Huge Slippage

doggyfx · Jun 15, 2015

gkadir said:
Guys,

I just wanted to update you. My broker as refunded me the slippage amount and has put it down to a rouge trade.

I thank everyone who has helped me here, ET is a great place to source the help needed.

Happy trading!

Glad you had it resolved. What is most important you were succeed to prove to the broker that fault was on their side.

trader_phil · Jun 17, 2015

any refunds is a good sign, i had a reimbursement done before its reassuring.

Henry Edith · Jul 4, 2015

Makes me wonder what kind of Broker you are dealing with. If it is a market maker then you should expect things like this to happen. Slippage occurrence is normal with almost all platforms. However, you should minimize your risks by trading with an STP broker.

formica · Jul 6, 2015

News these days cause slippage in many brokers. Those with variable spreads increases their spread to a large extent. A trader cannot even trade with pending orders these days.

Maxue · Jul 16, 2015

Slippage is something common with almost all brokers, more on others, even I have encountered some slippage on hotforex but nothing major and rarely does it happen. and make a habit of talking to execution dept if the slippage is crazy.

Umais Rajput · Jul 18, 2015

I have heard lots about the slippage thing and saw slippage comparison of different brokers on autotrading platform. This is really a bad thing for auto trading actually.

trader_phil · Jul 22, 2015

yeah something we all have to deal with, even us manual traders, but some brokers do reimburse =, it happened to me once about a year ago with hotforex and i got my money back but its not a requirement i mean some slippage are just an avoidable.

Henry Edith · Jul 28, 2015

trader_phil said:
getting refund is a good sign! more traders should contact broker regarding slippage, but there are time where slippage is something unavoidable as long as its acceptable, there is no perfect broker in my opinion I trade hotforex and i even got some minor slippage but rarely still as long as its manageable.. its just the mind set so other traders wont freak out

That is true. I use the Profiforex platform and have got just 2 or 3pip slippage on few occasion with less volatile pairs. Have never had a slippage with EURUSD, don't think that will happen.