Top Forex Brokers for Scalping in 2024


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Scalping is a widely embraced trading strategy, particularly in the forex market. For traders adopting this strategy, selecting a broker that provides optimal conditions for scalping is crucial.  Scalping in the Forex market entails heightened financial risks, making it crucial to collaborate with reliable and top-notch forex brokers. Proficient scalping necessitates the use of reputable and superior brokers and favor the following brokers:

top forex brokers for scalping

1. RoboForex

RoboForex distinguishes itself in the forex trading arena by providing an exceptional platform tailored for efficient and profitable scalping. For those inclined towards scalping, RoboForex offers remarkably tight spreads, starting at just 0.1 pips for Pro Accounts, and a favorable minimum lot size of 0.01. Noteworthy features include a diverse range of assets, featuring 36 currency pairs and an extensive array of over 12,000 CFDs. Particularly beneficial for scalpers is RoboForex’s complimentary VPS hosting and comprehensive support for Expert Advisors (EAs), enhancing automated trading and minimizing latency. The Pro Account is optimized for scalping, offering low spreads, minimal commissions, and a low deposit requirement, empowering traders to maximize profits while minimizing transaction costs.

2. Exness

Exness is renowned for its Zero account, presenting exceptionally low spreads fixed at 0.0 pips for the majority of the trading day. The maximum leverage available is tier-based, ranging from 1:Unlimited for balances under 999 to 1:500 for balances exceeding 30,000. Particularly during weekends and holidays, the leverage caps at 1:200. This Dealing Desk broker mandates a minimum deposit of $10 and provides unlimited maximum leverage.

3. Tickmill

Tickmill boasts a rich selection of 295 tradable assets, covering various CFDs on currency pairs, metals, indices, bonds, cryptocurrencies, as well as futures and options trading. With a typical spread of 0.11 pips on EUR/USD for pro accounts and a maximum leverage of 1:500, it caters well to scalpers. The minimum deposit for pro and classic accounts is set at $100, while the VIP account requires a minimum balance of $50,000.


FXCM stands out as an excellent choice for forex scalping, offering up to 400:1 leverage on CFDs and FX for new accounts. This leverage is adjusted for accounts funded over 50,000 CCY, dropping to 100:1 on FX and 200:1 on CFDs. The account opening minimum is a manageable $50 USD. FXCM’s updated system allows traders to engage with a full range of popular currency pairs and CFDs, boasting average low spreads for EUR/USD at 1.3 pips and for GBP/USD at 1.8 pips.

5. InstaForex

InstaForex caters to scalpers with a maximum leverage of up to 1:1000, enabling account openings with as little as $1. This broker offers competitive spreads, as low as 0.8 pips on its ECN Pro account. The Insta.Standard account features fixed spreads ranging from 2.0 to 7.0 pips, while other accounts offer spreads starting from 1.2 pips.

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When selecting the best scalping broker, traders should look for:

  • Extremely low stop losses to minimize risks.
  • The ability to execute multiple trades daily.
  • No limitations on the duration of open orders, allowing positions to be open for seconds or minutes.
  • Rapid execution of trades.
  • Permission to use auto-trading expert advisors (EAs) capable of handling numerous trades swiftly.

Advantages of the Scalping Strategy:

  1. Suitable for Beginners: Scalping is accessible to beginners, requiring only basic technical analysis skills.
  2. Low Capital Requirement: Minimal deposit requirements make scalping a low-barrier entry point for new traders.
  3. High Trade Volume: Scalpers can execute a large volume of trades within a single trading session, potentially reaching up to 1,000 trades per day.
  4. Market Flexibility: Scalping is versatile and applicable in various market conditions, whether trading with a trend or in a flat, ranging market.

Disadvantages of the Scalping Strategy:

  1. Limited Profit Margin: Due to the brief nature of trades, scalping typically results in minimal profit margins per trade.
  2. Broker Limitations: Not all brokers are conducive to scalping, as some may not offer the necessary conditions, such as tight spreads or rapid execution.
  3. Psychological Demands: Scalping requires a specific mindset characterized by quick decision-making, discipline, and the ability to manage stress due to the fast-paced nature of the strategy.

For beginners interested in scalping, consider the following tips to enhance the chances of success:

  • Learn trading, technical analysis, and risk management before scalping.
  • Concentrate on liquid markets like FX, stock indices, and cryptocurrencies. Focus on a few instruments you know well.
  • Use technical analysis, especially short-term chart patterns and indications. Create a scalping strategy using moving averages, RSI, MACD, and support/resistance.
  • Always avoid emotional trading judgments and risk a modest percentage of your trading capital on each trade.
  • Before trading real money, practice your scalping approach on a demo account. This lets you practice on the scalping trading platform, improve your method, and gain expertise without risking money.

Scalping requires quick thinking and discipline because it’s mentally and emotionally taxing. Beginners should start with longer-term trading techniques and move on to scalping as they gain confidence in its complexities and challenges.


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