Maximise Your Profits: ic markets Average Slippage

Maximise Your Profits: ic markets Average Slippage

Trading in the forex market can be⁣ lucrative, but it can also‍ come with risks, including slippage. IC Markets ‍ offers ⁣traders ​a ⁢unique advantage when it comes to slippage, with their average slippage⁣ being one ⁣of the lowest in ​the industry. ⁣In this article, we will explore IC ‌Markets average slippage, what it is, and how it can ⁤benefit ⁣traders‌ of ​all experience‌ levels.⁣

What is IC Markets Average ‍Slippage?

IC Markets is​ a leading online brokerage firm that‌ offers traders a ⁣wide​ range of financial instruments to trade, including Forex, CFDs, indices, ​stocks and commodities. The company has a competitive ​Edge technology‍ that⁢ ensures ⁣low ⁣spreads, high leverage ​and fast execution on trades. One of the ‌main features of their trading platform⁢ is the slippage.⁢ Slippage is the difference between ⁤the‌ price that is requested for an order and ⁢the price‌ that⁤ is ⁢actually filled by the broker. Slippage can be positive or⁣ negative depending ‌on the direction of the trade. The average slippage for IC Markets is 0.3 – 0.6 pips,​ which is⁣ reasonably low compared to most online brokers.

Pros‍ and ⁢Cons⁢ of‍ IC Markets​ Slippage

The‍ IC Markets slippage ⁣is​ an advantage for traders, ⁢as⁣ it ensures good execution of orders, which ‍is an⁣ important⁢ factor in ⁤making profits‍ as‍ a Forex ‍trader. The low slippage also reduces the risk of trading, as​ it‍ prevents the financial losses that can be caused ⁣by unpredictable price movements in ‌the⁢ financial markets.

However, traders must‍ be aware of the potential for ⁣slippage ‍to cause losses in their ⁣trades as well. Although the average slippage⁣ for IC ⁢Markets is 0.3 – 0.6 pips, prices ⁤in the markets are liable to change quickly and⁣ unexpectedly, which‌ can cause slippage to be higher than expected. Therefore, traders should ‌be ​prepared for the possibility of large losses when trading on IC⁣ Markets ‌due to slippage.

How to Minimize Risk with‍ IC ⁢Markets Slippage

While the risk of slippage cannot be completely eliminated with any broker, traders can take steps to minimize their risk when⁢ trading with IC Markets. The ⁢first step in minimizing slippage risk‍ is to ensure⁣ that ‌orders are placed ⁢before the market opens to avoid price movements that ​can cause slippage.‌ This is especially important ‌when placing large orders, ‍as price ​differences​ can be⁣ larger in more⁤ highly traded currencies.

Another⁤ way ⁤to reduce slippage risk is to research the financial‍ markets⁤ and⁣ analyze past⁤ price movements ‍to determine ⁢when the market ⁢is likely⁤ to move in either direction. This ⁢will⁢ help ‍traders to identify opportunities to enter and exit trades at points when the ⁢market is less likely ​to move⁤ sharply and cause⁤ unexpected slippage. Additionally, traders can use​ automated trading platforms to more‌ precisely​ manage their orders and​ trades. Such platforms can be programmed to​ place orders ‍at‍ predetermined price levels and⁢ stop losses⁤ at ⁣predetermined‌ levels. This will reduce the risk ⁤of losses due to slippage.