Check List How To Avoid Slippage

✅ Monitor the hardware. You will need high-speed Internet, a gadget that works optimally with the terminal and the absence of interruptions with electricity

✅ Study the MetaTrader4 terminal. Learn the function of "using the maximum deviation from the requested price", which will significantly reduce the likelihood of slippage

✅ Use limit pending orders. Limit orders reserve for us a certain part of the liquidity, which will reduce the use

✅ Trade at high timeframes. If you trade on daily charts, then a slip of 1-5 points won't make a negatively affect on the outcome of the trade

✅ Select a competent broker. Some unscrupulous companies can deliberately force the slippage in order to get additional profit from traders, so choose a broker with the mind. Although, if you read this text, then you have already done it. 

Slippage: the main reasons 

❌ Liquidity - insufficient liquidity to please the needs of traders. As a rule, the slippage occurs when the order size is greater than the amount of available liquidity at the price set by the trader. Then the order will be shared and sent to different liquidity providers. Trader, however, will receive a weighted average price, which can be as worse or more advantageous as given. In this case, the order slips in part.

❌ Technical reasons - almost all Forex processes are tied to be as much technological as it possible, therefore technical problems can appear both in the form of network delays between the trading terminal and the server part of the terminal, broker and liquidity providers, as well as slow Internet and an outdated computer.

❌ Volatility - the high rate of price changes directly affects the availability of slippage. Volatility depends on a variety of parameters: from the state of the state economy to the activity of traders in the market.

It is important to understand that slippage is a pervasive phenomenon in the Forex market and is not a weighty reason for stopping or suspending work, and, under certain conditions, it can play into your hands, providing additional profit. 

How to Choose a Forex Broker?

TopAsiaFx.com helps you compare and choose your preferred Forex Broker. We suggest keeping the following checklist in mind when making your decision:

• Is the Forex Broker regulated?
• Account Details: Ideally, your broker should offer either a selection of account types or some element of customizability. Competitive spreads and easy deposits/withdrawals are good indicators too.
• Number of Currency Pairs offered: The variety of currency pairs on offer, as well as the quantity, should be considered (the more of both, the better).
• Availability of Customer Service.
• Quality of the Trading Platform: look for a platform that is easy to use, straightforward and offers a collection of technical and analytical tools to enhance your trading experience.

Rank	Broker Name	Special Offer	Minimum Deposit	Spread	User Score	Maximum Leverage	Regulation	Start Trading
1	NordFX	55% Deposit Bonus	$10	0.0 Pips	96	1:1000	VFSC	Open Account
2	SGT Markets	Refer a friend $10	$500	0.0	95	1:400	IFSC	Open Account
3	OctaFX	50% Deposit Bonus	$100	0.4	94	1:500	IBC	Open Account
4	Exness	No	$1	0.1	93	1:2000	FCA,CySEC,IBC	Open Account
5	IC Markets	No	$200	0.0	92	1:500	ASIC	Open Account
6	Tickmill	$30 Welcome  Account	$100	0.0	91	1:500	FSA,FCA	Open Account
7	Axiory	$50 Deposit Bonus	$200	0.0	90	1:400	IFSC	Open Account
8	Justforex	100% Deposit Bonus	$1	0.0	89	1:3000	IFSC	Open Account
9	ThinkMarkets	No	$250	0.4	88	1:400	ASIC,FCA	Open Account
10	XM	$30 Welcome Account	$5	0.0	87	1:888	ASIC,FCA,IFSC	Open Account
11	FBS	$50 Welcome Account	$1	0.0	86	1:3000	IFSC	Open Account
12	HotForex	No	$5	0.0	85	1:1000	INC	Open Account