Forex broker for scalping

Als · Dec 26, 2010

Hi

my interest is FOREX high leverage active sculping

but demo is often very different from live

example FXPRO

demo looks great but web reviews send warning of manipulations when account is opened ---------

newcoming brokers offer 1/300 1/500 leverage but many of them are not trustworthy

reliable STP broker is needed

Be so kind give your suggestions

thanks in advance

and my respect to fellow traders......

jamesvantage · Dec 29, 2010

Re: Forex broker for sculping

Als said:
Hi

my interest is FOREX high leverage active sculping

but demo is often very different from live

example FXPRO

demo looks great but web reviews send warning of manipulations when account is opened ---------

newcoming brokers offer 1/300 1/500 leverage but many of them are not trustworthy

reliable STP broker is needed

Be so kind give your suggestions

thanks in advance

and my respect to fellow traders......

Vantage FX offers a MT4 STP platfrom. The demo platfrom is mirrored to the live account, and you can scalp the market as much as you like.

Als · Dec 29, 2010

Re: Forex broker for sculping

jamesvantage

You work for vantage?

if you do give your thoughts

there is a remark that 1/500 is available only after special approuval on live

i run demo it looks fine gold is there but no oil

will it be offered soon and what about indexes say several major

all in one platforme

second i am from benelux and what paper work is needed

and how long it will take

thanks

Als · Dec 29, 2010

Re: Forex broker for sculping

jamesvantage said:
Vantage FX offers a MT4 STP platfrom. The demo platfrom is mirrored to the live account, and you can scalp the market as much as you like.

give your reply to my questions

post above

jamesvantage · Dec 29, 2010

Re: Forex broker for sculping

Hello Als,

thanks for your reply. We offer 1:500 leverage but only upto a certain deposit.
We will be offering indcies/indexes in the near future. A tthe moment we we offer all FX majors, gold and silver. To open your account from outside the UK we will need to froms of ID. Which will need to be notorised. Once these documents have been sent your account will take around 24 hours to be sent.
If you have any ther questions please email me at [email protected]

anley · Dec 29, 2010

Look at the brokers offering 300:1 or 500:1 leverage and they all make a big song and dance about it - it's part of their MAIN MARKETING MESSAGE.

I wonder why?

Has anyone thought to look at things backwards, ie if a broker says it's an advantage that's actually true but AN ADVANTAGE FOR THEM NOT THEIR CLIENTS.

Plenty of money to be made, and less to be lost, with 50:1 and no more.

Remember this is a game of risk, rather than profits, and 300:1+ means you're all approaching the game from the wrong way.

Good luck anyway

Als · Dec 29, 2010

anley said:
Look at the brokers offering 300:1 or 500:1 leverage and they all make a big song and dance about it - it's part of their MAIN MARKETING MESSAGE.

I wonder why?

Has anyone thought to look at things backwards, ie if a broker says it's an advantage that's actually true but AN ADVANTAGE FOR THEM NOT THEIR CLIENTS.

Plenty of money to be made, and less to be lost, with 50:1 and no more.

Remember this is a game of risk, rather than profits, and 300:1+ means you're all approaching the game from the wrong way.

Good luck anyway

great thanks for your words of wisdom

but punting 1/100 i lost many times

the reason is simple

one can catch a portion of profit but one assumes the entire loss

only sculping 5-10 pips profit with high leverage

can bring really serious money

yes it is risky but those who do not risk

do not drink expensive champaign !!!!!!

Als · Dec 29, 2010

anley said:
Look at the brokers offering 300:1 or 500:1 leverage and they all make a big song and dance about it - it's part of their MAIN MARKETING MESSAGE.

I wonder why?

Has anyone thought to look at things backwards, ie if a broker says it's an advantage that's actually true but AN ADVANTAGE FOR THEM NOT THEIR CLIENTS.

Plenty of money to be made, and less to be lost, with 50:1 and no more.

Remember this is a game of risk, rather than profits, and 300:1+ means you're all approaching the game from the wrong way.

Good luck anyway

sorry to trouble you one more time

but i am affraid to be wrongly understood

when i trade i do not use more than 30% of deposite

one-two lots and one-two in reserve to break even if things go wrong way

so 300% margin is always present 100% initial and twice as much behind it

plus many brokers allow margin level to fall down to 20-30%

it means additional insurense

and as a bottom line

a sculper needs a broker agent not a broker punter

nothing to say trader's hunter

and i am in search of such rarity

that is why i started this thread(sorry for mistyping in its title)

wackypete2 · Dec 29, 2010

Holy Cow...am I understanding that right?
30% on 1 trade?

Peter

Als · Dec 29, 2010

wackypete2 said:
Holy Cow...am I understanding that right?
30% on 1 trade?

Peter

Cow as.... cow

yes.....1/3 even less is in play and 2/3 minimum in reserve

if you meant 1/500 is dangerous but it is only 20-30% of funds

so it is equal to 1/100

practically small portion of money but several times a day

.....much better than to hold underwater positions witnout knowing

if they recover....

swing trading is not so profitable after all....

simply everyone chooses a style of trading which is more to one s liking....you know....

wackypete2 · Dec 29, 2010

Sounds like you are way overleveraging, my friend.

Peter

St.Sarah · Jan 17, 2012

i think Nordfx good broker for scalping, it is my opinon - i like it)
They have tightest spreads and fast excecution.

Als · Mar 29, 2012

jazzyD said:
The one click trade function on MahiFX is a scalpers dream. There spreads are also tight and order execution is very quick.

you mean pipe dream?

NVP · Mar 29, 2012

Als said:
Hi

my interest is FOREX high leverage active sculping

but demo is often very different from live

example FXPRO

demo looks great but web reviews send warning of manipulations when account is opened ---------

newcoming brokers offer 1/300 1/500 leverage but many of them are not trustworthy
reliable STP broker is needed

Be so kind give your suggestions

thanks in advance

and my respect to fellow traders......

go and research money and risk management...........then understand the meaning of the red area above and where it will lead

N

NVP · Mar 29, 2012

wackypete2 said:
Holy Cow...am I understanding that right?
30% on 1 trade?

Peter

why do we bother pete ?

Mike Kshemaraja · Apr 7, 2012

To scalp well, the spread must be below 1 pip.

Try Hirose Financial UK Ltd., the demo reflect the live one or
EXN account from MB trading, the demo does not reflect the live one but is not much far away(mt4)

Jack_Larkin · Apr 11, 2012

Dukas, Oanda, Pepperstone... all three work well for scalping

Jack_Larkin · May 7, 2012

Jack_Larkin said:
Dukas, Oanda, Pepperstone... all three work well for scalping

Specifically, Pepper's razor account:

https://pepperstone.com/trading-accounts/accounts-razor.php

Mike Kshemaraja · May 7, 2012

Jack_Larkin said:
Specifically, Pepper's razor account:

https://pepperstone.com/trading-accounts/accounts-razor.php

Jack

I contact them, after your previous post, I found them very unhelpful.

Mike

Jack_Larkin · May 7, 2012

Mike Kshemaraja said:
Jack

I contact them, after your previous post, I found them very unhelpful.

Mike

Unhelpful in what sense? I've actually found their customer service to be very knowledgeable and helpful.

What did you need help with?

Forex broker for scalping

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