Slippage: the first time your fill differed from your order price

You click buy at 1.1050 and the platform fills you at 1.1053. That's slippage, and it happens most often during fast markets and around news — in both directions, though brokers' customers mainly remember the bad direction.

Slippage: the first time your fill differed from your order price — bid-ask spread diagram
The bid-ask spread on a currency pair

Share:

  • when it first happened to you, and on which pair
  • whether you've ever received positive slippage
  • what you do now to reduce it
Slippage: the first time your fill differed from your order price — risk-reward diagram
A risk-reward ratio of 1 to 2

The bid, ask and slippage guide explains why fills differ from quoted prices.

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