The best Forex brokers for scalping, according to our research, are:
- Pepperstone
- FP Markets
- IC Markets
- HF Markets
- Admirals
- Vantage
- OctaFX
- Forex.com
- AvaTrade
- Roboforex
To choose the brokers we have taken into consideration a number of factors:
- The orders execution speed of the broker
- The maximum leverage allowed on forex
- The overall commissions when scalping on forex
- The platforms made available from the brokers
What are the best scalping brokers?
Below is our curated list and review of the best scalping brokers both for forex and CFDs. Included in this listing are ECN, low-spread non-ECN brokers, and fixed-spread brokers.
All of these support scalping and are the top broker choices we have found in the industry.
Pepperstone
Pepperstone offers ultra-low spreads from 0 pips. It ensures fast execution at 0.35ms and offers leverage up to 1:500. It supports MT4, MT5, and cTrader, suitable for scalping traders prioritizing speed and cost efficiency.
-
Regulations:
-
Avg. EUR/USD Spread:
-
Platforms:
About Pepperstone
Pepperstone is a global forex and CFD broker founded in 2010 in Melbourne, Australia. Pepperstone offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader and cTrader platforms. Pepperstone is regulated by multiple authorities including ASIC, FCA, and CySEC. Pepperstone is known for competitive spreads, fast execution, and extensive educational resources. Pepperstone serves clients in over 160 countries worldwide. The Pepperstone CEO is Tamas Szabo.
Pepperstone Features
The features of Pepperstone are listed below.
- Pepperstone with its Pepperstone Razor account offers an excellent and very liquid environment for scalping.
- Pepperstone charges spreads on forex as low as 0 pips with a per-side commission of $3.5 per lot.
- The Pepperstone Razor account allows traders to open and close positions with an average of 0.35ms
- Scalpers on Pepperstone can open positions with leverage up to 1:500 depending on their country of residence.
- In addition to MT4 and MT5, Pepperstone also offers cTrader as a platform for scalping.
- For scalpers who are able to achieve substantial volumes, there is the Pepperstone active trader program that further reduces trading costs.
Pepperstone Pros and Cons
Advantages of Pepperstone
The advantages of Pepperstone are listed below.
- Stable raw spreads (0,09 pips on EUR/USD on average)
- Caters for algorithmic trading
- Has won over 30 Forex industry awards
Disadvantages of Pepperstone
The disadvantages of Pepperstone are listed below.
- The demo account is not unlimited
FP Markets
FP Markets provides efficient ECN execution with spreads starting at 0 pips. It charges a $6 commission per lot and allows leverage up to 1:500, catering to scalping traders needing low costs and quick trades.
-
Regulations:
-
Avg. EUR/USD Spread:
-
Platforms:
About FP Markets
FP Markets is an Australian-based global forex and CFD broker founded in 2005. FP Markets offers trading on over 10,000 instruments including forex, stocks, indices, commodities, and cryptocurrencies. FP Markets provides MetaTrader 4, MetaTrader 5, and proprietary platforms. FP Markets is regulated by multiple authorities including ASIC, CySEC, and FSA. FP Markets is known for tight spreads, fast execution, and extensive educational resources. The FP Markets CEO is Craig Allison.
FP Markets Features
The features of FP Markets are listed below.
- FP Markets with its efficient ECN execution is a good broker for scalping.
- FP Markets spreads start at 0 pips, with an additional commission of $6 per lot traded.
- Order execution is extremely efficient with less than 40 ms for opening or closing a trading position.
- Maximum leverage for scalpers at FP Markets varies depending on the trader’s country of residence, but can be as high as 1:500.
- With FP Markets, scalping can be done on both MT4 and MT5.
FP Markets Pros and Cons
Advantages of FP Markets
The advantages of FP Markets are listed below.
- Broad Instrument Offering
- Competitive Spreads
- Multiple Trading Platforms
Disadvantages of FP Markets
The disadvantages of FP Markets are listed below.
- High Fees for International Withdrawals
- Outdated Platform Design
IC Markets
IC Markets features raw spreads and charges a $6 commission per lot. It executes trades at 0.35ms and supports MT4, MT5, and cTrader, appealing to scalpers requiring low latency and automated strategies.
-
Regulations:
-
Avg. EUR/USD Spread:
-
Platforms:
About IC Markets
IC Markets is a global forex and CFD broker founded in 2007 and based in Sydney, Australia. IC Markets offers trading on over 2,250 instruments including currencies, commodities, indices, stocks, and cryptocurrencies. IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader platforms. IC Markets is regulated by multiple authorities including ASIC and CySEC. IC Markets is known for its ECN execution model and low spreads. The IC Markets CEO is Andrew Budzinski.
IC Markets Features
The features of IC Markets are listed below.
- IC Markets allows scalping on MT4, MT5, and cTrader.
- IC Markets’ Raw Spread accounts allow scalpers to access minimum forex spreads with a $6 fee per lot
- IC Markets maximum leverage for scalpers is up to 1:500 depending on country of residence.
- IC Markets executes its clients’ orders in ~0.35ms
- Scalpers on IC Markets can implement automated trading strategies
IC Markets Pros and Cons
Advantages of IC Markets
The advantages of IC Markets are listed below.
- Low-latency trading environment
- Institutional level liquidity
- MT4, MT5, cTrader platforms are all available
Disadvantages of IC Markets
The disadvantages of IC Markets are listed below.
- Small amount of educational tools for new traders
- Small range of tradable assets compared to other CFD/Forex brokers
HF Markets
HF Markets delivers zero-pip spreads with a $6 fee per lot and allows leverages up to 1:1000 on MT4 and MT5, addressing scalpers seeking minimal costs and high leverage opportunities.
-
Regulations:
-
Avg. EUR/USD Spread:
-
Platforms:
About HF Markets
HF Markets, formerly known as HotForex, is a global multi-asset broker founded in 2010. HF Markets offers trading on forex, stocks, commodities, indices, and cryptocurrencies through MetaTrader platforms. HF Markets is regulated by multiple authorities including CySEC, FCA, DFSA, and FSCA. HF Markets serves clients worldwide and is known for competitive trading conditions and extensive educational resources. HF Markets recently rebranded to emphasize its expanded product range. The HF Markets Group CEO is George Koumantaris.
HF Markets Features
The features of HF Markets are listed below.
- HF Markets allows scalpers to use leverage up to 1:1000 depending on the broker’s branch.
- Spreads on HF Markets start at 0 pip, with an additional fee of $6 per lot traded.
- Scalpers on HF Markets can use either MT4 or MT5.
HF Markets Pros and Cons
Advantages of HF Markets
The advantages of HF Markets are listed below.
- High Leverage Options
- Low Minimum Deposit
- Wide Range of Trading Instruments
Disadvantages of HF Markets
The disadvantages of HF Markets are listed below.
- Higher Trading Costs
- Limited Educational Resources
Admirals
Admirals supports scalping with forex spreads starting at 0 pips and a $6 commission. It offers leverage up to 1:500 and enables trading on MT4 and MT5, focusing on flexible options for profitable scalping.
-
Regulations:
-
Avg. EUR/USD Spread:
-
Platforms:
About Admirals
Admirals, formerly Admiral Markets, is a global forex and CFD broker founded in 2001. Admirals offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader platforms. Admirals is regulated by multiple authorities including CySEC and FCA. Admirals is known for competitive spreads and extensive educational resources. Admirals recently halted onboarding of new EU clients to comply with regulatory standards. The co-founder of Admirals and CEO of Admirals Group is Alexander Tsikhilov.
Admirals Features
The features of Admirals are listed below.
- Admirals offers a flexible trading environment, with 4 different accounts for scalping.
- The maximum leverage for traders on Admirals is 1:500 depending on the country.
- On Admirals, 18 forex pairs can be traded with forex spreads as low as 0 pips and a $6 commission per lot.
- Admirals offers a cashback service for traders who manage to achieve high trading volumes.
- Scalpers on Admirals can trade on MT4 or MT5, with an average order execution speed of 150ms.
Admirals Pros and Cons
Advantages of Admirals
The advantages of Admirals are listed below.
- Extensive Forex Options
- Strong Regulatory Framework
- Advanced Educational Resources
Disadvantages of Admirals
The disadvantages of Admirals are listed below.
- Charges Inactivity Fee
- Mobile App Limitations
- Higher Average Spreads for Some Assets
Vantage
Vantage provides ECN accounts with 0 pips spreads and low commissions. It offers leverage up to 1:500 and grants access to MT4 and MT5, meeting scalpers’ needs for cost-effective and swift trading conditions.
-
Regulations:
-
Avg. EUR/USD Spread:
-
Platforms:
About Vantage
Vantage is a global multi-asset broker founded in 2009, offering trading on forex, CFDs, commodities, indices, shares, and cryptocurrencies. Vantage provides MetaTrader 4, MetaTrader 5, and proprietary platforms. Vantage is regulated by multiple authorities including ASIC, FCA, and CIMA. Vantage is known for fast execution, competitive spreads, and extensive educational resources. Vantage serves over 3 million registered users worldwide. The Vantage CEO is David Shayer.
Vantage Features
The features of Vantage are listed below.
- Vantage is the scalper broker that charges the lowest commissions, with forex spreads of 8 pips and $1.8 per side each lot traded.
- Vantage offers numerous ECN account types and offers an execution speed of 100ms on average.
- The maximum leverage that can be found on Vantage is 1:500, however it may be less depending on the country of residence.
- On Vantage, scalpers can trade over 40 forex pairs on MT4 and MT5
Vantage Pros and Cons
Advantages of Vantage
The advantages of Vantage are listed below.
- Competitive spreads and low commissions
- Strong range of asset classes
Disadvantages of Vantage
The disadvantages of Vantage are listed below.
- Not available to US traders
- Customer service could be improved
OctaFX
OctaFX allows trading on MT4 and MT5, presents spreads starting at 0.2 pips, offers leverage up to 1:500, and ensures efficient execution at 100ms, adaptable for versatile scalping strategies.
-
Regulations:
-
Avg. EUR/USD Spread:
-
Platforms:
About OctaFX
Octa, formerly known as OctaFX, is a global forex and CFD broker founded in 2011. Octa offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader 4, MetaTrader 5, and proprietary platforms. Octa is regulated by multiple authorities including CySEC. Octa is known for competitive spreads, extensive educational resources, and copy trading services. Octa serves clients in over 100 countries worldwide.
OctaFX Features
The features of OctaFX are listed below.
- OctaFX is a very versatile broker for scalping
- OctaFX allows you to trade on MT4 or MT5.
- Forex spreads for scalpers are not the lowest, in fact they start at 0.2 pips, with a fee of $10 per lot traded
- Maximum leverage for OctaFX scalpers is up to 1:500
- OctaFX has fairly efficient forex order execution, averaging 100ms per order.
OctaFX Pros and Cons
Advantages of OctaFX
The advantages of OctaFX are listed below.
- Low Trading Costs
- Robust Educational Resources
- Multiple Trading Platforms
Disadvantages of OctaFX
The disadvantages of OctaFX are listed below.
- Limited Asset Range
- No VIP Discounts
- Restrictions on High-Frequency Trading
Forex.com
Forex.com caters to US scalpers with spreads from 0 pips and $4 commissions. It provides 40ms execution speed and offers high-value DMA accounts, focusing on competitive fees and rapid trades.
-
Regulations:
-
Avg. EUR/USD Spread:
-
Platforms:
About Forex.com
FOREX.com is a global forex and CFD broker founded in 2001, offering trading on currencies, commodities, indices, stocks, and cryptocurrencies. FOREX.com provides proprietary platforms alongside MetaTrader 4 and 5. FOREX.com is regulated by multiple top-tier authorities including FCA, ASIC, and CFTC. FOREX.com is known for competitive spreads, fast execution, and extensive educational resources. FOREX.com serves over 450,000 clients worldwide. The FOREX.com’s parent company “StoneX Group Inc.” CEO is Sean O’Connor.
Forex.com Features
The features of Forex.com are listed below.
- Forex.com is an excellent broker for scalping forex in the US.
- Forex spreads on this broker start at 0 pip with a fairly low per-lot commission of $4.
- Forex.com’s order execution speed is equally efficient, with 40ms on average.
- Although the best Forex.com account for scalping (DMA account) requires a minimum deposit of $25,000, you can still start with a Forex.com Standard account.
Forex.com Pros and Cons
Advantages of Forex.com
The advantages of Forex.com are listed below.
- Regulatory Assurance
- Low Forex Fees
- Comprehensive Educational Resources
Disadvantages of Forex.com
The disadvantages of Forex.com are listed below.
- Limited Product Portfolio
- Higher Spreads on Standard Accounts
- No Guaranteed Stop-Loss Orders for U.S. Clients
AvaTrade
AvaTrade offers fixed spreads starting at 0.9 pips. It supports MT4 and MT5 trading platforms and ensures consistency in costs, appealing to scalping traders who value stability and mobile access.
-
Regulations:
-
Avg. EUR/USD Spread:
-
Platforms:
About AvaTrade
AvaTrade is a global forex and CFD broker founded in 2006 and headquartered in Dublin, Ireland. AvaTrade offers trading on currencies, commodities, indices, stocks, bonds, ETFs, and cryptocurrencies. AvaTrade provides proprietary platforms alongside MetaTrader 4 and 5. AvaTrade is regulated by multiple authorities including CySEC, ASIC, and FSA. AvaTrade serves over 300,000 clients worldwide. AvaTrade is known for competitive spreads and extensive educational resources. The AvaTrade CEO is David Dryzin since 2016.
AvaTrade Features
The features of AvaTrade are listed below.
- AvaTrade is a good broker for all scalpers looking for fixed spreads.
- AvaTrade charges fixed forex spreads starting at 0.9 pips, which drop further to 0.6 pips for professional clients (with no additional commissions)
- Allows trading over 60 forex pairs, and scalping its on MT4 and MT5
- To offer fixed spreads AvaTrade acts as a market maker, which is also reflected in the reduced execution speed compared to its competitors, which on average takes 300ms.
AvaTrade Pros and Cons
Advantages of AvaTrade
The advantages of AvaTrade are listed below.
- Tight fixed spreads from 0.6 pips (0.9 pips for retail traders)
- The mobile apps are well designed
- Can be connected to ZuluTrade and Duplitrade
Disadvantages of AvaTrade
The disadvantages of AvaTrade are listed below.
- High inactivity fees
- The demo account is limited to 30 days
Roboforex
RoboForex offers multiple accounts with zero-pip spreads and leverage up to 1:300. It supports MT4, MT5, and cTrader, suiting scalpers favoring automation and diverse platform accessibility.
-
Regulations:
-
Avg. EUR/USD Spread:
-
Platforms:
About Roboforex
RoboForex is a global forex and CFD broker founded in 2009, offering trading on currencies, stocks, indices, commodities, and cryptocurrencies. RoboForex provides MetaTrader 4, MetaTrader 5, and proprietary platforms. RoboForex is regulated by the Financial Services Commission (FSC) of Belize. RoboForex is known for competitive spreads, extensive educational resources, and multiple account types. RoboForex serves over 4.5 million clients worldwide. The RoboForex CEO is Andrei Dziarnovich.
Roboforex Features
The features of Roboforex are listed below.
- RoboForex offers a good number of accounts for forex scalping.
- RoboForex’s leverage goes up to 1:300
- Scalpers on RoboForex can open an ECN account with as little as $10
- The execution speed of orders on RoboForex is about 100ms.
- On RoboForex, traders can easily use automated trading strategies that can be implemented on MT4, MT5, cTrader, or the broker’s proprietary platform.
Roboforex Pros and Cons
Advantages of Roboforex
The advantages of Roboforex are listed below.
- Diverse Trading Platforms
- Wide Range of Instruments
- Low Minimum Deposit
Disadvantages of Roboforex
The disadvantages of Roboforex are listed below.
- Limited Educational Resources
- Higher Spreads on Some Accounts
- Regulatory Concerns
Comparison of the best scalping forex brokers
| FOREX BROKER FOR SCALPING | SPREADS ON FOREX FROM | FEE PER EVERY $100.000 TRADED | EXECUTION SPEED |
|---|---|---|---|
| Pepperstone | 0 pips | $7 | ~30 ms |
| FP Markets | 0 pips | $6 | ~40 ms |
| IC Markets | 0 pips | $6 | ~66 ms |
| HF Markets | 0 pips | $6 | ~600 ms |
| Admirals | 0 pips | $3.60 | ~150 ms |
| Vantage | 0 pips | $6 | ~100 ms |
| OctaFX | 0.2 pips | $10 | ~100 ms |
| Forex.com | 0.2 pips | $10 | ~40 ms |
| AvaTrade | 0.9 pips | N/A | ~300 ms |
| Roboforex | 0 pips | $10 | ~100 ms |
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
What is the best scalping broker for Forex?
The best scalping forex broker is Pepperstone.
Pepperstone offers very low spreads from 0 pips, with a lot-based commission of $7. Additionally, with Pepperstone you can have a very fast order execution.
What is the best scalping broker for stocks?
The best scalping broker for stocks is Interactive Brokers.
At Interactive brokers you can trade over 10000 stocks all around the world with low fees. For more options, see best stock brokers.
What is the best scalping broker for crypto?
The best scalping broker for cryptocurrencies is XTB for Crypto CFD, and Binance for real, futures and options crypto trading.
XTB charges a 0,22% fee, while binance keeps them lower at 0,10%. Both allow scalping on bitcoins and other cryptocurrencies. For more options see best forex cryptocurrency brokers, and best crypto exchanges.
What is the best scalping broker for futures?
The best scalping broker for futures is Interactive Brokers.
At Interactive Brokers you can scalp on crypto, forex, stock, and index markets futures from $0,25 per contract. Additionally, you can also find E-mini futures. For more options see best futures trading brokers.
What is the best scalping broker with ECN execution?
The best scalping broker with ECN execution is FP Markets.
FP Markets charges very low fees per lot traded, being $6 round-turn. Additionally, here you can find raw spreads from 0 pips, and a fast execution speed of 40ms on average. For more options see best ECN brokers.
What is the best scalping broker with the lowest spread?
The best scalping broker with the lowest spread is Pepperstone.
At Pepperstone spreads on the EUR/USD forex pairs are 0.09 pips on average, and they charge a competitive $7 commission per every lot traded. Order execution speed is also fast, being 30ms on average. For more options, see best low spread brokers.
What is the best scalping broker with the MT4 platform?
The best scalping broker on MT4 is IC Markets.
On the IC Markets MT4 Raw Spread account you can find raw spreads and a $7 commission per lot. The execution speed is also competitive, sitting at around 66ms on average. For more options see best MT4 brokers.
What is the best scalping broker for Expert Advisors?
The best scalping broker for EAs is IC Markets.
Other than raw spreads and a low commission per lot, IC Markets allows trader to use EAs on MT4, MT5 and cTrader. Additionally, they make VPS available and offer the FIX API. For more options, see best automated forex brokers.
How to choose the best broker for scalping
It is necessary to find a broker presenting the following basic features to best suit scalping:
- Choose a broker with extremely low spread on forex, raw spreads from 0 pips are best.
- Check the availabilityty of high liquidity assets
- Possibility to analyze markets with several indicators, possibly customizable and/or using custom coded indicators
- “Market depth” visibility is optional, but very useful. cTrader platform has this feature
- No dealing desk execution such as the one offered by ECN and STP brokers is best because it’s faster and with lower spreads compared to the dealing desk one
- High leverage (above 1:30 if possible) can be useful to amplify the market exposure, but it will make scalping even more risky than it already is. Only professionals should think about using high leverage, especially when scalping
- Choose a forex broker regulated by regulations such as FCA, NFA, ASIC or european watchdogs such as CySEC
Given the peculiarities of scalping, not all forex brokers encourage it. Some even forbid it.
How does a Scalper Trader profit from the market?
Scalpers profit from the market by finding trading opportunities through technical analysis and extremely advanced risk-return ratio risk analysis.
Professional traders 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.
How much money does scalping require?
Scalping forex brokers typically require $200 to open a trading account, however, much less money can be used to open scalping orders.
To open a scalping order, a base amount of $1000 (equivalent to 1 micro lot) is usually recommended. But, the actual money needed depends on the broker’s offered leverage. For instance, with a leverage of 1:100, you’d only need $10 ($1000 divided by 100) to open an order.
What are the best financial assets for scalping?
For scalping to be effective, trading assets that offer high liquidity are essential. High liquidity ensures swift entry and exit from the market and reduces chances of slippage or requotes. The best assets for scalping include Major forex pairs, major indices and derivatives such as CFDs.