If so, I should use the maximum spread to prevent expensive trades. Enter the characters you see below. Or, if he has enough dollars in the teest, he may be able to purchase GBP but end up paying more than he would have liked. Forex Precog, SuitePrivate Bag X, Northway,KZN, SA. This price change that results in a different transaction price than what the trader saw on his screen when he placed the order is called slippage.

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What is spread and slippage in Forex (subtitled)

Trade Forex on thinkorswim. No Hidden Fees or Trade Mins!. Video embedded  · In forex, slippage occurs when an order is executed, often without a limit order, or a stop loss occurs at a less favorable rate than originally set in the order. Free 2-Day Shipping w/ Amazon Prime! Low Prices on Millions of Books.