Hi, I am new. I am using forex.com.
Last month when Non farm payroll data is released, my EUR/USD order get filled 50 pips away from my order price.
I understand when a event like non farm pay roll data releasing. there might be a lot of traders try to trade at that same moment.
But is 50 pips slipping normal?
If you’re using a platform like forex.com I guess so.
If you’re a novice I’ll advice you to use a company that does not use a dealing desk. My top 2 choice are
- FX Solutions
- Interbank FX
Take it from someone who has spent countless hours researching firms for 2 months. I wish I found this site earlier on, but I did not… Anyways won’t trade the knowledge I got for anything though.
Basically if you’re trading b/w $500 - $10,000, use the guys I mentioned above, and don’t be stupid, trade micro or mini lots.
Holla @ moi if you need more info sir or madame…