6 Best Forex Scalping Broker • Benzinga

In the fast-paced world of forex scalping, signing up with the right broker could mean the difference between success and failure. The best forex scalping brokers offer lightning-fast execution, tight spreads, and advanced tools to help you make the most of every opportunity.

In this article, Benzinga delves into the key factors that make a broker stand out for forex scalping and reveals the top pick that has consistently proven to be the ideal partner for traders in this high-stakes game.

Quick overview: best broker for forex scalping

  • Ideal for accessing a wide range of trading tools: FOREX.com
  • Ideal for accessing a wide range of markets: GI
  • Ideal for a dedicated trading platform: IFC Markets
  • Ideal for fast order fulfillment: XM
  • Ideal for low latency trading: Pepper
  • Ideal for scalpers focused on a tight spread: tick mill

6 Best Forex Brokers for Scalping

Although scalping is a popular trading strategy, not all brokers offer it. Let’s take a look at the six best forex brokers for scalping that have proven to be top picks for scalpers.


Best for: Access to a wide range of trading tools

FOREX.com is one of the largest and most reputable forex scalping brokers in the industry. A global presence and user-friendly platform gives scalpers access to numerous currency pairs and a host of trading tools.

  • Tight spreads for major currency pairs
  • Fast trade execution to ensure dealers can capitalize on short-term market fluctuations
  • A wide range of trading tools, including advanced charts and technical indicators
  • Highly regulated
  • Excellent customer support available 24/7


Best for: Access to a wide range of markets

IG is a renowned forex broker with over 40 years of industry experience. It offers a comprehensive trading platform with a wide range of markets, allowing scalpers to diversify their trading strategies.

  • Access to over 19,000 markets including forex, indices, commodities and cryptocurrencies
  • Tight spreads and low commissions
  • Advanced charting and trading tools
  • Highly regulated by multiple authorities
  • Intuitive and easy to use interface
  • Limited customer support
  • Inactivity fees
  • Spread bets and CFDs are complex instruments and come with a high risk of losing money quickly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You need to ask yourself if you understand how spread betting and CFDs work, and if you can afford to take the high risk of losing your money.

3. IFC Markets

Best for: Dedicated trading platform

IFC Markets is a globally recognized broker that provides access to a wide range of trading instruments and offers a proprietary trading platform, NetTradeX. This platform is specially designed to meet the needs of various trading strategies, including scalping.

  • Offers over 600 trading instruments including currency pairs, commodities, indices and stocks
  • Proprietary trading platform, NetTradeX, as well as support for MetaTrader 4 and 5
  • Competitive spreads and flexible leverage options to suit different trading styles
  • Advanced analysis and trading tools
  • Not available to merchants in the United States
  • Under-regulated
  • Best for

    Ideal for leveraged trading with many instruments


Best for: Fast command execution

XM is a popular forex broker known for its flexible account options and excellent trading conditions. With a wide range of instruments available and a commitment to customer satisfaction, XM is an ideal choice for scalpers of all experience levels.

  • Ultra-low spreads from 0 pips on major currency pairs
  • Fast order execution without requotes
  • Multiple account types including Micro, Standard, Shares, and XM Zero
  • Access to MetaTrader 4 and 5 platforms, as well as mobile trading options
  • Many educational resources and webinars for traders of all skill levels
  • No proprietary trading platform available
  • Limited product offering
  • Inactivity fees

5. Pepper

Best for: Low latency trading

Pepperstone is an Australia-based forex broker known for its commitment to providing excellent trading conditions and state-of-the-art technology. It offers a range of advanced platforms and tools, ensuring a seamless experience for scalpers.

  • Very clean spreads from 0.0 pips on major currency pairs
  • Fast and reliable command execution with low latency
  • Access to several trading platforms, including MetaTrader 4, MetaTrader 5 and cTrader
  • No Dealing Desk Execution (NDD), ensuring minimal interference with trades
  • Excellent customer support and a strong focus on trader education
  • Limited range of trading instruments
  • Does not accept customers from the United States

6. Tickmill

Best for: Scalpers focused on tight spreads

Tickmill is a forex broker notable for its commitment to transparency and competitive trading conditions. With a range of advanced tools and platforms and a fast execution time, it provides an optimal environment for scalpers to thrive.

  • Tight spreads from 0.0 pips on major currency pairs
  • Fast execution with an average speed of 0.20 seconds per transaction
  • Access to the MetaTrader 4 platform and a variety of trading tools
  • No requotes or interference with the trading desk
  • A solid regulatory framework
  • Limited trading instruments
  • No proprietary trading platform available
  • Customer support not available 24/7

What is Forex Scalping?

Forex scalping is a short-term trading strategy that involves quickly entering and exiting trades to capture small price movements. The main objective of scalping is to accumulate profits through a high volume of trades, each of which generates a relatively small profit. Forex scalpers typically hold positions for seconds to minutes, making many trades per day.

Scalpers rely on tight spreads and fast execution speeds because these factors have a direct impact on their transaction costs and their ability to react to rapid market movements. To be successful, scalpers must have a solid understanding of technical analysis, risk management, and market psychology. They also require discipline and the ability to make quick decisions under pressure.

Given the high frequency of transactions and the need for fast execution, scalpers use advanced trading platforms with sophisticated tools and real-time data. Some traders use algorithmic or automated trading systems to execute scalping strategies more efficiently.

What is a Forex Scalping Broker?

A forex scalping broker is a brokerage firm that specifically caters to the needs of traders who employ the scalping strategy in the forex market. These brokers offer trading conditions, platforms and features optimized for short-term and high-frequency trading, allowing scalpers to maximize profits and manage risk effectively.

Key features of a forex scalping broker include:

  • Tight spreads: Scalpers rely on low spreads because the cost of trading directly affects their profitability – scalping brokers offer competitive spreads, especially on major currency pairs.
  • Quick execution: Scalpers need to enter and exit trades quickly to capitalize on small price movements. A broker for scalping ensures fast and reliable order execution with minimal slippage.
  • Advanced trading platforms: Scalping requires real-time data, advanced charting, and technical analysis tools. Scalping brokers offer powerful trading platforms, such as MetaTrader 4 or 5, with a wide range of tools and features.
  • No Dealing Desk Execution: To ensure fair trading conditions, scalping brokers often offer NDD execution, which minimizes interference and potential conflicts of interest.
  • Scalping-friendly policies: Some brokers may have restrictions on scalping, such as minimum holding times for trades. A forex scalping broker allows traders to use scalping strategies without limits.

Choosing the Right Broker for Success

Choosing the right forex broker is crucial to succeeding with forex scalping – the best brokers for scalping offer tight spreads, fast execution, advanced trading platforms and scalping-friendly policies. By carefully researching and comparing available options, you can find a broker that aligns with your scalping strategy and helps you maximize your profit potential in the fast-paced world of forex trading.

Frequently Asked Questions


Is scalping allowed in Forex?


Yes, scalping is allowed in forex. But some brokers or trading platforms may have restrictions or policies against scalping.


Which forex broker is the best for scalping?


Forex.com, IG and IFC markets are considered one of the best brokers for scalping.


Is forex scalping profitable?


Yes, scalping forex can be profitable, but it depends on the skill, experience and risk management of the trader.


Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button