Vaco
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Depends on if its a bucket shop or not, if your trading dma and been charged a commission they dont care, they make more money from you.
If you trade with a forex broker that only hedges large orders and you place large orders but have a scalping strategy it is difficult for them to hedge and they lose out.
If you trade with a forex broker that only hedges large orders and you place large orders but have a scalping strategy it is difficult for them to hedge and they lose out.
oildaytrader
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Brokers are scalpers ,scalpers screw brokers .brokers don't like being screwed.
Scalper is competitor of broker ,and drying up liquidity in bucket shop especially when liquidity providers have wide spreads in low liquidity sessions
Brokers hate scalpers , hence many platforms like FXCM AND odl will not allow pending limit orders within <8 pips of price.On real accounts scalping prohibited, by virtue of NO PENDING LIMIT ORDERS WITHIN 8 PIPS OF PRICE.
How is broker going to operate ,if no liquidity at low spreads fixed by broker?
O D T
Scalper is competitor of broker ,and drying up liquidity in bucket shop especially when liquidity providers have wide spreads in low liquidity sessions
Brokers hate scalpers , hence many platforms like FXCM AND odl will not allow pending limit orders within <8 pips of price.On real accounts scalping prohibited, by virtue of NO PENDING LIMIT ORDERS WITHIN 8 PIPS OF PRICE.
How is broker going to operate ,if no liquidity at low spreads fixed by broker?
O D T
Jason Rogers
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Brokers running a dealing desk will not put restrictions on scalping strategies.
FXCM does not have restrictions on entry orders or scalping strategies since the platform uses no dealing desk execution. You can put a pending order as close to the market price as you want.
