Scalping is a trading method that involves repeatedly buying and selling within a short period of time, ranging from a few seconds to a few minutes, in order to accumulate small profits
While it may seem unremarkable since the goal isn't to make huge profits in a single trade, you can aim for stable returns by increasing the number of trades
Also, while not all FX brokers recommend scalping,FXGTallows scalping trading
This articleFXGTin an easy-to-understand way for beginners.
FXGTThis article also explains important points and prohibited actions regarding scalping on, so please refer to it.
What is the scalping technique?
Scalping isa short-term trading method that involves accumulating small profits over a short period of time, ranging from a few seconds to a few minutes.
When trading using scalping techniques, you may make dozens or even hundreds of trades in a single day
Even if the profit from a single trade is small, the goal is to accumulate substantial profits by making multiple trades
Scalping requires high concentration and quick decision-making in order to capture small price movements in the market
Mastering this technique allows you to aim for stable profits while minimizing market fluctuation risks
Another advantage is that the trading time is short, which means less mental stress
FXGTdoes not have restrictions on scalping trading
FXGTdoesnot impose any special restrictions on trading using scalping techniques.
This is an important point for scalping traders who make many trades in a short period of time
Some overseas forex brokers prohibit or severely restrict scalping
However,FXGThas no restrictions, allowing you to focus on scalping trading with peace of mind
Furthermore, since scalping using EAs (Expert Advisors) is officially permitted,FXGTis also recommended for those considering high-speed trading using programs
However, since the conditions are not the same for all account types, it is important to check the specifications for each account type in advance, such as stop levels
Advantages of using scalping strategies on FXGT
The main advantages of using scalping strategies on FXGTare the following six:
- Bonuses are available
- Less susceptible to market fluctuations
- They offer a wide selection of low-spread accounts
- You can trade without worrying about swap points
- Scalping is possible with automated trading (EA)
- With leverage up to 5,000 times, it's easy to make money with a small amount of capital
Understanding the above advantages will allow you to utilize them for scalping onFXGT
Bonuses are available
One of the advantages is that you can use bonuses
FXGTas listed belowoffers a variety of bonus campaigns, including account opening bonuses and deposit bonuses,
| campaign | Bonus details | Applicable account types |
|---|---|---|
| Account opening bonus | approx. $62.50 | Optimus account |
| First deposit bonus | 100% of the deposit amount (maximum payout approximately $312.50) | Standard+ Account, Mini Account, CryptoMax Account |
| Loyalty Bonus | 25% of the deposit amount (maximum payout approximately $4,375) | Standard+ Account, Mini Account, CryptoMax Account |
The bonus mentioned above is useful for scalping trading
For example, using a deposit bonus allows you to trade with more margin than your own capital
Therefore, you can enter trades with larger lot sizes or manage your positions with more leeway
Many overseas forex brokers may have restrictions on combining scalping and bonuses, but this is not an issue withFXGT
Less susceptible to market fluctuations
The second advantage is that it is less susceptible to market fluctuations
Scalpingallows trades to be completed in a short period of time, from a few seconds to a few minutes, thus minimizing the impact of rapid market fluctuations.
Unlike strategies that involve holding positions for extended periods, this approach offers the advantage of avoiding the risk of unexpected and significant price fluctuations caused by sudden news or economic indicator announcements
A stable trading environment like FXGTmakes it easier to accurately capture small price movements, allowing you to take advantage of the benefits of scalping techniques
They offer a wide selection of low-spread accounts
The third advantage is the wide selection of low-spread accounts
FXGToffers several account types with low spreads that are ideal for scalping, as follows:
| Account type | Standard+ Account | PRO account | ECN Zero Account |
|---|---|---|---|
| Minimum spread | 1.0 pips ~ | 0.5 pips ~ | 0.0 pips ~ |
| Transaction fees | none | none | Yes (6 dollars round trip/lot) |
In particular, ECN Zero accounts allow for trading with narrow spreads
In scalping, small profits are accumulated, sothe spread (transaction cost) directly impacts the profit.
The narrower the spread, the more advantageous the trade becomes for the trader
Therefore, the wide range of account types offered byFXGTis a major attraction for scalping traders who want to pursue profits efficiently while keeping costs down
You can trade without worrying about swap points
The fourth advantage is that you can trade without worrying about swap points
Swap points are interest rate adjustments incurred when a position is carried over to the next day
In scalping,positions are held for only a few minutes at most, so swap points are rarely incurred.
Therefore, you can avoid the risk of losses due to swaps that can occur when holding a position overnight
This offers significant advantages, both psychologically and financially, when trading currency pairs that are prone to negative swaps
Scalping is possible with automated trading (EA)
The fifth advantage is that you can do scalping using automated trading (EA)
FXGTallows scalping using automated trading programs called EAs (Expert Advisors)
Using an Expert Advisor (EA)allows you to automate high-speed trades that would be difficult to perform manually, eliminating human emotions and judgment errors.
FXGTofficially allows scalping using automated trading systems
However, in order for EA to function properly, it is important to prepare the environment, such as considering the use of a VPS (Virtual Private Server)
With leverage up to 5,000 times, it's easy to make money with a small amount of capital
The sixth advantage is that it's easy to make money with a small amount of capital thanks to leverage of up to 5,000 times
FXGT. allows trading with high leverage of up to 5,000 times
Because scalping yields small profits per trade, it's necessary to secure a certain trading volume (lot size)
By using high leverage, you can trade large lots with a small amount of margin, allowing you to scalp while improving capital efficiency
Therefore, it expands the possibility of aiming for substantial profits even with small amounts of capital, which is a great advantage for traders who do not have much money to spare
Risks and disadvantages of using scalping strategies on FXGT
The main disadvantages of using scalping strategies on FXGTare the following three:
- Sometimes you lose money due to the spread
- Stop level zero is only available on ECN Zero accounts
- ECN Zero and PRO accounts, which have narrow spreads, are not eligible for bonuses
Understanding the disadvantages mentioned above will allow you to trade more cautiously, so please keep this in mind
Sometimes you lose money due to the spread
One of the disadvantages is that you may lose money due to the spread
Scalping is a trading method that involves accumulating profits from small price movements
However, if the spread widens too much, profits can be eaten up by the spread, potentially resulting in a loss known as "spread loss."
In particular, spreads tend to widen during periods of low liquidity, such as when economic indicators are released or in the early morning, so it is important to be careful about the timing of your trades
Stop level zero is only available on ECN Zero accounts
The second disadvantage is that a stop level of zero is only available with an ECN Zero account
The stop level is a value that indicates how far from the current price limit orders and stop-loss orders need to be set
If the stop level is zero, you can place an order very close to the current price, which is advantageous for scalping, a strategy that aims to profit from small price movements
However,FXGT,only the ECN Zero account has a stop level of zero.
Other account types have stop levels set, which may slightly limit the flexibility of scalping
ECN Zero and PRO accounts, which have narrow spreads, are not eligible for bonuses
The third disadvantage is that ECN Zero and PRO accounts, which have narrow spreads, are not eligible for bonuses
Account types with low spreads that are ideal for scalping, such as ECN Zero and PRO accounts, are often excluded from the generous bonus campaigns offered byFXGT
Therefore, this is a disadvantage for traders who want to make the most of their bonuses
Whether to prioritize low spreads or bonusesdepends on your own trading style and financial situation.
Recommended account types for scalping on FXGT
The following three account types are recommended for scalping on FXGT:
Scalping involves a high number of trades, and since transaction costs directly impact profits, minimizing spreads is crucial
Each account type offered by FXGThas different features, so choose the account that best suits your trading style and financial situation
PRO Account
The first account type is the PRO account
FXGT's PRO accountoffers industry-leading narrow spreads on major currency pairs, minimizing trading costs.
Scalping is a trading method that relies on capturing small price movements to accumulate profits, so a narrow spread is a significant advantage
However, a disadvantage of PRO accounts is that bonuses are not available
Therefore, choose one that suits your trading style and financial situation
Standard+ Account
The second account type is the Standard+ account
The Standard+ account is the basic account type offered byFXGT
While the spreads aren't as tight as with PRO or ECN Zero accounts, you 'll be eligible for bonus campaigns such as the first deposit bonus and Loyalty bonus, as listed below
| campaign | Bonus details |
|---|---|
| First deposit bonus | 100% of the deposit amount (maximum payout approximately $312.50) |
| Loyalty Bonus | 25% of the deposit amount (maximum payout approximately $4,375) |
By taking advantage of these bonuses, you can start trading with more margin while keeping your own capital low
This is recommended for beginners who want to try scalping while minimizing risk by using bonuses
ECN Zero Account
The third account type is the ECN Zero account
The ECN Zero accountFXGTamong all the account types offered by boasts the narrowest spreads
Because spreads are offered at near-zero levels, you can focus on scalping without worrying too much about trading costs
Furthermore,the stop levelis set to zero, limit and stop-loss orders can be placed very close to the current price, increasing the flexibility of scalping.
However, please note that ECN Zero accounts, like PRO accounts, are not eligible for bonus campaigns
Points to note when using scalping strategies on FXGT
When scalping with FXGT, it is important to understand the following points
- There are different stop levels for each account type
- Leverage limits vary depending on the account balance
- Engaging in prohibited transactions may result in your account being frozen
To ensure safe trading, please review the above points
There are different stop levels for each account type
One important point to note is that there are different stop levels for each account type
At FXGT, stop levels vary depending on the account type
In scalping, stop levels are important because you are trying to capture even small price movements
FXGTAmongonly the ECN Zero accounthas a stop level of zero; all other account types have a stop level set.
Therefore, when scalping, consider using an ECN Zero account, or if using another account, develop a trading strategy that takes stop levels into account
Leverage limits vary depending on the account balance
The second point to note is that leverage limits vary depending on your account balance
FXGToffers high leverage of up to 5,000 times
However,FXGT's leverage is gradually restricted as your account balance increases, as follows:
| Effective margin level (USD)） | Maximum leverage |
|---|---|
| 0～1,000 | 5,000x leverage (Optimus account, conditional) 2,000x leverage (PRO, ECN Zero, Standard+, Mini accounts, conditional) |
| 0～3,000 | 2,000x leverage (Optimus account, default) 1,000x leverage (PRO, ECN Zero, Standard+, Mini accounts, default) |
| 3,001～5,000 | 1,000 times |
| 5,001～10,000 | 500 times |
| 10,001～30,000 | 200 times |
| 30,001～100,000 | 100 times |
| 100,001～ | 50 times |
If you accumulate profits through scalping and your account balance increases, your leverage will be restricted. Therefore,it is necessary to understand the leverage restrictions in advance and create a fund management plan.
Engaging in prohibited transactions may result in your account being frozen
The third point to note is that there are different stop levels for each account type
FXGTWhile scalping itself is permitted atmalicious trading practices that violate the guidelinesare prohibited.
For example, this includes hedging across multiple accounts or trading that abuses the zero-cut system
Engaging in these prohibited transactions may result in severe penalties, such as account freezing or withdrawal refusal, without prior warning
By reviewing FXGT's terms of service beforehand and striving to trade in accordance with the rules, you can continue scalping safely
Prohibited actions when using scalping strategies on FXGT
While scalping itself is permitted at FXGT, the following trading activities are prohibited:
- Hedging transactions between different accounts
- Arbitrage (discretionary trading)
- Unscrupulous transactions targeting window opening and window closing
- Transactions aimed at implementing a zero-cut system
Violating the above prohibited actions may result in severe measures such as account freezing or refusal of withdrawals, so it is important to understand them thoroughly beforehand
Hedging transactions between different accounts
The first prohibited activity is hedging across different accounts
Hedging is a trading strategy in which you simultaneously hold both a "buy" and a "sell" position in the same currency pair
FXGTisallows hedging within the same account, but hedging across multiple accountsprohibited.
For example, holding a buy position in account A and a sell position in account B would be a violation of the terms of service
Even if unintentional, having multiple accounts requires caution
Arbitrage (discretionary trading)
The second prohibited activity is arbitrage (discretionary trading)
Arbitrage isa trading strategy that attempts to profit by taking advantage of price differences and latency (delays in transactions) between different brokers.
FXGTprohibits intentional arbitrage trading
In particular, transactions that exploit delays in the communication environment are considered malicious acts and are subject to severe penalties
Scalping requires high-speed trading, but you should absolutely avoid any actions that intentionally exploit system vulnerabilities
Unscrupulous transactions targeting window opening and window closing
The third prohibited activity is malicious trading that aims to exploit gaps in the market (opening or closing gaps)
Gap opening and gap filling refer to the phenomenon where prices start with a large gap after the market is closed for the weekend or during periods of low liquidity
FXGTprohibits malicious trading practices that exploit these "gaps" to profit from sudden price fluctuations
For example, holding a position over the weekend and aiming for a large profit from a gap opening at the start of the week may violate the terms of service, so please be careful
Transactions aimed at implementing a zero-cut system
The fourth prohibited activity is trading with the aim of utilizing the zero-cut system
FXGTemploysa "zero-cut system" that prevents margin calls even if your account balance goes negative.
This system is designed to reduce the risk of losses for traders
However, it is prohibited to exploit the zero-cut system by intentionally trading with large lot sizes to induce forced stop-loss orders and profit from them
Please note that transactions like those described above may be considered a violation of the terms and conditions and could result in your account being frozen
Frequently Asked Questions about Scalping on FXGT
This Q&A addresses common questions that traders have about scalping on FXGT
- Can I trade cryptocurrencies on FXGTeven on weekends?
- Are there any restrictions on scalping on FXGT?
- Can I use automated trading (EA) for scalping on FXGT?
- What account type is recommended for scalping at FXGT?
Please review the above information and use it as a reference to resolve your own questions
Can I trade cryptocurrencies on FXGTeven on weekends?
FXGTallows you to trade cryptocurrencies even on weekends.FXGThandles a wide range of instruments including cryptocurrencies, stock indices, and precious metals, andcryptocurrencies can be traded 24 hours a day, 365 days a year.Even those who don't have time to trade during weekday business hours can use the weekends to engage in scalping.
Are there any restrictions on scalping on FXGT?
FXGTdoes not have any special restrictions on scalping. This is a great advantage for scalping traders who make many trades in a short period of time. However,some malicious trading practices that violate the terms of serviceare prohibited. As long as you follow the rules, you can scalp with peace of mind.
Can I use automated trading (EA) for scalping on FXGT?
FXGTofficially allows scalping using automated trading systems (EAs).Using an EA allows you to automate high-speed trades that would be difficult to perform manually, eliminating human emotions and judgment errors. However, to maximize the performance of the EA, it is necessary to prepare the environment, such as considering the use of a VPS (Virtual Private Server).
What account type is recommended for scalping at FXGT?
The following three account types are recommended for scalping at FXGT:
- rn t
- PRO account
- Standard+ Account
- ECN Zero Account
rn t
rn t
rn
The ECN Zero account has a zero stop level and the narrowest spreads, making it ideal for advanced traders who want to minimize trading costs. The PRO account also offers narrow spreads. If you want to maximize bonuses, the Standard+ account, which is eligible for bonus campaigns, is a good choice
[Summary] Scalping onFXGT
This article provides a detailed explanation of scalping onFXGT, including its advantages, disadvantages, and points to be aware of
FXGT. offers an environment conducive to scalping, with no restrictions on scalping trades, the ability to utilize bonuses, and a wide range of low-spread accounts
On the other hand, there are some points to be aware of beforehand, such as the risk of losing money due to spreads, differences in stop levels depending on the account type, and leverage restrictions based on the account balance
In particular, adhering to prohibited practices such as hedging across multiple accounts and abusing the zero-cut system is essential for continuing to trade safely
At FXGT, it's important to choose the account type that best suits your individual trading style
Take advantage of FXGT's benefits, understand its drawbacks, and thoroughly manage your risks
