Scalping Policies
What exactly is scalping?
In forex trading, scalping is taking advantage of currency pair changes over a very short period of time. Traders that scalp usually use high leverage and aim for less than 10 pips within a few minutes. Scalping is generally considered to be a dangerous practice by professional traders and is officially frowned on by forex brokers.
How scalping works on FIGfx?
The above definition was introduced by About.com and explains briefly what the real scalping is.
FIGfx does not require a minimum number of trades per month as neither we require a minimum pip value or open time for positions before allowed to close.
FIGfx accepts scalpers and scalping as a trading strategy.You can use scalping as a trading strategy with no restrictions of any kind, you are most welcome to scalp with FIGfx.
Please notice that 4xGreed, Genius and all other arbitrage EA’s are strictly prohibited and will result in your account being banned, with no refunds. Aggressive EA’s that send tens/hundreds of orders per minute are also prohibited for violating the fair-use policy of our trading servers.
