Unfortunately, as a UK trader you can’t capitalise on Eightcap’s extensive range of nearly 100 cryptocurrencies given the regulatory restrictions imposed by the FCA. You can also trade with over 15 customisable chart types, including Kagi, Renko, and Point & Figure. For a start, I appreciated the ease with which I could set up alerts on categories like price levels, indicators, and custom indicators simply by clicking on the charts I was using. Spreads are taken from each broker’s website and updated monthly. As an ECN, no-dealing desk broker, Eightcp offers both a Standard Account (commission-free) and a Raw Account (commission-based). Our broker reviews are reader supported and we may receive payment when you click on a partner site.

• Tip for those who have no experienceWe believe that a solid foundation in education and research is essential for every successful trader.
• Scalpers may also be interested to know that the broker’s average execution speed was 9ms last year with a 100% fill ratio which is better than the industry average.
• As long as your trading strategy is not entirely based on the exploitation of price differences across brokers, it will likely be permitted by your broker (always check the terms and conditions, to be sure).
• Remember to carefully consider the specific terms and conditions offered by your broker and evaluate how they align with your trading strategy and preferences.
• Since scalpers target tiny gains, the lowest possible transaction cost, typically found on ECN/Raw Spread accounts, is essential.

Skilling – Best For Execution Speeds

Remember to carefully consider the specific terms and conditions offered by your broker and evaluate how they align with your trading strategy and preferences. The only broker with faster execution speed is BlackBull Markets but they are not regulated in Australia. Scalpers rely on quick trade execution to capitalise on small price movements. Scalping involves making a large number of trades in a short period, so minimising trading costs is crucial. It’s important to remember that the suitability of a trading platform for scalping will depend on any specific requirements and preferences that you have. View our low spread forex broker page where to see how we Everestex review reached our finding of IC Markets having the best value standard account and to see which broker has the cheapest raw account.

By buying a currency with a higher interest rate while selling one with a lower rate, you can earn the difference in rates. Another way to generate returns is through "carry trading," where you profit from interest rate differences between two currencies. Conversely, going "short" means profiting when the first currency weakens against the second.

Minute Scalping Strategy: How To Use It In 2026

Though qualifying as a professional demands a rigorous assessment, all traders benefit from IG’s signal insights via third-party giants like Autochartist and PIA-First. For the pros, IG’s Direct Market Access (DMA) account fetches prices straight from the interbank sector, coupled with IG’s liquidity sources. There is a wide range of trading tools available as well as detailed market research and education resources.

Low trading fees are also important since scalping involves a high volume of trades and fees can accumulate quickly. In scalping, where profits are made from small price movements, delays in order execution can significantly impact trading outcomes. Scalping involves making quick, frequent trades, so a broker that explicitly allows and supports this strategy is essential.

Which Broker Has The Best Speeds For Scalping?

There’s no obligation to opt for an overseas regulator; reputable brokers also operate within your own jurisdiction. There is a high degree of risk involved in trading securities like FOREX, or CFDs, which are highly complex instruments. We selected this broker for its fast and flexible funding options, including bank transfers and card payments. This includes zero-commission accounts and access to trading guides, analysis tools, and industry news feeds.

• Fast order execution is the technology foundation of ECN brokers, and scalping depends on this ability.
• Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.
• His broker reviews are unbiased and independent, and his expertise is sought after for global FX conferences and speaking events around the world.
• For scalpers who rely on rapid shifts in prices for profit, ECN brokers usually provide tighter spreads—often starting from 0 pip.
• This means you may only need to use $10 of your own funds to trade $500 in currency.
• This can happen with some brokers if you are consistently profitable and the broker is unable to manage their risk (as it concerns your account) sufficiently well.

In contrast, an agency broker (or, non-dealing desk model) may fill your trade at a worse price. Worst case, your order will be requoted (when your trade price has been requoted, your broker will notify you and you’ll have the option to reject the new price, canceling the trade). The broker is also adept at handling large orders and offers a wide range of complex order types – important criteria for scalping strategies. Overall, IG is a top choice for scalpers because of its ability to handle large trade sizes along with its robust execution policies. IG also offers a spread-only (commission-free) account for market-maker execution. IG offers a commission-based Forex Direct account for agency execution and connects price feeds from major liquidity providers.

• The process of depositing and withdrawing funds is straightforward and unrestricted, enhancing the ease of financial transactions.
• Interactive Brokers caters to forex traders internationally (forex trading for US traders is only available at IBKR to institutional traders) through an agency broker model (or, “riskless principal” model).
• These brokers offer distinct advantages such as low spreads, high leverage, and a variety of trading platforms.
• The spreads ideal for scalping are raw spreads, starting from 0.0 pips on major currency pairs, plus a small commission.
• Traders can also use trading strategies based on technical analysis, such as breakouts and moving averages (MA), to fine-tune their approach to trading.
• The spot market is the largest of all three markets because it is the underlying asset (the money) on which the forwards and futures markets are based.

Choose Asia Forex Mentor For Your Forex Trading Success

The main advantage of brokers that use STP / ECN style conditions can be summarized by low latency and minimized probability for slippage, no dealing desk, no re-quotes, and fast order execution. These commissions are in line with commission charges from other brokers making them suitable for high-volume traders. The RAW spread accounts average spread on major currency pairs such as EUR/USD of 0.1 pips most of the time, which is one of the best available from brokers worldwide.

This can happen with some brokers if you are consistently profitable and the broker is unable to manage their risk (as it concerns your account) sufficiently well. Trading strategies that try to pick off prices lagging from one broker to the next are typically not permitted at reputable, well-established brokers. That said, it’s important to understand what it means to engage in forex scalping; the term “scalping” can carry different meanings, depending on how you execute your trading strategy.

Essential Features Of A Scalping Platform

• Higher leverage lets traders hold bigger positions with lower capital outlays, therefore increasing the gains from little price fluctuations.
• Educate yourself on scalping strategies and familiarize yourself with your broker’s platform.
• In high-frequency trading, total profitability can be much affected by even a little variation in spreads.
• I’ve found that some brokers may welcome latency-driven strategies but then offer poor execution quality, meaning your orders could get filled at worse-than-expected prices.
• AvaTrades’s commitment to accessibility is evident through the integration of popular platforms like MetaTrader 4 and MetaTrader 5, accommodating a wide range of trading strategies and styles.

Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. If you are to receive the benefit of this regulation, then you must pay attention to where your broker is based. Finally, it is always good advice in any form of trading to diversify your interests and to not expose too much of your portfolio at any one time. Make use of an established broker that can offer you advanced technical tools that guarantee correct and up-to-date information, as well as performance speed. FOREX is a prime candidate for scalping, as are stocks and securities. Finally, understand that scalping is an intense exercise that needs your active attention if you are to be successful.

#1 Best Overall Forex Broker For Scalping: Avatrade

What also stood out with FXTM in our tests is how low their average RAW spreads were, averaging 0.32 pips for EUR/USD, which is lower than the industry average, which was 0.49 pips. We like this because it gives you access to raw market data that you can use to find supply and demand zones, giving your scalps better accuracy. What stood out for us is the Depth of Market tool, which shows you all the pending orders at each price level that the liquidity provider offers. What we like the most about FxPro is the cTrader platform.

• Scalpers also require advanced charting tools with customizable timeframes to analyze short-term price action more accurately.
• To make the 15-Minute strategy work, you need volatility and liquidity.
• The strategy works best in forex trading and is frequently implemented by traders dealing in majors like EUR/USD and USD/JPY.

Alpaca Trading Review

In our broker reviews, we test live spreads across various instruments. High fees can quickly erode profits from small market movements, making it challenging for scalpers to achieve meaningful rewards. After selecting a secure broker for your trading funds, the next crucial step is reviewing the broker’s fees. MT4 and ProRealTime are also excellent and are geared toward high-frequency, algorithmic traders.