What Are the Best Currency Pairs for Scalping?

Best forex pair currencies

The best currency pairs for scalping are EUR/USD, GBP/USD and USD/CHF due to their stability and liquidity.

Forex scalpers trade very tight and can’t afford volatile market conditions. Therefore, our recommended currency pairs are the 3 majors which are known to be very stable in their price movements. Additionally, market liquidity is another very important factor as scalpers need to open and close dozens of positions in a very short time.

If an order can’t be filled or the broker is too slow to execute the trades, the scalping strategy will break down and this will be the difference between winning and losing during the session.

Scalpers Not Welcome at All Forex Brokers

It is definitely worth checking to see if your preferred broker has a policy against scalpers. Some brokers will close your account or warn you against scalping if it is against their terms and conditions. Scalpers can create problems in some brokers as they may not be set up to handle such high volume, high frequency trades and end up overloading their trading systems.

Check our list of the best forex brokers for scalping if you are looking for a scalping friendly broker.

Best Forex Brokers for Scalping (2024)

Broker Bonus Deposit* Leverage* Regulation Visit
XM
5/5
Bonus: 15% up to $500 Min. Deposit: $5 Max. Leverage: 1:1000 Regulation:
  • CySEC
  • ASIC
  • DFSA
Visit XM XM review
XTB
4.7/5
Bonus: Min. Deposit: - Max. Leverage: 1:500 Regulation:
  • FCA
  • CySEC
  • CNMV
Visit XTB XTB review
Eightcap
4.55/5
Bonus: Min. Deposit: $100 Max. Leverage: 1:500 Regulation:
  • ASIC
  • VFSC
Visit Eightcap Coming soon
AvaTrade
4.4/5
Bonus: 20% up to $10,000 Min. Deposit: $200 Max. Leverage: 1:400 Regulation:
  • CBI
  • CySec
  • ASIC
Visit AvaTrade AvaTrade review
FBS
4.25/5
Bonus: 100% up to No limit Min. Deposit: - Max. Leverage: 1:1,000 Regulation:
  • IFSC
  • CySec
Visit FBS FBS review
HYCM
4.1/5
Bonus: 10% up to $5000 Min. Deposit: $100 Max. Leverage: 1:20 | 1:500 Regulation:
  • FCA
  • CySec
Visit HYCM HYCM review
Alpari
3.95/5
Bonus: Min. Deposit: $5 Max. Leverage: 1:400 Regulation:
  • FSC
Visit Alpari Alpari review
FP Markets
3.8/5
Bonus: Min. Deposit: $100 Max. Leverage: 1:500 Regulation:
  • ASIC
  • SVGFSA
Visit FP Markets FP Markets review
IG
3.65/5
Bonus: Min. Deposit: - Max. Leverage: 1:200 Regulation:
  • FCA
  • BaFin
  • FMA
Visit IG IG review
eToro
3.5/5
Bonus: Min. Deposit: from $50 Max. Leverage: 1:30 Regulation:
  • CySEC
  • FCA
  • ASIC
Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. eToro review
OctaFX
3.35/5
Bonus: 10%-100% Min. Deposit: $20 Max. Leverage: 1:500 Regulation:
  • CySEC
  • MiFID
  • ESMA
Visit OctaFX OctaFX review
FXTM
3.2/5
Bonus: Min. Deposit: $50 Max. Leverage: 1:2000 Regulation:
  • CySEC
  • FCA
  • FSC
Visit FXTM FXTM review
Interactive Brokers
3.05/5
Bonus: Min. Deposit: $100 Max. Leverage: 1:30 | 1:50 Regulation:
  • FINRA
  • FCA
  • ESMA
Visit Interactive Brokers Interactive Brokers review
Saxo Bank
3/5
Bonus: Min. Deposit: - Max. Leverage: 1:66 Regulation:
  • FSMA
  • FCA
  • DFSA
Visit Saxo Bank Saxo Bank review
Forex.com
3/5
Bonus: Min. Deposit: - Max. Leverage: 1:300 Regulation:
  • CFTC
  • FCA
  • ASIC
Visit Forex.com Forex.com review
Markets.com
3/5
Bonus: Min. Deposit: - Max. Leverage: 1:300 Regulation:
  • CySEC
  • FSC
  • FSCA
Visit Markets.com Markets.com review
CMC Markets
3/5
Bonus: Min. Deposit: - Max. Leverage: 1:500 Regulation:
  • FCA
  • ESMA
  • BaFin
Visit CMC Markets CMC Markets review
Vantage FX
3/5
Bonus: 50% Min. Deposit: $200 Max. Leverage: 1:500 Regulation:
  • ASIC
  • FCA
  • VFSC
Visit Vantage FX Vantage FX review
easyMarkets
3/5
Bonus: 50% Min. Deposit: $25 Max. Leverage: 1:200 | 1:400 Regulation:
  • CySEC
  • ASIC
Visit easyMarkets easyMarkets review
Pepperstone
3/5
Bonus: Min. Deposit: $200 Max. Leverage: 1:500 Regulation:
  • FCA
  • ASIC
  • DFSA
Visit Pepperstone Pepperstone review
PrimeBit
3/5
Bonus: $80 Min. Deposit: - Max. Leverage: 1:200 Regulation:
  • No Regulation
Visit PrimeBit Coming soon
Bubinga
3/5
Bonus: $1500 Min. Deposit: $5 Max. Leverage: - Regulation:
  • No Regulation
Visit Bubinga Coming soon
Plus500
3/5
Bonus: $150 Min. Deposit: $500 Max. Leverage: 1:300 Regulation:
  • CySEC
  • FCA
  • ASIC
Visit Plus500 Plus500 review
TD Ameritrade
3/5
Bonus: Min. Deposit: $50 Max. Leverage: 1:2 Regulation:
  • CFTC
  • NFA
  • FINRA
Visit TD Ameritrade TD Ameritrade review
FXCM
3/5
Bonus: $300 Min. Deposit: $5000 Max. Leverage: 1:30/1:400 Regulation:
  • ESMA
  • ASIC
  • FSCA
Visit FXCM FXCM review
Darwinex
3/5
Bonus: Min. Deposit: $500 Max. Leverage: 1:30 Regulation:
  • FCA
Visit Darwinex Darwinex review
HotForex
3/5
Bonus: 50% up to $1000 Min. Deposit: $50 Max. Leverage: 1:30 - 1:1000 Regulation:
  • FCA
  • FSCA
  • CySEC
Visit HotForex HotForex review
IC Markets
3/5
Bonus: Min. Deposit: $200 Max. Leverage: 1:500 Regulation:
  • ASIC
  • CySEC
  • FSA
Visit IC Markets IC Markets review
OANDA
3/5
Bonus: 50% up to $1000 Min. Deposit: $25 Max. Leverage: 1:200 Regulation:
  • CFTC
  • NFA
  • IIROC
Visit OANDA OANDA review

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