Disliked{quote}Hope youre doing good Takisd. Yeap, I can confirm that. It didn't bother me previously; but whatever they use now is an itsy bitsy annoyance, I'm considering whether to invest the time to code up something to counter the effects. Still really love them though..Ignored
I will scream it till the cows come home, institutional spreads that can fill a full standard lot are not 0-0.2 pips on eurusd unless the market is very very tight ranged. Basically using vwap or book depth, any slippage is bringing you in line with the market.
Tiered slippage is essentially doing that in a rough way but making hard levels of where the conditions change. TFT right now has the worst tiers i have ever seen, fundednext used to be far worse but is a little tighter now probably because they saw their business get set on fire.
The best thing someone can do and it seems many have done, is tune their strategy to handle the tiers better. I believe navK has done well to do so by chopping orders into multiple orders.
Oh I forgot to add, these systems are built to stop down the line scam complaints. For example, when you trade at a broker, they have you on b book, you go on a run and they a-book you then all of a sudden you are getting slippage to spread on volume and people start scremaing OMG I MADE MONEY AND NOW BROKER IS AGAINST ME... The truth is, b book gives way better conditions than real market and the real market is rough.
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