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Is FP Markets suitable for scalping ?
Členom od Feb 24, 2020
4 príspevkov
Dec 31, 2020 at 12:17
All the same scalping is a good way to make money. But there is also a danger of losing them quickly.
Členom od Jun 08, 2020
40 príspevkov
Dec 31, 2020 at 13:28
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.
Členom od Nov 16, 2020
20 príspevkov
Jan 04, 2021 at 08:42
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.
Členom od Feb 25, 2020
3 príspevkov
Jan 04, 2021 at 12:01
Yes it does, no problem.
Členom od Oct 20, 2020
45 príspevkov
Feb 23, 2021 at 13:06
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.
Členom od Dec 11, 2020
81 príspevkov
Feb 24, 2021 at 10:21
Commission are quite higher than I expected but yea it seems good, could go for other broker who offer lower commission
Členom od Dec 16, 2020
5 príspevkov
Mar 31, 2021 at 17:19
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.
Členom od Oct 20, 2020
45 príspevkov
Apr 10, 2021 at 11:43
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.
Členom od Apr 03, 2021
11 príspevkov
Apr 17, 2021 at 10:53
You can check the spreads and commissions of the broker to see if they suit your trading style and strategy.
Členom od Apr 02, 2020
34 príspevkov
Apr 20, 2021 at 15:43
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.
Členom od Jan 14, 2021
47 príspevkov
Apr 26, 2021 at 15:32
Yes, For me, FP markets have been really suitable for scalping because of their tight spreads and faster execution speed.
Členom od Mar 17, 2021
494 príspevkov
Dec 29, 2021 at 05:56
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.
Členom od Jul 04, 2022
23 príspevkov
Aug 16, 2022 at 11:32
I currently scalp using FP Markets ECN account, the spreads are tighter starting from 0.0 pips in most major pairs, especially in EURUSD. The spreads are stable even during volatile market conditions. The commission cost per round lot is only $6 with an execution speed of 80 ms, which is faster than my previous brokers.
Členom od May 31, 2021
44 príspevkov
Sep 02, 2022 at 11:09
Yes, I have been scalping with it for 2 years and its trading conditions have been remarkable without any issues. The spreads average around 0.0-0.2 pips in EURUSD and other major pairs.
The commission cost per round lot is only $6, which is lower when compared to most famous brokers such as ICM and Pepperstone.
The commission cost per round lot is only $6, which is lower when compared to most famous brokers such as ICM and Pepperstone.
Členom od Aug 20, 2020
19 príspevkov
Dec 19, 2022 at 14:13
From my trading experience with them for over a year, I can say it is suitable for scalping because the spreads are tighter, averaging from 0.1 to 0.3 pips in most major pairs with a faster execution speed of 30 ms.
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