Printable View
Scalping is the most effective and simple method of trading through which the trader can secure profit in a very short time. That is why newbies are mostly attracted to this trading method. Scalper requires a free trading platform of restrictions that I am receiving from my Broker AAFX. This ECN broker has an MT4 trading platform where, as a scalper, I am getting micro opportunities to invest in lots, 0.2 pips spread and 1:2000 leverage facility.
Scalping in the forex market involves trading currencies based on a set of real-time analysis. The purpose of scalping is to make a profit by buying or selling currencies and holding the position for a very short time and closing it for a small profit. As a scalper I am running well with Trade12 broker with whom I have smart bridge technology, technical errors free trading platform, high trading leverage and narrow trading spread.
To all Forex traders brokers are the most important part. To buy and sell foreign currencies Forex brokers are firms that provide currency traders with access to a trading platform that allows them. With Forex4you as an STP broker I am trading, with wide range of deposit bonus with the lowest commission they allow small investors. As a retail Forex broker, a currency trading broker also known who handles a very small portion of the volume of the overall foreign exchange market.
Scalping is a profitable short term strategy but it has risk also. Most traders do not get success just because of scalping. Scalping tends us to do more trading. As a result it creates undisciplined traders. After getting skilled you can do scalping. For scalping you need a good broker like MaximusFx that provides low spreads and instant trade execution. It also gives very low spreads and up to 1000:1 leverage.
Trading in Forex market is everyone’s dream now. But leading a profitable and successful trading life is not easy or every trader especially for the new traders. The new trader should first select a reliable broker who will give free demo account. FXdirects is a perfect trading package for all types of traders especially for the new traders since they arrange free demo account and other real trading accounts in their platform.