Slippage is actually the difference in the rate at which an order was placed and at which it was conducted.
For example, if you order to buy a pair of EUR/USD at 1.444 but after some time you come to know that the deal was conducted at 1.4450 or worse it was not successful even. This will ultimately come up with loss. A good broker has minimum rather negligible slippage and let you escape any risk of loss.
For example, if you order to buy a pair of EUR/USD at 1.444 but after some time you come to know that the deal was conducted at 1.4450 or worse it was not successful even. This will ultimately come up with loss. A good broker has minimum rather negligible slippage and let you escape any risk of loss.
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