What is slippage? How do I use slippage control?

Slippage refers to the difference between the expected price at order placement and the actual execution price, typically occurring during periods of high volatility or insufficient liquidity.

Slippage control is a tool MC Markets designed to protect users. You can set your maximum slippage tolerance on the right side of the trading panel. If the execution price exceeds your configured range, the order will be cancelled to avoid filling at an undesirable price.

System defaults: regular close operations use a maximum slippage of 8%, and Take Profit/Stop Loss (TP/SL) orders use a maximum slippage of 10%, subject to real-time display on the page and final system settlement.

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