Fast and reliable execution
Fast moving 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.
Why use Slippage Policy?
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.