Is FP Markets suitable for scalping ?

Cooper078 posted:
Good broker they have been in forex for years and still have good reviews.

Hey. I have not heard bad reviews about them

I received an email from FP Markets checks its reviews and other specs everything seems good.

No. All retail brokers suck for scalping or they outright ban it

As a scalper i would say FP markets is a good choice of broker.

it has a promising tight spreads and execution speed.

better ask Support service😁

Brussels88 posted:
Do they provide any offers or Free VPN access ? How much is the opening balance in FP Markets and what how low are their spreads?

If its VPS access you mean then yes they do provide a VPS access if you maintain a certain number of lots size, the opening balance in FP Markets is low as $100 dollars and spreads are tighter starting from 0.0 pips.

They are definetly good brokers. What you need to identify a good broker is to do a background check. Do not only rely on other peoples opinions.. It is good if you find out on your own. There are several indicators that show bad brokers. Just find them out on the web. I am telling you this because some of these commnts may not be honest.

Out of the brokers that I've used in the past, FP Markets are the best for scalping as their spreads are lowest and commission per lot are lower than the competitors.

And as for the free VPS, FP markets does provide free VPS for clients trading at least 10 lots a month.

If you make money from scalping on FP markets will they let you withdraw? I know some brokers then claim that they do not allow scalping and will stop your withdrawal

You have to be careful fello trader. There are a lot of scammers out there. You have to do this on your own. I have not come acrooss any negative comments about the broker so it seems like it is a good one. Either way you can never be sure. Do a background check. If you do not know how to do a background check then you still have some thnings that you need to learn first before you trade.

People already answered - yes, you can scalp with FP Markets. It's actually one of the best brokers to do that actually.

From my experience, FP Markets has definitely been good, their trading conditions have been very reliable even during high volatile events.
Another advantage is that FP Markets is regulated by ASIC so they have to be very compliant, so clients can be rest assured that their funds are safe

Scalping is a short time trading strategy. So, spread is a big matter regrading this kind of strategy. Trader should choose low spread broker for scalping.

Well, I think it's suitable if you don't mind +0.5 extra pips for commission (rt). Otherwise, Fxview is leading imo if looking for low spreads when commission is included.

Xazvier posted:
From my experience, FP Markets has definitely been good, their trading conditions have been very reliable even during high volatile events.
Another advantage is that FP Markets is regulated by ASIC so they have to be very compliant, so clients can be rest assured that their funds are safe

Besides regulation, Scalper needs low spread and fast execution platform without requote. If they provide those they are good for scalping.

Scalping is the strategy which is taken by mostly new traders. They use this strategy to make money quickly from the market.

For any trader, low trading commissions and tight spreads are important considerations.

CanoeMussy posted:
For any trader, low trading commissions and tight spreads are important considerations.

Agree.. People tend to look at spreads without considering the commissions. In most cases there's high on either side, spreads or commission except few brokers including fxview, tickmill, fpmarkets.

Yes, that’s true. FP Markets is a good broker. I have been using it for scalping for the last two years.