Best Scalping Forex Guide
Updated December 02, 2021
What is Scalping in Forex?
Fundamentally, Forex scalping is a trading style that entails high frequency trading and favors a high quantity of trades being executed in a short period of time as opposed to the quality of the trades being executed.
Scalping is a more extreme form of day trading in which a currency pair is bought & sold within a short span of time. The traders usually use excessive leverage and big position sizes to make quick profits on even the smallest movements of a currency pair.
Unlike normal trading, where a reasonable take profit level is selected, scalping only targets a couple of pips at most such as 1 pip, 2 pip, 5 pip, 10 pip, and so on. Most of the time, it is not more than 20 pips, as anything more than that goes against the very nature of scalping.
In normal conditions, one can not make any reasonable gains from 10-20 pips. However, a trader can maximize the gains by using big position sizes with the help of leverage. However, the usage of excessive leverage carries a great deal of risk. That's why scalping is considered a precarious form of trading.
The idea with FX scalping is you spot an opportunity, you dive into the trade quickly, trading in fast and short bursts very aggressively and you’re out of the trade just as quick - whether you are right about the trade or wrong. The key to scalping is that you will want to trade consistently and with a lot of frequency.
The best scalpers in the day-trading world can execute upwards of 50 trades or more per day, and are making small profits on each one of those trades as opposed to holding on to a single trade for an extended period of time and hoping for large profits off of one or two trades.
Costs and Benefits Associated with Scalping
There are a few costs and benefits associated with scalp trading and we’ll attempt to cover most of them here for you. One of the first concerns that may come to mind is the spread. The spread is the cost that you pay to execute any particular trade, and those will obviously add up if you’re trading with a higher than average frequency as you would do with scalp trading.
Most of the time traditional brokers and trading platforms have a tight spread is when volatility increases, so try to trade at peak trading hours when the market is at its highest populated time. This will render the spread a negligible cost to you, allowing you to scalp more profits than you would be able to normally if volatility on the market was low and thus the spread being wider.
One caveat to say is that scalp trading is a very challenging way to trade. Scalp trading will heavily stimulate your mind and since you need to be laser focused on the trading task at hand for a long period of time, you will have to strain your eyesight. In exchange for accepting such a challenge, the obvious benefit is that scalp trading may be very lucrative for you if you’re executing trades appropriately and with utmost precision.
Approaching Scalping Carefully
First you will want to choose currency pairs that are most liquid. Typically you’ll find these currencies to be the likes of USD/EUR, USD/GBP, USD/AUD, USD/JPY, and so on. As mentioned before, the most liquid trading pairs will offer you the most negligible spread costs so that you may scalp more off of the trading top.
You should then proceed to align yourself with one bias. What this means is that since the market is a certain position relative to the week or the day, whatever it may be, you may want to align yourself with a long or short themed bias depending on how you think that currency will perform overall for the coming week or day.
Rather than alternating between long or short biases, choose one and stick with it. For example you can say, “okay, I will align myself long now for the next hour, or until I get to a certain price”, and you will then proceed to scout your potential trades around that theme.
Another tendencies that all great Forex scalp traders possess is that they are very quick to exit out of trades. Simply put, you cannot scalp trade if you are not quick to exit out of your trades.
As a scalper, you will have many losses on trades that you execute as that’s just part of the scalping strategy, so it’s best to set relatively high stop-losses. The worst mistake a scalper can make is holding on to one or two major losing trades that will eat into any profits that they can potentially make that day.
As a scalper you shouldn’t let greed get the best of you. This may be a bit broad, but most good scalpers will be looking to make 6-12 price interest points (pips) on any given trade that they make, and will set a stop-loss at no less than 12 pips.
Timeframe For Scalping
As scalping is all about quick enter and exit of trades, it is preferred to use minute charts such as 1 min, 5 min, 10 min, 15 min, etc. Timeframes such as 30 min, 1 hour, daily and weekly are not suitable for scalping as the profit targets and volatility increases with the increase in the timeframe.
Some experienced traders even use tick charts for trading different financial instruments.
High Leverage
A position size of 0.10 lot means that a trader can gain $1 from 1 pip. Let's assume our target is 5 pip. In this situation, a trader may earn around $5 from one trade which is not much. That's where the use of high leverage comes into play. Most scalpers use high leverage such as 1:100, 1:200, 1:500, and even more to open a trader with large position size. This allows the profit to become large while the target stays the same (5 pips).
However, there is another side to high leverage. While it increases the profit potential, it also increases the potential losses. So the use of high leverage can be considered a double-edged sword as it can both protect and cut you at the same time.
Stop Loss
The game of scalping is all about being fast and making quick decisions. A scalp trade can last anywhere from a few seconds to a few minutes. With so little time, a trader usually doesn't have the time to set a stop loss. So the traders usually set a mental stop loss at which they will manually close a position in loss.
There is another reason for not using hard stops. Selecting an SL can result in excessive losses as the price can move up and down a lot on the shorter timeframes. To avoid whiplash, most traders do not select an SL. While this strategy ensures that high volatility does not hit the SL, it can also result in a massive loss in case of a strong trend in the opposite direction.
Take Profit
One of the main characteristics of scalping is small profit targets. In the case of currency trading, the take profit for scalping must be below 20 pips. A trader can target anywhere from 1 pip up to 20 pip depending on the market condition and volatility levels.
To quickly exit a trade, there are two ways. The first way is to specify a take profit level on the trading platform. The second way is to look at the charts like a hawk and quickly close the trade manually.
For maximizing the profit potential, most traders use excessive leverage, which is a risky practice.
Manual Trading Vs. Automated Trading
Today, many different algorithms and expert advisors (EA) are available for MT4 and other trading platforms. These tools come with a prebuilt trading strategy and only require a few input values from the users. Once the inputs are provided, the EA can open, close, and manage the trade on its own in a fully automated fashion. For scalping, many different expert advisors are available, which make tall claims of insane profits.
However, automated trading is not a quick-rich scheme. In most cases, it is a quick poor scheme as traders lose their capital by using such systems. The reason for the poor performance of automated systems is that they can not adapt to the ever-changing trading environment.
A better option is manual trading which is done by a real human & not a machine. In manual trading, a trader can decide whether it is appropriate to enter a trade. Similarly, he can decide when to exit a position depending on the circumstances.
Indicators For Scalping
In scalping, time is of the essence as trades need to be opened and exited within a short span of time. To make an informed decision within a short span of time, a trader needs a few indicators to understand the market conditions.
Commonly used indicators for scalping are:
- Exponential Moving Average (Trend)
- RSI (oversold & overbought conditions)
- Bollinger Bands (For volatility)
Indicators For Scalping In Practice
There are a few solid, real-world trading strategies you can employ as an up and coming scalp trader. By tracking specific market technicals and indicators, you can put yourself in the best possible position to perfect your Forex scalp trading techniques.
Ichimoku trading
The Ichimoku trading strategy, also known as the Ichimoku cloud was first made famous by a Japanese journalist by the name of Goichi Hosoda and has withstood the test of time as to this day it is a popular analysis tool used by day-traders and scalpers alike. The Ichimoku cloud is an analysis tool that gives you indicators on the different available levels of support and resistances in a trend, the direction the trend may be headed in and its momentum.
Inside bar
The inside bar pattern is a two-bar strategy where smaller and within the confines of the high to low range of the prior bar. In other words, the high is lower than the previous bar high and the low is higher than the previous bar’s low. You’ll find this indicator helpful in conjunction with other indicators, especially if you’re trading a highly volatile currency where the market trend may reverse itself in mere seconds.
T-line scalping
T-Line trading is a labile and most importantly a reliable investing method that will benefit many scalp traders. Simply put, the T-Line is defined as the 8-day exponential moving average, also known as the 8 EMA.
Using the 3 aforementioned indicators in concert will put you in a tremendous advantage and in a good position to succeed as a new scalp trader. Feel free to research and read-up on the indicators listed above to get a better grasp as to how to use them in your up-and-coming scalping strategy.
We've collected thousands of datapoints and written a guide to help you find the best Scalping Forex 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 forex below.
Reputable Scalping Forex Checklist
There are a number of important factors to consider when picking an online Scalping Forex trading brokerage.
- Check your Scalping Forex broker has a history of at least 2 years.
- Check your Scalping Forex broker has a reasonable sized customer support of at least 15.
- Does the Scalping Forex 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 Forex broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Scalping Forex broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Scalping Forex 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 Forex.
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 Forex.
- 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 Forex of 2021 compared
Here are the top Scalping Forex.
Compare Scalping Forex min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are scalping forex. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more scalping forex that accept scalping forex clients
| Broker |
XTB
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IC Markets
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AvaTrade
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Roboforex
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Pepperstone
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XM
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FP Markets
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FXPrimus
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EasyMarkets
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SpreadEx
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Admiral
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| Regulation | 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), 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 | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) |
| Min Deposit | No minimum deposit | 200 | 100 | 1 | 200 | 5 | 100 | 100 | 100 | 1 | 200 |
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| Platforms | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
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Up with xtb |
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Up with icmarkets |
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Up with avatrade |
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Up with roboforex |
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Up with pepperstone |
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Up with xm |
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Up with fpmarkets |
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Up with fxprimus |
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Up with easymarkets |
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Up with spreadex |
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Up with admiralmarkets |
| Risk Warning | 74% 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 | 71% of retail investor accounts lose money when trading CFDs with this provider | 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 | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
| Demo |
XTB Demo |
IC Markets Demo |
AvaTrade Demo |
Roboforex Demo |
Pepperstone Demo |
XM Demo |
FP Markets Demo |
FXPrimus Demo |
easyMarkets Demo |
SpreadEx Demo |
Admiral Markets Demo |
| Excluded Countries | US, IN, PK, BD, NG , ID, BE, AU | 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 | BE, BR, KP, NZ, TR, US, CA, SG | US, JP | BR, KR, IR, IQ, SY, JP, US | US, CA, IL, KR, IR, MM, CU, SD, SY | US, JP, NZ | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US | US, TR | US, CA, JP, SG, MY, JM, IR, TR |
All Scalping forex in more detail
You can compare Scalping Forex 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 Forex for 2021 article further below. You can see it now by clicking here
We have listed top Scalping forex below.
Scalping Forex Table of Contents
- Scalping Forex Explained
- 6 Factors to Consider when Choosing Scalping Forex
- Are Your Scalping Forex Trusted And Established?
- Are The Scalping Forex World Leading?
- What are the Scalping Forex Commissions and Fees?
- What are the Scalping Forex Funding and Withdrawl Methods?
- Find Scalping Forex with Round-the-clock support?
- Make sure the Scalping Forex Offer Comprehensive Trader resources?
- Why Scalping Forex needs to be regulated?
- Scalping Forex FAQ
- What are the best Scalping forex brokers?
- What is the best Scalping forex broker?
- Related Scalping Forex Reviews
- Related Scalping Forex Alternatives
- Related Scalping Forex Comparisons
Scalping Forex Explained
Trading the financial markets with Scalping Forex 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 Forex is the platform that a Scalping Forex offer.
Choose Scalping Forex that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Scalping Forex that you can rely on.
6 Factors to Consider when Choosing Scalping Forex
Follow these five rules for selecting a broker that's right for you:
Are Your Scalping Forex 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 Forex broker is XTB. Established in 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 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 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 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa regulatory bodies.
| Broker |
XTB
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IC Markets
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AvaTrade
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Roboforex
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Pepperstone
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XM
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| Year Established | 2002 | 2007 | 2006 | 2009 | 2010 | 2009 |
| Head Office | Poland | Australia | Ireland | Cyprus | Australia | Cyprus |
| Regulation | 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), 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 | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) |
| Used By | 250,000+ | 180,000+ | 300,000+ | 10,000+ | 89,000+ | 3,500,000+ |
| Negative balance protection | Yes | Yes | No | No | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit XTB | Visit IC Markets | Visit AvaTrade | Visit Roboforex | Visit Pepperstone | Visit XM |
| Risk Warning | 74% 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 | 71% of retail investor accounts lose money when trading CFDs with this provider | 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 Forex World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. XTB Segregates clients funds and offers over 4000 instruments. XTB offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the XTB platform enables access to a variety of financial markets worldwide. XTB 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 Forex is IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
XTB
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IC Markets
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AvaTrade
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Roboforex
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Pepperstone
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XM
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| Instruments Available | 4000 | 232 | 1250 | 100 | 100 | 1000 |
| Platforms | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
| Excluded Countries | 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 | BE, BR, KP, NZ, TR, US, CA, SG | US, JP | BR, KR, IR, IQ, SY, JP,US | US, CA, IL, KR, IR, MM, CU, SD, SY, PT |
| Forex pairs offered | 57 | 65 | 55 | 35 | 70 | 80 |
| Forex pairs offered | 57 | 65 | 55 | 35 | 70 | 80 |
| 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 (availability subject to regulation) | Yes | Yes | Yes | No | Yes | No |
| Commodities Offered | 21 | 19 | 17 | 21 | 16 | 15 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | No | Yes | Yes |
| Agricultural | Yes | Yes | Yes | No | No | No |
| Stocks Offered | 1696 | 110 | 1000 | 0 | 60 | 160 |
| UK Shares | Yes | Yes | Yes | Yes | No | No |
| US Shares | Yes | Yes | Yes | Yes | No | No |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | No | Yes |
What are the Scalping Forex Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Scalping Forex broker XTB offers competitive offers for Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0.
Another top rated Scalping Forex broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
XTB
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IC Markets
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AvaTrade
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Roboforex
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Pepperstone
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XM
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| Min Deposit | 0 | 200 | 100 | 1 | 200 | 5 |
| Withdrawl Fees | varies | No | No | Yes | No | No |
| Inactivity Fees | Yes | No | No | No | Yes | Yes |
| Deposit Fees | No | Varies | No | No | No | No |
| CFD Commission Fees | Yes | Yes | No | No | Yes | No |
What are the Scalping Forex Funding and Withdrawal Methods?
When dealing with Scalping Forex having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
XTB
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IC Markets
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AvaTrade
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Roboforex
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Pepperstone
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XM
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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 | No | No | Yes | No |
| Payoneer | Yes | No | Yes | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find Scalping Forex with Round-the-clock support?
Customer service is very important when dealing with Scalping Forex.
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 Forex customer support can include Phone answering services, Live chat support and Email customer service support.
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
XTB and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
XTB
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IC Markets
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AvaTrade
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Roboforex
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Pepperstone
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XM
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| Support |
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| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | 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 | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish |
| Learn More | Visit XTB | Visit IC Markets | Visit AvaTrade | Visit Roboforex | Visit Pepperstone | Visit XM |
| Risk Warning | 74% 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 | 71% of retail investor accounts lose money when trading CFDs with this provider | 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 Forex 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, XTB and IC Markets 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 Scalping Forex needs to be regulated?
A regulated Scalping Forex broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Scalping Forex 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 Forex List
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, 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
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer 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, 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, 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, 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
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
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
