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Best Broker for scalpers?

  • #1
  • First Post: May 5, 2016 3:32pm May 5, 2016 3:32pm
whit:
-low spread or commission
-low deposit
-high margin

which broker?
  • #2
  • May 6, 2016 11:43am May 6, 2016 11:43am
ECN is a good one
Old ways dont open new doors
  • #3
  • May 7, 2016 6:58am May 7, 2016 6:58am
Quoting giuse224
whit: -low spread or commission -low deposit -high margin which broker?
http://www.myfxbook.com/reviews/brokers/9,1 here is where you can start from, almost all of them fit your criteria
My personal recommendation would be HF markets and FXCM as I've been their dedicated client for 3 years and have no complaint on their work.
  • #4
  • May 7, 2016 5:19pm May 7, 2016 5:19pm
Yes, I'm looking for:
deposit: 500$
leverage min: 1:400
suitable scalping, without the risk of closing the position, to little margin.
  • #5
  • May 10, 2016 3:37am May 10, 2016 3:37am
Finding a broker suitable for scalping is not an easy task and i am always looking for an alternative

I have first a list of brokers to avoid like pest but i will not publicly post their name

Split funds among more brokers is necessary first for safety of funds reason (if something goes wrong with one broker...), but also to not use large lots on only 1 broker, which usually causes much larger slippage, which is the first enemy for scalpers.
It would be nice to hear other members opinions, but based on personal trading experiences to try to find a list of suitable brokers for scalping and to discuss about their good and bad aspects (there are not perfect brokers unfortunately)
  • #6
  • May 14, 2016 9:50pm May 14, 2016 9:50pm
At the moment, I am trading with OctaFX, I believe their spread is pretty low, i believe for scalpers this is one thing that’s very crucial and other is execution of trades been quick and that’s present as well, so try it. If you’re not sure then I suggest you to test them on demo first especially cTrader and see how scalping goes, I am doing really well, so if things work for you then give it a go… Hope it helps.
  • #7
  • Edited 6:22am May 15, 2016 6:11am | Edited 6:22am
This is interesting octafx brokers, which small capital is to be compared with Pepperstone (razor). Good!
  • #8
  • May 15, 2016 6:33am May 15, 2016 6:33am
Do not listen to Fedricks as he is constantly promoting his favorite broker ignoring horrible experiences of OctaFX users.

Fact ist, OctaFX is NOT suitable for profitable scalpers as they are closing accounts for no reason. Simply check the OctaFX thread here on the forum.
  • #9
  • May 15, 2016 1:16pm May 15, 2016 1:16pm
Quoting Drolph
Do not listen to Fedricks as he is constantly promoting his favorite broker ignoring horrible experiences of OctaFX users. Fact ist, OctaFX is NOT suitable for profitable scalpers as they are closing accounts for no reason. Simply check the OctaFX thread here on the forum.
Thanks for the information. then I continue on my first idea Pepperstone razor?
  • #10
  • May 15, 2016 2:40pm May 15, 2016 2:40pm
Quoting giuse224
whit: -low spread or commission -low deposit -high margin which broker?
With these requirements you should look for ECN broker
  • #11
  • May 15, 2016 3:33pm May 15, 2016 3:33pm
Quoting kuleszainves
{quote} With these requirements you should look for ECN broker
Yes Pepperstone account razor is ECN.
You know someone else better to compare?
  • #12
  • May 16, 2016 12:37am May 16, 2016 12:37am
Quoting giuse224
{quote. You know someone else better to compare?
As an european scalper, your order execution speed could be a major criteria >>> LD4 server >>> Darwinex or Vipromarkets.
  • #13
  • May 16, 2016 8:03am May 16, 2016 8:03am
Quoting giuse224
{quote} Thanks for the information. then I continue on my first idea Pepperstone razor?
Tickmill got the best feedback based on the whole basket of people sharing experiences - however they are not accepting EU clients. Pepperstone might be an option. But do not rely too much on others, test it on your own.
Success of a strategy depends on too many factors to give you a reliable answer. Even a slightly higer/lower lotsize could lead too different results on the same broker with the same robot.

It is part of the journey to try and diversify.
  • #14
  • May 19, 2016 9:23pm May 19, 2016 9:23pm
Quoting Drolph
Do not listen to Fedricks as he is constantly promoting his favorite broker ignoring horrible experiences of OctaFX users. Fact ist, OctaFX is NOT suitable for profitable scalpers as they are closing accounts for no reason. Simply check the OctaFX thread here on the forum.
WOW! I think you need some mental checkup dude, I wanted to give you a fitting reply, but I guess people like you dont even deserve that plus I respect forum rules which doesn't allow us to do personal attack on anyone... You have some serious mental issues, it has created hate towards others and thats why youre attacking people.

Quoting giuse224
{quote} Thanks for the information. then I continue on my first idea Pepperstone razor?
Mate, I believe you can check yourself to whatever I said is right or wrong through Octafx demo account and then decide who is correct, if you start believing idiots like him then sorry to say youre going to get stuck with ordinary broker, but again its your wish. I cant start attacking anyone on personal level like he did just that, so rest is your decision to make. Good luck to whatever you do
  • #15
  • Edited 1:24am May 20, 2016 12:42am | Edited 1:24am
Quoting Fedricks
{quote} WOW! I think you need some mental checkup dude, I wanted to give you a fitting reply, but I guess people like you dont even deserve that plus I respect forum rules which doesn't allow us to do personal attack on anyone... You have some serious mental issues, it has created hate towards others and thats why youre attacking people. {quote} Mate, I believe you can check yourself to whatever I said is right or wrong through Octafx demo account and then decide who is correct, if you start believing idiots like him then sorry to say youre going...
Yeah, i like strawberries too!

Advising a scalper a DEMO feed for testing, as every serios trader knows that slippage and order execution can only be evaluated under live conditions is really close to a crime and disqualifies your "opinion" once again.

The truth is always one of the hardest to swallow, Fedricks.
  • #16
  • May 20, 2016 3:54am May 20, 2016 3:54am
Quoting Fedricks
{quote} WOW! I think you need some mental checkup dude, I wanted to give you a fitting reply, but I guess people like you dont even deserve that plus I respect forum rules which doesn't allow us to do personal attack on anyone... You have some serious mental issues, it has created hate towards others and thats why youre attacking people. {quote} Mate, I believe you can check yourself to whatever I said is right or wrong through Octafx demo account and then decide who is correct, if you start believing idiots like him then sorry to say youre going...
Personal attacks are not allowed by forum rules: how do u classify your offensive words saying that another user "need some mental checkup", "some serious mental issues", "idiots like him"
Please, keep your posting in an educate way. We can post our opinions and the fact that they are in contrast with yours do not authorize u to be so ineducate
  • #17
  • May 20, 2016 3:58am May 20, 2016 3:58am
The thread is: "Best broker for scalpers"
Everyone knows that testing a scalper in demo is completely a waste of time and suggesting this is misleading

I will also post my experience about OctaFX: their spreads are not so tigh, and anyway are higher than real ECN brokers also adding their commissions. On all the OCtaFx accounts there are stop levels at 2 pips, so u cannot use tight trailing stops, otherwise u will have hundreds of off quotes and delays. Then your stop loss prices are gapped often. So i have skipped them
Everyone then is free to choose the broker which best suits their needs
  • #18
  • May 20, 2016 6:33am May 20, 2016 6:33am
Quoting Drolph
{quote} Yeah, i like strawberries too! Advising a scalper a DEMO feed for testing, as every serios trader knows that slippage and order execution can only be evaluated under live conditions is really close to a crime and disqualifies your "opinion" once again. The truth is always one of the hardest to swallow, Fedricks.
Sorry dude, i don't think jokers like you can be taken seriously. Whatever you have said has no logic while i never mention OctaFX as greatest broker, i just suggested it, if you disagree then it's fine, but pointing me out personally isn't fine. What truth do you think is hard for me to digest or swallow? i will really like to know about the truth that you have buildup in your mind mate.

Quoting corre71
{quote} Personal attacks are not allowed by forum rules: how do u classify your offensive words saying that another user "need some mental checkup", "some serious mental issues", "idiots like him" Please, keep your posting in an educate way. We can post our opinions and the fact that they are in contrast with yours do not authorize u to be so ineducate
I never said anything to him, he started targeting my post, sorry i am not going to hold back, i still say i haven't attacked anyone personally, at least not first up. I have absolutely no issue what anyone say, i completely respect their opinion, but i have issue when people start pointing out me and that's what he has been doing, if anyone thinks it's wrong to defend then sorry it's absolutely wrong mindset.

Quoting corre71
The thread is: "Best broker for scalpers" Everyone knows that testing a scalper in demo is completely a waste of time and suggesting this is misleading I will also post my experience about OctaFX: their spreads are not so tigh, and anyway are higher than real ECN brokers also adding their commissions. On all the OCtaFx accounts there are stop levels at 2 pips, so u cannot use tight trailing stops, otherwise u will have hundreds of off quotes and delays. Then your stop loss prices are gapped often. So i have skipped them Everyone then is free to...
It's an open forum mate, i have my rights to suggest whatever broker i wish, if you have problem with my suggestion then ignore it or you can share your own views, again it shouldn't target me or anyone like your so good friend did above. I like to know that list of everyone that know about demo not useful for knowing about scalping with any broker? i mean how do you know about spread then and other stuff? So, basically your experience is that you haven't worked with OctaFX and from THAT experience you can say that OCTAFX IS BAD - OCTAFX IS SCAM - OCTAFX IS WORLDS WORST BROKER RIGHT?

SO FUNNY, i hold my chair tightly when you wrote my experience and suddenly your next few lines were so funny that i actually forgot to laugh. I mean what's your problem with OctaFX mate? i can understand you don't like them, but tell me what is the reason behind so much hate against them?

On Another note, i see whatever you have mention is absolutely incorrect and i feel worried about you, how can anyone go to such extend to prove his point?

Whatever stuff you mention commission,trailing stop and all that is absolutely wrong and before you comment on any broker at least care to check.

Anyway, i just want to ignore people like you who got no logic but self-created hate for some reason, so please next time don't try to target me personally.
  • #19
  • May 20, 2016 7:40am May 20, 2016 7:40am
There are a lot of users who are clearly shilling for OctaFx lately..
  • #20
  • Edited 8:46am May 20, 2016 7:53am | Edited 8:46am
Quoting Fedricks
{quote} Sorry dude, i don't think jokers like you can be taken seriously. Whatever you have said has no logic while i never mention OctaFX as greatest broker, i just suggested it, if you disagree then it's fine, but pointing me out personally isn't fine. What truth do you think is hard for me to digest or swallow? i will really like to know about the truth that you have buildup in your mind mate. {quote} I never said anything to him, he started targeting my post, sorry i am not going to hold back, i still say i haven't attacked anyone personally,...
Can u tell us where i told u that "OCTAFX IS BAD - OCTAFX IS SCAM - OCTAFX IS WORLDS WORST BROKER RIGHT?"
U are the same person which on another very popular forum only posts celebrating OCTA FX, and u know this because i have already told u this there
If u need some advice about trading and forex feel free to contact me, there are a lot of things u can learn from me. If i run the same strategy on many brokers and on OCTA FX does not works this mean something. I have plenty of accounts in good profits and trading from more than 20 years. But again i never wrote that OCTA is a scam, only that for sure that OCTA is not the best broker for scalping (and i am not alone saying this)
Can u show us some your live account at OCTA wher u scalp so nicely ? so we can laugh too
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