Best Scalping Brokers Guide
A Brief Introduction to the Forex Scalping Strategy
Forex trading is about buying and selling currencies. When it comes to buying and selling anything, in order to make a profit, one needs a strategy. There are about 15 different and clearly defined forex trading strategies; from Breakout Trading to Trend Trading. There are long term strategies and short-term strategies. Scalping is a short-term forex trading strategy.
Why Do Forex Traders Choose Scalping?
Once you have decided to become a forex trader, you must then decide whether you will be a positional trader or a day trader; whether you want to adopt a long-term strategy or employ a short-term strategy. With long-term strategies, holding times can last for weeks or months and sometimes years; with short-term strategies, a holding period will last for no longer than a day. Scalping is the shortest of the short-term forex trading strategies, in that the holding period can last anywhere from seconds to minutes, and in some cases up to a few hours. Typically, scalpers use either one-minute or five-minute intervals.
Scalping is fast-paced, requires discipline, a lot of sitting, and intense monitoring and concentration. When trading you must perform technical analysis.
That means you need to understand the chart patterns, candlesticks, etc. and learn how to interpret the numbers, i.e. financial factors and economic indicators. Trading experts say that scalping can be very practical education and training for a beginning trader. The newbie or newcomer will gain insight and an overall understanding of indicators and signals, and in addition, will learn how to act fast.
Traders taking part of forex scalping are typically thought as safe investors because they are willing to forgo great profits to maintain a stable position.
Forex scalper performs a large amount of trades each with a more modest profit.
Do not let the description safe investor mislead you. They refer to it as safe because the investors take their profit and run, within a short period of time. However, a poorly executed strategy can result in a loss. Scalping is still a high-risk strategy. Even so, it is currently the most widely used short-term forex trading strategy among inexperienced and experienced traders. Probably because of the psychology of instant gratification.
Do All Forex Brokers Allow Scalping?
Another thing you need to know about Scalping brokers is that not all forex brokers allow scalping. It's not that it is illegal or unethical.
(NOTE: Although there are some jurisdictions that do not allow it.) It's usually not allowed for 2 prudent business reasons.
The broker doesn't have the tools and they may also not have the experience. In other words, their trading platform may not have the necessary technology to handle the the volume or the speed of the trades, i.e. they don't have the tools.
As a general guideline, the forex broker should offer Electronic Communications Networks (ECN) or Straight Through Processing (STP) for instant trade executions.
Furthermore, the brokerage firm may lack traders who have the competence or skill in that particular style of trading. As mentioned earlier, there are 15 different ways to trade currencies and scalping is only one of those ways. A rule of thumb is to choose the best broker based on your preferred trading style.
Hopefully, this introduction to forex scalping and the additional resources mentioned below help you on your trading journey.
We've collected thousands of datapoints and written a guide to help you find the best Scalping Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best scalping brokers below. You can go straight to the broker list here.
Reputable Scalping Brokers Checklist
There are a number of important factors to consider when picking an online Scalping trading brokerage.
- Check your Scalping broker has a history of at least 2 years.
- Check your Scalping broker has a reasonable sized customer support of at least 15.
- Does the Scalping broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Scalping broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Scalping broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Scalping can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Scalping Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Scalping Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Scalping Brokers of 2021 compared
Here are the top Scalping Brokers.
Compare Scalping Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are scalping brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more scalping brokers that accept scalping clients
| Broker |
IC Markets
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XTB
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FP Markets
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Roboforex
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Pepperstone
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EasyMarkets
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XM
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FXPrimus
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SpreadEx
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Forex.com
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OctaFX
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| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) | Financial Conduct Authority (FCA) |
| Min Deposit | 200 | No minimum deposit | 100 | 1 | 200 | 100 | 5 | 100 | 1 | 100 | 5 |
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| Used By | 60,000+ | 250,000+ | 10,000+ | 10,000+ | 10,000+ | 142,500+ | 70,000+ | 10,000+ | 10,000+ | 150,000+ | 30,000+ |
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| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps | MT4, MT5, Web Trader, cTrader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with icmarkets |
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Up with xtb |
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Up with fpmarkets |
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Up with roboforex |
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Up with pepperstone |
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Up with easymarkets |
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Up with xm |
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Up with fxprimus |
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Up with spreadex |
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Up with forexcom |
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Up with octafx |
| Risk Warning | Losses can exceed deposits | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits |
| Demo |
IC Markets Demo |
XTB Demo |
FP Markets Demo |
Roboforex Demo |
Pepperstone Demo |
easyMarkets Demo |
XM Demo |
FXPrimus Demo |
SpreadEx Demo |
Forex.com Demo |
OctaFX Demo |
| Excluded Countries | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | US, JP, NZ | US, JP | BR, KR, IR, IQ, SY, JP, US | US | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, TR | BE | US |
All Scalping brokers in more detail
You can compare Scalping Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Scalping Brokers for 2021 article further below. You can see it now by clicking here
We have listed top Scalping brokers below.
Scalping Brokers Table of Contents
- Scalping Brokers Explained
- 6 Factors to Consider when Choosing Scalping Brokers
- Are Your Scalping Brokers Trusted And Established?
- Are The Scalping Brokers World Leading?
- What are the Scalping Brokers Commissions and Fees?
- What are the Scalping Brokers Funding and Withdrawl Methods?
- Find Scalping Brokers with Round-the-clock support?
- Make sure the Scalping Brokers Offer Comprehensive Trader resources?
- Why do Scalping Brokers need to be regulated?
- Scalping Brokers FAQ
- What are the best Scalping brokers?
- What is the best Scalping broker?
- Related Scalping Brokers Reviews
- Related Scalping Brokers Alternatives
- Related Scalping Brokers Comparisons
Scalping Brokers Explained
Trading the financial markets with Scalping Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Scalping Brokers is the platform that a Scalping Brokers offer.
Choose Scalping Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Scalping Brokers that you can rely on.
6 Factors to Consider when Choosing Scalping Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Scalping Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Scalping broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
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XTB
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FP Markets
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Roboforex
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Pepperstone
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EasyMarkets
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| Year Established | 2007 | 2002 | 2005 | 2009 | 2010 | 2001 |
| Head Office | Australia | Poland | Australia | Cyprus | Australia | Cyprus, Australia |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) |
| Used By | 60,000+ | 250,000+ | 10,000+ | 10,000+ | 10,000+ | 142,500+ |
| Negative balance protection | Yes | Yes | Yes | No | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | Yes |
| Learn More | Visit IC Markets | Visit XTB | Visit FP Markets | Visit Roboforex | Visit Pepperstone | Visit easyMarkets |
| Risk Warning | Losses can exceed deposits | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk |
Are The Scalping Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. IC Markets Segregates clients funds and offers over 232 instruments. IC Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, IC Markets supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Scalping Brokers is XTB . XTB Segregates clients funds and offers over 4000 instruments.
| Broker |
IC Markets
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XTB
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FP Markets
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Roboforex
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Pepperstone
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EasyMarkets
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| Instruments Available | 232 | 4000 | 100 | 100 | 100 | 200 |
| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
| Excluded Countries | US | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, JP, NZ | US, JP | BR, KR, IR, IQ, SY, JP,US | US |
| Forex pairs offered | 65 | 50 | 60 | 35 | 70 | 150 |
| Forex pairs offered | 65 | 50 | 60 | 35 | 70 | 150 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes | No | Yes | Yes |
| Commodities Offered | 19 | 21 | 18 | 21 | 16 | 12 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | No | Yes | Yes |
| Agricultural | Yes | Yes | Yes | No | No | Yes |
| Stocks Offered | 100 | 1696 | 10000 | 0 | 60 | 52 |
| UK Shares | No | Yes | Yes | No | No | Yes |
| US Shares | Yes | Yes | Yes | No | No | Yes |
| German Shares | Yes | Yes | Yes | No | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | No | No | Yes |
What are the Scalping Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Scalping broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Scalping broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0.
| Broker |
IC Markets
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XTB
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FP Markets
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Roboforex
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Pepperstone
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EasyMarkets
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| Min Deposit | 200 | 0 | 100 | 1 | 200 | 100 |
| Withdrawl Fees | No | varies | No | Yes | No | No |
| Inactivity Fees | No | No | No | No | Yes | No |
| Deposit Fees | Varies | No | Yes | No | No | No |
| CFD Commission Fees | Yes | Yes | Yes | No | Yes | No |
What are the Scalping Brokers Funding and Withdrawal Methods?
When dealing with Scalping Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
IC Markets
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XTB
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FP Markets
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Roboforex
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Pepperstone
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EasyMarkets
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | No | Yes | No |
| Skrill | Yes | Yes | Yes | No | Yes | Yes |
| Payoneer | No | Yes | No | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find Scalping Brokers with Round-the-clock support?
Customer service is very important when dealing with Scalping Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Scalping Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
IC Markets and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
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XTB
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FP Markets
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Roboforex
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Pepperstone
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EasyMarkets
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| Support |
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, German, Arabic, Chinese, Spanish and Polish |
| Learn More | Visit IC Markets | Visit XTB | Visit FP Markets | Visit Roboforex | Visit Pepperstone | Visit easyMarkets |
| Risk Warning | Losses can exceed deposits | 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk |
Make sure the Scalping Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, IC Markets and XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Scalping Brokers need to be regulated?
A regulated Scalping broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Scalping brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Scalping Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account