Slippage is the execution of a trade at a price that is different from the market price.
The main reasons for slippages are:
- High market volatility.
- Low liquidity of the instrument.
When trading with Tifia, the probability of slippage is very small.
Nevertheless, slippage is one of the features of MT (MetaTrader) platform technology, and during the periods of important economic news and high volatility on the market your order can be executed with slippage due to a sharp price movement.
Tifia warns customers in advance of high volatility on the market and try to prevent such situations.
With Tifia, your orders are executed at the best available market price.
What is Gap?
Gap is a concept in technical analysis, which refers to a price gap.
Visually in the chart, a gap means that in this price interval, there were no trades in the selected trade instrument.
Why is there no gap in the chart, but my order slipped?
Tifia provides market execution of trades.
Under market conditions other than normal (for example, high volatility), orders can be executed at a price different from the declared.
The order execution price will be determined by the situation on the market.
If you have doubt about the order execution on Tifia’s MT4 and MT5 platforms, contact support team from the Official Website