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Is FP Markets suitable for scalping ?

Jude_craig
Dec 29 2020 at 08:03
81 Posts
Ramierez posted:
I'm a scalper trading for close to a year and have tried ICM, pepperstone and FXM in the past, and currently trading with FP Markets for about two months.

The spreads and commission costs are lower compared to my previous brokers; the customer service dedicated manager was helpful as well in solving queries.


How much commission are you paying for trading forex?

BarronLucas
Dec 30 2020 at 13:36
31 Posts
For scalping, I would suggest trading with FP Markets because FP Markets' execution speed is fast and the spreads are consistent during high volatile market news.

Martow (Martow6474yfhfyf)
Dec 31 2020 at 12:17
4 Posts
All the same scalping is a good way to make money. But there is also a danger of losing them quickly.

Ebin
Dec 31 2020 at 13:28
38 Posts
I'm a scalper trading with FP Markets and its one of the oldest broker, so I have no issues with their reliability and the spread are lower with faster execution.

mikehussy332
Jan 04 2021 at 08:42
21 Posts
They seem to be a good platform but as far as using a particular strategy or scalping is concerned, you should contact them and make your inquiries.

Mark64747hd
Jan 04 2021 at 12:01
4 Posts
Yes it does, no problem.

Roberto21
Jan 05 2021 at 08:05
364 Posts
In Fx trading , Actually scalping is like high action thriller movies that can keep you on the edge of your seat , it brings profit very rapidly from all trading strategies we have. That’s why by and large traders in particularly the newcomers depend on this trading approach .

Parker09
Feb 20 2021 at 12:03
45 Posts
I've been trading in a demo account for six months and will be live trading soon, currently looking for a suitable broker to scalp, since I was practising scalping using the demo account.

Came across this broker FP Markets, read several good reviews and rating. Is it reliable for scalping?

Bradley88
Feb 23 2021 at 13:06
39 Posts
I currently scalp with FP Markets, and I must say compared to my previous brokers FP Markets spreads and execution are better, the spreads in EURUSD start from 0.0 pips and its stable during high market movements.

robindude
Feb 24 2021 at 10:21
107 Posts
Commission are quite higher than I expected but yea it seems good, could go for other broker who offer lower commission

Carlos122
Feb 26 2021 at 17:02
35 Posts
'Yes, FP Markets is a suitable broker for scalping because the spreads are lower and execution speed is faster.

I've been trading with them for three months, and the spreads have been stable even during high volatile market news.'

AurelieFrancis
Mar 01 2021 at 14:35
44 Posts
I currently scalp using FP Markets. It is a suitable broker because the spreads and commission costs are lower, and the spreads are stable even during high volatile market movements, which is an advantage for many scalpers.

chesteroconnell
Mar 31 2021 at 17:19
5 Posts
Won't pretend to be an expert because I'm new to both forex and this platform. My vested interest in your topic comes from the fact that the person who got me interested in forex is a heavy supporter of scalping. And as per him, low spreads are the key to turning a profit while scalping. Judging by the list of brokers on this site, FP markers seems fine and a few others too. Now idk weather one should select one of these or go a more established brand like XM or pepperstone.

Jordan5ith
Apr 09 2021 at 14:57
42 Posts
I'm thinking to move with FP Markets because I've been reading some good reviews about their spreads and slippage being low, and my current broker, EasyMarkets are starting to show their true colours.

Traders who are trading with them for longer periods, I would like to know if the broker is reliable for scalping?

Bradley88
Apr 10 2021 at 11:43
39 Posts
Hey, Jordan5ith. From my experience with FP Markets, I will say it is a good broker for scalping, and regarding spreads & slippage, it is surprisingly lower than other usual brokers.

flossiewyman
Apr 17 2021 at 10:53
12 Posts
You can check the spreads and commissions of the broker to see if they suit your trading style and strategy.

Xazvier
Apr 20 2021 at 15:43
32 Posts
I think the usage of leverage should be based on the experience a trader has in forex. A beginner with minimum experience should trade like Davidfx89 with 50:1 so that it's risk-free and easy to trade.

Alberncon
Apr 26 2021 at 15:32
44 Posts
Yes, For me, FP markets have been really suitable for scalping because of their tight spreads and faster execution speed.

lucasser
May 11 2021 at 15:34
26 Posts
I personally say yes, it is suitable for scalping because when I compared it with Etoro this broker has similar spreads.

SteveHanks
Dec 29 2021 at 05:56
536 Posts
flossiewyman posted:
You can check the spreads and commissions of the broker to see if they suit your trading style and strategy.

Proper research is very needed to pick a good broker in this market.

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