As you probably know, choosing a reputable FX broker is not an easy task at best, especially for intensive intraday traders (some of them are also known as scalpers). The truth is that not all FX brokers are loyal to intensive intraday traders, which means they openly or secretly prevent such traders from making profits or trading currencies at al. With that said, the choice is pretty much limited since it narrows down to a handful of broker who don’t care about the strategies their traders use or openly welcome intensive intraday trading. Unfortunately, there are some FX brokers in the contemporary FX industry that plainly do their best to oust intensive traders since they often overload the trading software and cause other types of difficulties.
This leads us to believe that it is always a good idea for intensive intraday traders to choose among those FX brokers that welcome all kinds of trading strategies, including scalping and other kinds o intensive trading strategies. They do not limit you in terms of trading strategies and number of orders.
Simply put, if you are intensive FX trader who likes opening dozens (if not hundreds) of short-term trades per day, you should consider only those FX companies that set few-to-zero limits on the number of trades as well as trading strategies used and stuff like that.
Browsing the web for such brokers can be time-consuming and tedious more often than not. However, there is an excellent way out. The thing is that Masterforex-V Expo introduced another rating of FX brokers a couple of months ago. This time the list includes the best FX brokers tailored to scalpers’ needs. This is another unbiased rating helping thousands of FX traders make the right choice.
The rating is updated on a monthly basis. The latest update took place in September. With that said, the latest rating looks as follows:
The top 3 brokers for intensive intraday traders are:
-Tickmill
-Yandix
-AMarkets
They are followed by:
- FBS Markets Inc.
- InstaForex
- EXNESS
- MaxiMarkets
- ActivTrades
- RoboForex
- Admiral Markets
- 3TG Brokers
- AAAFX
- AccentForex
- Blackwell Global
- CIM Bank
- Bulbrokers EAD
