What is Slippage?
Slippage refers to the difference between the final execution price of your order and the price you initially requested.
Example:
Requested price: You place a market order to buy EURUSD at 1.10200. This is the price displayed when you submit the order.
Executed price: Due to market conditions, your order is actually filled at 1.10300.
Result: This means your order was executed at a price 10 pips higher than the requested price, reflecting slippage.
