What is Slippage?
Slippage refers to the final execution price of your order differs from the price which was requested.
Example:
Requested price: If you place a market order to buy EURUSD.s at 1.10200. This is the price you see when placing the order.
Executed price: Due to the market conditions, the actual price at which your order is filled at 1.10300.
Result: This means the order was executed at a price 10 pips lower than the price you intended to buy due to Slippage.