Forex Broker Assessment Update:Compare 25 Brokers With Low Slippage in June

Source: Fazzaco 2020-06-15

Slippage is the difference between the price a trader places their trade at and the price at which the trade is executed. It can either be to the trader’s advantage (positive slippage) or disadvantage (negative slippage), thus acting as a key element to consider when traders choose a broker.

In the Forex Broker Assessment (FBA)conducted after NFP release in June,2020, it was found that a total of 174 slippages occurred among 25 brokers, among which the maximum positive slippage is +5.0 and the maximum negative slippage is -4.0.

The details are shown in the following chart:

Assessment Method: 2 market execution orders + 3 pending orders (including 1 stop-loss or take-profit order) for each platform, using a real account.

Instrument: EUR/USD

Assessment Tool: Screen recorder App and stopwatch

Assessment Time: 20:30, GMT+8, June 5, 2020

As a regular column of Fazzaco, FBA aims to provide a comprehensive information about the performance, NFP transaction, customer service, spread, and overnight interest rate, and other parameters of various platforms in a timely manner, enabling you to have a panoramic view of the forex market.

Forex Broker Assessment Update:Compare 25 Brokers With Low Slippage in June

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