Compare Brokers With Low Slippage

Looking for brokers with low slippage? We have compared 22 broker accounts (out of 147) that are suitable for you below.

We found 22 broker accounts (out of 147) that are suitable for Low Slippage.

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ThinkMarkets

Spreads From

EURUSD 0.1 pips See all spreads

What can you trade?

  • Forex
  • Cryptocurrencies
  • Indices
  • Commodities
  • Stocks
  • ETFs

About ThinkMarkets

  • Regulated by: Financial Conduct Authority and ASIC.
  • Established in 2010 HQ in Australia.

Platforms

  • MT4
  • MT5
  • Web Trader
  • Mobile App

Funding Methods

  • Credit cards
  • PayPal
  • Bank transfer

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Losses can exceed deposits

Read our in-depth ThinkMarkets review

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

The Ultimate Guide to

What is Slippage?

Slippage is the difference between the price a trader places their trade at and the price at which the trade is executed. This can either be to the trader’s advantage (positive slippage) or disadvantage (negative slippage).

Slippage can occur both when a trader enters a market or exits the market. When a market order is placed via a no dealing desk broker, the trader is provided with a bid/ask price on their trading platform and uses this to place the trade. If, however, this price is not available for their order at the time it is executed, it will be filled at the next available price in the market; or part of the trade may be filled at their requested price, but the remainder filled at the next best available price.

Slippage can be a symptom of high market volatility, which can occur immediately after a news opening, for example; or low market liquidity, which can occur when trading currency pairs that are rarely traded. Execution speeds play a major role in slippage. Any delays between the initiation of the order and the execution of the order can result in a price change. Delays can be caused by the trader using a poor internet connection or by placing the trade through a broker that does not offer the most advanced technology, affecting the speed at which they are capable of executing orders.

A trader will want to maximise positive slippage and reduce or avoid negative slippage where possible.

Minimising Negative Slippage

Slippage can be avoided by using brokers who offer instant execution rather than market execution. This is because the trade is guaranteed to be executed at a specific price. The issue here, however, is that if the price that the trader requests becomes unavailable due to the time lag between the placement of the order and its execution, a requote from the broker will be necessary, causing further delays. Successive requotes, particularly during fast-moving markets, can mean that a good trading opportunity is lost; whereas a market execution order would have been filled at the next best available price.

One way of controlling the price at which the order is executed is to set a market range. This will allow a trader to limit slippage as the order will cancel rather than be filled at a price that has slipped outside of their specified range. Where a trader authorises partial fills, only part of the order will cancel if the remainder can be filled at a price within the trader’s market range.

Another way to mitigate the risk of negative slippage is to use a broker with proven low slippage rates. Brokers using advanced technology who can offer fast execution speeds are preferable for traders wanting to reduce the impact of slippage on their trades. ECN (Electronic Communication Network) / STP (Straight Through Processing) brokers offer automatic rather than manual execution, which means trades can be processed at very high speeds.

Avoiding trading in highly volatile markets is another way to reduce slippage, however this will also limit the trader’s opportunity to benefit from positive slippage when the market moves in their favour.

Maximising Positive Slippage

If a broker offers price improvements, this means that when an order is to be filled at the best available price in the market, if a better price becomes available at the time the order executes, this will be the price that the trader receives.

When limit orders and limit entry orders are used by a trader, this means that the trade can only be affected by positive slippage as the requested price or a better price is guaranteed.

Finding a Low Slippage Broker

Choosing a no dealing desk, ECN / STP broker, with up-to-date systems and fast execution speeds, is the best way to reduce the impact of slippage on an order.

Brokers with fast execution speeds such as XM publically state on their website regarding the execution policy and speed.


xm-execution-policy

It is also beneficial to look for a broker that offers price improvements as this means that the trader can receive positive slippage on their order if the price rises sharply past a set limit. Brokers such as FXCM offer clients positive slippage.

Using a regulated broker is always recommended, as it will mean that the broker is working to standards that assure a client’s interests are protected.

Why Choose ThinkMarkets
For Low Slippage?

ThinkMarkets scored best in our review of the top brokers for low slippage, which takes into account 120+ factors across eight categories. Here are some areas where ThinkMarkets scored highly in:

  • 8+ years in business
  • Offers 50+ instruments
  • A range of platform inc. MT4, Mac, Web Trader, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 0.10pips
  • Used by 0+ traders.
  • Offers demo account
  • 2 languages

ThinkMarkets offers two ways to tradeForex, CFDs. If you wanted to trade EURUSD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

ThinkMarkets have a B trust score, which is good. This is largely down to them being regulated by Financial Conduct Authority and ASIC, segregating client funds, being segregating client funds, being established for over 8

Trust Score comparison

ThinkMarkets
Trust Score B
Established in 2010
Regulated by Financial Conduct Authority and ASIC
Uses tier 1 banks
Company Type Private
Segregates client funds

A Comparison of ThinkMarkets


Want to see how ThinkMarkets? We’ve compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
ThinkMarkets
Fixed Spreads
Variable Spreads
EUR/USD Spread 0.10
GBP/USD Spread 1.2
USD/CAD Spread 0.9
USD/JPY Spread 0.10
DAX Spread
FTSE 100 Spread N/A
S&P500 Spread

Comparison of account & trading features

ThinkMarkets
Platform MT4, Mac, Web Trader, Tablet & Mobile apps
Services Forex, CFDs
Base currency options USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, CNH
Funding options Payoneer, Credit cards, Bank transfer, Neteller, BPAY, UnionPay, FasaPay, DebitCard,
Micro account
ECN account

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.