Slippage is the difference between the price you expected and the price your order actually filled at. It usually happens during fast-moving or low-liquidity markets, such as around major news. Slippage can be negative or, occasionally, in your favour.
Forex Term
Slippage
When a trade fills at a different price than expected.
Example
You click buy at 1.1050 but the order fills at 1.1053 during a news spike — that is 3 pips of slippage.
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Trading Forex and CFDs involves a significant risk of loss.
Risk
Forex and CFD trading involves significant risk of loss and is not suitable for all investors. Leverage can work against you. This content is educational and not financial advice — always do your own research.