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Best Scalping Forex Brokers in 2024

Overview of the Best Scalping Forex Brokers in 2024

This table provides a comprehensive overview of the best scalping forex brokers in 2024, detailing crucial factors such as minimum deposit, leverage, FX commission per lot, available currency pairs, trading platforms, and the availability of credit/debit card transactions. Use this information to compare and select the broker that best suits your trading needs and preferences.

BrokerMinimum DepositLeverageFX Commission Per LotCurrency PairsTrading PlatformCredit/Debit Card
Exness$2001:30 No commission is charged 100+MT5, MT4, Exness Terminal (Web), Exness Trade App (Mobile)Yes
IG$01:30 No commission is charged80+MT4, ProRealTime, L2 Dealer, ProprietaryYes
AvaTrade$1001:30 No commission is charged60+MT5, MT4, Ava Web Trader, AvaOptions, AvaSocial, DupliTradeYes
Pepperstone$01:30 $3.50 commission per lot per trade90+MT5, MT4, cTrader, TradingViewYes
RoboForex$101:2000No commission is charged 40+МТ5, МТ4, R StocksTrader, R MobileTrader, R WebTraderYes
FP Markets$50 1:30 $3.00 commission per lot per trade70MT5, MT4, cTraderYes
FXCM$501:1000 No commission is charged39MT4, Trading Station, ZuluTrade, Capitalise AI, and TradingView ProYes
FxPro$1001:30 No commission is charged70MT5, MT4, cTrader, FxPro Trading Platform, FxPro Direct Mobile AppYes
IC Markets$2001:500$3.50 commission per lot per trade65MT5, MT4, cTrader, IC Social, Signal Start, ZuluTradeYes
Charles Schwab$01:2 No commission is charged65+TD Ameritrade’s Thinkorswim, mobile trading app, and browser platformsNo

Trading Fees of the Best Scalping Forex Brokers

The fees associated with a trade, such as spreads, commissions, and other trading costs, are crucial when choosing a broker. To help you make an informed decision, we have compiled a table below showcasing the most important forex spreads.

BrokerEUR/USD SpreadGBP/USD SpreadAUD/USD SpreadEUR/CHF SpreadEUR/GBP Spread
Exness0.30.50.41.00.5
IG0.60.90.92.00.9
AvaTrade0.91.51.12.01.5
Pepperstone0.10.20.20.40.3
RoboForex1.31.51.71.81.2
FP Markets0.10.20.20.40.2
FXCM0.71.00.92.41.3
FxPro1.41.62.02.91.5
IC Markets0.00.00.00.20.2
Charles Schwab1.41.31.22.11.3

Non-Trading Fees at the Best Scalping Forex Brokers

Non-trading fees are charges not directly tied to individual trades. These typically include account maintenance, deposit and withdrawal fees, and inactivity fees. The table below provides information on the non-trading fees of the best scalping forex brokers, helping you make an informed choice.

BrokerAccount FeesDeposit FeesWithdrawal FeesInactivity Fees
ExnessNo$0$0No
IGNo$0$0Yes
AvaTradeNo$0$0Yes
PepperstoneNo$0$0 No
RoboForexNo$0$0 No
FP MarketsNo $0$0 No
FXCMNo$0$0 Yes
FxProNo$0$0Yes
IC MarketsNo$0$0 No
Charles SchwabNo$0$0 No

Can I Trust These Best Scalping Forex Brokers?

When choosing the best scalping forex brokers, trust is paramount. We evaluate each broker’s regulatory status, investor protections, customer reviews, and track record for transparency and reliability. Learn about the measures these brokers take to protect your investments and ensure a secure trading environment.

BrokerEstablishment YearTop-tier RegulatorsInvestor ProtectionInvolved in the scandal
Exness2008FCA in the UK, SEC in the US, CySEC in Cyprus, FSCA in South Africa, BaFin in Germany, ASIC in Australia£85k for UK residents, €20k for EU residents; no specific information on protection is available for other countries.No
IG1974FCA in the United Kingdom, BaFin in Germany, ASIC in Australia, NFA in the United States, FINMA in Switzerland, MAS in Singapore, DFSA in the United Arab Emirates, FSCA in South Africa, JFSA in Japan£85k to UK, €20k to EU clients, CHF 100k to Swiss, and $0 to other clientsNo
AvaTrade2006ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFIDOnly clients of AVA Trade EU Ltd can be compensated by up to EUR 20,000No
Pepperstone2010ASIC in Australia, FCA in the UK, and BaFin in Germany£85k to the UK and €20k to EU clients, $0 to othersNo
RoboForex2009IFSC in the Belize, CySEC in the CyprusUp to €20,000 per client of a MemberNo
FP Markets2005ASIC in Australia, CySEC in the EU€20k to EU clients, $0 to othersNo
FXCM1999FCA in the UK, ASIC in Australia, CySEC in Cyprus, and Bermuda for the rest of the of the clients£85k to UK, €20k to EU clients, and $0 to other clientsNo
FxPro2006FCA in the UK, FSCA in South Africa, CySEC in Cyprus, and SCB in the Bahamas£85k to UK clients, $0 to othersNo
IC Markets2007FCA in the UK and ASIC in Australia€20k to EU clients and $0 to othersNo
Charles Schwab1971SEC and FINRA in the US, SFC in the Hong Kong, and MAS Singapore$500k (including $250k for claims for cash) to the USNo

The Best Scalping Forex Brokers Snapshot

Mobile App Score4.5
Minimum Deposit$200
FX Commission Per LotNo commission is charged
Trading PlatformMT4, MT5, Exness Terminal (Web), Exness Trade App (Mobile)
Inactivity Fee
Deposit MethodsBank transfers, credit/debit cards, and e-wallets
Withdrawal MethodsBank transfers, credit/debit cards, and e-wallets
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/7 via live chat, phone, and email
Mobile App Score5.0
Minimum Deposit$0
FX Commission Per LotNo commission is charged
Trading PlatformMT4, ProRealTime, L2 Dealer, Proprietary
Inactivity FeeThere is an inactivity fee of $12 per month, but it is only charged after 2 years of inactivity.
Deposit MethodsWire Transfer, Debit Card, Credit Card, PayPal, Visa, Mastercard
Withdrawal MethodsWire Transfer, Debit Card, Credit Card, PayPal, Visa, Mastercard
Time to Open an Account1-3 days
Demo Account✔️
Customer ServicesAvailable 24/7 via live chat, phone, WhatsApp and email
Mobile App Score4.0
Minimum Deposit$100
FX Commission Per LotNo commission is charged
Trading PlatformMT4, MT5, Ava Web Trader, AvaOptions, AvaSocial, DupliTrade
Inactivity Fee$50 per quarter after 3 months of inactivity. After 12 consecutive months of non-use, an additional annual administrative fee of $100 is charged.
Deposit MethodsCredit/debit cards, Bank wire transfers, and e-wallets like PayPal and Skrill
Withdrawal MethodsCredit/debit cards, Bank wire transfers, and e-wallets like PayPal and Skrill
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/5 via live chat, phone, and email
Pepperstone
Pepperstone
Mobile App Score4.5
Minimum Deposit$0
FX Commission Per Lot$3.50 commission per lot per trade
Trading PlatformMT5, MT4, cTrader, TradingView
Inactivity Fee
Deposit MethodsCredit/debit card, PayPal, Neteller, Skrill, Poli, wire transfer
Withdrawal MethodsCredit/debit card, PayPal, Neteller, Skrill, Poli, wire transfer
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/5 via live chat, phone, and email
RoboForex
RoboForex
Mobile App Score4.5
Minimum Deposit$10
FX Commission Per LotRoboForex offers different types of trading accounts with varying FX commissions per lot:
Pro and ProCent Accounts: No commission.
ECN Accounts: $2 per standard lot ($20 per million USD traded).
Prime Accounts: $1.50 per standard lot ($15 per million USD traded).”
Trading PlatformМТ5, МТ4, R StocksTrader, R MobileTrader, R WebTrader
Inactivity FeeNo
Deposit MethodsSEPA, Bank transfer, Skrill, Neteller, AdvCash, Perfect Money, Visa/Mastercard, AstraPay, NganLuong Wallet, JCB.
Withdrawal MethodsSEPA, Bank transfer, Skrill, Neteller, AdvCash, Perfect Money, Visa/Mastercard, AstraPay, NganLuong Wallet, JCB.
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/7 via live chat, phone, and email
FP Markets
FP Markets
Mobile App Score4.8
Minimum Deposit$10
FX Commission Per Lot$3.00 commission per lot per trade
Trading PlatformMT5, MT4, cTrader
Inactivity FeeNo
Deposit MethodsCredit/debit cards, bank wire transfers, and e-wallets
Withdrawal MethodsCredit/debit cards, bank wire transfers, and e-wallets
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/7 via live chat, phone, and email
Mobile App Score4.0
Minimum Deposit$50
FX Commission Per LotNo commission is charged
Trading PlatformMT4, Trading Station, ZuluTrade, Capitalise AI and TradingView Pro
Inactivity Fee$50 per year after one year of inactivity.
Deposit MethodsBank wires, Credit/debit cards, e-wallets, Cryptocurrencies
Withdrawal MethodsBank wires, Credit/debit cards, e-wallets, Cryptocurrencies
Time to Open an Account1-3 days
Demo Account✔️
Customer ServicesAvailable 24/5 via live chat, phone, and email
Mobile App Score4.5
Minimum Deposit$100
FX Commission Per LotNo commission is charged
Trading PlatformMT5, MT4, cTrader, FxPro Trading Platform, FxPro Direct Mobile App
Inactivity Fee$15 one-off account maintenance fee and $5 monthly fee after 6 months of inactivity.
Deposit MethodsBank transfers, credit and debit cards, and e-wallets like PayPal and Skrill.
Withdrawal MethodsBank transfers, credit and debit cards, and e-wallets like PayPal and Skrill.
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/5 via live chat, phone, and email
IC Markets
IC Markets
Mobile App Score5.0
Minimum Deposit$200
FX Commission Per Lot$3.50 commission per lot per trade
Trading PlatformMT5, MT4, cTrader, IC Social, Signal Start, ZuluTrade
Inactivity Fee
Deposit MethodsBank wire, Credit cards, Digital wallets
Withdrawal MethodsBank wire, Credit cards, Digital wallets
Time to Open an Account2 days
Demo Account✔️
Customer ServicesAvailable 24/7 via live chat, phone, and email
Charles SCHWAB
Charles SCHWAB
Mobile App Score4.5
Minimum Deposit$0
FX Commission Per LotNo commission is charged
Trading PlatformTD Ameritrade’s Thinkorswim, mobile trading app, and browser platforms
Inactivity Fee
Deposit MethodsBank Transfer, Visa, Mastercard, Check, Walmart and Western Union money transfer
Withdrawal MethodsBank Transfer, Visa, Mastercard, Check, Walmart and Western Union money transfer
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/5 via live chat, phone, and email

Methodology

To choose the best scalping forex brokers, we thoroughly check, verify, and compare the elements that we consider to be the most important to consider when choosing an excellent broker. This includes the benefits, drawbacks, and overall grades determined by our research. Our goal is to help you find the ideal broker for your investor needs. You can read more about our methodology by visiting this page.

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