Whether you are currently trading at Pepperstone or considering it as a choice, the very best place you can start to learn more is our Pepperstone review. There you will find out all there is to know about this great broker.
One thing that you may find with Pepperstone, and any other broker, is slippage. This is an unavoidable issue with any broker.
Though Pepperstone slippage is extremely rare, especially on the pro account as you will see from our Pepperstone pro account review, here we will detail exactly how it occurs, how you can best avoid it, and the efforts the broker makes to ensure you have the best, slippage-free trading experience.
Let’s get started.
Is trading with Pepperstone slippage free?
Pepperstone is one of the best-recognized ECN brokers in the industry. What this helps to ensure is that you will have access to a wide range of assets with some of the deepest liquidity possible from a range of excellent Pepperstone liquidity providers.
While this provides a great trading environment with lightning-fast execution and the very best prices with no requotes, there is still some room for slippage to occur though instances are very rare and the broker does their best to make sure this does not happen.
The best way to deal with Pepperstone Slippage
The place where you are least likely to encounter any slippage is with the Pepperstone Razor account. This account type provides ECN execution with almost no instances of slippage and an extremely low starting spread from 0 pips with a $7 per lot round turn commission charged.
These conditions make this account ideal and a very popular choice among scalpers. You can also find out much more about this and other accounts by reading our guide on Pepperstone Account Types.
If you are already convinced then you can simply visit Pepperstone to open a Pepperstone Razor Account with no minimum deposit needed.
Pepperstone trading with no slippage
While the occurrence of slippage is very rare with Pepperstone, the only place you can be sure there is no slippage is on a Pepperstone demo account since it uses virtual funds to trade risk-free.
The demo account is a great place to practice for live trading and is available for 30-days. After this, you will have to open a new one or progress to a live account like the one mentioned above.
For more details, you can always check our guide on the Pepperstone demo account where you’ll also find a tutorial about how to open a demo account.
If you already know how to do it then you can simply go and visit the Pepperstone website and open one right away.
How to avoid slippage with Pepperstone
The only place there will be guaranteed no slippage is with the Pepperstone demo account. With live trading there is a chance, although rare, that it can happen. The best thing to do is acquaint yourself with the great educational content you will have access to when you open a Pepperstone account.
This will guide you on different situations so you know when slippage might be likely and gain an understanding of how to plan your trades to avoid some of the main factors that can cause slippage.
Pepperstone slippage FAQs
What is slippage in MT4?
Slippage is the difference in price between the time you place an order and the time a trade is executed. There are various reasons behind slippage. However, the most common reason why slippage occurs is due to high levels of volatility in the market.
When does slippage occur?
There are several times when slippage may occur. One is when a market does not have enough liquidity. There are two possible outcomes that could occur with your trade. The price will either change or your order will partially fill at available prices. There are also several other times when slippage may occur such as when markets are especially volatile.
How does slippage occur?
When your pending order triggers it will be sent to the market as a market execution order. The order might be filled at the next best available price if: This can occur if there is no price available at your level or the volume level at this price is low.
How can we stop slippage trading?
Slippage may more frequently occur when you are trading with market orders. One way to prevent this is to use a limit order instead. A limit order will only fill at the price you have designated and this will cut out slippage.