Top Forex Trading Platforms For Scalping

The following brokers provide great trading platforms for scalp trading

  • FP Markets FP Markets – Best MetaTrader 5 Forex Broker For Scalping
  • Pepperstone Pepperstone – Best MetaTrader 4 Broker For Copy Trading
  • hotforex logo HotForex – Big Data Al sentiment trading scalping software
  • FXCM FXCM – Trading Station is good for scalping with no commission
  • fxpro logo FxPro– cTrader good for scalping with fast processing speed
  • fxtm logo FXTM – Highest leverage forex trader scalping broker
  • oanda logo Oanda – TradingView has the best web trading platform for scalpers
  • think markets logo ThinkMarkets – ThinkTrader has best for trading with low commission
  • forex.com logo Forex.com – NinjaTrader has to technical analysis for scalpers

FP Markets
Pepperstone
FXCM
FxPro
FXTM
Our Rating
8
9.33
7.93
7.46
6
The vast majority of retail investor accounts lose money when trading CFDs.
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider
66% of retail investor accounts lose money when trading CFDs with this provider
76.14% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
77% of retail investor accounts lose money when trading CFDs with this provider

Regulations and Licenses

Feature
FP Markets
Pepperstone
FXCM
FxPro
FXTM
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
CYSEC (Cypus)
IIROC (Canada)
DFSA (Dubai)
BaFin (Germany)
FSC (Mauritius)
SCB (Bahamas)

Brokerage

Feature
FP Markets
Pepperstone
FXCM
FxPro
FXTM
EUR/USD Avg. Raw Spread
0.20
0.17
0.22
0.34
0.3
GBP/USD Avg. Raw Spread
0.40
0.59
0.80
0.43
0.5
AUD/USD Avg. Raw Spread
0.30
0.24
0.40
0.81
0.5
EUR/USD Standard Spread
1.30
0.75
-
1.52
1.9
EUR/USD Fixed Spreads
-
-
1.79
-
Commissions (USD Base)
$3.00
$3.50
$3.00
$4.50
$2.00
Minimum Deposit
$100
$0
$300
$0
$500
Swap Free Account
No Inactivity Fees
Funding Methods
10+
16+
8+
4+
13+
No Funding Fees

Markets and Instruments

Feature
FP Markets
Pepperstone
FXCM
FxPro
FXTM
Currency Pairs
63+
62+
42+
69+
63+
Cryptocurrency CFDs*
4+
12+
7+
30+
-
Index CFDs
14+
14+
13+
24+
11+
Share CFDs
12,986+
300+
15+
150+
180+
Commodities CFD
7+
9+
12+
21+
7+
Stockbroking
-
-
-
10+
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 200:1
30:1
Pro. Max Leverage (Australia)
500:1
500:1
500:1
-
300:1
Retail Max. Leverage (The United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max. Leverage (The United Kingdom)
500:1
500:1
500:1
200:1
300:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max. Leverage (Europe)
500:1
500:1
500:1
200:1
300:1
Retail Max. Leverage (UAE)
-
Major Pairs 30:1
Minor Pairs 20:1
-
-
30:1
Pro. Max. Leverage (UAE)
-
500:1
-
-
300:1
Retail Max. Leverage (Canada)
-
-
Major Pairs: 50:1
Minor Pairs: 33:1
-
-
Retail Max. Leverage (South Africa)
-
-
Balance:
0-50k 400:1
50k+ 200:1
-
-
Pro. Max. Leverage (South Africa)
-
-
-
200:1
-
Retail Max. Leverage (With offshore regulators)
500:1
200:1
Balance:
0-50k 400:1
50k+ 200:1
200:1
Accounts:
Advantage & Advantage+ 2000:1
Micro Account 1000:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations

Trading Platforms + Tools

Feature
FP Markets
Pepperstone
FXCM
FxPro
FXTM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account
Unique Feature
Fastest Limit Order Execution Speed
Smart Trader Tools
Large range of trading platforms
1,300,000 client accounts
Floating leverage

Overall