I'm looking for a reliable broker that is preferably regulated by major providers like ASIC or FCA.My main criteria is low spreads and commissions since i'm a scalper. I also want the broker to be stable even during high volatile market movements like news events. Any recommendations?
You can improve your search if you expand the list of regulators by adding FCA. I think most of the reliable brokers have FCA licensed branch basically this tells us that broker supports safe trading option and does generate its revenue from spreads and commissions (true ECN).