Slippage is an inherent part of financial markets. Whether you are trading Stocks, Futures, Commodities or Forex you will be subject to slippage. When you place a market order you are requesting your order to be filled at the currency market price however if the market has moved between the time you place your order and the time it has been filled your order may be filled at a different price. Slippage can increase when markets become volatile such as over new periods, you should keep this in mind when trading outside of normal market conditions.
Stop Loss orders when triggered enter the market as market orders, therefore their is no guarantee that your order will be filled at the price you place your stop loss.
RISK WARNING: Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss. It is possible to lose more than the initial capital invested. Therefore, Forex and CFDs may not be suitable for all investors. Only invest with money you can afford to lose. So please ensure that you fully understand the risks involved. Seek independent advice if necessary.
Woodside Capital Inc (WCI) was established in 2006 as Gold-4X Inc, with a vision: To provide unmatched online trading solutions to a broad range of traders and investors around the world. We are more than just a brokerage, WCI gives its clients the latest trading technology, flexibility and personal support with our cultivated team of industry professionals. This means 24 hour trade support and streamlined administrative procedures to ensure your needs are met with speed and accuracy.More »
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