Slippage

Slippage is the difference between the expected price of a trade and the price at which it actually executes. It happens when the market moves between when you send an order and when it reaches the liquidity provider's server. Slippage can work in your favor (positive slippage) or against you (negative slippage). Market orders are especially prone to slippage because they accept whatever price is available at the time of fill.

Slippage is most common during high volatility events, low liquidity periods, and major news releases. When a Non-Farm Payrolls number prints dramatically different from expectations, EUR/USD can move 50 to 100 pips in seconds, and any market order submitted during that window may fill several pips away from the expected price. Limit orders prevent negative slippage because they only fill at the specified price or better, but they may miss the trade entirely if the market moves past without touching them.

For example, if you send a market buy on EUR/USD at 1.0850 but the order fills at 1.0853, that is 3 pips of negative slippage, costing about $30 on a standard lot. On a 50 pip profit target, that slippage turns what should have been a $500 winner into a $470 winner. Across hundreds of trades, slippage compounds and can materially reduce profitability, especially for short-term strategies.

In copy trading, slippage is one of the reasons copied trades sometimes produce slightly different results from the master account. SteadyFlowFX routes trades through low-latency infrastructure to minimize the gap between the master fill and subscriber fills. The verified Myfxbook 71.3 percent win rate and 1.73 profit factor reflect the master account's execution quality. Using a broker with fast servers, low latency, and deep liquidity helps keep your copied fills close to the master's, preserving the strategy's published performance.