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Otherwise it will be canceled to protect you from unwanted negative slippage. If you set a Market Range of 2, then 2 pips is the most negative slippage you could get on the order. Market Range (AKA Maximum Deviation* on our MT4 platform) lets you specify how much negative slippage you are willing to accept on a market order.
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In addition, FXCM provides you with unique tools to help you minimize your negative slippage and still receive the full benefits of any positive slippage that's available in the market. 52% of all stop and stop entry orders received negative slippage.Over 58% of all limit and limit entry orders received positive slippage.10.2% of all orders received negative slippage.13.5% of all orders received positive slippage.A yearlong study of orders placed through FXCM shows our clients received positive slippage as often as they received negative slippage:
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Please tell me to what slippage issues you are referring, and I will be happy to address your concerns.Īt FXCM, we take great pride in the quality of our execution. Therefore, I hope you will now realize that the reason behind the Off quotes message is not as you thought but rather as I have explained: negative slippage? Īlso, I highlighted the fact that you are trading on a demo to point out that even if all your other accusations against us were true, it would still not make sense for any broker to trade against you on a demo account, since no real money is at risk. Do any of the other brokers you are testing provide you with stats like FXCM does regarding positive vs. This gives you unique control to specify how much negative slippage you are willing to accept, and the best part is it only limits your negative slippage, not your positive slippage. FXCM offers you an enhanced Maximum Deviation feature that is not available with the other brokers you are testing. Mercedes and BMW compete in the same class of cars with similar features.