Hi,
can anybody suggest me best broker which used for scalping with reduced spread and very low commission.
I am trading just EUR/USD scalping with 1 to 2 pips take profit so that I need broker with low spread and very low commission.
Hi,
can anybody suggest me best broker which used for scalping with reduced spread and very low commission.
I am trading just EUR/USD scalping with 1 to 2 pips take profit so that I need broker with low spread and very low commission.
Hi UmpatsOriginally Posted by ;
I've sent you a PM with regards to some question.
Look forward to your reply.
Best wishes
Anish
I heard dukascopy have very reduced spreads on eurousd. It's possible to check them outOriginally Posted by ;
Just NDD account that could be used as scalper community.
I use NDD because its great for scalper and also for all human
Definition of'No Dealing Desk'Originally Posted by ;
A way of FX trading that provides instant access to the interbank market. The interbank market is where overseas currencies are traded. This is different than investing through the dealing desks that are found in several banks and financial institutions. By using a dealing desk, a FX broker who is registered as a Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer (RFED) can offset transactions. If a no coping desk system is utilized, positions are automatically offset and then transmitted directly to the interbank.
Investopedia explains'No Dealing Desk'
Forex brokers using this system work right with market liquidity providers. When investing through a no coping desk, rather than dealing with a single liquidity provider, an investor is coping with many providers in order to get the most competitive bid and ask prices. An investor using this technique has access to immediately executable rates.
If you are a bad scalper, you don't have any issue with IC M.
If you're really good you get a big issue.
Freeze and disconnect.
Anyway MT4 uses many tricks if you're a winner.
You do not have many options these days as most brokers hate scalpers. The ones that still support the individual rights of traders are Dukascopy, Armada Markets, Citi, FXCM. Help yourself.
I enjoy your humour, actually I find that many brokers don't encourage human rights lol. For trading egies that require an STP broker such as scalping and some arbitrage I use FXPro, Admiral Markets (expert ) and Xglobal Markets... the last one is the best bargain I could find for Indices as they have low spreads, no other fees and they are eu regulated.Originally Posted by ;