Best broker for scalping Eur/Usd with TP 2 pips | Forex Factory

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Best broker for scalping Eur/Usd with TP 2 pips

  • #1
  • First Post: Aug 6, 2014 12:59am Aug 6, 2014 12:59am
Hi,

can anybody suggest me best broker which used for scalping with low spread and low commission.

I am trading only EUR/USD scalping with 1 to 2 pips take profit so i need broker with low spread and low commission.
  • #2
  • Aug 6, 2014 4:12am Aug 6, 2014 4:12am
Quoting umpats
Hi, can anybody suggest me best broker which used for scalping with low spread and low commission. I am trading only EUR/USD scalping with 1 to 2 pips take profit so i need broker with low spread and low commission.

Hi Umpats

I have sent you a PM with regards to your question.

Look forward to your response.

Best wishes

Anish
  • #3
  • Aug 18, 2014 2:31pm Aug 18, 2014 2:31pm
Quoting umpats
Hi, can anybody suggest me best broker which used for scalping with low spread and low commission. I am trading only EUR/USD scalping with 1 to 2 pips take profit so i need broker with low spread and low commission.
i heard dukascopy have very low spreads on eurousd . you can check them out
  • #4
  • Aug 20, 2014 8:59am Aug 20, 2014 8:59am
Only NDD account that could be used as scalper community .
I use NDD because its good for scalper and for all human
  • #5
  • Aug 20, 2014 9:29am Aug 20, 2014 9:29am
Quoting ddeeen
Only NDD account that could be used as scalper community . I use NDD because its good for scalper and for all human
what is an NDD account??
  • #6
  • Aug 20, 2014 11:27am Aug 20, 2014 11:27am
Quoting Jeffray
{quote} what is an NDD account??
Definition of 'No Dealing Desk'

A way of forex trading that provides immediate access to the interbank market. The interbank market is where foreign currencies are traded. This is different than trading through the dealing desks that are found in many banks and financial institutions. By using a dealing desk, a forex broker who is registered as a Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer (RFED) can offset trades. If a no dealing desk system is used, positions are automatically offset and then transmitted directly to the interbank.

Investopedia explains 'No Dealing Desk'

Forex brokers who use this system work directly with market liquidity providers. When trading through a no dealing desk, instead of dealing with one liquidity provider, an investor is dealing with numerous providers in order to get the most competitive bid and ask prices. An investor using this method has access to instantly executable rates.
  • #7
  • Aug 20, 2014 12:05pm Aug 20, 2014 12:05pm
LMAX Professional are next on my list.
  • #8
  • Aug 25, 2014 10:10am Aug 25, 2014 10:10am
If you are a bad scalper, you have no problem with IC M.
If you're really good you have a big problem.
Freeze and disconnect.

Anyway MT4 uses many tricks if you're a winner.
Attached Image
Be happy, friendly, humble and winner!!
  • #9
  • Aug 25, 2014 2:49pm Aug 25, 2014 2:49pm
You don't have many choices these days as most brokers hate scalpers. The ones that still support the human rights of traders are Dukascopy, Armada Markets, Citi, FXCM. Help yourself.
  • #10
  • Aug 26, 2014 5:02am Aug 26, 2014 5:02am
Quoting Mitbrad
You don't have many choices these days as most brokers hate scalpers. The ones that still support the human rights of traders are Dukascopy, Armada Markets, Citi, FXCM. Help yourself.
I like your humour, actually I find that most brokers do not support human rights lol. For trading strategies that require an STP broker like scalping and some arbitrage I use FXPro, Admiral Markets (pro) and Xglobal Markets... the last one is the best deal I can find for scalping as they have low spreads, no other fees and they are eu regulated.
  • #11
  • Aug 28, 2014 6:23pm Aug 28, 2014 6:23pm
Quoting Mitbrad
You don't have many choices these days as most brokers hate scalpers. The ones that still support the human rights of traders are Dukascopy, Armada Markets, Citi, FXCM. Help yourself.
Brokers love scalpers - Volume equals brokerage .

The brokers who don't love scalpers are the 100% B bookers.

If you find one that complains then you know he's a 100% B booker and you should find another one immediately
  • #12
  • Sep 6, 2014 9:33pm Sep 6, 2014 9:33pm
I am using IC Markets for scalping right now my lot size is 1 to 5 lots, do you guys think they will play games once lot size is increased?

they claim to be NDD and ECN.
Don't speculate trade with surety.
  • #13
  • Oct 13, 2014 3:22am Oct 13, 2014 3:22am
Quoting KingHussain
I am using IC Markets for scalping right now my lot size is 1 to 5 lots, do you guys think they will play games once lot size is increased? they claim to be NDD and ECN.
bump... anyone know the answer?
  • #14
  • Last Post: Oct 13, 2014 8:20am Oct 13, 2014 8:20am
Quoting KingHussain
I am using IC Markets for scalping right now my lot size is 1 to 5 lots, do you guys think they will play games once lot size is increased? they claim to be NDD and ECN.
http://www.forexfactory.com/brokers.php

just sort by EUR/USD to see lowest spreads and descriptions to find NDD/ECN brokers.
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