Updated on: October 31st, 2020
Finding 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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- FXCC Broker Benefits
- Spreads from 0.0 pips
- MT4 Platform
- Fast payouts
- FXCC Broker Review
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- FPMarkets Benefits
- Over 250 assets
- Secure banking options
- Fast execution
- FPMarkets Review
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- Avatrade Benefits
- Long-established in the market
- Great ongoing promotions
- Commission-free trading
- Avatrade Review
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- Fusion Markets Benefits
- Lowest cost
- Copy trading available
- Lots of trading platforms
- Fusion Markets Review
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- IFC Markets Benefits
- Low minimum deposit
- Speedy payouts
- Islamic accounts available
- IFC Markets Review
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- Easymarkets Broker Benefits
- Excellent mobile app
- No slippage
- Fantastic customer support
- Easymarkets Broker Review
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- Fortrade Broker Benefits
- Over 500 instruments
- Speedy payouts
- Generous bonuses
- Fortrade Broker Review
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- FXChoice Broker Benefits
- Zero deposit fees
- Best mobile app UI
- No inactivity fees
- FXChoice Broker Review
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- Questrade Benefits
- Refer a friend & earn bonus
- Great investing experience
- Low non-trading fees for CAD accounts
- Questrade Review
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- Forex.com Benefits
- Diverse range of deposit options
- Market research portal
- Proprietary platform
- Forex.com Review
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).