[Hlm]

I have used many Forex Brokers over the years. I no longer daytrade Forex in a "scalping" manner, but still occasionally enter intraday swings or even longer positions. The only broker I still use for Forex is EFXGroup. They are the Forex only side of MBTrading. The people that work there are very helpful and I have never had an issue with them. If you trade the big pairs during peak hours the spread is practically non-existent and in my opinion cancels the fact that you pay a commission. Their speed is top notch and the spreads are very fair around news events.

I would like to point out, however, that I do not think scalping and news trading is a good idea with Forex. Currency futures is a better choice in my opinion. If you do have a valid and robust strategy for trading Forex, you should take a look at EFXGroup or MBTrading.

Forex Brokers I have had experience with:

• EFXGroup
• Forex.com
• FXCM
• FXDD
• InteractiveBrokers
• Oanda
• Velocity4X

Note: EFXGroup is the only one I have dealt with lately (within the last five months). Like with every broker…uptime, speed, customer support, etc, can change from time to time.