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  1. #11
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    yeah i would say there is no avoiding it, but i guess it hits scalpers the most, and trades with larger lot sizes. we just have to adapt and make it work. but be warry of some slippage (those that are quite suspisious) coz brokers like fxcm and alpari was fined for it. they abuse it i guess.

  • #12
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    Just contact your broker for any slippage issues, maybe they can refund to you.

  • #13
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    Quote Originally Posted by aventador View Post
    Just contact your broker for any slippage issues, maybe they can refund to you.
    Yeah got two refunds from Hotforex because of bad spikes, they do honor their agreements and grant true access to interbank markets. Glad that I trade with them.

  • #14
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    there are pretty much obvious slippage, but some traders tend to abuse the refund/reimbursement, but i guess fxcm and alpari got fined for abusing NFP releases so, if its that obvious then contact the broker. but there is no avoiding it really

  • #15
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    Quote Originally Posted by maligno View Post
    there are pretty much obvious slippage, but some traders tend to abuse the refund/reimbursement, but i guess fxcm and alpari got fined for abusing NFP releases so, if its that obvious then contact the broker. but there is no avoiding it really
    Yeah that's because true STP brokers like Hotforex are mediators and they can't control or modify the feed they receive and refer to a trader. So if there some problem pops up, don't hesitate to touch base with broker support to seek compensation.

  • #16
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    It is necessary to select the normal broker, and select system, which avoids slippage during opening and closing deals. Therefore, you can minimizing loss of funds for each deal.

  • #17
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    If you don`t want slippages, find a broker with Instant Execution method. But in this case, you`ll face with requotes. Slippages are normal for Forex market, I think, it is smth, you should accept and deal with.

  • #18
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    Quote Originally Posted by Gordon Ramsay View Post
    I don't know but i think this is not in our control. If there is slippage then what can we do? I don't think there is any way to avoid it apart from joining better broker....
    Sometimes it is out of your control but you can do the following to avoid it.

    1) Choose a reliable forex broker who does not trade against you.
    2) Try not to trade when the market is super fast.

    For me this works well.

  • #19
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    Quote Originally Posted by HollerAndreas View Post
    Sometimes it is out of your control but you can do the following to avoid it.

    1) Choose a reliable forex broker who does not trade against you.
    2) Try not to trade when the market is super fast.

    For me this works well.
    Hi
    What's your broker?
    thanks.

  • #20
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    We just need right broker. I believe slippage can be horrible and I have faced it recently with ForexMart, as it was horrible for me with their service which made me lose a lot. So, it is absolutely vital that we avoid such broker.

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