1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Slippage in market execution

Discussion in 'General Forex Talk' started by alessandromagno, Oct 2, 2012.

  1. alessandromagno

    alessandromagno Recruit

    Joined:
    Oct 2, 2012
    Messages:
    5
    Likes Received:
    2
    Hi people i know with the instant execution we can set a maximum range (in order window) in pips within enter a trade or abandon it. But in ecn broker does this function work? Infact i know they do market executions, and if i open the order window i don't see this parameter to set. But if i go to tools->options->trade i can set this number of pips deviations.

    The question is: does it work anyway?

    Thanks
     
  2. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,668
    Likes Received:
    2,206
    It should work, but I recommend checking first. To some extent, that may end up depending on how the broker has their back end set up. Contact your broker's support and ask them. Even if they do say that your slippage limits will be honored, keep an eye on what slippage you really get.
     
  3. alessandromagno

    alessandromagno Recruit

    Joined:
    Oct 2, 2012
    Messages:
    5
    Likes Received:
    2
    Thanks, i will do!
     

Share This Page