Brokers News

FxPro’s orders executed with positive slippage continue to dominate in Q3

Oct 20 2016
By Stanimir Zhelev , ForexBrokerz.com Find me on Google+

Keeping in line with its commitment to transparency, major brokerage FxPro announced trades execution statistics for the third quarter of 2016 on Thursday. According to the data provided, orders executed with positive slippage for this period amounted to 36.23%. Although the figure represents a decrease both over the quarter (by 26.8%) and compared to the same period a year earlier (by 16.5%), positive slippage in FxPro’s execution continued to dominate in Q3 of 2016.

Period		Slippage			Re-Quotes
	Positive	Negative	At Quote	Total	Positive	Negative
Q3 2016	36.23%	27.81%	35.96%	4.3%	1.9%	2.8%
Q2 2016	49.5%	20.4%	30.2%	4.2%	1.9%	2.3%
Q1 2016	46.9%	21.3%	31.8%	5.0%	2.2%	2.8%
Q3 2015	43.4%	17.0%	39.6%	4.5%	2.8%	1.7%

Furthermore, during the July-September period FxPro’s orders executed with requotes slightly increased to 4.3% in Q3 2016, compared to the previous quarter. Positive requotes remained flattish QoQ, amounting to 1.9%, while negative ones increased to 2.8 percent.

Slippage is the difference between the price at which an order is placed, and the one at which it is filled. The higher the positive slippage, the better the pricing. It often occurs during highly volatile markets and brokers are not always able to execute an order promptly at the asked price. In this case, an order is either executed at the next best price (slippage), or rejected and returned to the trader for confirmation of the new price (requote).

In order to provide its clients with valuable information on its services FxPro has been publishing execution statistics for more than a year now. The brokerage is regulated by Cyprus’ Securities and Exchange Commission (CySEC) and UK’s Financial Conduct Authority (FCA). It offers complete services for all segments of the retail forex market, as well as trading in futures, indices, metals, shares, and CFDs on three trading platforms. The three trading platforms, supported by this broker – MetaTrader 4, MetaTrader 5 and cTrader - are regularly updated and enhanced. Earlier this month FxPro announced it ads partial stop-out policy on cTrader forex platform.

TAGS: fxpro fxpro slippage fxpro execution slippage execution

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FxPro UK turns a 1.48 mln profit in 2017 Jun 12 2018 13:27:04
FxPro becomes a sponsor of Formula 1 racing team McLaren May 25 2018 11:48:28
FxPro hikes margin requirements ahead of Japanese elections Oct 18 2017 08:25:06
FxPro gets Dubai license, to open office there media Oct 11 2017 10:25:02
FxPro also hikes margin requirements ahead of German elections Sep 21 2017 07:17:54

Broker	Advantages
	FXTM a regulated forex broker (regulated by CySEC, FCA and IFSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $5 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
	easyMarkets is a CySEC and ASIC regulated broker offering access to over 300 trading instruments, tight fixed spreads, no slippage and a 50% deposit bonus.

	XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
	FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
	FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
	FBS is a broker with cool marketing and promotions. It runs an ongoing monthly $999 forex contest, offers a $5 no-deposit bonus for anyone willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
	FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
	HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.

	Exness is a leading forex broker, offering MT4 and MT5 platforms. Traders can take advantage from a true ECN environment and trade on ultra tight spreads, starting from 0 pips.

Broker	Country	Regulation	Platform	Min Deposit	Review
	Cyprus, UK, Belize	CySec, FCA, IFSC	MT4, MT5, Web	$5	Review Website
	Cyprus, Australia	CySec, ASIC	MT4, Web, Mobile app	$100	Review Website
	Australia	ASIC	MT4, MT5, IRESSTrader	$100	Review Website
	UK, Cyprus, Australia	FCA, CySec, ASIC	MT4, MT5	$5	Review Website
	UK, Australia	FCA, ASIC	MT4, Trading Station, NinjaTrader	$50	Review Website
	UK, Cyprus, UAE, South Africa	FCA, CySEC, DFSA, FSB	MT4, MT5, FxPro Markets, cTrader	$100	Review Website
	Cyprus	CySEC	MT4, MT5, Web	$1	Review Website
	Belize	IFSC	MT4, MT5	$100	Review Website
	Cyprus, UK, South Africa, UAE	CySec, FCA, FSCA, DFSA	MT4, MT5, Web	$5	Review Website
	Cyprus	CySEC	MT4, Web	$25	Review Website
	Cyprus, UK	CySEC, FCA	MT4, MT5	$1	Review Website

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