Disliked{quote} trading at $5000 a pip correct? but if you went up to $50,000 a pip, id assume some big slippage if you tried 5000 lots in one click (many trade copiers needed id assume) still FX is more liquid than ever before so perhaps 5000 lots is nothing these days. from what i know of daily turnover... 500 mil is roughly -- 1/10000th of total daily turnover. 1/10000th of all liquidity (for that 24 hours) in 1 trade from 1 person may not seem like a lot, but it is. with your 500 lot orders you are doing roughly 1/100,000th of daily liquidity... i see...Ignored
I have no idea what impact $50,000 per pip trading will have. I will say that such 5,000 lot trading is a hefty load, even on the roughly 25,000,000 daily average for the Eur:USD currency pair. I am simply not at that stage yet, and so I cannot comment from any experience with it. I do think a lot about the issue, and I have some plans in mind to test when that time comes.
Please DO factor into NOT using just one broker for such a venture. Spreading 5,000 lots across multiple brokers, each of whom use a different mix of liquidity providers will balance price spikes/slippage out; it is a bare minimum I think.
Certainly at 500 lots across 5 brokers causes no discernible ripple effect on slippage.
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