Does Basel Financial allow scalping?
Definition: Scalping is a trading strategy based on the following principles: • Distance in pips between open and close price (Averaging eight basis points or less over any 24hours period) • Time between open and close • Frequency of trades The smaller the distance in pips between open and close price, the shorter the time between open and close, the higher the frequency of the trades, the more chances you have to be qualified as a scalper. Scalping is allowed under one or all the following conditions: · Higher spread may apply. · Lower leverage may apply. · A commission may apply.
