

Do not invest more money than you can afford to lose.
Online forex broker FxPro said on Thursday the rate of orders with positive slippage fell to 36.23% in the third quarter of 2016, posting so far the lowest rate in 2016. The figure represents a drop of 13.22 percentage points from the previous quarter and 7.17 percentage points from the same period in 2015.
Despite the drop, orders with positive slippage made up the highest stake. Trades executed with a negative slippage accounted for 27.81% of the total and those with at par slippage, meaning there was no difference between the buy and asked price, equaled 35.96% of all.
A total of 4.26% of all orders processed by FxPro the past quarter were re-quoted, slightly up from 4.17% in the previous three months. The share of trades with negative and positive re-quotes stayed relatively unchanged over the quarter.
Higher positive slippage means better pricing. The market could be quite dynamic and a broker may not always be able to execute an order instantly at the asked price. In such case, an order is either executed at the first available price (slippage), or rejected and the new price is returned to the trader for confirmation (requote).
Following are FxPro’s order execution statistics for the three quarters of 2016:
Slippage | Requote | |||||
Positive | Negative | At Quote | Requotes (total) | Positive | Negative | |
Q1 2016 | 46.93% | 21.26% | 31.81% | 5.01% | 2.23% | 2.78% |
Q2 2016 | 49.45% | 20.40% | 30.15% | 4.17% | 1.90% | 2.27% |
Q3 2016 | 36.23% | 35.96% | 27.81% | 4.26% | 1.99% | 2.27% |
The broker offers both instant and market execution orders after during the quarter it launched a new type of trading account with market order execution for users of the MetaTrader 4 (MT4) platform.
FxPro is the collective brand name of companies registered and regulated in Cyprus by the Cyprus Securities and Exchange Commission (CySEC) and in the UK by the Financial Conduct Authority (FCA). It offers complete services for all segments of the retail forex market, as well as trading with futures, indices, metals, shares, and contracts for difference (CFDs).
The broker offers trading via the platforms FxPro SuperTrader, MT4, MetaTrader 5 (MT5) and cTrader.
Tim
FxPro is one of the leading companies on the forex market. They are licensed in UK, Cyprus and South Africa, that’s why I started to work with them. The company confirms its high class in every detail: customer support, platforms, trading tools and trading conditions
William
I used FxPro for couple of years, everything was good. I satisfied with the conditions (spreads and execution) they provide. Very nice customer support.