What's your recommendations on brokers for scalping? Based on experience

Aug 23, 2021 at 11:05
3,563 Angesehen
48 Replies
Mitglied seit Aug 23, 2021   4 Posts
Aug 23, 2021 at 11:05
I know you all are geeks here. Some use scalpers and other EAs. Which broker will you recommend that has a high execution speed?
Mitglied seit Feb 02, 2021   38 Posts
Sep 17, 2021 at 07:08
I'm no geek but a scalper indeed, prefer manual trading.
Mitglied seit Mar 28, 2021   617 Posts
Oct 04, 2021 at 12:23
For scalping choose a broker that has low spreads and instant trade execution. Many brokers do not provide instant trade execution.
Mitglied seit Mar 16, 2021   477 Posts
Oct 12, 2021 at 14:10
Scalping is risky so you have to gain trading with experience. This requires a good platform. Which can be made from my hard work and research.
Mitglied seit Apr 02, 2020   39 Posts
Oct 14, 2021 at 08:48
From my trading experience, I will recommend FP Markets because their trading conditions are best suitable for scalping.

Spreads are lower, starting at 0.0pips mostly in major currency pairs like EURUSD and GBPUSD with faster execution speed and lower commission costs.
Mitglied seit Mar 16, 2021   477 Posts
Oct 14, 2021 at 13:53
In my experience, if you want to trade, you need to do online research and select a broker. If you want, you can become aware of the services of the broker by practicing the demo on that platform.
Mitglied seit Apr 09, 2019   538 Posts
Oct 15, 2021 at 14:40
Found IC Markets handy for a scalping EA personally.
If you can't spot the liquidity then you are the liquidity.
Mitglied seit May 27, 2021   64 Posts
Oct 18, 2021 at 12:26
These are a few good options that can be considered for scalping:
-Fxview
-Forexdotcom
-Tickmill
Mitglied seit Jan 14, 2021   57 Posts
Oct 22, 2021 at 06:47
From my trading experience as a scalper, FP Markets is the best choice I have made because the spreads are lower and stable, even the commission costs and slippages are lower.
Mitglied seit Jul 19, 2020   788 Posts
Nov 05, 2021 at 07:22
Brokers are currently competing in the Forex market. The potential of a solid broker is that it is regulated and provides spreads, platforms, other services properly.
Mitglied seit Jun 07, 2021   72 Posts
Nov 30, 2021 at 11:49
As per my experience coinexx spreads are also tight, good for scalping.
Mitglied seit Jul 19, 2020   788 Posts
Dec 01, 2021 at 02:31
whitneytyler posted:
As per my experience coinexx spreads are also tight, good for scalping.
I have used this platform but its spread is high. Is that really so?
Mitglied seit Jun 07, 2021   72 Posts
Dec 02, 2021 at 04:50
AliaDare posted:
whitneytyler posted:
As per my experience coinexx spreads are also tight, good for scalping.
I have used this platform but its spread is high. Is that really so?
I trade only the major pairs, eurusd mostly, and I’ve even gotten spreads close to 0 pips.
Mitglied seit Jul 19, 2020   788 Posts
Dec 02, 2021 at 15:54
forextrader777 posted:
i like fxview for scalping.
Why is there an advantage here? Say the details?
Mitglied seit Jul 19, 2020   788 Posts
Dec 05, 2021 at 07:25
forextrader777 posted:
AliaDare posted:
forextrader777 posted:
i like fxview for scalping.
Why is there an advantage here? Say the details?
Their spreads and commissions are quite low, order execution is also quick, much beneficial while scalping.
Understood, it seems to be good but some time it is necessary to build knowledge about this using demo platform.
Mitglied seit Jul 19, 2020   788 Posts
Dec 11, 2021 at 00:29
whitneytyler posted:
AliaDare posted:
whitneytyler posted:
As per my experience coinexx spreads are also tight, good for scalping.
I have used this platform but its spread is high. Is that really so?
I trade only the major pairs, eurusd mostly, and I’ve even gotten spreads close to 0 pips.
Well, 0 spread is just for Major Pair. Or zero spread in other pairs.
Mitglied seit Mar 16, 2021   477 Posts
Dec 22, 2021 at 19:18
croisssan posted:
I advise you to pay attention to the fact that many companies are against this at all.
OK but I have to select tight spread for scalping. It will take a long time to make a profit.
Mitglied seit May 27, 2021   57 Posts
Dec 24, 2021 at 12:31
LukeRachel posted:
croisssan posted:
I advise you to pay attention to the fact that many companies are against this at all.
OK but I have to select tight spread for scalping. It will take a long time to make a profit.
You can check fxview, their spreads are pretty tight in volatile market situations as well.
Mitglied seit Feb 09, 2020   26 Posts
Jan 20, 2022 at 20:37
As far as I concerned, any broker providing tight spreads with competitive commissions, high leverage with excellent execution statistics, and an ECN execution model with a volume-based rebate program will rank among the best for scalping. You have to choose from such ones. There are lots of such brokers in the internet and you can read reviews and draw conclusions. In my opinion, everything might be revealed only due to your personal experience of trading with particular brokers. The more options you will test, the more you will start to understand what exactly do you need from a broker in order to run successful trading activity.
Mitglied seit Jul 23, 2020   759 Posts
Feb 06, 2022 at 02:05
When choosing a broker for scalping, I always look for good spreads, small fees, leverage and broker credibility.
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