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FXCM statistics reveal 31.55% positive slippage for the 5 months ended on May 31
Major forex brokerage FXCM disclosed spread and slippage statistics on Wednesday, according to which 31.55% of all orders received positive slippage in the period from January 1, 2017 through May 31, 2017. In addition, according to the broker’s spreads report for Q1 of 2017, the average spread on EUR/USD amounted to 0.2 pips. Slippage can occur for many reasons, but price volatility appears to be the largest contributor. With FXCM’s forex execution models, its clients can potentially receive price improvements on all orders if the market spikes favorably, as all orders fill with the broker’s best available ... (full story)
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