Forex Brokers that allow Scalping

What is scalping?

Scalping – (also known as “snipping”, “churning”) – is a fast-paced trading style where a trader seeks very small profits (usually 2-5 pips) by repeatedly opening & closing trades, which usually last less than a minute.

Forex broker scalping policies – what to expect?

 

All Forex brokers allow occasional scalping. If your broker doesn’t tolerate even a single quick trade, there must be something wrong with company’s way of conducting business. There is no reason to deny a scalping order, even a few of them in a row, since it’s normal for a trader to quickly adjust/change positions if he/she no longer believes that a trade is going to do well.

Most of Forex brokers these days will allow regular scalping, non-aggressive style, which means a trader will have long-term trades along with short lived trades once in a while. It shouldn’t, however, be assumed that every broker allows regular scalping. Therefore it’s traders’ responsibility to check broker scalping policies, client agreement and if necessary, chat/call/email to a broker with questions about clarifying scalping policies.

Some Forex brokers will fully allow and welcome scalpers. Such brokers are found among DMA brokers and ECN brokers.

Forex brokers that allow scalping with no known restrictions:

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Forex brokers that control scalping and apply restrictions based on scalping activity

Forex broker scalping
10Markets – scalping is allowed, but monitored.

ActivTrades – micro-lot trading service may not be compatible with all scalping techniques, and may therefore be temporarily or permanently removed from the concerned accounts after proper notification. Scalpers are welcome to trade on Interbank accounts.

AFX Capital – scalping is allowed on EA scalping accounts.

AGEA – the maximum number of short-term positions (shorter than 5 minutes) a trader can have in a 4-hour period is 10. If a trader closes more than 50 short-term positions or more than 200 total positions in 7 consecutive days, the trader’s account will be temporarily prevented from sending new orders into the market.

AL Trade – we consider scalpers somebody who systematically pip hunts below 2-5 pips on average. Since it is difficult to cover such positions in the market, we would need to increase the spreads or apply trading limits for clients with permanent scalping strategies. Accordingly spread and order levels will be increased on your trading account according to Article 3.5 of AL Trade Customer Agreement Annex B.

Alpha Capital Markets – scalping is allowed, but monitored.

C.I.M. Banque – we have no problem with scalpers as we do have a huge liquidity. However, above a “5 million transaction”, we would prefer to talk to you before to understand exactly how you work.

CMC Markets – don’t totally restricts, but actively discourages scalping.

CornerTrader – scalping is allowed, but is monitored.

Easy-Forex – Time limit for closing positions is 30 seconds.

eToro – minimum time to stay in a trade is 5 minutes.

FIBO Group – allows the use of scalping, unless your strategy does not breach trading rules of the company.

Finotec Trading Inc – scalping is possible, but not entirely tolerated.

Forex Club – scalpers requesting many of quotes without executions will be put you on the bottom of the list and receive lesser priority.

HYCM – scalping is allowed but it is monitored.

ICM Capital – scalping allowed, but monitored.

InstaForex – P. 3.14.6. Orders that have not more than 2 minutes left before being closed (or the time left before a lock order is executed) can be canceled by the Company.

FXBM – scalping is monitored.

FXOpen – you can scalp but most of your positions should open for at least 1 minute.

IKOFX – Scalping techniques less than two minutes are prohibited, all trades are required to be held at least two minutes or longer. Penalty may cause profits and rebates to be forfeited.

MEX Group – scalping and EAs are allowed on special accounts only. Where scalping is defined as: “opening and closing trades within 120 seconds, where such trades constitute more than 25% of total trades”.

Nexsus Financial Markets – scalping is allowed, but is monitored.

NoaFX – scalping is allowed on Pro accounts. Scalping is prohibited on Ultra accounts, where scalping is defined as “have a holding period of less than 4 minutes and/or have Take Profit levels of less than 3 pips”.

One Financial Markets – scalping is allowed, but it’s monitored.

Price Markets – scalping is allowed on Dynamic MT4 & ECN accounts only.

Profiforex – scalping is allowed, but it’s monitored.

Real Trade – Market orders closed in a 60 second period (or before the 5th tick) from the moment of opening an order are subject to cancellation. Orders longer that 1 minute are fine.

SuperForex – Scalping is allowed, but monitored.

Windsor Brokers – at Windsor we tend to give our client to use the trading strategies that suits their need and if the client trading strategies is considered inappropriate our unprofessional the client is officially advised before taking any action concerning his account.

 

Forex brokers that don’t allow scalping

Abshire-Smith (except for DMA accounts)ACM Gold

AGM Forex (non-ECN accounts)

AmigaFX

AvaTrade

BelforFx

Capital Index

CAPPROFX

ContinentalFX

Deltastock AD

eToro

FCI Markets

Forex Corporate (except for VIP accounts)

ForexCTForexYard

Forex Global Market (FXGM)

Gallant Capital Markets (GCMFX)

GCI Financial (all accounts except ECN)

InterTrader

INTFX

Markets.com

One Financial Markets

Plus500

TFIFX

Trade12

TraderNovo

USGFX

Wenn Markets

 

MT4 one-click trading improves scalping experience

With resent addition of one click trading to MT4 (since early 2013, MT4 terminal platform build #482), scalping has become more efficient for MT4 users who prefer manual trading.
Further details at: MT4 Forex brokers

Opinions about Scalping in Forex

Many believe that scalping is one of the best, sometimes easiest way, to profit in Forex. 100% of traders at some point tried scalping.
Professional traders, however, in their majority won’t consider scalping as their prime Forex strategy, because despite all beliefs, manual scalping is a hard work, while automated scalping is often detected and banned by Forex brokers.

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