How do you avoid Slippages

[wisetrada]

I just got a new account with a UK broker, but I don't like how I experience slippage on this platform. I decided to go with this broker because of their copy system. I don't experience slippages with my other broker. But this new broker and their platform is killing my trades. Can anyone tell me any trick to avoid slippages?

 

[Enivid]

The good way to get read of slippage in trading is to trade using pending limit orders.

 

[ituglobal]

I just got a new account with a UK broker, but I don't like how I experience slippage on this platform. I decided to go with this broker because of their copy system. I don't experience slippages with my other broker. But this new broker and their platform is killing my trades. Can anyone tell me any trick to avoid slippages?

What broker is it, please? Could you name them?

 

[Exness Support]

well avoiding slippage depends on your broker. There is not much you can do about it. So i will suggest go with a broker who has STP or ECN accounts. How ever if you want to avoid re quotes there is an easy option in mt4. Go to tool>option> trade> deviation by default and set it to 30-40 points if max slippage with your broker is not more than 3-4 pips. You will never have any re quote again

 

[vicknic]

Slippage is not something you can avoid. It happens in all STP/NDD platform. However, broker latency and execution speed has a good roll to play here. When your broker delays your order execution, there is every chance that the price will move during the time you place the deal and the time it takes to execute the order. Choosing a platform with fast execution speed is very important. Our clients rarely experience slippages. There has not been any serious complain this year.

 

[Fxpipper]

Just use pending limit orders..it takes care of this issue. And yeah, too much slippage, better change the broker asap..

 

[Fxpipper]

Sorry but would have to disagree with the last post.. a demo account DOES NOT make for actual trading experience..more to the point, a few brokers offer demo accounts that vary widely from live ones.

The demo account is there to help the new trader learn the ropes, work out how to use the TP, SL, indicators, develop a strategy, etc. But the sooner the trader moves to a live account, he can chalk up some trading experience, of the real sort. I would suggest a micro acc to start off with..

 

[nalu]

Slippage can be faustrating and can ruin money management plan.Slippage happen mostly when market are closed for periods of the day. The use of stop loss order is important because it can help in preventing slippage . But if u feel the fault is from your broker why not change your broker and try other broker that present better platform that can make you trade successful instead of giving you problem. Thats why i love profiforex.

 

[RanAli]

Find an Equinix broker, get the best VPS as close to the trade server as possible and trade.

There is always latency over mt4 and there is always slippage (fast markets), the best you can do is lower latency as much as possible and get less slipped.

My EA on Yadix VPS executes at just over 1 millisecond. They use Equinix NY4, but equinix has multiple servers around the world it means that you are connected on the same network all the time. I can't fine better

Oh forget, if you really want to avoid, dont trade in news or fast markets ever

 

[toretton]

Whats a problem? Just use pending limit orders. If u r not an experienced trader, it is better to trade with a less difficult things

 

[triplet]

Slippage at times is not avoidable but the broker we use can be the cause.And since you notice it is from your broker why not choose a fair broker that is well known and stick to them. I having been trading with profiforex and I haven’t experience such for now

 

[fairfxtrading]

I'm a technical trader and do not trade at publishing economic / finance news...

 

[JimMoz]

I guess negative slippage you had? I find it unbelievable that some brokers only give negative slippage. From that side you cannot control.

From your side, get a vps close to their server. Its the best

 

[Rambo35]

I will change the broker, that's the easiest and painless way.

 

[garena]

Avoid new release and I think some broker offer fix spread in all conditions. This is what you need to avoid slippage.

 

[tomas.v]

The easiest way to avoid slippages is to choose a broker who allows to place real limit orders, such orders reside in orderbook and they can't be slipped in any situation. There are a few such brokers like mbtrading or fxopen.

 

[NigelPower]

Slippage is normal for STP/DMA brokers, if with your broker you get only negative slippage, then something is wrong. If you get price improvements (positive slippage) then you are ok.

 

[madrista]

Slippage is most common in markets that are closed for periods of the day, such as equity markets. The reason is that market-affecting events can occur while the market is closed and the market may reopen at a markedly different price to where it closed. This is also referred to as “gapping”. If a trader has a stop-loss or stop-entry order within the “gap”, they will suffer slippage as their order will be filled when the market opens at the worse-off opening level.