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Forex brokers with no slippage
When trading Forex and other financial markets, there's a possibility that the price at which we want to buy or sell an asset may slightly differ from the actual price at which the order gets filled. This phenomenon is known as "slippage," and it typically occurs during periods of high volatility. When using market orders, which means executing trades immediately at the best available price, slippage is a natural occurrence. However, some Forex brokers that offer no slippage allow traders to execute trades at the exact price they intended. This can be highly beneficial, especially during scalping, where even minor slippage can significantly impact a trader's overall performance. Here is a list of the best Forex brokers with no slippage feature, enabling traders to maximize their trading performance.
In addition to using Forex brokers that offer no slippage, another effective method to achieve almost zero slippage is by utilizing limit orders. Unlike market orders, limit orders patiently wait until the price reaches the trader's desired level and then execute the trade at that specific price or an even better one. However, it's essential to note that not all Forex trading strategies can make use of limit orders, as some situations require immediate entry into a position when opportunities arise. In such cases, the ideal solution is to opt for Forex brokers with no slippage feature, as it allows traders to maximize their profitability and efficiency. In summary, there are two ways to trade with no slippage: either by selecting Forex brokers with no slippage or by employing limit orders. Each method offers its own advantages depending on the trading strategy and circumstances.