The difference between the price you expected and the price at which your CFD order was executed is known as slippage. Slippage occurs when the market price changes between the time an order is submitted and the time it is executed. It can work either against you (negative slippage) or in your favor (positive slippage).
What Is The Reason Causing Slippage
Market orders are executed at available market prices when processed. These prices may differ from those displayed when you submitted the order.
Factors that may contribute to slippage include:
- High volatility: Prices move rapidly during economic announcements or unexpected news.
- Low liquidity: Insufficient trading volume is available at the expected price.
- Market gaps: Prices change across a trading break without available prices in between.
- Large orders: Available liquidity may require an order to be filled across several price levels.
- Connection delays: Prices may change while an order travels between your device and the trading server.
How Do I Check My Actual Execution Price in MT4/MT5
On the desktop platform:
- Open MetaTrader 4 (MT4) or MetaTrader 5 (MT5).
- For closed trades, open Account History in MT4 or History in MT5.
- Locate the relevant trade and review its opening and closing prices.
- Compare the execution price with your expected price.
- Check the Journal tab for available order messages and timestamps.
For positions that remain open, check the opening price in the Trade tab.
Is slippage charged as an additional fee
No. Slippage is reflected directly in the price at which your position opens or closes.
- No separate slippage fee is deducted.
- The execution price affects the position’s profit or loss.
Risk Warning
Trading Contracts for Difference ("CFDs") and other leveraged financial derivatives involve a high degree of risk and may not be suitable for all investors. Leverage can magnify both gains and losses, and you may lose all of your invested capital. You should ensure that you fully understand the risks involved before trading.
The information provided on this website is for general information purposes only and does not constitute investment advice, a recommendation or an offer or solicitation to buy or sell any financial instrument.