Demo Account Guide
Demo Account Guide

Brokers For Scalping Strategy


Many Forex brokers offer their traders a feature called scalping. Scalping is a trading style that specializes in profiting off small price changes, generally after a trade is executed and becomes profitable. It requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains the trader worked to obtain. In short, scalping is a rapid trading style where trader looks for small profits, between 2-5 pips by opening and closing trades that last less than a minute over and over again.

The best scalping Forex brokers offer an opportunity to hold positions for mere seconds and use tight stop-loss orders on them. Some brokers allow scalping in general, but impose some restrictions on scalpers in form of additional commissions, spreads or trade number limits. A list below will show you some brokers allowing scalping for the clients.

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Score Broker Trading Platform Regulation Min Deposit Max Leverage

Additional FAQ

  1. Once the 10 EMA crosses the 50 EMA to the upside, a pending order should be placed about 2-5 pips above the high of the candlestick that appears after the breakout.
  2. The pending order then gets activated if the next candlestick happens to break the high of the previous candlestick. However, if this doesn't happen, just continue to move the pending order above each new high candlestick.
  3. A stop loss should be placed 2 to 5 pips below the low of the candlestick whose high has been broken leading to the activation of the pending order that was placed initially. Alternatively, if there is a swing low point (support level), then it is better to use that as well and simply position the stop loss a few pips outside the support level.
    triple ema strategy buy

Continue Reading at Simple to Follow: Triple EMA Scalping Strategy

This trading style is so popular because it can "instantly" score a profit each time you open a position. With that instant gratification, no wonder every beginner tries their luck with it. 

Continue Reading at How to do Scalping Like a Pro

There are various ways to do this. But the easiest one would be to read various scalping books available in the markets. such as:

  1. Forex Price Action Scalping by Bob Volman
  2. E-mini Dow and Mini DAX Scalping Techniques by Teva Lama
  3. Scalping is Fun! 1-4: The Complete Series
  4. Scalping Trading Top 5 Strategies: Making Money with the Ultimate Guide to Fast Trading in Forex and Options, by Andrew C. Ellis

and many more

Continue Reading at Forex Scalping Books for Aspiring Traders

Scalping and swing trading have distinct differences in terms of trading time. Scalping involves entering and exiting the market within a short period, typically within minutes. In contrast, swing trading allows you to maintain trading positions for several days to several weeks.

Continue Reading at Scalping or Swing Trading, Which One to Choose?