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January 22, 2018

Question:What is slippage? Why does it occur on MT4?

Answer:

Slippage is the difference between the price you ordered and the price at which the order was actually executed.

As a ECN/STP broker, Titan FX provides market execution within the interbank market.

Slippage can happen when there is not enough liquidity at the price requested to fill your order – as a result, the order will be filled at the next available price.

Slippage is more likely to occur when the market volatility is high, like during high impact news announcements or rollover time.

Please note that stop loss, take profit, buy/sell stop and buy/sell limit orders are conditional, and therefore can vary from the requested price (please refer section 12.12 of Titan FX PDS).

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