Is this slippage normal? Armada Markets

Hi Everyone,

I have been autotrading an EA since October 23rd and am happy with the results.

However, I think my slippage is really bad (or maybe I am just new at this).

Here are the numbers:

There have been a total of 209 trades and the total slippage over those trades is MINUS 148 pips. That works out to an average of -0.7 pips per trade.

Of the 209 trades, only 30 had positive slippage (14%).

I am using Armada Markets.

Can someone tell me if this is normal or should I be screaming and complaining?

Thanks in advance

Hello custodiof,

average slippage of 0.7 pips is a bit high. However, keep in mind that slippage does not only depend on the broker. I would suggest that you ping the server of the broker. If the ping shows more than 500ms, you should reduce the physical distance between the terminal and the broker server. This can be done with a VPS. Once you manage it that the ping is low (50-200ms), slippage will decrease because your orders will be faster executed.

Best Regards, Alexander

Custodiof,

That is not how you calculate slippages. At news you could be slipped by 5 to 20pips and that is normal.

Hi,

Thanks for the input.

I should probably have added that my total profit is 367.9 pips and in that regard that is why I think the 148 pips slippage is a lot. It works out to 40% of my profit (or 29% if you want to do the math a different way...)

If you trade the news or during high volatility times then slippage is something that can happen and will happen. I'm actually suprised that they have given you so much positive slippage - very few brokers do that at all.