DislikedBB, what does it mean when someone like DukasCopy adverstises 100 mil @ 1 click? (1000 real lots)
I mean how much would someone get slipped in EURUSD? EURJPY? during europe
I've always wondered about that... obviously I don't need to make sure trades, but still would like to know the answer.Ignored
As to how much you will get slipped for a 100 million unit order... well you have to see how much volume is available on the market during a typical day. Unfortunately, I haven't opened an account at an ECN broker yet (I'm probably going with IB in a few months, because I also like to trade stocks/futures), so I'm not sure about the exact volume available. But from screenshots of IB and EFX/MBTrading feeds, the EUR/USD seems to have a volume of around 20-30 million on the bid/ask.