which forex brokers allow scalping ?
Most Forex brokers are Market Makers who make their money from the spread and trade against their clients. That means that scalpers are not welcome because they can’t make money from your short-time trades. In fact, many brokers will close your account if you scalp too much.
There are some Market Makers who don’t mind scalpers, and I’m sure someone else will be able to tell you which ones as I don’t scalp.
An ECN broker like EFX: Experience Forex Freedom makes their money from commissions and doesn’t trade against their clients. They welcome scalpers.
Terry
I ask the broker directly in a phone call whether they allow scalping.
In surprise I found that quite a few people do not know what you mean. You have to explain this term to them and explain what you are trying to do.
I have asked this question of CMC markets, GFT forex and Hallifax and Kinetic Securities in Australia. They all say basically the same thing - if the price is on the chart and you click it, then it is a legitimate trade.
They say it does not matter if you only make one pip - as long as they make their spread - which they will if you are clicking on their prices ! 
But how many times, and at what leverage? Again there is no problem - as many times as you like - just click on the prices on the chart is their reply.
Everyone who knows me on this forum knows that I specialise in scalping.
I think that these are fair answers and I have not had a problem in this area with my broker. Too many rumours float around, I think.
what borker you are using?
and further i wanted to ask what defines as scalping ?
i mean if you SL/TP levels are 10 pips away, is it still scalping ?
how many pips differnece will be called as scalping ?
will every one have its own definition when it comes to scalping ?
You’re right, Tymen, the term “scalping” means different things to different people.
I’ve always heard scalping described as being in the market for a very short period of time (usually less than 5 minutes) and grabbing between 1-10 pips per trade, making several trades per day. That’s what I think of when I hear the word scalping.
As far as I’m concerned, if a broker is honest and truly making their money from the spread without trading against their clients, then scalping shouldn’t be a problem. The only brokers who are against scalping are those that are trading against their clients, and those are the brokers to avoid anyway.
Terry
You really need to learn to do some research on your own, as Tymen mentioned in one of your other threads.
A quick search for “forex scalping” on Google brought up hundreds of pages for review. Here are two of them:
Forex Scalping : Online Forex Trading
Forex Brokers that Allow Scalping: Research and Results | Forex strategies revealed
Make the effort to research some things on your own and you’ll find that you actually learn a lot more than if someone just hands you the answer.
Terry
To In2Blues :
Thank you for your support by saying the following :
You really need to learn to do some research on your own,
When I saw the multiple question, I thought…Oh no, not another one of these questions requiring an involved comprehensive answer. :eek:
You came to my rescue! 
Having been on this forum for some time, I have taken pains to answer some questions in detail. This takes time.
Then the next day or so, a brand new poster comes to the forum and suddenly posts exactly the same question all over again…aaarrrrgggghhhh :mad:
After a while you get sick of the same questions and then let someone else answer them. 
Than you also for that wonderful hyperlink about brokers that allow scalping - I have added it to my favourites section and have learnt from it.
Glad to help, Tymen.
I, too, find the constant repetition of the same questions annoying, to say the least.
While I can understand newbies wanting answers, it never ceases to amaze me how little time most people are willing to put into actually find what they’re looking for on their own. Instead, most people want things handed to them with no effort on their part and will simply post a question (for the umpteenth time) instead of taking a few minutes to search the forums and see if it’s already been answered.
I once saw a question asked right below the answer to that question, which was asked by someone else two posts above!! All the person had to do was take a minute to read a post and he would have had the answer without wasting precious forum space. :rolleyes:
It’s no wonder forum veterans get a little testy with newbies.
Terry
what you people should do… (apart from stop whining) is to make a sticky topic with answers to all the repetitive questions … sounds good ?
It’s no wonder forum veterans get a little testy with newbies.
…In2Blues
Exactly !!
I am not familiar with this American term but it sounds like a good idea.
Interesting attitude from someone who expects others to help him. I’ll remember that.
It’s not a matter of whining, it’s having to deal with lazy people who want everything handed to them without doing any work for themselves.
Not every newbie is that way, of course. Some just don’t know how forums work, which is why we steer them to the search feature.
It’s the others – the ones who continue to ask questions that are answered in numerous places – that we’re talking about.
Yes, it does sound good. However, we’re not moderators or administrators, so we can’t do it.
Besides, that’s what the free school is for – to help those wanting to actually learn something instead of having it given to them with no effort.
Terry
Here here!
it doesn’t hurt if you search first right…
although, sometimes newbs doesn’t always know what to search for, and looking for words to use for the search engine is somewhat frustrating…
btw, thanks for the links 
What good would that do? Didnt you read that newbies ask the same questions on the same PAGE?
None, find a new strategy.
Oanda allows scalping
MB Trading is an ECN and encourages all types of trading.
“All trading styles are encouraged, including scalping! The trading style you choose is your decision and we will not interfere.”-- MB Trading
And why not if your and ECN and your profit truly comes from every trade whether win or loose becasue you only work from commissions.
Also they have the best spreads (3-4 on GBP/JPY) and offer Micro lot trading!
It’s a no brainer for the scalper.
Mike
I trade with Online Stock Trading | MB Trading Direct Access Brokerage Firm
They are an ECN. THERE IS NO FIXED SPREAD IN FOREX.
You can google and find out what I really think about “FIXED SPREAD BANDITS”.
I’ll leave it at that so I don’t get banned.
How do I avoid the spread?
I explained this to someone yesterday in an IM.
With EFX you pay a commission rather than having a “FIXED SPREAD”.
It’s “apples and oranges” so don’t try to compare. “THE MATRIX HAS YOU” and you need to “FREE YOUR MIND” to understand what I am about to explain.
Let’s say the current bid/ask is 1.5010 x 1.5015
The current spread is 5 pips.
You want to SHORT.
You SHORT at 1.5010.
You set a TP at 1.5005.
Bid/Ask becomes 1.5005 x 1.5009 and the current spread is 4 pips.
At EFX, you will get filled if the bid is 1.5005 and someone TAKES your offer.
Bid/Ask is now 1.5004 x 1.5009 and YOU HAVE YOUR PROFIT.
Note: the ASK never reached 1.5005. THIS IS IMPORTANT!
If you entered this order at a FIXED SPREAD BANDIT, whoops I mean broker, your order is STILL OPEN!!
The bid/ask must become 1.5000 x 1.5005 and your order HITS the Ask.
DO YOU GET IT?
If not, then read this over and over and over again until the LIGHT BULB goes off!!
The day I found out about EFX is the day I opened an account there and stopped trading with FIXED SPREAD BROKERS.
The simplest thing to do is to load up a demo account at EFX Group and see it with your own eyes.
When you place your TP Bid offer at 1.5005, your bid is displayed on Level II.
The point is with EFX your offer gets hit.
With FIXED SPREAD BROKERS you have to wait to hit their offer.
Maybe this might help:
First:
1.5010 x 1.5015
and price drops…
1.5009 x 1.5014
1.5008 x 1.5013
1.5007 x 1.5013
1.5006 x 1.5012
1.5006 x 1.5011
1.5005 x 1.5011 You may get hit
1.5005 x 1.5010 You may get hit
1.5004 x 1.5009 YOU COVERED 5 PIP GROSS PROFIT
AND LET’S CONTINUE
1.5003 x 1.5008
1.5002 x 1.5007
1.5001 x 1.5006
1.5000 x 1.5005 YOUR FIXED SPREAD BROKER FILLS YOUR ORDER.
Does that make it clearer??
What about the commission cost?
The commission varies depending on the pair trading.
It is $.50 per 10k minilot on USDJPY. So if I gross 2 pips, I am making money.
From the EFX site:
[B]Commission Rates
Fixed spreads are a way for FCMs to markup or markdown the best bid or offer. FCMs do this to hide their fee into the price of the currency pair instead of displaying their best quote. Common sense tells you that no one works for free, so when you see an FCM claim they have �no commission�, that should be a red flag. So how are they getting paid? Its simple: they are making money with the built-in markup/markdown in the spread.
Our FCM, MB Trading Futures, has nothing to hide. They offer tighter spreads with no markups/markdowns and openly display a low commission rate.
Commissions are based on total dollar amount traded: $5 per $100,000 traded.
[/B]
EFX is the same as MB Trading. They have merged! If you go to EFX website and open an account you will get your e-mail reply saying welcome to MB Trading 
EFX/MB Trading is the best broker out there! There platform takes a little while to get used to and learn but it is great after you learn it. (Dont give up! It becomes awesome after you learn the ins and outs ‘like the pun’
And actually there platform works according to the true meaning of stops, limits, markets, stop limits, etc. I was a little confused at first because I learned the wrong way from all the market makers platforms.
Just think, when you only have a 3-4 average pip (many times as low as 1-2 ) spread on the GBP/JPY and 1 pip commission (and it never works out to more) then you are at 2-5 pip spread and way ahead of the game. (All market makers offer 8 - 11 pip spread.)
Anyways, I am still demo but I have a live account just rearing to be funded!
Happy Trading!
Mike Lewthwaite
The SPREAD doesn’t matter.
All that matters are your entry/exit price.
If the bid/ask is 1.0000 x 2.0000
and you buy at 2.0000 and sell at 2.0005 you grossed 0.0005 and the spread was 1.0000!!
Once you understand that, you’ll be free…
[B]THE FSB MATRIX HAS YOU![/B]
The spread does matter… if you think the market is going to go to 2.005 and you start at 2.000 you make more money than if the company you are dealing with had a larger spread and started you at 2.0025, in this case you would make 100% MORE profit by having a smaller spread. If the market goes the wrong direction it dosnt matter, but if the spread is tighter you get a better entry point and the market movement translates into your account that much easier.