I recommend trading with FP Markets a broker suitable for scalping. I currently trade with them using their raw ecn account that has a robust trading condition and lower commission costs than other similar brokers.
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.
I agree on this and I myself used to practice on a demo account on MT4 to know about trading conditions they offer. And they landed well on my expectations and started to live with them after a few weeks of demo.
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.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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