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What's your recommendations on brokers for scalping? Based on experience
Mitglied seit May 31, 2021
48 Posts
Mar 02, 2022 at 14:23
Mitglied seit May 31, 2021
48 Posts
For a year now I have been scalping with fxview and have been able to lock the trades with much tighter spreads of around 0.2pips on EURUSD. Other than this one can try tickmill too though it has a fee of $4 RT unlike fxview with $2 RT.
Mitglied seit Jun 21, 2021
33 Posts
Mar 07, 2022 at 10:55
Mitglied seit Jun 21, 2021
33 Posts
winning_trades posted:
For a year now I have been scalping with fxview and have been able to lock the trades with much tighter spreads of around 0.2pips on EURUSD. Other than this one can try tickmill too though it has a fee of $4 RT unlike fxview with $2 RT.
What deposit methods does fxview have?
Mitglied seit May 31, 2021
48 Posts
Mar 09, 2022 at 06:19
Mitglied seit May 31, 2021
48 Posts
TroyTheTrader posted:I am getting plenty of deposit methods like btc, skrill, neteller, giropay, rapid transfer, klarna, nordea and bank transfer option is also there.winning_trades posted:
For a year now I have been scalping with fxview and have been able to lock the trades with much tighter spreads of around 0.2pips on EURUSD. Other than this one can try tickmill too though it has a fee of $4 RT unlike fxview with $2 RT.
What deposit methods does fxview have?
Mar 10, 2022 at 02:38
Mitglied seit Apr 02, 2020
39 Posts
Based on my experience, I recommend trading with ICM or FP Markets for scalping since their spreads average 0.0 pips.
FP Markets is my current broker because their commission costs are $6 per round per lot and the spreads are stable even during volatile market movements.
FP Markets is my current broker because their commission costs are $6 per round per lot and the spreads are stable even during volatile market movements.
Mitglied seit Aug 05, 2021
401 Posts
Mar 17, 2022 at 15:28
Mitglied seit Oct 17, 2018
103 Posts
yeah an off shore broker will give you tighter spreads and lower commissions scalping is good but you need to make sure your broker liquidity is true and consistent through out Icmarkets was always good but find EagleFX slightly better for scalp trading
Mar 18, 2022 at 00:32
Mitglied seit Feb 07, 2015
25 Posts
You've got heaps of options to be honest.
Liquidity is essential, as is keeping spreads and commissions tight.
If you're scalping majors, CedarFX has always had really good spreads, and they have a 0 commission account.
I've not observed their liquidity on Minors, but their Majors are great.
Failing that, I'd say IC Markets is also really good, but their commissions can get pretty lofty with bigger lot sizes.
I've also seen their spreads spike quite heavily in times of high volatility.
Liquidity is essential, as is keeping spreads and commissions tight.
If you're scalping majors, CedarFX has always had really good spreads, and they have a 0 commission account.
I've not observed their liquidity on Minors, but their Majors are great.
Failing that, I'd say IC Markets is also really good, but their commissions can get pretty lofty with bigger lot sizes.
I've also seen their spreads spike quite heavily in times of high volatility.
Sam.peters@
Mar 31, 2022 at 20:38
Mitglied seit Oct 20, 2018
300 Posts
bax699 posted:Yep, +1 for them from me too.
i have exclusively been using EagleFX for my forex trading for a number of years now. Spread is decent enough to scalp with. i mainly day trade or swing. But have also scalped a good number of times also
momchil_slavov@
Mitglied seit Jan 13, 2022
18 Posts
Apr 07, 2022 at 08:29
Mitglied seit Jan 13, 2022
18 Posts
forextrader777 posted:I've been using these two for a long time. And I agree with you since I am a scalper hence low commission is important for me so the former is a good fit for scalping, although both are right choices.
Fxview and Pepperstone are also good options for scalping. Quick order execution and rare slippage issues. Though commissions are a little higher with the latter one.
Apr 18, 2022 at 08:32
Mitglied seit May 31, 2021
56 Posts
From my trading experience, I recommend Fxtm, Etoro, and FP Markets for scalping. The spreads are tighter starting from 0.0pips with proper regulations.
I personally prefer FP Markets for their consistent spreads even during volatile market news movements.
I personally prefer FP Markets for their consistent spreads even during volatile market news movements.
Mitglied seit Jan 13, 2022
18 Posts
May 10, 2022 at 11:06
Mitglied seit Feb 07, 2022
24 Posts
Scalping requires a platform with quick order execution along with tight spreads. So my main focus is on a smooth trading platform (with rare slippage issues) and to reduce overall cost, tight spreads are also a must. In this regard, fxview, tickmill and hycm are some good brokers that suit well to the scalpers.
May 30, 2022 at 09:31
Mitglied seit Jun 08, 2020
44 Posts
I'm a scalper as well, I recommend trading with FP Markets, the spreads are lower, averaging around 0.3 pips and even lower in certain major pairs like EURUSD. The commission cost is $6 per round lot and there are no additional internal fees for deposits or withdrawals.
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