Sunday, February 17, 2008

Know brokers you can scalp with in Forex

My personal opinion is: if you are determined to scalp, don't be shy to ask brokers about their scalping tolerance before signing up with them.

Scalping is a great way to trade if you know how to scalp right. You would also need to find the best spread possible for the currency pair you'd like to use for scalping.
Usually traders go with EUR/USD, however if you find a good offer on other pairs why not try them as well.

Anyway, it all boils up to a particular broker that will really allow you to scalp without restricting you in any manner.

Here is a list of Forex brokers that allow scalping. Quite a good example that may help you to start with your own research.

Good luck and happy scalping in Forex!