Forex scalping involves opening and closing the same trading position within just a matter of seconds or a few minutes at most.
Scalpers typically make their trading decisions based on short-term currency charts such as the 1 min or 5 min charts and do need really tight spreads and fast order execution to improve chances of trading success.
What follows is a list of brokers that allow forex scalping with low spreads, rapid order execution and good reputation among scalpers.
Broker
Features
Scalping Policy
More
XM allows forex scalping anf provides DMA/STP market execution on all trading accounts (Micro, Standard, Executive). Minimum deposit required to open a STP Micro account: $5.
No Restrictions
Hotforex provides DMA/STP market execution on all trading accounts (Micro, Premium, VIP, Islamic, Currenex). Minimum deposit required to open a STP Micro account: $5. No restrictions on forex scalping techniques.