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Scalping pay more spread to broker still some broker dont allow it, why?


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96 replies to this topic

#81
sidejob

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True annemorris, they are pseudo broker or the broker which don't have good intention to traders. Why we should limit scalping? That is legal way to trade and nothing wrong with it, and if one broker cannot afford more servers i think that broker is not ready to be a broker, since becoming a forex broker we must expect this kind of trading.


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#82
myregister

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That broker either pseudo broker or small broker which doesn't have much funds to start the business as broker. When somebody want to start the business they must know that it takes lots of money to be a broker, from support and to the availability of server must be reconsidered first.


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#83
sidejob

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That broker either pseudo broker or small broker which doesn't have much funds to start the business as broker. When somebody want to start the business they must know that it takes lots of money to be a broker, from support and to the availability of server must be reconsidered first.

Maybe they don't want to take this business is serious, and this is why i said that regulation is important, a strict and strong regulator will ask for fees to be regulated for one year. If a broker into the list it is one step from becoming a serious broker. The scalping problem mostly comes from dealing desk broker.


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#84
myregister

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I don't know about that, but some brokers don't allow because of one certain reason, mostly dealing desk broker have this kind of strict rules and trader who don't follow that rules won't be able to survive, also in dealing desk if you make bigger profit or more profit per trading you must be cautious.


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#85
Dion Ebrahim

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I am sorry but only foolish people consider such firms as Brokers, they are just masked scammers. If you talk about real broker then I don’t think they restrict us to any technique which is to do with it not been in their hands! We must understand we have the RIGHT to do whatever we want with our investment, so I will never go with broker that doesn’t allow any technique. I am currently joined with OctaFX broker who allow every technique from scalping to hedging to news trading which is why I love working with them.


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#86
uncle gober

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You should also note when at the time will choose a broker for trading, in addition to see what advantages and advantages, do not forget to see also his broker regulation. For the convenience and security of the trader. I also do that before choosing trading with Tickmill.

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#87
sidejob

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I am sorry but only foolish people consider such firms as Brokers, they are just masked scammers. If you talk about real broker then I don’t think they restrict us to any technique which is to do with it not been in their hands! We must understand we have the RIGHT to do whatever we want with our investment, so I will never go with broker that doesn’t allow any technique. I am currently joined with OctaFX broker who allow every technique from scalping to hedging to news trading which is why I love working with them.

Surely a scam to the core i think and that is understandable for some newbies want to join that kind of broker because usually, that broker offers a nice offer such as no deposit bonus for example. Since scalping requires faster order and execution that is why some brokers think twice before included as "legal" technique so they don't burden themselves.


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#88
myregister

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I am sorry but only foolish people consider such firms as Brokers, they are just masked scammers. If you talk about real broker then I don’t think they restrict us to any technique which is to do with it not been in their hands! We must understand we have the RIGHT to do whatever we want with our investment, so I will never go with broker that doesn’t allow any technique. I am currently joined with OctaFX broker who allow every technique from scalping to hedging to news trading which is why I love working with them.

You are right that kind of broker should be reported but they have their own reason from the reasonable one to the unreasonable. What makes it worse that some broker does this silently like against you when you use scalping so you will lose mostly when using that strategy. If that is non-dealing desk I am sure they will allow it because more spread to pay LOL


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#89
uncle gober

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Because it should also note when at the time will choose a broker for trading, in addition to see what advantages and advantages, do not forget to see also his broker regulation. For the convenience and security of the trader, and I ended up trading with Tickmill.


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#90
sidejob

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But it doesn't make any sense that there is a broker who wants to restrict someone to do scalping, in fact that is good if the broker is non-dealing desk. Scalpers usually open more than one transactions and closed it fast. Imagine they do 10 transactions per day, how much spread fee that broker get, it is just from one trader how about thousands or more? Well, i couldn't imagine it but that would be enormous.


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#91
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It doesn't make a sense for an honest broker but for an untrustworthy broker? I doubt they want to play clean with the traders. Scalping is a legal technique that all people can use, it is not a bad thing and also with more spreads to pay the broker will happy, if that broker is dealing desk they won't bother with the legality of scalping, as long as you keep making profit you could change to be a threat.


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#92
sidejob

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It doesn't make a sense for an honest broker but for an untrustworthy broker? I doubt they want to play clean with the traders. Scalping is a legal technique that all people can use, it is not a bad thing and also with more spreads to pay the broker will happy, if that broker is dealing desk they won't bother with the legality of scalping, as long as you keep making profit you could change to be a threat.

Sure they won't play with them since i think that is one of the hella risky movement for them. But you will find some reasons why a broker doesn't want to accept scalping or treat it with so many rules which must be followed. You know when you make small but in high-frequency profit, they might try to investigate you.


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#93
arjumand

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Brokers only restricts those trading types which violates their terms of service and i have noticed that many brokers allows trading during news release where we can easily scalp and make good money in one single trade.


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#94
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Yeah that is true but there are some brokers which is typically bad broker or bucketshop broker and limited the trader chance to get more money from scalping, they also have some rules where you need to wait for several minutes before you can close the position while scalping. In fact, doesn't have that kind of limitation.


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#95
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That kind of bad broker aka bucket-shop broker is the one we should avoid at all cost, to find out if your broker is like that there is no other way but to use real account to trade. Scalping is fast execution, it gives more load to the server with fast execution and maybe because scalpers get bigger profit in relatively shorter period which makes it unprofitable for bucket-shop broker.


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#96
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A bad broker which everyone should avoid, first of all, if your broker is limiting your scalping activity then send to their support a PM asking for the reason. Usually, they have their own reason but mostly are nonsense. The most acceptable one is the server problem and so on which is not make a sense for big broker with thousand clients. 99% bucket shop broker with dealing desk version capped scalping.


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#97
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A bad broker which everyone should avoid, first of all, if your broker is limiting your scalping activity then send to their support a PM asking for the reason. Usually, they have their own reason but mostly are nonsense. The most acceptable one is the server problem and so on which is not make a sense for big broker with thousand clients. 99% bucket shop broker with dealing desk version capped scalping.

That is understandable for that kind of broker, bucket shop broker just wants their client to lose their money in either long term or even in short term. As for scalping, it is not a good strategy for bucket shop especially considering your high throughput performance and your account will be under their watch. 


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