A good broker for scalp trading.

Quote from drasfs:

Crown forex boasts 1pip spread on all majors. Does anyone have any experience with this broker?
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That company has a swiss address but is really based in Jordan... smells real fishy...
 
Quote from drasfs:

Lately ive stopped swing trading and instead started scalping. Mainly because it fits me better since Ive less spare time now, and become too uneasy while away.

So ive started scalping, where a trade would at most only last about 60 minutes, which fits me perfectly, as I only can only spend about 3 hours a day.

However, ive to change broker, as the 3pip spread on eurusd is too much, with my new trading style(tp is approximately only 1-8pip, and heavy leveraged).

So, im looking for a broker with a spread between 0-2 on eurusd(the only currency im trading), and a leverage of atleast 100:1

Ive read a little bit about oanda. They have a spread of 1.5, and with such a good spread, the leverage 50:1 is ok. But ive read that the spread widens during volatile market hours, without notifying you(and that would be disastrous to a scalp trader).

Another potential candidate is hotspot forex, where the spread sometime on eurusd is 0. I would appreciate if someone can write a little bit about their experience with this broker and any suggestions are welcomed.
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Spread at Oanda widens only at important news release and it only lasts for about 1-4 minutes, you can know that in advance if you track news time for example by
http://www.forexfactory.com/calendar.php
other times spread is rock solid 1.2 pips (not 1.5).

regards
 
Quote from chris1085:

Will IB ever support metatrader?
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This would be the "holy grail" :-)

The IB Manager are clever but in this special part they are blind i think and don t see the chance .... :-(
Good trades to all
 
Quote from RapidFireFX:

Do yah think????
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I think they redid their website to hide that fact.

Take a look at these links where people reviewed them when they started.

http://www.forex-tsd.com/metatrader-brokers/6323-crown-forex.html?highlight=crown

"From: Sa'eb Omari, Jordan

Rating: SCAM

Date of Post: 2007-01-26

Review: The truth about this company is that the owner is Jordanian, and when he had a problem with the government here, he had to reopen his company in Switzerland. They do not open accounts for Jordanians anymore"

Review: "... Inscription ou modification de personnes: Hasanien, Ibrahim, de Jordanie, à Amman (Jordanie), président, avec signature individuelle; Swais, Shadi, de Jordanie, à Amman (Jordanie), vice-président, avec signature individuelle;..."
http://www.forexbastards.com/crownforex.shtml
 
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