Scalping in forex trading is a strategy focused on making small, rapid trades to exploit minute price movements. For traders in the United States, choosing a forex broker that permits and supports scalping is critical due to NFA and CFTC regulatory restrictions. This article reviews the best US forex brokers for scalping, platform features, execution speed, spreads, and regulatory compliance to help scalpers thrive in the US market.
What Makes a Good US Forex Broker for Scalping?
A reliable US broker for scalping must combine regulation with trader-friendly execution conditions. Key criteria include:
- NFA or CFTC regulation for compliance and fund protection
- Tight spreads and low trading costs
- Fast execution with minimal slippage
- No restrictions on scalping strategies
- Advanced platforms with one-click trading, depth-of-market (DOM), and algorithm support
Scalping in the US is legally allowed, but brokers must conform to FIFO rules and restrict hedging. This makes broker choice even more important for US-based traders.
Top US Forex Brokers That Allow Scalping
1. IG US
- Regulation: CFTC, NFA
- Execution: DMA access, low latency
- Spreads: From 0.8 pips EUR/USD
- Platforms: IG proprietary + MT4
- Scalping Policy: Allowed
IG US offers excellent execution quality with smart routing and supports high-frequency scalpers using MT4 or its custom web-based platform.
2. FOREX.com
- Regulation: CFTC, NFA
- Execution: STP model, high speed
- Spreads: As low as 0.0 with commissions (RAW account)
- Platforms: MT4, MT5, WebTrader
- Scalping Policy: Fully supported
Traders report tight spreads, competitive pricing, and reliable order fills, especially during volatile US sessions.
3. OANDA US
- Regulation: CFTC, NFA
- Execution: No dealing desk (NDD)
- Spreads: EUR/USD from 0.6 pips average
- Platforms: OANDA Trade, MT4
- Scalping Policy: Permitted
OANDA is ideal for algorithmic scalpers and manual traders who require API access and fast execution with minimal trade size flexibility.
4. TD Ameritrade (Thinkorswim)
- Regulation: FINRA, CFTC, SIPC protected
- Execution: High-frequency support
- Spreads: Variable, more suited to futures FX scalping
- Platforms: Thinkorswim desktop
- Scalping Policy: Allowed (via FX futures)
Though not a traditional FX broker, Thinkorswim supports scalping on FX futures, popular with experienced traders using speed-sensitive setups.
5. Interactive Brokers
- Regulation: SEC, CFTC, FINRA
- Execution: Direct market access
- Spreads: Commission-based pricing
- Platforms: Trader Workstation (TWS)
- Scalping Policy: Fully allowed
With ultra-tight spreads and institutional access, Interactive Brokers is a top choice for professional scalpers needing precise executions.
Platform Features for Scalping in the US
High-Speed Execution
- One-click trading
- DOM visibility
- Order routing control
- Low-latency infrastructure
Risk Management Tools
- Custom stop-loss/take-profit templates
- Automated trading scripts
- Order cancels order (OCO) functionality
Broker Execution Models
- ECN/STP preferred over market makers
- No dealing desk (NDD) model reduces requotes
- Low round-trip latency essential for scalping success
Regulatory Framework: Scalping in the US
US forex brokers must comply with:
- FIFO Rule: First-in-first-out order handling
- No Hedging: Cannot hold opposing positions on the same pair
- CFTC and NFA Reporting: Broker must be registered and audited
These constraints shape the way scalping is executed in the US and influence the choice of strategies (e.g., momentum scalping over grid systems).
Key Takeaways
- Choose a CFTC/NFA regulated broker with no scalping restrictions
- Opt for low-latency ECN or STP brokers like FOREX.com or IG US
- Use advanced platforms with depth-of-market and one-click trading
- Be aware of FIFO and no-hedging rules in US forex markets
- Prioritise execution speed and slippage control for consistent profitability
Frequently Asked Questions
What is the best US forex broker for scalping?
FOREX.com and IG US are top choices due to tight spreads, fast execution, and no scalping restrictions.
Is scalping legal in the US forex market?
Yes, scalping is legal, but subject to NFA rules such as FIFO and no hedging.
Can I scalp with MT4 in the US?
Yes, brokers like IG US and OANDA support MT4 scalping with full functionality.
Do US forex brokers allow hedging for scalping?
No, hedging is restricted under US regulations due to FIFO rules.
Is Interactive Brokers good for scalping?
Yes, especially for professionals needing direct market access and precision execution.




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