How do you categorize good scalping brokers?

The main features of a trading platform suitable for scalping are the following:

First and foremost, the broker must accept traders who use scalping strategies. Some brokers define their terms and conditions so that they do not offer their trading platforms for scalping.

Secondly, the broker should be available to local traders. Each broker has geographical restrictions. Our top list only contains brokers who open scalping accounts in Austria.

The broker must offer competitive commissions (both the trade opening commission and the spread) to keep the cost of each position to a minimum.

The platform must allow orders to be opened with a user-designed setup. The setup describes the pips in which the order will be closed, both profit and loss.

The platform must have fast order execution. There is no point in being a high-frequency scalper if the platform takes a second to open or close the order when the price may fluctuate wildly. As a guide, the broker should have Electronic Communication Networks (ECN) or Straight Through Processing (STP) for instant execution of orders.

The platform must provide good technical analysis indicators. For obvious reasons, a scalper needs good data to simplify decision making.

It must allow orders to be opened and closed with just a few clicks: a scalping strategy loses all its effectiveness if there are many clicks of the type “Are you sure you want to open this order?” are required to negotiate an order? Or “Confirm the process by clicking”.

The broker should be regulated in a reliable and reputable jurisdiction. When scalping, you should avoid unregulated brokers or those regulated in offshore jurisdictions. It is important that the execution of your trades (in other words, the accounting of profits/losses) is carried out correctly and that a competent regulator monitors the broker's accounting. A fraudulent broker can quickly liquidate the scalper with false, unverified information. A broker operating from the relevant jurisdiction has no way to cheat its users as it would soon be banned.