I’ve been pulling out my hair lately trying to find a good broker I can scalp with. I’ve been trying a ton of demos out. I really liked the cTrader platform, and wanted to trade with IC Markets, but they don’t allow Japanese OR USA clients (I am both of these, but live in Japan). Other brokers I was recommeded were Pepperstone, MaxFX, and Tickmill, but they also wont accept me. At the moment, my options are Yadix and Tradeview.
Anyone else have any recommendations on who I should check out? All I want is a great spread and cheap commissions, I’m not so interested in other features like news or training.
Edit: Everything below:
TradersWay has cTrader, but the comms are a bit on the higher end ~$6.50 for 1 lot EURUSD round trip.
OctaFX has 0 commission cTrader, but spreads are huge and I don’t think it’s an ECN broker.
FxOpen has the probably the 3rd tightest spreads (behind IC Markets and Tradeview). Commissions are pretty cheap too. Roughly $3.90 round trip EURUSD. BUT the website is often down, and withdraw/deposit fees suck. They do have nice plugins for MT4, although I really dislike the dated interface.
So at the moment I’m leaning towards FxOpen if I can survive that platform, or TradersWay with its steeper costs.