We offer 3 ways to manage your Slippage:
Slippage control options can be set up on your Master or Slave accounts' Advanced Settings. Regardless of where you set it up, Master or Slave, Slippage control applies to your Slave account only. You can activate these options altogether at the same time; however, please remember that these settings will create parameters to qualify if an order should be processed or not. These parameters need to be respected in order for an order to go through, so creating too many parameters may lead to the majority of your orders not getting processed.
Control 1: Max Slippage (pips)
The Max Slippage (pips) value entered determines how close the slave's price needs to be to the master's entry price for a trade to be copied.
Control 2: Max Delay (in seconds)
The Max Delay (in seconds) limits the delay allowed to execute an order. If the delay on an order exceeds the Max Delay (in seconds) value, the order will be ignored/rejected.
Control is 3: Wait for Price Improvement (pips)
The Wait for Price Improvement (pips) delays the transmission of a new order to the Slave until it is in profit by the specified number of pips. The delay can lead to higher price differences between Master and Slave.