Friday, March 14, 2014

Limit Order will get negative slippage?

Is it true that limit order will get negative slippage?
Most broker they will guarantee your limit order.

Technically, when a limit order is placed on the MT4, when price reaches the limit order, it will trigger the bridge to execute (BUY/ SELL) immediately.
Therefore, it is still executed in the same manner as a market order in a real STP/ ECN environment.

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