{"version":"1.0","provider_name":"For overseas forex cashback services, try Money Charger","provider_url":"https://money-charger.com/en/","author_name":"admin","author_url":"https://money-charger.com/en/author/admin/","title":"Recommended Overseas Forex Scalping Account Comparison! A thorough explanation of why you might lose and what's prohibited! - Money Charger (Overseas Forex Cashback Service)","type":"rich","width":600,"height":338,"html":"Recommended Overseas Forex Scalping Account Comparison! A thorough explanation of why you might not be winning and what to avoid!
\n","description":"Scalping with overseas forex brokers is an ideal trading style for traders who want to efficiently accumulate profits with small amounts of capital. This article thoroughly explains why overseas forex is suitable for scalping, and introduces recommended methods that can actually be used, as well as brokers that are strong in scalping. If you want to steadily aim for profits in a short period of time by making the most of narrow spreads, high execution speed, and high leverage environment, please refer to this article. The MoneyChager editorial team has taken into account the results of a survey of more than 20,000 users and can introduce you to overseas forex accounts that are truly recommended for scalping, so please look forward to it. We have also taken safety into consideration, referring to the Financial Services Agency and the Financial Futures Trading Act. Comparison Table of Overseas Forex Brokers Suitable for Scalping We have compiled a comparison table for those who want to know only about overseas forex brokers that are suitable for scalping. When scalping with overseas forex brokers, it is important to choose an account based on trading conditions that make scalping advantageous, such as narrow spreads and high maximum leverage. Detailed information on each company listed in the comparison table above can be found in \"Overseas FX Strong for Scalping! Recommended Account Ranking\". What is scalping? Scalping is a trading method that is performed over a short period of time, from a few seconds to a few minutes. Due to the characteristic that each trade is completed in a short time, scalping involves repeating multiple trades in a day to accumulate small profits. In order to capture small price movements, it is important to choose an overseas FX broker that has narrow spreads and high execution speed. Why overseas FX is ideal for scalping In fact, many overseas FX brokers provide a trading environment that is ideal for scalping. Here, we will explain the three points above that make overseas FX ideal for scalping. Knowing the advantages of scalping with overseas FX will allow you to trade in an environment where it is easy to accumulate profits in a short period of time. Higher execution speed compared to domestic FX Many overseas FX brokers employ the NDD method (Non-Dealing Desk method), which has excellent execution speed. In the NDD (No Dealing Desk) system, orders are processed directly by the system without going through a dealer, which means that slippage and order rejection are less likely to occur. In scalping, split-second decisions can determine success or failure, so high execution speed is essential. As a general trend, overseas FX brokers have high execution speed, and most of them officially allow scalping. There are also many overseas FX brokers with narrow spreads. Some people may have seen reviews saying that scalping with overseas FX is difficult to win because of wide spreads. We have compiled a table of the average spreads measured for various overseas FX companies. Broker Name Account Type USDJPYEURUSDGBPUSDAUDUSDXAUUSD Exness Zero Account 0.45 pips (0.1 + 0.35) 0.45 pips (0.1 + 0.35) 0.65 pips (0.2 + 0.45) 0.6 pips (0.1 + 0.5) 0.8 pips (0 + 0.8) Axi Elite Account 0.675 pips (0.5 + 0.175) 0.575 pips (0.4 + 0.175) 0.875 pips (0.7 + 0.175) 0.475 pips (0.3 + 0.175) 1.35 pips (1.0 + 0.125) ThreeTraderRaw Zero Account: 0.7 pips (0.5 + 0.2), 0.6 pips (0.4 + 0.2), 1.0 pips (0.8 + 0.2), 0.5 pips (0.3 + 0.2), 1.0 pips (1.0 + 0) HFM Zero Spread Account: 1.1 pips (0.8 + 0.3), 0.7 pips (0.4 + 0.3), 0.9 pips (0.6 + 0.3), 0.6 pips (0.3 + 0.3), 2.4 pips (1.7 + 0.7) XS.com Elite Account: 1.3 pips (1.0 + 0.3), 0.6 pips (0.3 + 0.3), 0.8 pips (0.5 + 0.3), 0.6 pips (0.3 + 0.3), 0.9 pips (0.6 + 0.3) Overseas Forex Spread Comparison Table Even with overseas forex trading, spreads can vary significantly depending on the broker and account type you choose. If you don't select an overseas forex account specializing in low spreads, scalping tends to be disadvantageous. However, even with overseas forex, by choosing an account specializing in low spreads, it is entirely possible to trade major currency pairs with spreads of less than 0.5 pips. If you are looking for an overseas forex broker specializing in low spreads, which is essential for scalping, please refer to the \"Overseas Forex Spread and Fee Comparison List.\" Scalping and high leverage are a good match. Scalping and high leverage are a very good match. When trading with high leverage, you need to reduce the stop-loss range to minimize risk. Because scalping targets small price movements, the stop-loss range is naturally narrower. Therefore, it is a good match for high leverage of 1,000 times or more, as is the case with overseas forex, and is ideal for traders who want to earn money with small amounts of capital. Be sure to check the tips and precautions for high-leverage trading beforehand. Selection Criteria for Scalping Brokers in Overseas Forex When choosing an overseas forex broker that is easy to use and advantageous for scalping, it is recommended to check the following points. By choosing an overseas forex broker that meets these selection criteria, you can concentrate on trading under advantageous conditions for scalping. Restrictions on Scalping First, it is important to check whether the overseas forex broker allows scalping. If you scalp with an overseas forex broker that prohibits scalping, you may be subject to penalties such as cancellation of profits (refusal of withdrawal) or account freezing. Sufficiently High Maximum Leverage High maximum leverage is the greatest weapon when scalping in overseas forex. With high maximum leverage, you can take large positions even with a small amount of capital, increasing the possibility of increasing your capital in a short period of time. For example, overseas forex brokers offer a maximum leverage of at least 500 times or more, making it possible to trade up to nearly 5 million yen with a capital of 10,000 yen. Find a broker with high leverage from the recommended overseas forex broker ranking that compares leverage. When scalping with overseas forex brokers, it's crucial to check whether they employ a zero-cut system that eliminates the worry of margin calls. Choosing a broker without a zero-cut system means that high-leverage scalping could result in losses exceeding your account balance. On the other hand, with a zero-cut system, the forex broker covers losses exceeding your account balance, so you don't have to worry about losses exceeding your initial deposit. A forced stop-loss level of 50% or less is also important. A low forced stop-loss level increases the upper limit of unrealized losses you can tolerate. This increased tolerance for unrealized losses is advantageous for those who want to trade with small amounts of capital, as it broadens the range of strategies you can employ. Conversely, a high forced stop-loss level means that even small price movements can trigger a forced stop-loss during scalping, limiting your strategic options. […]"}