Scalping is a trading strategy that involves making multiple trades within minutes or even seconds, capitalizing on small price changes. This high-frequency trading technique requires a broker that offers low spreads, fast execution, and minimal or no restrictions on trading intervals or the frequency of trades. Here are some forex brokers known for allowing scalping and providing favorable conditions for scalpers:

1. Pepperstone

• Features: Pepperstone is highly regarded for scalping due to its ultra-low latency execution and access to deep liquidity pools. It offers ECN-like pricing and allows traders to scalp on both MetaTrader and cTrader platforms.
• Platforms: MetaTrader 4, MetaTrader 5, cTrader.
• Regulation: ASIC, FCA, DFSA, SCB, BaFin, CySEC, CMA.

2. IC Markets

• Features: Known for having some of the tightest spreads in the industry, IC Markets is a favorite among scalpers. It provides real-time price feeds and allows for unrestricted scalping along with high leverage options.
• Platforms: MetaTrader 4, MetaTrader 5, cTrader.
• Regulation: ASIC, CySEC, FSA.

3. XM

• Features: XM offers low spreads and high execution speed, essential for effective scalping. It supports micro lot trading which is beneficial for scalpers looking to manage risk effectively.
• Platforms: MetaTrader 4, MetaTrader 5.
• Regulation: IFSC, CySEC, ASIC, DFSA.

4. HotForex (HF Markets)

• Features: HotForex provides flexible leverage and tight spreads, supporting scalping across a broad range of instruments. They also offer a specialized account for zero spreads.
• Platforms: MetaTrader 4, MetaTrader 5.
• Regulation: FSC, CySEC, FCA, DFSA, FSA.

5. FXPro

• Features: FXPro is known for no dealing desk intervention and offers cTrader platform, which is particularly suited for scalping due to its pricing model that provides lower spreads and charging commissions per trade.
• Platforms: MetaTrader 4, MetaTrader 5, cTrader, FXPro Edge.
• Regulation: FCA, CySEC, FSCA, SCB.

6. OANDA

• Features: OANDA supports scalping with no minimum distance for stop and limit orders, providing flexibility for scalpers to operate as they see fit. They offer a strong execution engine that can handle frequent intra-day trades.
• Platforms: MetaTrader 4, OANDA Trade platform.
• Regulation: FCA, NFA, MAS, ASIC.

7. Tickmill

• Features: Tickmill offers a Pro account with very low spreads and a commission-based pricing structure that is ideal for scalping strategies. Fast execution and ECN liquidity are other highlights.
• Platforms: MetaTrader 4.
• Regulation: FCA, CySEC, FSA.

Tips for Choosing a Broker for Scalping:

• Check Trading Conditions: Look for brokers that offer low latency execution and low spreads.
• Understand Fees and Commissions: Some brokers might offer lower spreads but charge higher commissions. Calculate the overall trading cost to see if it fits your scalping strategy.
• Read the Fine Print: Always check the broker’s policy regarding scalping. Some brokers may allow it theoretically but have terms and conditions that make it impractical.
• Try a Demo Account: Before committing to any broker, use a demo account to test if the trading environment is suitable for your scalping strategy.

By choosing a broker that supports scalping openly and provides the necessary technical conditions, you can engage in this high-frequency trading strategy more effectively. Always ensure that the broker is well-regulated and reputable to avoid potential issues.