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Best Scalping Forex broker comparison

Updated on: October 31st, 2020

scalping forexFinding the best scalping forex broker isn’t always easy in Canada.

On ForexCanada.ca you’ll find a comparison of all the major scalping fx brokers sorted by broker type, regulation, trading platform and deposit method.

You will find reviews from Canadian traders for every broker user to make their search easier.

Top Scalping Forex brokers in Canada

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How do I find the right scalping broker?

Read the experiences and reviews of other traders on scalping brokers. Therefore, compare all listed scalping brokers to find the most effective scalping broker for you.

Scalping forex broker comparison

With scalping brokers, the so-called “scalping” is expressly allowed as a trading strategy. It isn’t made harder by the broker, for instance, by widening the spreads, delaying executions or slippage, or even punishing it with an account closure.

Scalping forex is the cutting out of often just a couple of ticks from the market. Scalpers tend to be in the most liquid markets just like the Forex market. The immediate order execution is the most basic a part of scalping.

Using Forex Scalping in Canada

Many forex traders in Canada are using this trading strategy to make tons of profits. Scalpers often attempt to see price movements just a couple of ticks ahead by looking into the order book or by analyzing technical charts and to profit from them.

Forex scalpers usually only take a couple of ticks in the market. They only hold their positions for a couple of seconds to minutes. A high level of leverage is another important factor in this strategy. For the reasons mentioned above, scalping should only be applied with forex brokers who expressly allow this trading strategy and for whom scalping is additionally possible because of the technical requirements (fast order execution, no requotes, low spreads, no slip flag).