boltushkin Posted December 29, 2022 Share Posted December 29, 2022 I'm a scalper, and for me, the best condition to scalp is using a good broker that has tighter spreads with faster executions which is why I trade with Hotforex. And the advantage of using Hotforex is that they offer some of the lowest commission costs and slippage. Quote Link to comment Share on other sites More sharing options...
ParkChoi Posted January 3, 2023 Share Posted January 3, 2023 As a scalper, I prefer trading with a broker that provides certain conditions such as lower spreads, high leverage, and a minimum commission cost. I find FP Markets to provide some of the best trading conditions since their spreads average around 0.1 to 0.3 pips in most major currency pairs with a higher leverage of 500:1 and a lower commission cost of $3 per lot. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted January 11, 2023 Share Posted January 11, 2023 On 1/3/2023 at 7:39 PM, ParkChoi said: As a scalper, I prefer trading with a broker that provides certain conditions such as lower spreads, high leverage, and a minimum commission cost. I find FP Markets to provide some of the best trading conditions since their spreads average around 0.1 to 0.3 pips in most major currency pairs with a higher leverage of 500:1 and a lower commission cost of $3 per lot. When we are doing Scalping based trades the income we are going to get will also get Improved. Quote Link to comment Share on other sites More sharing options...
AndrewJ Posted January 17, 2023 Share Posted January 17, 2023 The best condition for scalping for me will be tight spreads and faster execution speed, which is why I trade with FP markets their spreads average from 0.1-0.3 pips with an execution speed of 30 Ms. Quote Link to comment Share on other sites More sharing options...
ThomasFernandez Posted January 18, 2023 Share Posted January 18, 2023 Even I trade with FP Markets mainly for its lower spreads, especially in EURUSD where is drops to 0.0 pips for most parts of the day and the commission cost is lower at $3 per lot which is lower when compared to other similar ecn brokers. Quote Link to comment Share on other sites More sharing options...
Günter Posted January 19, 2023 Share Posted January 19, 2023 It is important for scalping that there are few commissions and that the spread is narrow and does not increase unexpectedly. Quote Link to comment Share on other sites More sharing options...
Ritesh.R Posted February 3, 2023 Share Posted February 3, 2023 Since the USD has the biggest trading volume, the ideal period to trade any major currency pairings is typically during the opening few hours of the New York trading session and traders don't keep an eye on the charts when the currency market is closed. Quote Link to comment Share on other sites More sharing options...
Paul12 Posted February 22, 2023 Share Posted February 22, 2023 Scalpers may tackle the challenges of this period by using three technical indicators designed specifically for short-term opportunities. Scalping tactics operate best when the intraday tape is strongly trending or range-bound; they don't perform so well when there is disagreement or uncertainty. Quote Link to comment Share on other sites More sharing options...
James Mcgrant Posted July 27, 2023 Share Posted July 27, 2023 In my opinion, the best conditions for sclaping are tight spreads and faster execution. Which is why I trade with FP markets, where the spreads are tighter starting at 0.0 pips and the execution speed is 26 ms. Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 1, 2023 Share Posted August 1, 2023 If we can work discipline with scalping trading, this is also possible to make multiple profit from trading day by day, choose reliable broker with low spread and pair will gives more benefit of course. I also like scalping with using FXOpen broker which also including low spread broker from 0.0 pips, even possible gets negative spreads on TickTrader platform. If you are not familiar with TickTrader, this is trading platform designed for ECN broker Quote Link to comment Share on other sites More sharing options...
Leander Posted August 16, 2023 Share Posted August 16, 2023 I have been using the same broker for over two years for scalping, and so far it seems to be going pretty well. The spreads move around from 0.2 to 0.3 pips, with a faster execution of 26 ms. Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 16, 2023 Share Posted August 16, 2023 For scalping trader, choosing a broker is a matter for better trading conditions, there are types of dealing desks and no dealing desk broker, for a scalping trader choosing no dealing desk broker has better trading conditions for scalping because the spread is tight and no requote problems. Traders can open and closed orders in minutes. FXOpen is ECN broker that included no dealing desk broker. Quote Link to comment Share on other sites More sharing options...
nanamage Posted November 13, 2023 Share Posted November 13, 2023 Apart from low spreads, quick orders, high leverage, and minimal slippage, other important conditions for successful scalping involve having a reliable internet connection, a responsive trading platform, and access to real-time market data. Efficient execution and fast decision-making are super important for scalpers, so being in a stable environment and understanding market conditions well is a big deal. It's also crucial to choose a broker with good customer support like FreshForex, because quick assistance can be a game-changer in fast-paced trading situations. Quote Link to comment Share on other sites More sharing options...
radex78 Posted November 13, 2023 Share Posted November 13, 2023 Scalping is a short-term trading strategy that takes profits only in the range of 5-20 pips, and they take advantage of price waves in low time frames. This is much more profitable by choosing a low-spread broker like FXOpen and choosing pairs that on average have tight spreads on average. -high daily moving averages such as EURUSD, GBPUSD, AUDUSD, and other major pairs. However, scalping strategies may not be suitable for everyone because they can cause emotions to rise if you always make mistakes in determining entry points. Quote Link to comment Share on other sites More sharing options...
eshal Posted November 23, 2023 Share Posted November 23, 2023 FreshForex is a solid choice for traders into news trading and scalping strategies. To make scalping strategies profitable, customers can snag Rebate bonuses and get compensation of up to 20 USD for every closed transaction. Quote Link to comment Share on other sites More sharing options...
radex78 Posted November 23, 2023 Share Posted November 23, 2023 Scalping trading usually traders choose small time frames such as M15 or M5, some even use M1, scalping experts are also good at making trading robots, including developing scalping ea with the advantage of being able to do multitasking, but not all brokers allow HFT or high frequency trading because it can make their server becomes slow, at FXOpen, traders can use HFT trading, for scalping traders trading is free without restrictions Quote Link to comment Share on other sites More sharing options...
boltushkin Posted December 23, 2023 Share Posted December 23, 2023 In my opinion, the best conditions for sclaping should include tight spreads and fast execution. Which is why I trade with Hotforex, where the spreads are tighter starting at 0.0 pips and the execution speed is less than 50 ms. Quote Link to comment Share on other sites More sharing options...
radex78 Posted December 29, 2023 Share Posted December 29, 2023 Scalping traders should pay attention when trading in low liquidity if trading use an ECN broker like FXOpen because this is included in the Non-Dealing Desk broker that uses variable or floating spread. Typically the spread is tight from 0.0 pip, but usually when holiday the market or when news with high impact is in low liquidity the spread could be higher, the best time for scalping is London overlapping the New York Session, In this session often the spread is start from zero mainly major pair like EURUSD Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted January 1 Share Posted January 1 On 12/23/2023 at 11:25 PM, boltushkin said: In my opinion, the best conditions for sclaping should include tight spreads and fast execution. Which is why I trade with Hotforex, where the spreads are tighter starting at 0.0 pips and the execution speed is less than 50 ms. When we are doing scalping based trades we will need to remember that the timings into the markets are very important for us and we have to be careful about them. Quote Link to comment Share on other sites More sharing options...
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