Slippage on stop orders

PanagiotisCharalampous
17 Jul 2024, 05:31

Hi there,

Slippage is related to the broker's liquidity and not with the platform. Also orders are executed by the server, so the client application is not relevant.

Best regards,

Panagiotis

PanagiotisCharalampous
17 Jul 2024, 05:31

Hi there,

Slippage is related to the broker's liquidity and not with the platform. Also orders are executed by the server, so the client application is not relevant.

Best regards,

Panagiotis

neshtrader
17 Jul 2024, 08:16 ( Updated at: 17 Jul 2024, 10:54 )

RE: Slippage on stop orders

PanagiotisCharalampous said: 

Hi there,

Slippage is related to the broker's liquidity and not with the platform. Also orders are executed by the server, so the client application is not relevant.

Best regards,

Panagiotis

Hi there, i have just informed my broker they have said they will look into it, i will come back with their reply. Does this mean your platform doesn't have slippages for stop orders? unless there is abnormal market conditions like volatile news, bank holidays etc?

PanagiotisCharalampous
18 Jul 2024, 05:58

RE: RE: Slippage on stop orders

neshtrader said: 

PanagiotisCharalampous said: 

Hi there,

Slippage is related to the broker's liquidity and not with the platform. Also orders are executed by the server, so the client application is not relevant.

Best regards,

Panagiotis

Hi there, i have just informed my broker they have said they will look into it, i will come back with their reply. Does this mean your platform doesn't have slippages for stop orders? unless there is abnormal market conditions like volatile news, bank holidays etc?

Hi there,

Stop orders are just marker orders triggered at a certain price. So by definition there will be slippage if there is no enough liquidity. It has nothing to do with the platform.

Best regards,

Panagiotis

neshtrader
18 Jul 2024, 08:00

RE: RE: RE: Slippage on stop orders

PanagiotisCharalampous said: 

neshtrader said: 

PanagiotisCharalampous said: 

Hi there,

Slippage is related to the broker's liquidity and not with the platform. Also orders are executed by the server, so the client application is not relevant.

Best regards,

Panagiotis

Hi there, i have just informed my broker they have said they will look into it, i will come back with their reply. Does this mean your platform doesn't have slippages for stop orders? unless there is abnormal market conditions like volatile news, bank holidays etc?

Hi there,

Stop orders are just marker orders triggered at a certain price. So by definition there will be slippage if there is no enough liquidity. It has nothing to do with the platform.

Best regards,

Panagiotis

Hi,

This is well noted, then there is a huge difference between you guys and MT, stop orders on MT are executed without slippage unless there is abnormal volatility. I was comparing both Ctrader and MT stop orders taking the same trades at the same price levels unfortunately slippage was more on Ctrader, my broker is still reviewing the issue. 

Regards,

Nesh

ncel01
18 Jul 2024, 08:09 ( Updated at: 18 Jul 2024, 18:55 )

Hi Nesh,

Limit orders are expected to be filled at the submitted price or better, resulting in (virtually) no slippage, which is not exactly the case for stop orders.

You made a comparison with MT. I'd like to share the following (considered for me a lot relevant) when it comes to pending orders:

Unlike cTrader, MT does not allow traders to place these when the market is closed, which seems to me very odd/archaic in 2024 🙂

PanagiotisCharalampous
18 Jul 2024, 08:56

RE: RE: RE: RE: Slippage on stop orders

neshtrader said: 

PanagiotisCharalampous said: 

neshtrader said: 

PanagiotisCharalampous said: 

Hi there,

Slippage is related to the broker's liquidity and not with the platform. Also orders are executed by the server, so the client application is not relevant.

Best regards,

Panagiotis

Hi there, i have just informed my broker they have said they will look into it, i will come back with their reply. Does this mean your platform doesn't have slippages for stop orders? unless there is abnormal market conditions like volatile news, bank holidays etc?

Hi there,

Stop orders are just marker orders triggered at a certain price. So by definition there will be slippage if there is no enough liquidity. It has nothing to do with the platform.

Best regards,

Panagiotis

Hi,

This is well noted, then there is a huge difference between you guys and MT, stop orders on MT are executed without slippage unless there is abnormal volatility. I was comparing both Ctrader and MT stop orders taking the same trades at the same price levels unfortunately slippage was more on Ctrader, my broker is still reviewing the issue. 

Regards,

Nesh

 

No that is not how it works. Stop orders are market orders and slippage is possible. If you never get a slippage on market orders, then this probably means you are b-booked and order never actually gets to the market. 

neshtrader
18 Jul 2024, 10:58

RE: RE: RE: RE: RE: Slippage on stop orders

PanagiotisCharalampous said: 

neshtrader said: 

PanagiotisCharalampous said: 

neshtrader said: 

PanagiotisCharalampous said: 

Hi there,

Slippage is related to the broker's liquidity and not with the platform. Also orders are executed by the server, so the client application is not relevant.

Best regards,

Panagiotis

Hi there, i have just informed my broker they have said they will look into it, i will come back with their reply. Does this mean your platform doesn't have slippages for stop orders? unless there is abnormal market conditions like volatile news, bank holidays etc?

Hi there,

Stop orders are just marker orders triggered at a certain price. So by definition there will be slippage if there is no enough liquidity. It has nothing to do with the platform.

Best regards,

Panagiotis

Hi,

This is well noted, then there is a huge difference between you guys and MT, stop orders on MT are executed without slippage unless there is abnormal volatility. I was comparing both Ctrader and MT stop orders taking the same trades at the same price levels unfortunately slippage was more on Ctrader, my broker is still reviewing the issue. 

Regards,

Nesh

 

No that is not how it works. Stop orders are market orders and slippage is possible. If you never get a slippage on market orders, then this probably means you are b-booked and order never actually gets to the market. 

Thanks all, this info is much appreciated.

Regards,

Nesh