Scalping Trading

Scalping trading is a fast-paced strategy that takes advantage of market volatility by repeatedly buying and selling. The intraday trading technique aims to take on less risk in return for smaller profits, which can accumulate over time into larger gains. In this tutorial, we cover the definition of scalping trading, how to get started and the best scalping strategies for beginners.

Best Scalping Trading Brokers

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    Founded in Australia in 2010, Pepperstone is a highly regarded broker specialising in forex and CFDs. Serving more than 400,000 clients globally, it provides access to over 1,300 financial instruments through popular platforms like MT4, MT5, cTrader, and TradingView. Its fee structure is both low and transparent. With regulation by reputable bodies such as the FCA, ASIC, and CySEC, Pepperstone guarantees a safe trading environment for traders at every level.

    Instruments Regulator Platforms
    CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:30 (Retail), 1:500 (Pro)
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    Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.

    Instruments Regulator Platforms
    CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs FCA, CySEC, KNF, DFSA, FSC, SCA, Bappebti xStation
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:30
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    FXCC, a well-established brokerage since 2010, offers cost-effective online trading. Registered in Nevis and regulated by CySEC, it is distinguished by its ECN conditions and absence of a minimum deposit requirement. The account opening process is efficient, taking under five minutes.

    Instruments Regulator Platforms
    CFDs, Forex, Indices, Commodities, Crypto CySEC MT4, MT5
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:500
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    IC Markets is an internationally acclaimed forex and CFD broker, admired for its competitive pricing, diverse trading instruments, and superior technology. Established in 2007 and based in Australia, the firm is under the regulation of ASIC, CySEC, and FSA. It has successfully drawn over 180,000 clients from more than 200 nations.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto ASIC, CySEC, FSA, CMA MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower
    Min. Deposit Min. Trade Leverage
    $200 0.01 Lots 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
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    Founded in 2006, FxPro has built a reputation as a reliable non-dealing desk (NDD) broker, providing trading access across more than 2,100 markets to over 2 million clients globally. It has received over 100 industry awards, reflecting its favourable conditions for active traders.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting FCA, CySEC, FSCA, SCB, FSA FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower
    Min. Deposit Min. Trade Leverage
    $100 0.01 Lots 1:30 (Retail), 1:500 (Pro)
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    Founded in 1974, IG is a part of IG Group Holdings Plc, a publicly listed brokerage (LSE: IGG). The company provides spread betting, CFD, and forex trading, offering access to over 17,000 markets. Its platforms and investing apps are notably user-friendly. Over the past 50 years, IG has consistently been an industry leader, excelling in all essential areas for traders.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB, AFM Web, ProRealTime, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral, ProRealTime
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:30 (Retail), 1:222 (Pro)
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    IC Trading belongs to the reputable IC Markets group. Designed for dedicated traders, it offers highly competitive spreads, dependable order execution, and sophisticated trading tools. However, it operates from Mauritius, an offshore financial centre, allowing high leverage but within a less regulated environment.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures FSC MT4, MT5, cTrader, AutoChartist, TradingCentral
    Min. Deposit Min. Trade Leverage
    $200 0.01 Lots 1:500

Safety Comparison

Compare how safe the Scalping Trading are and what features they offer to protect traders.

Safety Comparison
Broker Trust Rating FCA Regulated Negative Balance Protection Guaranteed Stop Loss Segregated Accounts
Pepperstone 4.6
XTB 4.6
FXCC 3.3
IC Markets 4.6
FXPro 4.4
IG Index 4.9
IC Trading 2.8

Payments Comparison

Compare which popular payment methods the Scalping Trading support and whether they have trading accounts denominated in British Pounds (GBP).

Payments Comparison
Broker GBP Account Debit Card Credit Card Neteller Skrill Apple Pay
Pepperstone
XTB
FXCC
IC Markets
FXPro
IG Index
IC Trading

Mobile Trading Comparison

How good are the Scalping Trading at mobile trading using apps or other mobile interfaces.

Mobile Trading Comparison
Broker Mobile Apps iOS Rating Android Rating Smart Watch App
Pepperstone iOS & Android 4.4 4.1
XTB iOS & Android 4.7 4.1
FXCC iOS & Android 4.8 4.4
IC Markets iOS & Android 3.1 4.2
FXPro iOS & Android 4.7 4.3
IG Index iOS & Android 4.6 4
IC Trading iOS & Android 4.8 4.6

Beginners Comparison

Are the Scalping Trading good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?

Beginners Comparison
Broker Demo Account Minimum Deposit Minimum Trade Support Rating Education Rating
Pepperstone $0 0.01 Lots 4.6 4
XTB $0 0.01 Lots 4.3 3.8
FXCC $0 0.01 Lots 4.3 2.5
IC Markets $200 0.01 Lots 4.5 3.5
FXPro $100 0.01 Lots 4 4
IG Index $0 0.01 Lots 4.5 5
IC Trading $200 0.01 Lots 2.8 2.2

Advanced Trading Comparison

Do the Scalping Trading offer features that allow for more advanced trading strategies?

Advanced Trading Comparison
Broker Automated Trading Pro Account Leverage VPS AI Low Latency Extended Hours
Pepperstone Expert Advisors (EAs) on MetaTrader 1:30 (Retail), 1:500 (Pro)
XTB Open API 1:30
FXCC Expert Advisors (EAs) on MetaTrader 1:500
IC Markets Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
FXPro Expert Advisors (EAs) on MetaTrader, cBots on cTrader 1:30 (Retail), 1:500 (Pro)
IG Index Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime 1:30 (Retail), 1:222 (Pro)
IC Trading Expert Advisors (EAs) on MetaTrader, cBots on cTrader 1:500

Detailed Rating Comparison

Use this heatmap to compare our detailed ratings for all of the Scalping Trading.

Detailed Rating Comparison
Broker Trust Platforms Mobile Assets Fees Accounts Support Research Education
Pepperstone 4.6 4.4 4.3 3.8 4.5 4 4.6 4.3 4
XTB 4.6 4 4.4 4 4.3 4 4.3 4.1 3.8
FXCC 3.3 3.3 4.6 3 4 3.5 4.3 2 2.5
IC Markets 4.6 4 3.7 3.5 4.6 4 4.5 4 3.5
FXPro 4.4 4.3 4.5 4 4 3.8 4 4 4
IG Index 4.9 4.9 4.3 4.5 3.5 4 4.5 4.9 5
IC Trading 2.8 4 4.7 3 4 3.5 2.8 3 2.2

Our Take On Pepperstone

"Pepperstone is a premier trading platform, providing tight spreads, swift execution, and sophisticated charting tools for seasoned traders. Beginners benefit from no minimum deposit, comprehensive learning materials, and outstanding 24/7 support."
Tobias Robinson
Tobias Robinson
Reviewer

Pros

  • The award-winning customer support can be accessed through phone, email, or live chat. During tests, response times have consistently been under 5 minutes.
  • Over the years, Pepperstone has consistently garnered recognition from DayTrading.com’s annual awards. Recently, it was honoured as the 'Best Overall Broker' in 2025 and was the 'Best Forex Broker' runner-up the same year.
  • Pepperstone presents itself as an economical choice for traders, offering spreads as low as 0.0 in its Razor account. The Active Trader programme provides rebates up to 30% on indices and commodities, plus $3 per lot on forex.

Cons

  • Pepperstone's demo accounts expire after 30 days, which may not provide sufficient time to explore various platforms and evaluate trading strategies.
  • Although its market range has improved, its crypto offerings remain limited compared to brokers specialising in this sector, lacking real coin investment options.
  • Pepperstone doesn't offer cTrader Copy, a favoured feature for copying trades found in the cTrader platform, which is available on other platforms such as IC Markets. However, Pepperstone has launched its own user-friendly copy trading app.

Our Take On XTB

"XTB emerges as an ideal option for novice traders, offering the impressive xStation platform, zero commission pricing, no required minimum deposit, and outstanding educational resources, many of which are conveniently integrated into the platform."

Pros

  • Top-notch customer support, available 24/5, includes a welcoming live chat with response times under two minutes during tests.
  • Setting up an XTB account is straightforward and fully online, requiring only a few minutes. This simplicity eases new traders into the world of trading.
  • XTB ensures swift access to funds, providing fast withdrawals with same-day payments for requests made before 1 pm.

Cons

  • The demo account lasts only four weeks, posing a challenge for traders wanting to fully explore the xStation platform and refine short-term strategies before investing actual money.
  • XTB has stopped supporting MT4, restricting traders to its own platform, xStation. This decision may discourage experienced traders accustomed to using the MetaTrader suite.
  • The research tools at XTB are commendable but have the potential to excel further. Enhancing them with access to top-tier third-party services like Autochartist, Trading Central, and TipRanks would significantly elevate their offering.

Our Take On FXCC

"FXCC remains a top choice for forex traders, offering over 70 currency pairs, very tight spreads from 0.0 pips in tests, and high leverage up to 1:500 with the ECN XL account."

Pros

  • There are no limitations on short-term trading techniques such as trading and scalping.
  • FXCC offers competitive and transparent ECN spreads starting from 0.0 pips, with no commissions. This makes it one of the most cost-effective forex brokers available.
  • The complimentary education section, featuring the 'Traders Corner' blog, provides a wide array of resources suitable for traders of all experience levels.

Cons

  • While the MetaTrader suite excels in technical analysis, its outdated design detracts from the overall trading experience, particularly when contrasted with contemporary platforms such as TradingView.
  • FXCC's exclusive MetaTrader platform is a limitation, especially when compared to more versatile options like AvaTrade, which offers five different platforms to cater to various trader needs.
  • Unaware traders might face steep withdrawal fees, such as a notable $45 for bank transfers.

Our Take On IC Markets

"IC Markets provides excellent pricing, swift execution, and easy deposits. With cutting-edge charting tools like TradingView and the Raw Trader Plus account, it continues to be a preferred option for intermediate and advanced traders."

Pros

  • Access over 2,250 CFDs across diverse markets like forex, commodities, indices, shares, bonds, and cryptocurrencies. This variety enables traders to employ diversified strategies.
  • In 2025, IC Markets earned DayTrading.com's accolade for 'Best MT4/MT5 Broker' due to its top-tier MetaTrader integration. This achievement highlights the broker's continuous refinement over the years to enhance the platform experience.
  • As a well-regulated and reputable broker, IC Markets focuses on client safety and transparency to provide a dependable global trading experience.

Cons

  • IC Markets provides metals and cryptocurrencies for trading through CFDs, though the selection is narrower compared to brokers such as eToro. This limits opportunities for traders focused on these asset classes.
  • Interest is not paid on idle cash, a feature gaining popularity with alternatives such as Interactive Brokers.
  • Although there are four top-tier third-party platforms available, the absence of in-house software or a trading app tailored for novice traders is notable.

Our Take On FXPro

"FxPro is an excellent choice for traders, offering swift execution speeds under 12ms, reduced fees since 2022, and outstanding charting platforms like MT4, MT5, cTrader, and FxPro Edge."

Pros

  • FxPro uses a 'No Dealing Desk' (NDD) model for swift and transparent order execution, usually within 12 milliseconds, making it well-suited for short-term trading strategies.
  • FxPro provides four dependable charting platforms, including the user-friendly FxPro Edge. It features more than 50 indicators, 7 types of charts, and 15 different timeframes.
  • FxPro's Wallet is a notable feature enabling traders to securely manage their funds. It ensures additional protection and ease by separating unused funds from active trading accounts.

Cons

  • FxPro offers customer support five days a week around the clock, accessible via various platforms, and the service quality is reliable based on tests. However, the absence of weekend support can be a drawback for traders requiring help beyond standard market times.
  • There are no passive investment options such as copy trading or interest on cash. While traders might not find these essential, competitors like eToro, which accommodate both active and passive investors, offer more extensive services.
  • FxPro, with its $10M funded demo account and expanding Knowledge Hub, mainly caters to experienced traders. Beginners might find its account and fee structure challenging to understand.

Our Take On IG Index

"IG offers a complete package with an intuitive online platform, top-tier beginner education, advanced charting tools through its TradingView integration, real-time data, and swift execution for seasoned traders."

Pros

  • IG provides a wide range of professional and engaging educational materials, such as webinars, articles, and analyses, tailored for traders.
  • The ProRealTime advanced charting platform remains free, provided traders meet modest monthly activity requirements.
  • IG stands out with its extensive range of instruments, offering stocks, forex, indices, commodities, and cryptocurrencies. Additionally, it has recently introduced US-listed futures and options, along with an AI Index. These options enhance opportunities for diversification in trading.

Cons

  • In the UK and EU, negative balance protection is available. However, US clients lack account protection and guaranteed stop losses.
  • IG imposes a monthly inactivity fee of $12 after two years, discouraging occasional traders.
  • IG has ended its swap-free account, diminishing its attractiveness to Islamic traders.

Our Take On IC Trading

"IC Trading offers an ideal environment, featuring top-tier execution speeds of around 40 milliseconds, extensive liquidity, and advanced charting tools, perfect for scalpers, traders, and algorithmic traders."
Christian Harris
Christian Harris
Reviewer

Pros

  • IC Trading provides exceptional flexibility, allowing traders to open as many as 10 live accounts and 20 demo accounts. This enables the management of distinct profiles for various activities, including manual and algorithmic trading.
  • Trading Central and Autochartist provide valuable technical analysis and actionable ideas. These tools are readily available within the account area or on the cTrader platform.
  • The streamlined digital account setup allows traders to commence trading swiftly, eliminating lengthy paperwork. Testing shows the process takes mere minutes.

Cons

  • The educational materials require significant enhancement unless accessed via the IC Markets website. This limitation is particularly disadvantageous for beginners seeking a thorough learning experience, especially when compared to industry leaders such as eToro.
  • Unlike IC Markets, IC Trading lacks support for social trading via the IC Social app or the ZuluTrade platform.
  • Customer support was inadequate during testing, with multiple live chat attempts going unanswered and emails ignored. This raises significant concerns regarding their capacity to manage urgent trading issues.

What Is Scalping Trading?

Scalping trading is a technique that chases small returns by trading across short timescales of minutes or even seconds. Each trade aims to scalp just five or ten pips, based on the theory that the trader is exposed to less risk in these reduced time periods. However, high leverage is often used to enable adequate returns from this intraday trading style. The aim is to generate substantial returns through a high number of smaller wins.

Scalping trading systems

Scalping is possible because of price fluctuations, though volatile markets come with heightened risk. It is a strategy that can be applied to sideways markets, making it a great solution for day traders who aren’t willing to wait for a trending market.

Scalping Trading vs Day Trading

The main difference between scalping and day trading is the time period used. Scalping timeframes may be only minutes or seconds, whereas a day trader may look to hold a position for several hours at a time. Either way, scalpers and day traders avoid holding positions overnight, unlike swing traders who may hold positions from a few days up to a few months.

Markets

Scalping trading can be applied to all markets including forex, cryptos, stocks, binary options and CFDs. However, derivatives such as CFDs are particularly suited to scalping trading because they can be traded with leverage. The lack of leverage and high fees associated with trading stocks makes them less suitable for scalping trading. The same applies to indices such as the FTSE100, NIFTY BANK, DAX and ASX.

Pros & Cons Of Scalping Trading

Here, we review the benefits and drawbacks of scalping trading.

Pros

  • Versatility – scalping can be used across a range of asset types and during flat markets, meaning positions can be opened at any point.
  • Risk level – assuming that traders execute strict exit strategies, scalping can be less risky due to the short timeframe of each trade.
  • No requirement for in-depth research – unlike in news trading, scalpers don’t need to carry out in-depth research of the particular market, currency pair or company they are trading. However, traders should still be aware of any scheduled news releases that will have an impact on asset price. Market Profile is a good way to keep on top of the overall market context when scalping trading.

Cons

  • Leverage risks – high leverage is required to generate decent returns when scalping. The use of leverage multiplies losses as well as gains, making it a riskier trading strategy overall.
  • Discipline – scalpers must not be tempted to deviate from their strategy in an attempt to profit from an extra few pips. This can rapidly result in losses that will wipe out any scalping trading wins.
  • Fees – scalping involves the execution of a high number of trades meaning fees can quickly eradicate profits, especially if commission is charged per trade.
  • High pressured environment – scalping is an intense trading strategy that requires focus for long periods of time and is therefore not suited to all traders.

How To Start Scalping Trading

Choosing A Broker

A broker is essential for anyone looking to start scalping trading. However, with some brokers banning scalping trading – usually market makers who are not guaranteed to profit off the trade – the first thing to check is whether they permit scalping trading.

No dealing desk brokers are recommended for scalping trading, as they enable faster market access through Electronic Communication Networks (ECN) or Straight Through Processing (STP). These are digital systems that automatically match buyers and sellers for fast execution. ECN offers better spreads but high fixed commission fees and higher minimum trading volumes. STP has lower trading volume requirements, but brokers can trade against clients.

Scalping trading providers

Next, check if the broker is regulated. The Financial Conduct Authority (FCA) in the UK ensures that clients funds are protected up to £85,000 by the Financial Services Compensation Scheme (FSCS). However, regulations enforced by these authorities may limit your trading strategy, with the FCA limiting leverage to 1:30.

Check the broker’s spreads and fees are sufficiently low for your scalping trading strategy. High one-off fees per trade (which are usually charged when trading stocks) will make it almost impossible to carry out profitable scalping. Large spreads will also make it more difficult to generate a profit as the price has to move by a larger amount.

Finally, check which tools and systems the broker has available. Their trading platform should be easy to navigate and offer the chart and indicator types required by your trading strategy. Opening a demo account is a great way to trial their trading platform, and will also allow you to practise your scalping strategies using virtual funds. A live news feed will help you react more quickly to unexpected price swings caused by financial reporting, and access to Level II quotes will enable you to see the full order book to better predict future prices.

Overall, Binance is a recommended broker for scalping trading Bitcoin and other cryptocurrencies, with a great desktop app offering. Forex.com and Pepperstone’s Razor account are other good options for scalping trading in the UK. Unfortunately, scalping trading is forbidden on Trading 212, eToro and Plus500.

Derive A Plan

A plan of action is key to carrying out successful scalping trading. Here, we list the essentials to consider when deriving a plan.

  • Select a market – scalping trading is best suited to assets with high liquidity, to enter and exit positions easily. Some of the best forex scalping trading strategies are based on major and minor currency pairs, because they have the highest liquidity and lowest spreads which makes them a safer trade. Exotic pairs can be more volatile which may reap more profit but at a greater risk. When putting together a crypto trading strategy, try a less volatile altcoin such as Bitcoin first.
  • Choose a time to trade – the best time to trade is when the markets are most liquid. For forex scalp trading, this is 12-4pm GMT, as the New York and London exchanges are both open.
  • Select your target – a common strategy is the 50 pips a day forex trading strategy, where traders aim to make 50 pips profit from price movements of a single currency pair. For this, the currency pair must have at least a 100 pip per day range, making GBP/USD and EUR/USD viable options.
  • Pick a strategy – this is likely to involve the use of technical indicators to enhance your trading strategy. In the next section, we give examples of how you can use technical analysis to better predict price movements.
  • Implement risk management – decide your risk-reward ratio and implement a stop loss accordingly. The risk-reward ratio is the amount of capital you could lose versus the amount of profit you’re aiming to achieve. There is no fixed rule for which ratio should be used, as this depends on factors such as fees and the volatility of the market, though 1:2 is common.
  • Keep a trading journal – this will guarantee you keep on top of your scalping trades throughout the day and can help you learn from previous mistakes. Just make sure your attention isn’t diverted from executing trades.
  • Focus on one trade at a time – one of the most important rules when scalping trading is to ensure you aren’t distracted. Holding more than one position is difficult and may cause you to lose focus.

Scalping Trading Strategies

To ensure scalping trading is profitable, traders need an edge. Scalping trading can be enhanced through the use of technical indicators, to better predict future price movements. Here, we explain how to use popular indicators to carry out some of the best scalping trading techniques, which can be used across multiple systems including MetaTrader 4.

Bollinger Bands

Bollinger bands indicate the volatility of an asset using a middle, lower and upper band. The middle band is a moving average (often a 20 day period) which indicates the price trend. The lower and upper bands are positioned either one or two standard deviations above and below the middle band. A tightening of the upper and lower bands indicates a reduction in volatility, whilst a separation shows the opposite.

Scalping trading systems

The Expansion of Bollinger Bands shows an Increase in Market Volatility

First, use the distance between the Bollinger Bands to determine whether to open a position based on the current market volatility. When scalping trading, a 1 minute or 5 minute timeframe is most suitable. Higher volatility comes with increased risk as the price can quickly jump even in short timescales. For a safer scalping strategy, only buy and sell when the Bollinger Bands are flat, which signals a trading range (observed from 21:00 to 04:30 in the above chart).

With the 1 or 5 minute scalping trading system still setup, use the position of the bands to determine when to buy or sell the forex pair. If the price touches the lower Bollinger Band, this indicates an underbought region and is a buy signal. If the price touches the upper Bollinger Band, the asset is considered overbought and this is an indication to sell.

Stochastic Oscillator & RSI

The Stochastic Oscillator and Relative Strength Index (RSI) can provide further insights when scalping trading, especially when used together. While the RSI indicates oversold and overbought conditions, the Stochastic Oscillator can be used to detect trend reversals.

The RSI calculation is based on previous trading prices, usually the 14 days prior. The index is a scale of 0-100, with 30 typically quoted as the threshold under which an asset is underbought. A reading over 70 is considered to be overbought.

The stochastic oscillator also uses a scale from 0 to 100 to highlight changes in trend. It works by calculating the acceleration of price changes (called momentum), based on the theory that the momentum of an asset will often change before the price itself. Recognising reverses is important in scalping trading, where every pip counts.

The RSI and the Stochastic Oscillator can be used in combination to determine entry and exit points:

  • If the RSI is showing as overbought (above 70) and the stochastic indicator is showing a trend reversal from a bullish market, sell
  • If the RSI is showing as underbought (below 30) and the stochastic indicator is showing a trend reversal from a bearish market, buy

By using the stochastic oscillator in combination with the RSI, buying an underbought asset that doesn’t observe a trend reversal and therefore continues to see a price drop is avoided (and vice versa).

Scalping trading setups

Using the RSI in Combination with the Stochastic Indicator

Scalping Algo Trading

Robots can add significant value when it comes to scalping trading, due to the quick and precise nature in which trades need to be enacted.

Algorithmic bots can be used for automated scalping trading by buying or selling at a specified price, which is also known as system trading. However, robots are not foolproof and their effectiveness is determined by the trader’s inputs, which should reflect a planned trading strategy with sufficient risk management in place.

Some trading platforms offer a codebase where users can download free or paid for bot software that has been developed by programmers. For example, the popular MetaTrader platforms have a library of bots called ‘Expert Advisors’ (EAs), that are created using the MQL programming language. Examples include the hamster scalping trading robot EA which uses the RSI and ATR indicators and the 1 tick scalping strategy bot.

Traders may also want to program their own bot or commission a programmer to develop a bespoke scalping bot for them. Outside of MetaTrader, other platforms offer equivalent automated trading, some of which is based on more popular programming languages such as Python.

Further Research

Understanding the fundamentals is crucial before entering the fast-paced world of scalping trading. There are numerous online courses available for beginners who want to learn more about how scalping trading works. YouTube is a great source of strategy training content, including videos of traders scalping in real-time. Live scalping trading rooms are also a great way to see strategies first hand.

Once the basics are covered, there are many books, eBooks and online forums to pick up scalping trading tips. While TradingView offers scalping trading analysis from a range of sources, traders can also take advantage of free online downloads such as the ‘Top 5 Scalping Trading Strategies’ PDF or articles such as ‘Scalping for Profits as a Day Trading Strategy for Dummies’.

Wrapping Up Scalping Trading

Scalping trading is an intense strategy that relies on focused execution of short timeframe trades. Though not an easy technique to master, it can lead to substantial returns if executed correctly. While scalping can be applied to all markets, it works best with low fees, high liquidity and leverage, making major forex pairs highly suited to scalping trading methods.

Preparation is key, so following our step-by-step guide to finding a broker and creating a plan is the best way to execute a successful scalping trading strategy.

FAQ

What Is A Scalp In Trading?

A scalp aims to make a small profit of just a few pips by trading for very short timescales of just minutes or even seconds. It is based on the theory that the trader is exposed to less risk when trading in these shorter periods.

Is Scalping Trading Illegal In The UK?

Scalping trading is legal in the UK though some brokers do not permit it. Make sure to check the broker’s T&Cs and rules before starting scalping trading.

What Is The Best Scalping Strategy?

Some of the best scalping strategies are based on simple techniques, to ensure the trader can remain focused. Using the RSI and Stochastic Oscillator in combination is a great way to predict the price trend and identify oversold and underbought regions in parallel.

How Do I Scalp Gold In Forex?

XAU/USD is a gold forex pair that can be traded using scalping strategies. Its stability means it is more predictable than other assets but may not provide as high returns. FXTM is a broker that permits scalping and offers XAU/USD.

Does Scalp Trading Work?

It is possible to generate good returns from scalping trading if the trader is disciplined and focused. As with all trading, scalping is not risk-free and traders should ensure they have appropriate stop losses in place.

Further Reading