Hi Guys,
The difference between the price specified in a trade vs the actual transaction price. It is usually caused by the latency between trade order and execution. Since the forex market is so fast and liquid, slippage is usually very small.
Due to technologies reasons, there will always be some slippage between the requested price and the execution price. Nevertheless, you should find a broker that allows trading with minimum slippage that will not kill your account. Brokers with advanced technology and systems, an ECN broker that broadcasts all of its client's orders straight to the market and provides the market's real quotes and prices.You can also avoid large slippage in your current broker by not trading while high impact news is released or during 'dead' hours.
The difference between the price specified in a trade vs the actual transaction price. It is usually caused by the latency between trade order and execution. Since the forex market is so fast and liquid, slippage is usually very small.
Due to technologies reasons, there will always be some slippage between the requested price and the execution price. Nevertheless, you should find a broker that allows trading with minimum slippage that will not kill your account. Brokers with advanced technology and systems, an ECN broker that broadcasts all of its client's orders straight to the market and provides the market's real quotes and prices.You can also avoid large slippage in your current broker by not trading while high impact news is released or during 'dead' hours.
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