Your Stop Loss (SL) or Take Profit (TP) may be executed at a slightly different price than expected due to slippage, which occurs when market prices move quickly or liquidity is limited. Other factors include:
High market volatility: Prices can jump past your SL or TP level during fast-moving markets, especially around news events.
Market gaps: Overnight or weekend price changes can cause your order to be filled at the next available price.
Low liquidity: Thin markets may not have enough buyers or sellers at your specified level.
Slippage is a normal part of live trading and reflects real market conditions rather than a platform error or additional fee. Using limit orders instead of market-triggered SL/TP can help control the execution price, though the order may not be filled if the market doesn’t reach your specified level.