Hi ppl,
I need advice here
I'd like to check different brokers for slippage and I'm not sure if the demo accounts work the same way that live works. For example if the live order would slip by 20 pips during news announcement would the demo on the same broker slip as well?
Thanks in advance
"Nothing is unexplainable, Everything is mystery" W. Liquorman
Hi ppl,
I need advice here
I'd like to check different brokers for slippage and I'm not sure if the demo accounts work the same way that live works. For example if the live order would slip by 20 pips during news announcement would the demo on the same broker slip as well?
Thanks in advance
Ignored
no a demo is not a good gauge for this.
never use a brokers demo and assume it has similar market conditions on their live server. A brokers demo account is good for getting used to the platform and that is about it.
I've traded with Gain and RJOB through TS and GFT direct.
Have not experienced " slippage " in the sense that I know it in the futures market.
That is ,you enter a market order and get filled off the price seen at that moment.
99% of the time to your detriment.
With FX , I click the icon and bingo bango that's the fill.
At least in my experience.
With the spread they charge , they don't have to slip you.( sarc )
