{"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":"A Complete Guide to Scalping on TitanFX: From Prohibited Trading Practices to Recommended Accounts and Winning Strategies (TitanFX) - Money Charger (Overseas Forex Cashback Service)","type":"rich","width":600,"height":338,"html":"
A Complete Guide to Scalping on TitanFX: From Prohibited Trading Practices to Recommended Accounts and Winning Strategies (TitanFX)
\n","thumbnail_width":2048,"thumbnail_height":1076,"description":"Are you interested in starting scalping with TitanFX, but have questions like, \"Is it really not prohibited?\" or \"Which account type should I choose?\" Choosing an overseas forex broker requires careful consideration. Scalping, in particular, has varying restrictions depending on the broker, so gathering information beforehand is essential. This article comprehensively explains the important information you need to know when scalping with TitanFX. What you will learn from reading this article By the time you finish reading this article, you will have a complete understanding of the scalping environment at TitanFX and will be able to start trading with confidence. Furthermore, by acquiring practical techniques, you will have a solid foundation for aiming for stable profits. Scalping is allowed at TitanFX Scalping trading is fully permitted at TitanFX. While many overseas forex brokers have restrictions on scalping, TitanFX officially welcomes it. There are no restrictions whatsoever on the number of trades or holding time. In fact, traders who make hundreds of high-frequency trades a day are able to use it without any problems. Source: TitanFX It's possible to close positions in ultra-short-term trading in seconds or minutes, making it an ideal environment for scalpers. Furthermore, high-speed scalping using EAs (Expert Advisors) can be executed without restrictions. TitanFX recommends scalping because of its robust infrastructure and high execution speed. State-of-the-art servers located in New York and Singapore provide a stable trading environment. Therefore, you can execute trades at your desired price without worrying about slippage or order rejection. Recommended Account Types for Scalping with TitanFX TitanFX offers three account types: \"Zero Standard Account,\" \"Zero Blade Account,\" and \"Zero Micro Account.\" Each has its own characteristics, and the best account will vary depending on your trading style. In short-term trading like scalping, trading costs and execution speed significantly impact profits, making account selection particularly important. In scalping, where positions are closed repeatedly in seconds to minutes, even a difference of just 0.1 pips can accumulate to make a big difference. Furthermore, being able to reliably execute trades at the target price is an essential element in accumulating profits. So, of the three account types, which is best suited for scalping? For scalping, the Blade account is the only choice. To put it simply, if you're going to scalp, the Zero Blade account is the only choice. The biggest reason is that the spread is overwhelmingly narrower. Comparing USD/JPY, the Zero Blade account has an average spread of 0.33 pips, which is about 1 pip narrower than the Zero Standard account's 1.33 pips. There is a round-trip transaction fee of $7 (equivalent to 0.7 pips), but even including that, the total cost is the lowest. For scalpers who trade dozens of times a day, this cost difference cannot be ignored. The Zero Micro account is for small-amount trading, and the limitations on the trading size will be a hindrance for serious scalping. On the other hand, the Zero Blade account uses the ECN system, and its high execution speed is also attractive. An environment where trades can be executed quickly at the target price is essential for scalping. The Zero Blade account, which combines low trading costs with high execution speed, is the ideal choice for scalping. Features of the Titan FX Blade Account The Zero Blade account is designed specifically for scalping among the account types offered by TitanFX. Its greatest feature is the adoption of the ECN method, which realizes a highly transparent trading environment and excellent execution speed. The narrow spreads are also among the best in the industry, and it is supported by short-term traders who want to keep trading costs down. The strength of this account is not just that the spreads are narrow. All the elements essential for successful scalping, such as execution speed and the absence of requotes, are at a high level. Professional traders choose the Zero Blade account because of this overall excellent trading environment. Now, let's take a closer look at the three main features of the Zero Blade account. Blade account execution speed is among the best in the industry According to the TitanFX official website, the Zero Blade account achieves an average execution speed of 37 milliseconds. This is a top-class level among overseas FX brokers, making it possible to execute trades instantly at the target price. In scalping, split-second timing can determine victory or defeat, so this execution speed will be a significant advantage. This high execution speed is supported by TitanFX's robust infrastructure. By deploying servers in the Equinix NY4 financial data center in New York and connecting to over 50 major liquidity providers, they ensure market liquidity. Another distinctive feature is their unique Zero Point Technology, a dynamic liquidity aggregation system, which provides a stable trading environment. […]"}