • #105
  • Jul 13, 2012 7:45am Jul 13, 2012 7:45am
Quoting Supertrader9
They seems to have fixed this by adding liquidity provider. I am trading through armada and they have been great. I would consider IC markets but then their commission was too high for a scalper.
Thank you for your reply, do you have slippage with this broker?
  • #106
  • Jul 14, 2012 2:45am Jul 14, 2012 2:45am
Quoting Tarusmark27
According to me, AVAFX is the best broker for scalpers.
Avafx just a scam broker delete scalp trades
Charting Markets into the Future...MǎҖ€¥.
  • #107
  • Jul 28, 2012 7:38am Jul 28, 2012 7:38am
Quoting Supertrader9
They seems to have fixed this by adding liquidity provider. I am trading through armada and they have been great. I would consider IC markets but then their commission was too high for a scalper.
IC markets - high commission? how do you figure that? I am currently trying out their demo and seems really low commission especially in comparison to Go Markets.

However the platform of Go Markets seems more stable, I have been told though that demo accounts are nothing to go by. However that does not give me much confidence. Havent tried Armada
  • #108
  • Jul 31, 2012 9:44am Jul 31, 2012 9:44am
I would definitely recommend hotforex for its fast execution and stable platform
  • #109
  • Sep 22, 2012 4:21am Sep 22, 2012 4:21am
for under 1000$ deposit...go for Pepperstone,IC markets or Armada...u hav to do ur own research to finally choose 1 of them.....
  • #110
  • Sep 22, 2012 4:56am Sep 22, 2012 4:56am
Quoting wanelad
IC markets - high commission? how do you figure that? I am currently trying out their demo and seems really low commission especially in comparison to Go Markets.

However the platform of Go Markets seems more stable, I have been told though that demo accounts are nothing to go by. However that does not give me much confidence. Havent tried Armada
I mean compared to armadamarkets....ic spread is good..commission is okay but slippages will eat your profits if you are a scalper...slippages can be 1-2 pips...and that was on a small order.i am not talking about big lots..probably their bridge problem as liquidity should not be a problem.
  • #111
  • Sep 25, 2012 8:16pm Sep 25, 2012 8:16pm
i'm confusing about brokers...

i tried just broker... go markets, fxdd...

go markets: low spread but slow exec
fxdd: fast exec but high spread... and i think they are good with any transaction.

what about you real scalpers? pls tell us.

now i'm considering about new broker... but confusing...
If You try Destiny'll try...
  • #112
  • Sep 25, 2012 10:51pm Sep 25, 2012 10:51pm
how about OctaFx ? not sure whether regulated, i think it's a new broker but good for scalp. quite fast execution, low spread.

anyone kindly want to share experience with them ?
  • #113
  • Sep 26, 2012 12:18am Sep 26, 2012 12:18am
Answer already posted by Ammeo in Post #111.

Good luck!
  • #114
  • Sep 26, 2012 3:14am Sep 26, 2012 3:14am
Quoting bdunn
Answer already posted by Ammeo in Post #111.

Good luck!
Thanks for appreciating my answer...
  • #115
  • Sep 29, 2012 9:23am Sep 29, 2012 9:23am
Quoting Dark1
Does anyone have any recommendations/reviews for brokers if you are scalping?
I'm trading from last 8yrs and use many platform like Fxsolutions, FXCM, Oanda, Forexmetal. All give scalping facilities. Many times I made huge profit and this just happen because of there agile facilities. I freely trade their, but now i am only using forexmetal, it has other benevolent offers for me.
  • #116
  • Sep 30, 2012 11:32am Sep 30, 2012 11:32am
Quoting Ahsan Ali
I'm trading from last 8yrs and use many platform like Fxsolutions, FXCM, Oanda, Forexmetal. All give scalping facilities. Many times I made huge profit and this just happen because of there agile facilities. I freely trade their, but now i am only using forexmetal, it has other benevolent offers for me.
Im using Tradestation now, I am very happy with them so far, I have been using them for about 5 months and I haven't experienced a single problem, they seem to be very professional in comparrision to a lot of other brokers i have been with, I feel that I am in good hands with people who actually knows their buisiness, and the platform simply is the best out there in my opinion, it is a professional platform and it have everything you ever would need, it also have a ladder wich is very suitable for scalping, so you can quickly enter and exit the market, they have level 2 and other nice features like scanner and more, you can also trade stocks options futures and whatever instruments you like with them, they do their own clearing now and are not mixed up with Gain anymore, cant do other than recommend them for now. there also is no fees for fx datafeed unless you want to have the best like esignal or something, then you can, everything is free, platform datafeed free and no commision, I think it's a bargain just to be able to use that platform for free, yes no commisions, they mark up the spread instead like fxcm does wich means they are STP, but they have much lower spreads which is nice, there are no complaints about execution, Im allways instantly filled, the only downfall for new traders would be that you cannot trade microlots with them so if you have small starting capital it can be tough to maintain proper money management, the smallest amout you can trade is minilots, you can open a fx acount with 2000 usd, good luck
Bulls are stupid Animals!especially when Im short!
  • #117
  • Sep 30, 2012 4:28pm Sep 30, 2012 4:28pm
Quoting roughtrader
...it also have a ladder wich is very suitable for scalping,...
What do you mean by "ladder"?
  • #118
  • Oct 1, 2012 5:59am Oct 1, 2012 5:59am
Quoting Dark1
Does anyone have any recommendations/reviews for brokers if you are scalping?
dukascopy is very good broker for scalpers - they allow scalping and hedging
  • #119
  • Oct 1, 2012 6:18am Oct 1, 2012 6:18am
Quoting Demos4x
What do you mean by "ladder"?
there are probably other names for it, in Tradestation it is called "the matrix"
but I just call it ladder cus it looks like one, I know some other traders also call it a ladder,
if it is the correct name? I have no clue,
but it is very good for scalping quick moves in the market.
Attached Image
Bulls are stupid Animals!especially when Im short!
  • #120
  • Oct 5, 2012 10:14am Oct 5, 2012 10:14am
Quoting domenicfx
dukascopy is very good broker for scalpers - they allow scalping and hedging
I been with Dukascopy, in my experience they are ok, but if you are trading with small lot sizes like me you are going to find they are very expensive indeed, and that is why I left them to find a cheaper alternative, the smaller lot sizes and the smaller volume you trade the more expensive they get, offcourse larger lot sizes means larger volume, this is something you have to live with if you are with Dukascopy, I found it very hard to be profitable, but if you are trading larger then they are probably very good. because they let you trade cheaper the larger you trade. for the beginner or the one who trade small, find a better alternative.
Bulls are stupid Animals!especially when Im short!
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