Futures vs forex scalping costs

[janpec1000]

Hello fellow traders! I have been scalping plenty lately /30+ trades per day (3 pip TP) on FX and wondering what are generally costs of scalping on E6 instrument. Currently i am paying 0.6 pip per trade with commission and spread and i am wondering if costs on futures are cheaper.

 

[drtro]

I don't know what pips are. Never got into FX. But Futures is a great platform for scalpers, depending on your brokerage. I pay about $4.30 round trade in commissions, so even 1 tick scalping /CL is profit to me (although I don't scalp).

I make about 5 trades a day tops. I risk 10-15 and aim for 20+ ticks.

 

[janpec1000]

Thank you for your input drtro. Ok that makes sense, 1 tick being valued at 10 bucks, you cover your cost in half tick. So basically from what i see costs are pretty much equal to my ECN broker, since pips and ticks are nearly equal in E6/EURUSD. Half pip cost in fx, half tick cost in futures.