If I do 3 to 10 trades with leverage on eToro, do they track it as scalping?
Asked 4 years ago
How does this rule actually work?
Tessa Gallegos
Tuesday, June 22, 2021
According to eToro terms and conditions, scalping is not allowed, you can learn more by checking out their terms and conditions online. If you carry out multiple short trades in a day, it is considered as scalping. If scalping is your most efficient trading technique, check for brokers that allow it.
Andia Rispah Igobwa
Monday, April 25, 2022
If you're a forex trader, you've probably heard of scalping. Scalping is a trading strategy that involves carrying out multiple short trades in a day in an attempt to make small profits.
According to eToro's terms and conditions, scalping is not allowed on their platform. So if scalping is your most efficient trading technique, you'll need to look for another broker that allows it. There are a few reasons why eToro doesn't allow scalping.
First, scalpers tend to make a lot of trades, which can put a strain on the eToro servers.
Second, scalpers usually don't hold their positions for very long, which means they don't generate much commission for eToro.
And finally, scalpers typically only profit by a few pips per trade, which is not enough to offset the risk of loss for eToro.
So if you're looking to scalp the markets, you'll need to find another broker that allows it. But before you do, be sure to check their terms and conditions to ensure that scalping is allowed.
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