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What is the foreign exchange slip point

by Victor

The so-called slip point is to point to investor place an order trade point and actual trade point have a kind of trade phenomenon of difference.

A slip point occurs when the trading price is different from the starting price.

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At present, the slip point of foreign exchange can not be eliminated, mainly because the cause of the slip point is unavoidable.

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The most common cause of currency slippage is network delays.

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Any platform will have this problem.

This should be explained from the root cause of slip;

Platform software stability, server stability, and so on, generally speaking, the formal dealers, this problem can be well solved.

It is for this reason that we recommend the use of powerful investment platforms to do trading, which tends to reduce the sliding point phenomenon on the platform, because the big dealers can get more favorable prices and larger trading volume from the quoted banks.

At present, including FXHUI, many large investors, after the occurrence of foreign exchange slide, open compensation measures.

The investor will submit the screenshot of the order with sliding points, and the dealer will give the investor some compensation after verification.

Another common cause of currency slippage is deliberate manipulation by irregular traders.

These traders are what we call “black platforms”, which, through perceived slippage, encroach heavily on investors’ property.

Therefore, investors must choose platforms with strict supervision. If the above problems occur on such platforms, they will be punished in the eyes of the regulatory authorities.

Inflation data bolstered interest rate hike bets and the euro hit a near one-month high against the dollar.

Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.

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