I have been reading a book on Forex trading by Anna Coulling called “Forex for beginners”.
Its a pretty good book, though I’m completely new to forex so can’t say how useful the advice will be for actual trading until I start doing it.
Anyhow, in the section on how to choose a broker (page 149 to be precise), it says that one of the advantages of an ECN broker is no slippage.
I always thought there was no guarantee against slippage so was surprised to read this.
Just wanted some other thoughts that could corroborate this (or not)?