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Position Sizer
Calculate risk-based position size directly in your MetaTrader platform and execute a trade in one click or a press of a button.Education
What Is Forex
Learn what Forex is and how it works from this simple explanation.Indicators
Supertrend
Download the Supertrend indicator for MT4 and MT5 to detect trend changes based on the price action.Tools
Position Size Calculator
Calculate your position size based on risk, stop-loss, account size, and the currencies involved. A simple online calculator for quick results.Forex Brokers for Scalping
If you prefer using scalping as your primary trading strategy, you will need to find a broker that does not mind when hundreds of positions are closed with near-zero profit or loss. Best scalping Forex brokers offer an opportunity to hold positions for mere seconds and use tight stop-loss orders on them. Some of the listed brokers, while allowing scalping in general, impose some restrictions on scalpers in form of additional commission, spreads or trade number limits. You will find 167 brokers listed in the table below.
There are following reasons to select one of the brokers that allow scalping:
- You plan to trade very frequently, not necessarily to scalp for few seconds' profit. Perhaps, you just need to open many positions across multiple currency pairs.
- You want to be able to open and close positions fast and with minimum slippage.
- Some of these Forex brokers offer trading from tick charts, which can be useful for any strategy.
- The expert advisor you are using may try opening several positions during a short period of time. It will have a higher chance for success with a scalping-friendly broker.
