Hey,
There are brokers (like IG Market) that offer guaranteed SL. So if you set a SL and slippage happens, there is no additional loss due to the slippage.
But what happens if the spread widens during the news and the ASK price for example passes through the SL. Is this case also handled like the above?
I am a swing trader so I stay also during the news in the market. So I have to deal with slippage during the news. I am durrently using FXPro with fixed spreads to avoid getting stopped out by spread widening. Guaranteed SL would help to avoid more loss due to spread widening by accepting the SL price.
Second question: Does anybody know a broker with fixed spread AND guaranteed SL?
Thanks a lot.
There are brokers (like IG Market) that offer guaranteed SL. So if you set a SL and slippage happens, there is no additional loss due to the slippage.
But what happens if the spread widens during the news and the ASK price for example passes through the SL. Is this case also handled like the above?
I am a swing trader so I stay also during the news in the market. So I have to deal with slippage during the news. I am durrently using FXPro with fixed spreads to avoid getting stopped out by spread widening. Guaranteed SL would help to avoid more loss due to spread widening by accepting the SL price.
Second question: Does anybody know a broker with fixed spread AND guaranteed SL?
Thanks a lot.