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

Aug 23, 2021 at 11:05
3,730 Views
48 Replies
Mar 02, 2022 at 14:23
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.
Mar 07, 2022 at 10:55
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 09, 2022 at 06:19
TroyTheTrader posted:
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?
I am getting plenty of deposit methods like btc, skrill, neteller, giropay, rapid transfer, klarna, nordea and bank transfer option is also there.
Biedrs kopš   39 ieraksti
Mar 10, 2022 at 02:38
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.
Biedrs kopš   21 ieraksti
Mar 17, 2022 at 13:35
Ive done a fair bit of scalping recently with CedarFX as they have zero comissions
Biedrs kopš   29 ieraksti
Mar 17, 2022 at 13:35
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
Mar 17, 2022 at 14:01
Hugosway is great for scalping in terms of low spreads and fast execution. Plus there are other perks, like same-day withdrawals, 24/7 support, and so on.
Biedrs kopš   103 ieraksti
Mar 17, 2022 at 15:28
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
Biedrs kopš   25 ieraksti
Mar 18, 2022 at 00:32
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.
Sam.peters@
Biedrs kopš   56 ieraksti
Mar 22, 2022 at 09:14
For scalping, I suggest using tighter spread brokers like CMC Markets or FP Markets. The spreads average 0.0 pips for most parts of the trade with ASIC and CYSEC regulations.
Biedrs kopš   105 ieraksti
Mar 29, 2022 at 21:48 (labots Mar 29, 2022 at 21:48)
Firstly you neec a broker that allows scalping.
I use EagleFX and ICM both allow it
Biedrs kopš   300 ieraksti
Mar 31, 2022 at 20:38
bax699 posted:
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
Yep, +1 for them from me too.
momchil_slavov@
Biedrs kopš   18 ieraksti
Apr 07, 2022 at 08:29
forextrader777 posted:
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.
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.
Biedrs kopš   56 ieraksti
Apr 18, 2022 at 08:32
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.
Biedrs kopš   18 ieraksti
Apr 18, 2022 at 12:11
robindude posted:
Oh how low is the commission between these two?
fxview - $2 rt and pepperstone- $7 rt.
Biedrs kopš   300 ieraksti
May 04, 2022 at 11:03
Zander09Arie posted:
robindude posted:
Oh how low is the commission between these two?
fxview - $2 rt and pepperstone- $7 rt.
Better to avoid Pepperstone. and it's not only because of the high commissions.
momchil_slavov@
Biedrs kopš   24 ieraksti
May 10, 2022 at 11:06
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.
Biedrs kopš   46 ieraksti
May 20, 2022 at 14:33
For scalping, I’d recommend coinexx, eaglefx and trader’s way, as they offer tight spreads and fast trade execution.
Biedrs kopš   44 ieraksti
May 30, 2022 at 09:31
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.
Biedrs kopš   300 ieraksti
May 30, 2022 at 20:17
Nakedize posted:
For scalping, I’d recommend coinexx, eaglefx and trader’s way, as they offer tight spreads and fast trade execution.
Absolutely agree with the second one.😉
momchil_slavov@
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