Top Rated Scalping Forex Brokers Reviews - 2020

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Many Forex brokers offer their traders a feature called scalping. Scalping is a rapid trading style where the trader looks for small profits, between 2-5 pips by opening and closing trades that last less than a minute over and over again.

Scalping is also referred to as snipping or churning. The best scalping Forex brokers offer an opportunity to hold positions for mere seconds and use tight stop-loss orders on them. Some brokers allow scalping in general but impose some restrictions on scalpers in form of additional commissions, spreads or trade number limits. Such brokers are found among DMA brokers and ECN brokers.

Not every Forex brokers permit scalping. Most, however, will allow some scalping in non-aggressive style which means a trader will have long-term trades along with short lived trades once in a while. It is the traders' responsibility to check broker scalping policies in the client agreement.

It is important to do a proper comparison before opening an account with any Forex broker. Listed below are the top Forex brokers that allow traders to scalp.

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image Top Rated

Min. Deposit

$100


Bonus

Deposit $500 and trade with $1000!


Trading Platform

MetaTrader 4, MetaTrader 5, IRESS


Max. Leverage

1:500


Regulation

CySEC, ASIC

ECN trading with leverage up to 1:500

Min. Deposit

$10


Bonus

30% Welcome Bonus


Trading Platform

MetaTrader 4, MetaTrader 5


Max. Leverage

1:1000


Regulation

CySEC, FCA, FSC

Best all-around: high floating leverage + fast execution

Min. Deposit

$100 (Based on location)


Bonus

None


Trading Platform

MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based


Max. Leverage

1:300 (Based on location)


Regulation

CySEC, FCA, ASIC, FSC, FSCA

Excellent educational offerings

Min. Deposit

$100


Bonus

Up To $5000


Trading Platform

MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based


Max. Leverage

1:400


Regulation

MiFID, Central Bank of Ireland, FSA, ASIC, BVIFSC, FFAJ, FSCA

Highly regulated, choice of fixed or floating spreads