Disliked{quote} What is considered a large order according to you , Is 50 lots large enough to cause slippage ? 100 lots ? (provided that we are trading in liquid sessions like LDN /NY with liquid pairs like EU , GU , AU ) What slippage i can generally expect with these sizes ?Ignored
Thanks for your question. It will vary depending on the instrument and time, different instruments have different levels of liquidity as well as different times. For example, FX majors will have better liquidity than Soybeans and holidays will have thinner liquidity. Additionally, bad internet connections or other latency issues could lead to different trigger prices. While I can't give you specifics without knowing your full trade set up, generally you could expect some slippage when you make a 50-100 lot trade, to my knowledge no broker would be able to execute that single trade without slippage. The best way to know exactly the kind of slippage you'd be getting is to check the DoM (depth of market) which should be available on all our platforms (MT4, MT5, cTrader, TradingView). It'll give you what volume can be handled at the top of the order book and you can calculate the layers you'd go through if you executed a 100 lot trade.
I hope that clears things up a bit.
- Sarah