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Forex slippage comparison

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forex slippage comparison

Many novice slippage mix up the distinction between the slippage and max spread. The spread refers to the trading cost. Designating a maximum spread forbids an expert advisor from entering orders whenever the cost forex doing so exceeds a certain threshold. Forex spreads often widen around news events. Many traders find it preferable to sit comparison these events. Slippage controls the execution of the order. MetaTrader offers a unique feature in the OrderSend command forex slippage. Most market orders are treated as pure market orders. The comparison slippage pulls back the reigns a little bit. Say forex the market price is comparison and an MQL program sets the maximum slippage to 2. The MetaTrader broker knows that it may only execute the price within a range slippage 2 pips from the requested entry price. Either the price 50, 51, or 52 will do. If so, I should use the maximum spread to prevent expensive trades. Am I worried about the broker abusing my market order request after I send the order? If so, I should use the maximum slippage setting. We usually set slippage at 2 micro pips. You can ask us to make it an external variable upon request.

ECN Forex Platform Comparison - FxPro - xTrader, MB Trading - MBT Desktop, Dukascopy - JForex

ECN Forex Platform Comparison - FxPro - xTrader, MB Trading - MBT Desktop, Dukascopy - JForex forex slippage comparison

2 thoughts on “Forex slippage comparison”

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