Slippage is the difference between an expected execution price and the actual fill. It can occur in fast markets, low liquidity or when the order must travel between systems. The direction and scale of slippage depend on market and order conditions.
A simple pip example
Suppose a signal says buy EUR/USD at 1.10000, but the trade fills at 1.10030. The entry is three pips higher. At an illustrative $10 pip value, that difference corresponds to about $30 for one standard lot before other fees. Another account copying the same signal could receive a different execution price.
Order type changes the trade-off
A market order prioritizes execution but cannot guarantee the initially displayed price. A limit order sets a price boundary but may remain unfilled. Stop orders can be triggered and then execute at a worse price in a gap, depending on the broker’s order handling. The platform’s official execution policy is the controlling reference.
Copy and automated strategies introduce timing
When a provider trades first, the copying infrastructure must detect the event and submit another order. That delay, combined with different brokerage conditions, means historical provider returns should not be presented as a copier’s assured outcome.
- Signal timestamp vs copied-order timestamp.
- Requested price vs fill price.
- Spread at both events and currency pair liquidity.
- Failed, partially filled or rejected orders.
What an honest review needs
Without actual live trade records from comparable accounts, we cannot assign a credible slippage score. We can explain mechanics and publish sourced execution policies, clearly distinguishing them from measurement.
Forex position size & risk calculator
Change assumptions yourself. This free calculator uses transparent arithmetic; it does not predict a strategy’s future results.
Open interactive calculator ↗