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Best broker for scalpers?

  • #121
  • Oct 11, 2012 5:33am Oct 11, 2012 5:33am
i opened live at hotforex. it was quick and easy (like all brokers do )

execution is good enough. 4 stars...
spread is always tight. avg=1.5, min=1.2 max=1.7 (i saw)

i don't know yet about withdrawing. i'll post. (if i make pips... lol)
If You try Destiny'll try...
  • #122
  • Oct 11, 2012 8:44pm Oct 11, 2012 8:44pm
Quoting BennyB
Armada Markets, LMAX, CitiFX. Or trade currency futures. Just my opinion.
Trading currency futures on a proper platform is the way to do it
  • #123
  • Oct 11, 2012 11:06pm Oct 11, 2012 11:06pm
Quoting domenicfx
dukascopy is very good broker for scalpers - they allow scalping and hedging
I was trading with dukascopy but not now. How long are you trading with them, domenicfx? if there are any differences between it was and now?any condtions improvement?
  • #124
  • Oct 12, 2012 12:31am Oct 12, 2012 12:31am
The best broker for scalping is any broker that doesn't use MT4, as the fill time is horrendous.

Check out Fastbrokers and their platform Pathfinder. It has a wicked Scalperbook, and trading right from the charts. Super fast execution as well. Best platform around, and I have tried many.

Perfect for scalpers.
Cap
  • #125
  • Oct 12, 2012 4:11am Oct 12, 2012 4:11am
Quoting The Captain
The best broker for scalping is any broker that doesn't use MT4, as the fill time is horrendous.

Check out Fastbrokers and their platform Pathfinder. It has a wicked Scalperbook, and trading right from the charts. Super fast execution as well. Best platform around, and I have tried many.

Perfect for scalpers.
You haven't tried FXOpen's ECN. The execution is fantastic on MT4.
  • #126
  • Oct 12, 2012 4:42am Oct 12, 2012 4:42am
Quoting The Captain
The best broker for scalping is any broker that doesn't use MT4, as the fill time is horrendous.

Check out Fastbrokers and their platform Pathfinder. It has a wicked Scalperbook, and trading right from the charts. Super fast execution as well. Best platform around, and I have tried many.

Perfect for scalpers.

Does it have renko charts?
  • #127
  • Oct 12, 2012 5:43am Oct 12, 2012 5:43am
Quoting domenicfx
dukascopy is very good broker for scalpers - they allow scalping and hedging
There is many definitions of "scalping". I have just quitted Dukascopy. I my opinion they fail at following:
-high cost (wide spreads + slippage + commission)
-slow execution (~1/2 sec)
-they have good API but do not allow modification of orders within less than 1 second.
-in recent times they had too many serious system glitches (down for several minutes at a time).
  • #128
  • Oct 12, 2012 6:02am Oct 12, 2012 6:02am
Quoting ochiroo20
i opened live at hotforex. it was quick and easy (like all brokers do )

execution is good enough. 4 stars...
spread is always tight. avg=1.5, min=1.2 max=1.7 (i saw)

i don't know yet about withdrawing. i'll post. (if i make pips... lol)
hotforex is one of the best broker I used, thank you for this answer
{Promotion Removed}
  • #129
  • Oct 12, 2012 6:04am Oct 12, 2012 6:04am
Quoting m.m.m.
There is many definitions of "scalping". I have just quitted Dukascopy. I my opinion they fail at following:
-high cost (wide spreads + slippage + commission)
-slow execution (~1/2 sec)
-they have good API but do not allow modification of orders within less than 1 second.
-in recent times they had too many serious system glitches (down for several minutes at a time).
hi what broker offers for scalping.
{Promotion Removed}
  • #130
  • Oct 12, 2012 6:33am Oct 12, 2012 6:33am
I'll try Armada for a few days, thank yo
{Promotion Removed}
  • #131
  • Oct 12, 2012 7:55am Oct 12, 2012 7:55am
Well, I wish they can offer 1-Click Trading, just what like IC Markets did.





Quoting m.m.m.
I can of course only speak about those that I have used (Dukascopy >1 year) and Those that I use currently (Armada 2nd month):

With Armada Markets I am satisfied so far, except the fact that they do not offer API (only MT4).
So, with the well known tweak to the MT4 the execution is quite fast (~170 ms) and spot-on (LMAX-feed). Commissions are low ($20/$1m). Leverage up to 500:1. I could not find better terms for my trading.
  • #132
  • Oct 12, 2012 8:29am Oct 12, 2012 8:29am
Quoting bdunn
Well, I wish they can offer 1-Click Trading, just what like IC Markets did.

See if any of this solution would help

http://www.forexfactory.com/showthread.php?t=371147

Or this:

http://www.forexfactory.com/showthread.php?t=281772
  • #133
  • Oct 12, 2012 9:15am Oct 12, 2012 9:15am
Quoting m.m.m.
Armada? They emailed a few days ago that they will do just that, soon.
Did they said if was for the MT4 platform or their own platform?
  • #134
  • Oct 12, 2012 11:40am Oct 12, 2012 11:40am
Quoting m.m.m.
I was not avare they have their own platform? They wrote (4.10.2012):
"""
Armada Introduces One-Click Trading

Next week we will introduce a special download section on our homepage. We will start posting there interesting indicators, platform links, etc. We will inform you in the terminal once the One-Click Trading expert has been uploaded. Stay tuned!
"""
They dont, but a user of this forum (Marv , if i'm not mistaken) said that they informed him that they were working in their own platform.
  • #135
  • Oct 12, 2012 11:52am Oct 12, 2012 11:52am
Quoting Demos4x
Does it have renko charts?
Yes Pathfinder has renko charts. I don't understand why so many "scalpers" are recommending MT4 brokers. Metatrader was designed for anything but scalping.

Essentially someone has asked what car he should buy for speed and performance, and people here are recommending a 1993 Ford Taurus.
Cap
  • #136
  • Oct 12, 2012 12:50pm Oct 12, 2012 12:50pm
can anyone give a list of brokers that do not allow scalping?

actually every broker has to be happy if it's client is a scalper because of the trading volumes and commission.
But it seems like not every broker is happy )))) so, the true is somewhere near ))
  • #137
  • Oct 15, 2012 5:42am Oct 15, 2012 5:42am
Quoting Dark1
Does anyone have any recommendations/reviews for brokers if you are scalping?

Whenever talks to execution with accurate services I prefer Forex-Metal, ECN, reliable, low spread and beneficial for traders and investors in many ways, especially when talk about scalping.
  • #138
  • Oct 15, 2012 5:51am Oct 15, 2012 5:51am
Quoting Ahsan Ali
Whenever talks to execution with accurate services I prefer Forex-Metal, ECN, reliable, low spread and beneficial for traders and investors in many ways, especially when talk about scalping.
Low spreads? EURUSD at 1.5 pips?

A ECN that doesn't charge commission?

https://forex-metal.com/home/contrac...caleHost=en_US
  • #139
  • Oct 15, 2012 4:12pm Oct 15, 2012 4:12pm
Quoting BennyB
Armada Markets and LMAX have proven to be the best. At least they don't mind if you start winning.
Wrong. No MT4 Broker is ideal for scalping.
Cap
  • #140
  • Oct 15, 2012 9:11pm Oct 15, 2012 9:11pm
Quoting BennyB
Armada Markets and LMAX have proven to be the best. At least they don't mind if you start winning.
do u have issue with Armada's MT4 platform? i meant intermitten disconnection,frozen platform,etc? have u try doing a withdrawal yet?
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