Quote:
Originally Posted by tymen1
I am trading the GFT platform thro an Introducing broker in Australia.
I have phoned GFT, Australia, and explained my desire to scalp. They told me that I can do whatever I wish, as long as I click on the price shown on the chart.
That then is easy. I can certainly click on their prices and, thus, scalp.
I persisted with my enquiry, and they had no problems with my method of scalping using them as broker.
Hope this helps.
|
Yeah, the whole not allowing scalping thing erupted from some creative methods to trade inside the spread which was depriving the broker of the spread payment. There were even traders selling it as a trading system and made a lot of money by cheating....more or less, and teaching others how to.
Several traders got put on manual orders, and would ***** online that their broker doesn't allow scalping without admitting that they were cheating them in the first place. This happened at several of the mini lot brokers that have fixed spreads so they rely heavily on those as their bread and butter income. For varying spread brokers, like Oanda, the impact wasn't so great.
It seems as though the whole thing has settled down in the last year or two.