Question: My orders on XM MT4/MT5 get slippage. What could be the reason of this?
Slippage is a common thing to happen for every broker with any foreign exchange markets.
Slippage happens especially when:
- Trading on news time(when important economic news is released)
- Trading large volume like 10 lots or more
Even if XM secures a large volume liquidity pool for traders, there is always a limitation on the amount.
Slippage can affect your trades both positively and negatively.
Slippage happens because there is no enough liquidity (counter orders) for your order to be filled. Slippage could also happen when the connection speed of your platform is very slow, thus taking time to execute the orders.
For more information, contact XM support team or refer to Educational Materials.