Is FP Markets suitable for scalping ?

All the same scalping is a good way to make money. But there is also a danger of losing them quickly.

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.

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.

Yes it does, no problem.

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.

Commission are quite higher than I expected but yea it seems good, could go for other broker who offer lower commission

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.

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.

You can check the spreads and commissions of the broker to see if they suit your trading style and strategy.

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.

Yes, For me, FP markets have been really suitable for scalping because of their tight spreads and faster execution speed.

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.

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.

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.