11 Best Scalping Brokers – Updated Reviews & Comparison

Scalping is a unique trading strategy that requires discipline. It is a fast-paced technique that also requires technical analysis. That means you need to read charts, numbers, indicators, etc. very carefully. Scalpers also need another thing that can make or break their trading strategies and that is a reliable and trusted broker. In this article, we will help you pick one of the best scalping brokers that match your trading style!

Scalpers need a scalping broker that offers unique features like trading platforms with advanced tools, faster order execution, and so on. They cannot rely on an ordinary broker who cannot provide a fast-paced platform and tools required for scalping. There are hundreds of online brokers and all of them claim to be the best. In such circumstances, it is always difficult to find a broker that suits your needs and requirements. 

Therefore, in today’s post, we are going to review 11 top-class scalping brokers that may help you achieve huge success in your scalping trading endeavor. 

11 best scalping brokers

• FP Markets
• Pepperstone
• FXTM 
• HotForex
• AvaTrade
• Admiral Markets
• RoboForex
• IC Markets
• FXCM
• XM
• Forex.com

1. FP Markets

FP Markets is the best option for scalping traders looking for a quality scalping broker. With more than 14 years of brokerage experience, the broker has substantially grown and established itself as one of the best brokerage service providers. FP Markets offers a wide variety of financial instruments for trading. You can trade on stocks, currency pairs, metals, commodities, indices, and digital currencies. The broker also offers different trading accounts including Islamic trading accounts.

Additionally, FP Markets offers Web Trader, MetaTrader 4, and MetaTrader 5 for its clients. All these trading platforms are feature-rich and offer a wide range of intuitive and efficient trading tools. On the other hand, if you want to trade on the go, FP Markets mobile trading app is the best option for you. The app offers all the features for a seamless scalping trading experience. If that isn’t enough to convince you, have a look at the following classy features FP Markets offers.

Main Features

• MT4 is one of the best trading platforms for scalping traders with user-friendly tools. Moreover, all the tools are powerful enough for seamless scalping trading. Features like colored technical indicators, MarketWatch, Expert Advisors, etc. make scalping as easy as breathing. 
• MetaTrader 5 is also a great trading platform for scalpers. It allows you to trade all financial instruments on a single all-in-one trading platform. Additionally, features like copy trading, market display, a variety of stop order types, and much more make scalping extremely easy but profitable. 
• Web Trader also allows you to trade from any browser of your choice on any device. The platform also offers numerous simple but powerful trading tools and features for a complete scalping trading experience. 
• FP Markets mobile trading app also offers all the features required for seamless scalping trading. The app also works perfectly on all types of mobile devices. You can also save a lot of your time with a customizable menu.
• FP Markets also enables you to create numerous trading opportunities for scalping. Because you can trade on 60+ Forex pairs, 10,000 + stocks, 19 major indices, 8 commodity CFDs, and much more. 
• Additionally, FP Markets ensure faster trade execution and tighter spreads.
• Besides, FP Markets’ remarkable customer support services serve as icing on the cake. Because it promises award-winning 24/5 multilingual customer support.

Account Minimum 

FP Markets requires an account minimum deposit of $100.

Pairs Offered 

FP Markets offers 60+ Forex pairs, 10,000 + stocks, 19 major indices, 8 commodity CFDs, and much more. 

Fees

FP Markets charges competitive spreads as low as 0.0 pips on CFDs on shares, forex, commodities, indices, and cryptocurrencies. 

Best For

FP Markets is best for low spreads, a wide variety of tradable instruments, and powerful trading platforms. 

Regulation

FP Markets is also a highly regulated scalping broker authorized by the Australian Securities and Investment Commission (ASIC).

Funding Methods 

FP Markets supports 10 funding options in 10 different base currencies. It accepts bank transfers, credit/debit cards, BPAY, PayPal, POLi, NETELLER, Skrill, and others.

Pros

• Trading platforms with numerous top-quality features
• Tight spreads
• Copy-trading and virtual account
• A wide selection of tradable instruments
• 24/5 multilingual customer support
• Established and regulated scalping broker

Cons

• Lacks in research and education
• Automated trading isn’t available

2. Pepperstone 

Pepperstone is another one of the best scalping brokers that deserve the attention of the scalpers. The broker offers numerous facilities that make scalping trading extremely easy but highly profitable. Firstly, Pepperstone offers three trading platforms including MetaTrader 4, MetaTrader 5, and an award-winning cTrader. All the platforms empower scalping traders to discover opportunities on more than twelve hundred financial instruments. Secondly, the broker also gives you the opportunity to profit from social trading. Thus, you can get trading ideas from a huge trading community on the platform. Thirdly, the extensive range of CFDs on commodities, stocks, Forex, ETFs, cryptocurrencies, and more grants you the freedom of trading.

Moreover, if you also want access to market analysis, Pepperstone is for you. Because experienced and professional analysts present in-depth market analysis to make scalping trading as easy as you want. In short, the broker offers numerous features for a scalping trading experience you don’t get anywhere else. 

Main Features

• A variety of trading platforms, MetaTrader 5, MetaTrader 4, cTrader, and Social trading, makes Pepperstone a unique scalping broker.
• MetaTrader 4 and MetaTrader 5 accompany numerous key features such as a collection of indicators. Thus, you can take your trading to the next level using these feature-rich platforms. 
• cTrader is another great platform for scalpers. It brings various power tools such as advanced risk management and order functionality for a better trading experience. 
• Additionally, more than twelve hundred financial instruments across stocks, Forex, commodities, indices, currency indices, ETFs, and cryptocurrencies give you access to the trading world of opportunities. 
• Moreover, a demo account gives you the opportunity to see if scalping really suits you. It also allows you to learn and gain experience without risking a single penny of your capital. 
• Pepperstone is also a safe, fast, and reliable scalping broker at which you don’t need desk intervention to close deals. 
• Pepperstone also allows you to choose the type of account that suits you from two account types -Standard and Razor.
• The broker also offers good customer support services. The customer support team is available 24/5 during weekdays and 18 hours during weekends.

Account Minimum

There are no account minimum requirements for trading on Pepperstone.

Pairs Offered

Pepperstone gives you the opportunity to trade on more than 1200 financial instruments. You can trade on stocks, Forex, indices, commodities, and cryptocurrencies. 

Fees

Pepperstone also offers the lowest spread rates on financial instruments. 

Best For

Pepperstone is best for offering three trading platforms alongside the Social Trading platform, no account minimum requirements, zero commission, and tight spreads.

Regulation

Pepperstone is also among the highly regulated trading platforms regulated by;

• The Financial Conduct Authority (FCA)
• The Cyprus Securities and Exchange Commission (CySEC)
• The Australian Securities and Investment Commission (ASIC)
• The Dubai Financial Services Authority (DFSA)
• The Securities Commission of the Bahamas (SCB)
• The Federal Financial Supervisory Authority (BaFin)
• The Capital Markets Authority (CMA) 

Funding Methods

Pepperstone also supports multiple funding methods. You can transfer funds via bank transfer, credit/debit cards, and electronic wallets like PayPal, Neteller, Skrill, and Union Pay.

Pros

• Three different trading platforms MT5, MT4, and cTrader
• Social trading
• User-friendly interface
• Demo account facility
• No account minimum requirements
• Mobile applications for android and iOS
• Negative balance protection of UK and European clients
• Exceptional customer support 

Cons

• Negative balance protection is limited to the UK and European clients

3. FXTM

Forex Time or FXTM has established itself as one of the best forex brokers. The broker is also among the best scalping brokers. FXTM gives a wonderful opportunity to scalpers who want to capitalize on small price fluctuations. The broker provides step-by-step tutorials and articles to make Forex trading easy for all users. Additionally, FXTM is also committed to providing excellent learning opportunities. That’s why the broker offers a variety of educational content.

Moreover, online webinars and local seminars give scalpers and forex traders plenty to learn. You can also take full advantage of the demo account facility to learn and gain experience without risking real money. Recently, FXTM has also launched a new mobile application. It is among the best forex trading apps currently available. The app allows you to instantly open or close trades, access live currency rates, manage your account, and much more. Besides, the FXTM trading platform brings numerous top-quality features for its users.

Main Features

• The platform is among the most efficient as well as user-friendly Forex trading platforms. It brings various hi-tech forex trading tools for a seamless trading experience. 
• It also offers great search functions that allow you to find the forex pairs of your choice with precision. 
• The platform also suits novices as there are a lot of strategies to follow. You can choose any strategy from the options available and start trading instantly. 
• You can also get access to in-depth market analysis and daily news. Thus, the platform also empowers you to make informed trading decisions. 
• If you want to gain experience and learn Forex trading without risking a single penny of your capital, you can use a demo account. 
• Additionally, the FXTM mobile trading app is also among the safest and secure forex trading apps. 2-steps authentication and biometric authentication enable you to protect your accounts against hacking.
• Features like Live Streaming enable you to stay on top of the forex market by regularly analyzing forex prices.

Account Minimum 

FXTM requires a minimum deposit of $50.

Pairs Offered 

FXTM offers 63 currency pairs for forex trading, stocks, commodities, indices, and stock CFDs.

Fees

FXTM charges higher spreads as compared to other scalping brokers. For example, the broker charges 1.6 pips for the EUR/USD currency pair. However, spread rates vary based on the type of your account. 

Best For 

FXTM is best for offering quality a wide variety of tradable instruments and for offering an intuitive and powerful mobile trading app.

Regulation

FXTM is also a regulated scalping broker regulated by;

• The Financial Services Conduct Authority (FSCA)
• The Financial Services Commission of Mauritius (FSCM)
• The Cyprus Securities and Exchange Commission (CySEC)

Funding Methods

FXTM also supports numerous funding methods. You can fund your account using credit/debit cards, bank transfers, or electronic wallets like Neteller and Skrill. 

Pros

• Offers some top-notch features
• Powerful mobile application 
• Live to stream
• Superior trade execution
• Demo account facility
• Allows easy deposits and withdrawals 

Cons

• Only MetaTrader 4 is available on the app
• Spread rates are high

4. HotForex

HotForex is a Nigerian-based forex and CFD broker. The broker progressed at quite a pace and has secured the trust of more than 2.5 million traders from across the globe. HotForex is a safe option for scalpers looking for a highly regulated broker. The broker also ensures the protection of users’ funds. HotForex offers two trading platforms for brokers. Firstly, MetaTrader 4 has a user-friendly interface and also offers numerous other features to the end-user. Secondly, MetaTrader 5 is also a powerful but user-friendly trading platform. The platform brings numerous state-of-the-art tools to help traders achieve their trading goals. In addition to the technical side, HotForex offers more than one thousand financial instruments for trading. Furthermore, the broker also focuses on providing quality educational content to its user. In short, HotForex offers all that scalpers need from a broker.

Main Features

• HF MetaTrader 4 offers a suite of impressive technical analysis tools. Programmed analytical tools simplify technical analysis for traders. Additionally, features like 9 different timeframes and advanced charting also make it one of the best trading platforms. 
• HF MetaTrader 5 is also a feature-rich trading platform. Features like 21 timeframes, advanced charting, a built-in economic calendar, and much more make it a great option for scalpers. 
• The broker also provides daily market analysis to empower traders to make informed trading decisions. HotForex market analysts are top professionals who have strong analytical skills and thus ensure the best services. 
• Features like 15 free trading tools, 3 account types, and much more also contribute to making HotForex one of the best scalping brokers. 

Account Minimum

HotForex also requires a minimum deposit of $200.

Pairs Offered

HotForex offers more than 1,000 financial instruments for trading. You can trade on shares of the world’s popular companies as well as more than 50 popular forex pairs. 

Fees

HotForex also charges very competitive spread rates. For example, the broker charges 0.1 pips on EUR/USD forex pair.

Best For

HotForex is best for providing trading platforms with intuitive platforms and tight spreads. 

Regulation

HotForex is also among the highly regulated scalping brokers regulated by;

• The Financial Conduct Authority (FCA) 
• The Dubai Financial Services Authority (DFSA)
• The Cyprus Securities and Exchange Commission (CySEC)
• The Financial Sector Conduct Authority (FSCA) 
• The Financial Services Authority (FSA)

Funding Methods

HotForex supports seven funding methods including wire transfer, credit/debit cards, and electronic wallets. 

Pros

• MT4 and MT5 accompany powerful tools
• Three account types
• Free in-depth market analysis
• Tight spreads
• Highly regulated broker

Cons

• No social trading or copy trading feature
• Services may differ depending on your geographical location 

5. AvaTrade

AvaTrade is another scalping broker that deserves the attention of scalpers all across the globe. The broker offers three trading platforms – MetaTrader 4, MetaTrader 5, and WebTrader. You can also use automated trading platforms. Automated trading platforms enable you to avoid the difficulties of manual trading. Additionally, all AvaTrade’s trading platforms come with innovative features and a user-friendly interface. Moreover, the broker gives you access to the world’s most popular financial instruments ranging from stocks and commodities to Forex pairs and cryptocurrency CFDs. AvaTrade also does all the hard work for traders to give them a seamless trading experience. The netting and hedging freedom, easy short-selling and scalping, seamless order execution, ultra-low spreads, and much more make AvaTrade one of the most sought-after scalping brokers. AvaTrade also offers spectacular features that cannot be overlooked. 

Main Features

• MT4 and MT5 are among the world’s most popular trading platforms. They offer analytical capabilities that take your scalping trading to the next level. 
• Platforms also come with numerous interactive charts, built-in indicators, multiple timeframes, and several other phenomenal tools that are enough for effortless trading. 
• You can also access trading platforms from any type of device you have including PCs, Android, or iOS devices. 
• AvaTrade’s WebTrader platform is another great platform for traders, especially for beginners. It brings all the critical functionality directly from your web browser. 
• You can also get access to a huge variety of tradable CFD instruments including stocks, commodities, bonds, indices, ETFs, and cryptocurrency CFDs. 
• The broker also offers leveraged CFD trading. Thus, you can magnify your profits by amplifying your exposure to the markets. 
• Additionally, if you want to copy the trades of the most successful traders, the AvaSocial platform will give you access to the AvaTrade community. 
• AvaTrade also offers the best multilingual customer support that guides you resolve your issues with the utmost respect and compassion. 
• AvaTrade also invests a huge amount of money in providing the best educational content to its clients. Thus, you can learn all about trading through the platform itself, ebooks, and video tutorials. 

Account Minimum

AvaTrade also requires a minimum deposit of $100.

Pairs Offered

AvaTrade offers more than twelve hundred symbols in total for trading. Tradable instruments include CFDs on stocks of the world’s most popular organizations like Adidas and Alibaba. You can also trade on cryptocurrency CFDs and 9 popular Forex pairs.

Fees

AvaTrade’s CFD fees are low as compared to the industry’s standards. You can trade CFDs on different financial instruments with tight spreads as low as 0.0 pips.

Best For

AvaTrade is best for offering a variety of trading platforms, the next generation trading tools, social trading platforms, and competitive CFD spreads.

Regulation

AvaTrade is a globally regulated broker that has secured licenses from 5 continents;

• The Australian Securities and Investment Commission (ASIC) in Australia
• The Abu Dhabi Global Market Authorities (ADGM) and Financial Services Regulatory Authority (FSRA) in the Middle East
• The Financial Sector Conduct Authority (FSCA) in South Africa
• The British Virgin Islands (BVI) Financial Services Commission (FSC) in the British Virgin Islands
• The Financial Services Agency (FSA) and The Financial Futures Association of Japan (FFAJ) in Japan
• The Investment Industry Regulatory Organization of Canada (IIROC) in Canada

Funding Methods

AvaTrade also supports a number of funding methods including bank transfer, credit/debit card, and electronic wallets.

Pros

• A variety of robust trading platforms
• Innovative features include free research tools
• Seamless and quick account opening
• Free deposit and withdrawals
• Tight spreads 
• Exceptional customer support services
• A highly regulated scalping broker

Cons

• High non-trading fees
• Comparatively limited instruments for trading

6. Admiral Markets

Admiral Markets is also among the most popular and safe scalping brokers. The broker has secured the license from two tier-1 regulatory authorities. Admiral Markets offers two trading platforms to traders. MetaTrader 4 is a user-friendly, reliable, and flexible trading platform. The platform supports multiple languages and is fully customizable. Additionally, the platform also offers automated trading to help you trade effortlessly. On the other hand, MetaTrader 5 also brings numerous advanced features for making the trading endeavor of users seamless. In addition, Admiral Markets gives you access to more than 8,000 markets to find trading opportunities. Moreover, the account opening is extremely easy as you can start trading by just verifying and funding your account. Admiral Markets offers the following key features to be among the best scalping brokers currently available. 

Main Features

• MetaTrader 4 comes with some advanced features besides bringing conventional tools. Advanced charting tools and automated trading make it a worthwhile platform for scalpers. 
• MetaTrader 5 also comes with advanced tools like trading robots, superior charting, and the education market.
• The broker also offers a demo account for practice and learning. Thus, you can learn how to trade without risking your capital. 
• Admiral Markets also provide market information you need to make informed trading decisions. From global market updates to market sentiment, you can learn everything. 

• The broker also offers a variety of educational content including articles, tutorials, and e-books. 

Account Minimum

Admiral Markets requires a minimum deposit of $100 to start trading. 

Pairs Offered

Admiral Markets offers more than 3,000 stocks, 47 currency pairs, indices, ETFs, and commodities. 

Fees

Admiral Markets also charges very tight spreads starting from as low as 0.09 pips. 

Best For

Admiral Markets is best for providing advanced tools in addition to MetaTrader 4 and MetaTrader 5.

Regulation

Admiral Markets is also a highly regulated scalping broker regulated by two tier-1 authorities;

• The Financial Conduct Authority (FCA) 
• The Australian Securities and Investment Commission (ASIC) 

Funding Methods

Admiral Markets also supports numerous funding methods. For example, you can deposit or withdraw funds using bank transfers, credit/debit cards, and electronic wallets. 

Pros

• MT4 and MT5 with various useful features
• Demo account
• Automated trading facilities
• Quality educational content

Cons

• Charge non-trading fees like inactivity fee

7. RoboForex

RoboForex has proven itself to be a trusted and reliable broker. The broker offers remarkable services to traders of all levels and sizes. First of all, RoboForex offers a variety when it comes to trading platforms. That means you can choose from MetaTrader 4, MetaTrader 5, cTrader, or R Stocks Trader as your trading platform. RoboForex’s MetaTrader 4 is undoubtedly a reliable platform. It offers all the tools and features that are necessary for both beginners and experienced scalping traders. Similarly, MetaTrader 5 with all the powerful tools and features is there to help scalpers achieve big.

cTrader is also a great platform for more experienced traders looking for advanced tools and faster order execution. Moreover, there is also a variety of account types to choose from. A demo account is also available if you want to practice trading and gain experience before risking real money. In short, RoboForex has rightly earned itself a place in the list of the best scalping brokers currently available. 

Main Features

• MT4 by RoboForex offers 3 types of order execution, 50 indicators, basic tools for graphic analysis, and a customizable trading robot.
• MT5 by RoboForex also offers unique features like 4 types of order execution, market depth, multi-currency tester, and much more.
• On the other hand, RoboForex cTrader brings rare types of orders, 54 technical indicators, 14 timeframes, and much more. 
• RoboForex also gives opportunities to traders to trade on financial instruments from 8 asset classes.
• The broker also offers other enticing features such as faster trade execution, security of clients’ funds, bonus programs, and much more.

Account Minimum

RoboForex also doesn’t require any minimum deposit. However, trading on R Stocks Trader requires a minimum deposit of $100.

Pairs Offered

RoboForex offers more than 12,000 stocks and 40+ currency pairs for trading including.

Fees

RoboForex charges no commission on stock trading. The broker also offers tight spreads on Forex trading starting from 0.0 pips.

Best For

RoboForex is best for offering quality trading platforms, a wide variety of financial instruments, and tight spreads. 

Regulation

RoboForex is also a regulated scalping broker regulated by the International Financial Services Commission (IFSC).

Funding Methods

RoboForex supports bank payments, credit/debit cards, and electronic wallets as funding methods. 

Pros

• A variety of powerful trading platforms
• Highly enticing tools and features
• A variety of financial instruments for trading
• Tight spreads

Cons

• Lack of cryptocurrency tools

8. IC Markets

IC Markets is relatively new but one of the top scalping brokers that have been in the business since 2007. The company from Australia is one of the most popular trading brokers right now. IC Markets brings cutting-edge and innovative trading platforms and great liquidity. It also gives its clients the opportunity to trade on the world’s most popular trading platforms. MetaTrader 4, MetaTrader 5, MT Web Trader, and cTrader are all made available by the broker. Most importantly, IC Markets also gives you access to an updated and improved version of MT4. The platform is popular for its user-friendliness, great features, and automated trading abilities.  

Similarly, MetaTrader 5 also exceeds in features from its predecessor. The advanced charting tools and order management abilities enable you to monitor and control your trading positions with ease and perfection. IC Markets also offers a cTrader trading platform that is another spectacular trading platform for traders. Moreover, if you want automated trading facilities, IC Markets also gets you covered from this angle too. IC’s order matching engine processes over 500,000 trades every day and two-thirds of these trades come from automated trading. IC Markets is also among the safest scalping brokers as it complies with all the relevant laws, regulations, standards, and policies. Therefore, IC Markets can be your perfect partner if you want a unique and seamless trading experience. 

Main Features

• MT4, MT5, and cTrader with all their advanced features are exceptional trading platforms that help you take your trading to the next level. 
• Order execution is also exceptionally fast on the IC Markets trading platforms with an average order execution speed of under 40ms.
• Additionally, IC Markets has introduced twenty advanced trading tools that weren’t previously available on MT4. So, MT4 is a substantially better and improved platform here.
• Virtual Private Server enables you to run automated trading strategies 24/7.
• IC Markets also grants you access to a carefully selected range of financial instruments across the most popular and liquid markets. 
• IC Markets also ensures mobile versions of the trading platforms for traders looking for remote access to the platforms. 
• You can trade CFDs on 61 most popular currency pairs, 23 indices from across the globe, 22 commodities, 1600 + stocks from NYSE, NASDAQ, and ASX, 11+ bonds, and 13 cryptocurrencies. 
• IC Markets also gives you the opportunity to trade CFDs on 4 global futures.

Account Minimum

The account minimum requirement at IC Markets is £200.

Pairs Offered

IC Markets offers CFDs on 61 most popular currency pairs, 23 indices from across the globe, 22 commodities, 1600 + stocks from NYSE, NASDAQ, and ASX, 11+ bonds, and 13 cryptocurrencies.

Fees

IC Markets offers very competitive spreads such as starting from 0.1 pips on the Forex EUR/USD pair.

Best For

IC Markets is best for lower spreads, additional MT4 tools, and CFD trading on a multitude of financial instruments. 

Regulation

You can also trade with peace of mind on IC Markets because the Seychelles Financial Services Agency (FSA) regulates the broker.

Funding Methods

IC Markets also supports different funding methods such as bank transfer, credit/debit cards, and electronic wallets such as PayPal and Skrill. 

Pros

• Gives the opportunity to choose from three different trading platforms
• MT4 comes with 20 advanced features
• Offers to trade on a wide variety of financial assets
• Tight spreads 
• Great customer support services
• Exceptionally good mobile applications
• No deposit and withdrawal fees

Cons

• Below standard design of the platforms
• High financing rates

9. FXCM

FXCM is another top-class scalping broker that can help you achieve huge success in your scalping trading. The broker offers numerous options when it comes to trading platforms. You can choose a platform of your choice from a suite of platforms consisting of 6 trading platforms. Whether you want to trade on a conventional MetaTrader 4 or a modern trading platform like NinjaTrader, all are there on FXCM.

Moreover, each trading platform comes with a variety of powerful trading tools. The broker is also a unique one when you look at mobile applications. It offers trading apps that give you a highly customized trading experience. In addition to trading platforms and powerful tools, you can also take advantage of copy trading. Furthermore, the broker offers numerous financial instruments for trading including cryptocurrencies and commodities. In short, FXCM is a complete package for scalpers looking for a scalping broker offering complete brokerage services. 

Main Features

• FXCM offers six trading platforms to choose from. Thus, you can pick a platform of your choice from Trading Station, MetaTrader 4, NinjaTrader, ZuluTrade, TradingView, or Capitalize AI.
• Trading Station with a fresh modern look and intuitive interface is among the best trading platforms. You can also capitalize on powerful tools like Trade Analytics and Charts to make the best trading decisions. 
• MetaTrader 4 Expert Advisors and Automated Strategies empower you to automate your trading. Additionally, you can automate a part or all of your strategies.
• NinjaTrader, ZuluTrade, and TradingView are also highly powerful and feature-rich platforms.
• In addition to these platforms, Capitalize AI platform empowers you to automate your trading. Thus, you can trade and plan just like machines.
• Advanced technical indicators allow you to capture current market data through easy to analyze graphs and lines on your charts. 
• Scripts and Add-ons also allow you to use a single function to execute your strategy with perfection. For example, you can use the Box Price add-on to identify range-bound markets.
• Additionally, you can get a variety of trading apps to take your trading to the next level. For example, General trading apps come with unique trading features to enable you to trade with ease and perfection.

Account Minimum 

FXCM requires a minimum deposit of $50 to start trading. 

Pairs Offered 

FXCM allows you to trade on domestic and international stocks, an array of popular currency pairs, indices, commodities, and cryptocurrencies to maximize your profit.

Fees

FXCM charges no commission on stock trading. The broker also charges a competitive spread on forex pairs ranging between 0 to 3.2. Moreover, the broker also offers deep discounts for active traders based on trading volume.

Best For 

FXCM is best for offering numerous trading platforms with top-quality features and competitive spread rates.

Regulation

FXCM is also a regulated broker regulated by the Financial Conduct Authority (FCA).

Funding Methods

FXCM also supports numerous funding methods including credit/debit cards, bank wire, Skrill, Neteller, and Union Pay.

Pros

• A suite of powerful trading platforms
• Numerous useful tools
• Competitive spreads
• Lowest account minimum
• Accepts credit/debit cards 

Cons

• Limited currency pairs for trading
• High non-trading fees

10. XM

XM was established in 2009 and has grown at an astonishing pace since its inception. The broker’s flexible trading conditions and trading platforms suit traders of every size and level of experience. You can trade on MetaTrader 4 with flexible leverage ranging from 1:1 to 888:1. MetaTrader 5 is another option for traders, especially for traders looking for more advanced trading tools and additional financial products. Moreover, you can gain access to your trading platform from any device of your choice. XM offers a trading platform for all devices including desktops, smartphones, and tablets. If that’s convincing enough, then you also need to know that XM is also one of the safest and authorized scalping brokers. 

Main Features

• XM users have a collection of 3 trading platforms to choose from and trade from anywhere. 
• MetaTrader 4 with effective features like 1-click trading and Expert Advisor Functionality is one of the best platforms. 
• Traders can capitalize on free daily technical analysis and make informed trading decisions without having to conduct technical analysis on their own.
• XM grants free access to Forex market research to enable traders to make timely and accurate trading decisions. 
• Daily Forex market outlook and Forex trading signals also enlighten the path of Forex trading for traders.
• XM also provides quality educational content including unlimited access to video tutorials and daily Forex webinars. 
• 24/5 customer support in more than thirty languages indicates the broker’s emphasis on providing quality customer support services. 

Account Minimum

The minimum deposit required for starting trading on XM is $5-$100.

Pairs Offered

XM offers more than 1,000 financial instruments for trading. You can trade on 55+ popular Forex pairs, stocks of more than 60 companies, major global indices, commodities, metals, and energies. 

Fees

XM makes money through spreads. The broker offers tight spreads as low as 0.6 pips on all major Forex pairs.

Best For

XM broker is best for providing device-optimized trading platforms and competitive spreads. 

Regulation

XM is also among the scalping brokers authorized by two tier-1 authorities. 

• The Australian Securities and Investment Commission (ASIC)
• The Financial Conduct Authority (FCA)

Funding Methods

XM also supports funding methods like bank transfer, credit/debit cards, and electronic wallets. 

Pros

• Easy and straightforward opening of account
• A highly regulated scalping broker
• Low stock CFD fees
• No withdrawal fees
• Several account base currencies
• Quality educational content

Cons

• Limited financial products
• Lacks in some advanced charting and other key features

11. Forex.com

Forex.com is among the best trading brokers currently operating in the industry. When it comes to Forex trading, the broker is also among a very few specialist forex trading brokers. Forex.com offers MetaTrader 4 and MetaTrader 5 as your trading platforms. MetaTrader 4 with features like Expert Advisors and Analytical tools is a great platform for scalpers. On the other hand, MetaTrader 5 with all the latest tools and enhanced charting capabilities help you achieve success in scalping trading.

Additionally, Forex.com offers a suite of 20+ forex trading apps. Most importantly, all these apps are MetaTrader apps that allow you to take full advantage of the world’s most popular trading platform. Additionally, mobile applications come with 9 top-class tools that make forex trading seamless. Moreover, you also get your hands on 15 indicators that can also help in forex trading. Forex.com also ensures easy account opening to provide the best user experience. 

Main Features

• MetaTrader 4 enables you to make informed trading decisions by giving you access to Reuters news, the latest research, and technical analysis. 
• Features like Expert Advisors and real-time account data also make MT4 one of the best options for scalping. 
• On the other hand, MetaTrader 5 is a multi-asset platform suitable for trading on all types of products. Additionally, the platform also accompanies the latest cutting-edge tools to help traders maximize their gains.
• Forex.com mobile application is also a fully responsive, powerful, and intuitive mobile application that comes with numerous key features. 
• Features like Alarm Manager, Correlation Matrix, Correlation Trader, Market Manager, etc. are highly helpful for trading. 

Account Minimum 

Forex.com requires at least 100 of clients’ selected base currency. For example, if you select USD as the base currency, you need to deposit $100.

Pairs Offered 

Forex.com offers access to more than 4,500 global markets including stocks, Forex, indices, commodities, and cryptocurrencies. 

Fees

Forex.com charges competitive spreads on trading starting from as low as 0.8 pips.

Best For 

Forex.com is best for offering numerous top-quality features, powerful mobile applications, and competitive spreads.

Regulation

Forex.com is also among the highly regulated scalping brokers regulated by;

• The Financial Conduct Authority (FCA)
• The Australian Securities and Investment Commission (ASIC) 
• The Financial Services Agency (FSA)
• The Investment Industry Regulatory Organization of Canada (IIROC)
• The Securities and Futures Commission (SFC)
• The Monetary Authority of Singapore (MAS)

Funding Methods

Forex.com also supports credit/debit cards, wire transfers, and two electronic wallets, Neteller and Skrill. 

Pros

• MT4 and MT5 with some powerful tools 
• Extremely useful features
• Supports credit/debit
• Easy account opening
• Offers a wide variety of forex pairs 

Cons

• Unsatisfactory website maintenance
• Certain features aren’t available for the USA clients

Best scalping brokers – FAQs

What is scalping? 

Scalping is a Forex trading technique that revolves around making profits from smaller price movements. Scalpers don’t hold a trade for long and that’s why they make a large number of trades in a single day. However, scalping requires a lot of your time and requires sitting for hours.

Is scalping legal? 

Yes, scalping is totally legal. You can take full advantage of small price fluctuations of currency pairs.

How to choose a scalping broker? 

Your broker is your gateway to profitable scalping trading. Therefore, it is always imperative to choose the best scalping broker to open the door of myriads of profitable opportunities. What makes a good scalping broker? 

Regulatory Compliance

Many brokers have come and gone over the years. They are never able to establish themselves in the industry. You need to avoid them and look for an established and trusted broker that has been in the industry for years. Only established brokers ensure regulatory compliance. The Financial Conduct Authority (FCA), Australian Security and Investment Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC) are among the most respected regulatory authorities. You need to ensure your broker complies with any one of them. 

Typically, listed brokers as well as brokers that are part of some organizations like banks ensure regulatory compliance. They have to abide by all the regulations and thus promise the ultimate security scalpers to need.

Trading platform

A broker is good for you if the trading platform of the broker offers better tools and you are also familiar with the platform. You have to look for a trading platform that brings user-friendliness and advanced features. Trading platforms vary depending on the offered features. You should choose a platform that suits your trading style and requirements. For example, if you trade with the help of charts, you need a platform with advanced charting features. Moreover, you can also look for web and mobile versions of the trading platform if you have to travel a lot. Mobile versions help you trade on the go. 

Accept scalping

There are some brokers that don’t facilitate scalping. Therefore, you also need to make sure that your chosen broker allows scalping.

Financial instruments 

Each broker offers different instruments. You need to make sure that your platform offers the instruments of your choice. Moreover, you also need to make sure that the broker covers a wide range of markets. It will help you find numerous opportunities to capitalize on.

Account opening

Each broker has its own minimum deposit requirements. Therefore, you can also make sure if you can meet its requirements or not.

Funding methods

Methods of depositing and withdrawing funds are also important. Check these methods and see whether these methods are convenient for you or not? All good brokers offer various different funding methods for their clients. However, a few brokers offer only a couple of methods that may not suit you.

Fees

Typically, brokers charge commission or spreads. Some brokers also charge fees like withdrawal fees, inactivity fees, etc. Therefore, you need to consider fee criteria before finalizing your scalping broker.