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Forex Basics

Slippage

The difference between expected and actual execution price.

Full Definition

Slippage occurs when your order executes at a different price than expected, typically during high volatility or low liquidity. Positive slippage gives you a better price; negative slippage costs extra. Market orders are prone to slippage, while limit orders prevent negative slippage but may not fill. Slippage is most common during news events.

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