#1

Pepperstone

  • Regulations: ASIC, FCA
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader, cAlgo
  • InvestinGoal rank: 4.8/5

78% of retail CFD accounts lose money

#2

FxPro

  • Regulations: SCB, FCA, FSB, CySEC, DFSA
  • Minimum deposit: $500
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4.5/5

79% of retail CFD accounts lose money

#3

IC Markets

  • Regulations: ASIC
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4.8/5

74-89 % of retail CFD accounts lose money

#4

MARKETS.COM

  • Regulations: FSB, CySEC, ASIC
  • Minimum deposit: $100
  • Platforms: Markets.com Platform
  • InvestinGoal rank: 3.8/5

76.6% of retail CFD accounts lose money

#5

OCTAFX

  • Regulations: FCA
  • Minimum deposit: $5
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4/5

74-89% of retail CFD accounts lose money

Top 10 Best Scalping Forex Brokers 2019

by | Jan 21, 2019

Would you like to give scalping a go, or are you a veteran just looking for the best scalping forex brokers?

Then read on.

We have searched for, and compiled a list of the top 10 brokers for scalping 2019 (even encouraging it, in some cases).

But that’s not all.

To understand this all better, let’s see what scalping is, and what features and services should be offered by a broker to be one of the best.

best scalping forex brokers

What is Scalping?

Scalping is a trading technique which focuses on profiting from the subtlest price variations of a financial asset.

The Scalper, is the trader who, more than anyone else, can achieve returns regardless of the general trend of the underlying asset. An index which loses an overall 2% value in one day could mean quite a few percentage points of profits for a good scalper.

A scalper doesn’t care for the trend direction of the financial asset, as long as it keeps moving.

But now, let’s see the list of the best brokers for scalping. At the bottom of the post you can find other useful information on how scalping works.

(This post is part of the best forex brokers series)

Best Forex Brokers for Scalping 2019

This is why we have prepared a ranking of the 10 best broker for scalping. These brokers, besides not forbidding it, favour it through several services aimed at excelling in the above-mentioned features.

  • Regulations: ASIC, FCA
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader,cAlgo
  • InvestinGoal rank: 4.8/5


78% of retail CFD accounts lose money

1. Pepperstone

Operating since 2010, Pepperstone has quickly become one of the best forex brokers in Australia and in the world (as its many awards can prove). The ECN access through cTrader with DMA (Direct Market Access), the low commission fees, and the reduced spreads make Pepperstone ideal for scalping thus our best scalping broker.

  • Regulations: Pepperstone Limited authorised & regulated by the FCA (684312); Pepperstone Group Limited registered with ASIC (414530). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: ECN, Market Maker
  • Leverage: 1:500
  • Minimum Deposit: $ 200
  • Platforms: MT4 (desktop, iPhone/iPad, Android), MT5 (desktop), cTrader (web platform, cAlgo, cTrader mobile)
  • Headquarters: Pepperstone Group Limited is headquartered in Melbourne, Australia
  • US Customers: No
  • Other instruments: CFDs on indices, commodities, cryptocurrency
Try PEPPERSTONE with a demo account

78% of retail CFD accounts lose money

  • Regulations: SCB, FCA, FSB, CySEC, DFSA
  • Minimum deposit: $500
  • Platforms: MT4, MT5, cTrader
  • IG rank: 4.5/5


79% of retail CFD accounts lose money

2. FxPro

FxPro is one of the most famous Non-Dealing Desk forex brokers. An English broker famous all over the world, its quality of execution, innovation, and platforms, make this the perfect candidate for scalping. Through the development of several technologies, FxPro has always welcomed traders looking to easily automate their strategies (see cAlgo Algorithmic Trading, FxPro Library, FxPro Quant Strategy Builder, and FxPro VPS).

  • Regulations: FxPro UK Limited authorised & regulated by the FCA (509956); FxPro Global Markets MENA Limited authorised & regulated by the DFSA (F003333); FxPro Financial Services Ltd authorised & regulated by CySEC (078/07) and the FSCA (45052); FxPro Global Markets Ltd authorised & regulated by the SCB (SIA-F184). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Agency
  • Leverage: 1:500
  • Minimum Deposit: $100, however, clients under the DFSA will need to deposit $500
  • Platforms: MT4, MT5, cTrader, FxPro Edge (web platform)
  • Headquarters: FxPro Group Limited is headquartered in Limassol, Cyprus
  • US Customers: No
  • Other instruments: CFDs on futures, indices, shares, metals, energies; spread betting
Try FXPRO with a demo account

79% of retail CFD accounts lose money

  • Regulations: ASIC
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4.8/5


74-89 % of retail CFD accounts lose money

3. IC Markets

Ranked as one of the top 10 best forex brokers in the world, IC Markets is one of the fastest growing brokers in Australia. Its headquarters are in Sydney, and it has offices all over the world, including Vietnam and China. Its high financial leverage, low spreads, the absence of a withdrawal commission fee, the multitude of available trading platforms (including cTrader), make IC Markets an ideal candidate for scalping.

  • Regulations: International Capital Markets Pty Ltd. licensed by ASIC (AFSL no. 335692). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker, ECN, STP
  • Leverage: 1:500
  • Minimum Deposit: $ 200
  • Platforms: MT4, MT5, MT WebTrader, MT iPhone/iPad, MT Android, MT Mac, cTrader, cTrader Web, cTrader Android, cTrader iPhone/iPad, cTrader cAlgo
  • Headquarters: International Capital Markets Pty Ltd. is headquartered in Sydney, Australia
  • US Customers: No
  • Other instruments: CFDs on indices, commodities, stocks, futures, bonds, cryptocurrency
Try IC MARKETS with a demo account

74-89 % of retail CFD accounts lose money

  • Regulations: FSB, CySEC, ASIC
  • Minimum deposit: $100
  • Platforms: Markets.com Platform
  • InvestinGoal rank: 3.8/5


76.6% of retail CFD accounts lose money

4. Markets.com

Markets.com has been one of the fastest growing brokers over the last few years, thanks to its notable investments and the quality of their service (particularly for their multi-language support division, available 24/5, which has also earned them some awards). Markets.com is managed by Safecap, a Playtech PLC subsidiary, listed in the London Stock Exchange and part of the FTSE 250 Index. The goal of this broker is to work on as many markets as possible, to become a landmark not just for forex, but for the whole online trading world. With this vision in mind, it welcomes scalpers as well.

  • Regulations: Safecap Investments Limited regulated by CySEC (092/08) and regulated by the FSCA (43906); Tradetech Markets (Australia) Pty Ltd licensed by ASIC (424008). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:300
  • Minimum Deposit: $ 100, € 100 or £ 100
  • Platforms: Web platform (web, Android and iOS mobiles and tablets)
  • Headquarters: Safecap Investments Limited is headquartered in Nicosia, Cyprus
  • US Customers: No
  • Other instruments: CFDs on metals, energies, indices, commodities, bonds, shares, ETFS, blends, cryptocurrency, IPOs
Try MARKETS.COM with a demo account

76.6% of retail CFD accounts lose money

  • Regulations: FCA
  • Minimum deposit: $5
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4/5


74-89% of retail CFD accounts lose money

5. OctaFx

Operating since 2011, OctaFX has been awarded the “Best ECN Broker in Asia – 2014” by the Global Banking and Finance Review, and the “Best Broker in Central Asia – 2014” by the Forex Report Magazine. The broker operates on many underlying assets, highly liquid and suitable for scalping. They also offer great promotional activities, such as their trading contests, carried out through their demo accounts, which do however include real money prizes. Their 50% bonus on deposits is also extremely interesting. Currently, OctaFx does not accept USA clients.

  • Regulations: Octa Markets Incorporated is regulated by the FSA. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: ECN, STP
  • Leverage: 1:500
  • Minimum Deposit: $ 5
  • Platforms: MT4 (web platform, desktop, Android, iOS), MT5 (web platform, desktop, Android, iOS), cTrader (desktop, Android, iOS)
  • Headquarters: Octa Markets Incorporated is headquartered in Kingstown, St. Vincent and the Grenadines
  • US Customers: No
  • Other instruments: CFDs on indices, commodities, cryptocurrency
Try OCTAFX with a demo account

74-89% of retail CFD accounts lose money

  • Regulations: FSPR, FSCL, FCA UK, Central Bank of Armenia
  • Minimum deposit: $2500
  • Platforms: MT4, Equiti Valut
  • InvestinGoal rank: 4.2/5


73.07% of retail CFD accounts lose money

6. Equiti Capital

DivisaFX, founded in 2008, provides premium conditions for institutional clients and professionals. The features of their offer suit scalping strategies quite well. This broker requires clients to open their accounts in United States dollars. However, clients can make deposits in GBP, EUR, and AUD. The funds will be converted to the main currency and credited to a business account.

  • Regulations: Equiti Capital UK Limited authorised & regulated by the FCA (528328); Equiti Group limited authorised & regulated by the Jordan Securities Commission (50248); EGM Futures DMCC licensed by Dubai Multi Commodities Centre (31573) and regulated by the Securities & Commodities Authority (607136). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: ECN, Market Maker
  • Leverage: 1:500
  • Minimum Deposit: $ 500
  • Platforms: MT4
  • Headquarters: Equiti Capital UK Limited is headquartered in London, UK
  • US Customers: No
  • Other instruments: CFDs on commodities, indices; precious metals
Try EQUITI CAPITAL with a demo account

73.07% of retail CFD accounts lose money

  • Regulations: VFSC
  • Minimum deposit: $30
  • Platforms: MT4
  • InvestinGoal rank: 3.7/5


74-89% of retail CFD accounts lose money

7. Titan FX

Titan FX is a new generation broker. It is a ECN broker which provides the possibility to trade over the forex market and on commodities. Thanks to its cutting-edge technology, it provides next generation trading conditions: institutional level spread, swift order execution, high level liquidity, and the security over registration and financial supervision, all essential elements for scalping.

  • Regulations: TI Securities Limited regulated by the VFSC (40313). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: ECN
  • Leverage: 1:500
  • Minimum Deposit: $ 200
  • Platforms: MT4
  • Headquarters: TI Securities Limited headquartered in Port Villa, Vanuatu
  • US Customers: No
  • Other instruments: CFDs on indices, precious metals, energy commodities
Try TITAN FX with a demo account

74-89% of retail CFD accounts lose money

  • Regulations: FCA
  • Minimum deposit: $100
  • Platforms: ActiveTrader, MT4, MT5/li>
  • InvestinGoal rank: 4/5


71% of retail CFD accounts lose money

8. Activtrades

ActivTrades was founded in Switzerland in 2001, as a small brokerage firm, then it moved to London, in its current headquarters, in 2005. Some applications they have developed allow to perform calculations which ease operating decisions. Besides, ActivTrades offers a free Authochartist account, which is considered the market leader in intraday trading tools, with access to the latest findings, such as Key Levels and PowerStats, great assets for your scalping.

  • Regulations: ActivTrades PLC is authorised & regulated by the FCA (434413) and the DSFA (2309); ActivTrades Corp is authorised & regulated by The Securities Commission of the Bahamas (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: STP, Market Maker, DMA
  • Leverage: Clients registered under ESMA regulation can access 1:30 leverage, while other retail traders can leverage up to 1:400
  • Minimum Deposit: No minimum deposit required
  • Platforms: ActivTrader, MT4, MT5
  • Headquarters: ActivTrades PLC is headquartered in London, UK
  • US Customers: No
  • Other instruments: Options; ETFs; CFDs on indices, international shares, commodities, bonds; spread betting (for UK-based clients) on forex, commodities, stocks, shares
Try ACTIV TRADES with a demo account

71% of retail CFD accounts lose money

  • Regulations: CySEC, ISFC
  • Minimum deposit: No
  • Platforms: MT4, MT5, cTrader, rTrader, RoboForex Terminals
  • InvestinGoal rank: 3.9/5


74-89% of retail CFD accounts lose money

9. RoboForex

Despite the name, this broker does not offer automated trading services, but it focuses on offering a wide variety of Forex Trading services, professional ECN accounts (through cTrader), and business accounts to individuals and businesses alike. It’s high leverage (1000:1), and its interesting Cent Accounts are suitable for anyone wanting to learn, particularly scalping.

  • Regulations: RoboForex Group regulated by the IFSC (IFSC/60/271/TS); RoboForex (CY) Ltd regulated by CySEC (191/13). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker, ECN, STP
  • Leverage: 1:2000
  • Minimum Deposit: $ 10
  • Platforms: MT4 (desktop, web, iOS, Android), MT5 (desktop, web, iOS, Android), cTrader (desktop, web, iOS, Android), R Trader (web platform)
  • Headquarters: RoboForex Group is headquartered in Belize City, Belize
  • US Customers: No
  • Other instruments: CFDs on stocks, indices, ETFs, soft commodities, energies, metals, cryptocurrency
Try ROBOFOREX with a demo account

74-89% of retail CFD accounts lose money

  • Regulations: FCA in the United Kingdom, Gibraltar FSC
  • Minimum deposit: $1
  • Platforms: InterTrader Advanced Platform, MT4
  • InvestinGoal rank: 4.2/5


78% of retail CFD accounts lose money

10. Intertrader Direct

Funded in 2010, InterTrader Direct offers extremely low spreads and operations traded directly on the market (no dealing desk), through a proprietary web platform or through the MT4, which makes this a good broker for scalping. Its leverages aren’t too high, but it is possible to trade over 46 currency pairs, many indexed, and commodities.

  • Regulations: InterTrader Limited authorised & regulated by the Gibraltar Financial Services Commission and registered with the FCA (597312). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:200
  • Minimum Deposit: £ 500, $ 500 or € 500
  • Platforms: MT4, web platform, mobile apps (Android and iOS), Advanced Platform
  • Headquarters: InterTrader Limited is headquartered in Gibraltar
  • US Customers: No
  • Other instruments: CFDs on indices, commodities, shares, cryptocurrency; spread betting
Try INTERTRADER DIRECT with a demo account

78% of retail CFD accounts lose money

How does scalping work?

The old (and correct) adage “let profits run, cut losses short” isn’t particularly relevant to scalping, at least as regards letting profits run. The scalper takes advantage of the market’s micro-oscillations, which have a set duration in time, from a few seconds to a few minutes, which is why it bears slim profits.

People who use this technique settle for small, yet fast, profits, continuously opening new positions on the market, trying to exploit its many oscillations, cutting losses to a minimum.

To take advantage of the continuous price variations, scalpers must dedicate several hours of activity to graphs, keeping a steady and constant focus and carrying out many operations. It isn’t rare to see scalpers performing even more than 100 operations in just a day’s trading.

You can read here for more details.

How does the Scalper Trader earn?

As we’ve already mentioned, given the nature of scalping, the profits earned with just one operation are quite slim, ranging from a couple of pips to a few tens, at most.

So, for scalping to produce real profits, traders must focus on two things:

  1. finding many trading opportunities throughout the day;
  2. having a high percentage of trades closed with profits.

Other categories of professional traders, generally speaking, aim at having a good Risk/Returns ratio (from 1:2 up), which allows them to sustain even smaller percentages of success, even below 50%, still generating profits. However, this isn’t the case for scalpers. Taking profits after such short times, the Risk/Returns value tends to be quite low, which forces scalpers to keep an extremely high percentage of winning trades to constantly generate profits.

This activity isn’t for anyone. Besides having solid technology assets (such as PC, monitors, etc.) and a fast, stable connection, scalping requires extremely high self-discipline and concentration.

Furthermore, obviously, it is necessary to work with a good scalping Forex Broker, preferably one from the list below.

How much money does scalping require?

In addition to the high psychological capital, scalping normally requires a certain amount of financial resources. Having to profit from small market investments (a few pips or points at a time), to have noteworthy profits, the investment volume must be kept high.

Therefore, scalpers must have an appropriately funded account, or else work on a high financial leverage, which however does notably increase risks.

The best financial assets for scalping

High liquidity assets are among the preferred scalping markets, to avoid that the lack of buyers and sellers increases the spread between purchase and sell price to an excessive amount, making profits harder to achieve over the short term.

Highly capitalized and traded assets are therefore favoured, such as indexes, forex trades, and other assets which tend to have a good quantity of variations over the trading day.

The forex broker features for scalping

Given this peculiar activity, it is necessary to find a broker presenting the following basic features:

  • Availability of high liquidity assets (high capitalized assets, index and exchange rates);
  • Possibility to analyze markets with several indicators, possibly customizable;
  • “Market depth” visibility;
  • Direct market visibility, not an “artificial” version of it (dealing desk);
  • Exclusive intermediation activity, possibly directly on the market;
  • Swift order execution;
  • High financial leverage;
  • Bare-boned brokerage fees;
  • Easy trading platforms, fast and intuitive.

Given the peculiarities of scalping, not all brokers encourage it. Some even forbit it.