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IC Markets Slippage Grey Hairs

Anyone experienced anymore slippage? I just opened an account but hasn't fund yet..

Are you all having the discounted $5.50 commission rate too?
{quote} Then you are ready to move onto the bigger leagues then LOL The next level of brokers for you is LMAX, LCG and Baxter-FX then. I haven't traded with any of them because their min. startup balance is way too much for me but Interactive Brokers does have one of the smallest slippages. Good luck!
So wait ... you've never traded with any of these brokers but you're saying they are the best and recommending them to everyone?

Of course ECN's with low minimums/micro lots bundle small orders together before sending them to LP - this doesn't mean they are a market maker - your order is still getting sent to an LP. Slippage is due to being an ECN broker ... not because they are not. Having said that I barely ever got positive slippage at IC which is why I 'made the switch'.
Slippage is nothing new with these brokers like IC Markets or any of those small deposits-huge leverage brokers because they are NOT real ECN brokers. They claim they are STP, DMA, agency-model, ECN or any of those terms but in reality they are still MM brokers in disguise. They stand in between you and the "liquidity providers" and don't really send your orders directly to the "liquidity providers" to be executed. I don't know exactly how they operate but I suspect that when you put in an order, you are actually trading on some sort of internal...
To be honest, your post is very likely to be the best one in this forum. Or even the whole internet. But you said that real ECN brokers require large deposits and I agree very much with that, but may I ask, what do you think of Pepperstone?
Heard Icmarkets changed its accounts execution type, anyone?
I am trading with IC Markets, and haven't get any issue about this.
Happy Trading
Very bad Broker.

Numerous times small slippage.

Had huge slippage ( 20 pips ) yesterday. Like this some months back huge slippage too.

I am moving out of this nasty so called ECN broker.
Intraday only.
Very bad Broker. Numerous times small slippage. Had huge slippage ( 20 pips ) yesterday. Like this some months back huge slippage too. I am moving out of this nasty so called ECN broker.
I was talking to IC Markets they mentioned that cTrader offers a slippage control ? Anyone use cTrader to manage slippage ?

What was your ping to there server out if curiosity mine is 250ish
{quote} I was talking to IC Markets they mentioned that cTrader offers a slippage control ? Anyone use cTrader to manage slippage ? What was your ping to there server out if curiosity mine is 250ish
Ctrader as a stop limit order that allows trader to control slippage.
Try google stop limit, stop, limit order. You will understand adavantages of these orders
This is not investment/trading advise. Will not hold accountable for loss
Hello Pipcruiser,

Well i read you had Grey Hairs from icm slippage well i have it even worse i don't even have hairs at all because of it.
Got totally crazy from it; often slippage when i OPEN a trade AND when i CLOSE a trade at ICM so it counts double.
This resulted in a difference in result in Double digits in % of my result the first 6 months this year.
I compare it with Pepper and looking now for a broker to replace ICM since i like to spread between 2 or 3 brokers just
in case something like feb 2015 happens again.
ICM is a real pain when there is little liquidity then 2 or 3 full point slippage is very common.

Anyway i tried to send you a private message since i was wondering if you have found a good broker with less slippage.

thank you for your answer and happy trading!
The price there is to pay for the seemingly tight spreads that these brokers fake ("zero"), is that the volume at the best bid/ask is minuscule. These brokers usually do not provide real limit orders (meaning your order cannot be executed beyond your limit) but only so called "market if touched"-orders (MIT), meaning that, as soon as your MIT order is activated (limit touched) it becomes a market order and can be subject to slippage; basically any amount that you want to trade will result in slippage.
If you do not want to experience slippage, use a broker that provides real limit orders. Some of these have been already mentioned (LMAX, Dukascopy with their JForex platform).
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IC Markets live servers are down for the past several minutes. I was just about to close BTCUSD trades on the weekend when the servers all just went completely down. I can抰 imagine what the account will look like once the live servers are back online but this is not what I was expecting from IC Markets. I抦 not sure I can trust IC Markets after this.