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Slippage Policy at Icon FX

Slippage is the disparity between the anticipated and actual trade execution prices, typically due to market fluctuations or liquidity constraints

Causes of Slippage

Volatile markets can suffer from slippage and it can have a positive or a negative effect on your account. Slippage occurs when an order is placed for a particular price, but before it can be filled, the market moves and that price is no longer available.

Market Volatility

Rapid price movements during high volatility periods can cause orders to be executed at prices different from the intended ones

Weekend Slippage

Slippage is a prevalent occurrence during weekend market closures, it may result in differences between the expected trade execution price and the actual price once markets reopen for trading

Major News Events

Slippage tends to intensify during periods of heightened market volatility, particularly when major news events prompt sudden price fluctuations

What Can You Expect?

Fast and Reliable Execution at Icon FX

Slippage Handling at Icon FX

Icon FX is 100% committed to the proper and fair treatment of all its traders. With this in mind, Icon FX would slip its clients to a better price, if the interbank market from which Icon FX obtains its prices had moved in the client’s favour, and similarly a worse price if the market had moved against them.

These adjustments correspond to the slippage encountered, reflecting the best aggregated prices sourced from our network of banks and liquidity providers.

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This website is operated jointly by Icon Tech LLC and MYFX GROUP LIMITED.
Here at Icon FX we want to expand our positive influence beyond the financial sector. That’s why when you trade with Icon FX we commit a portion of our revenue to supporting world-leading projects like Ocean-Bound Plastic Clean-up and Mangrove Tree Planting. See more info here https://verdn.com/
Risk Warning: Trading Contracts for Difference (CFDs) on margin carries significant risks and may not be suitable for all investors. CFDs are complex instruments and involve leverage, which can work both to your advantage and disadvantage. Before trading, you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment, so you should not invest money that you cannot afford to lose.
Be aware of all the risks associated with CFD trading and seek advice from an independent financial advisor if you have any doubts. A demo account allows you to practice trading strategies in a simulated environment without financial risk. Please note, however, that results achieved on a demo account are hypothetical and do not reflect actual market conditions or execution.

A Disclosure Document is available here, along with information about our services, including fees and charges.
Legal Information: Icon Tech LLC, which operates under the tradename ‘’IconFX’’, is a limited company registered under the laws of St. Vincent and the Grenadines, with registration number 3251 and its registered address at James Street, First St. Vincent Bank Building, 1st Floor, Kingston, Saint Vincent and the Grenadines, VC01000.
MYFX GROUP LIMITED, which also operates under the tradename “IconFX,” is a company incorporated in Seychelles under incorporation number 8435863-1, with its registered office at IMAD Complex, Office 12, 3rd Floor, Ile Du Port, Mahé, Seychelles. The company is authorized and regulated by the Financial Services Authority of Seychelles under License Number SD202.
Icon Tech LLC has awarded MYFX GROUP LIMITED the rights to use and operate this website https://iconfx.com/ which is jointly operated by Icon Tech LLC and MYFX Group Limited. MYFX GROUP LIMITED also operates under the domain www.myfxmarkets.com.

Restricted Jurisdictions : Client onboarding will be carried out in line with the business focus and regulatory framework of each company. The above entities do not provide services to residents or citizens of certain jurisdictions, including, but not limited to: the United States, Australia, Canada, Japan, the European Union, the Islamic Republic of Iran, North Korea, Belize, and Russia.

Additional restrictions may apply to persons located in or associated with: 
Albania, Barbados, Burkina Faso, Cambodia, Cayman Islands, Haiti, Jamaica, Malta, Mauritius, Myanmar, Nicaragua, Panama, Senegal, South Sudan, Syria, Yemen, and Zimbabwe.