What is slippage in forex trading?

What is an ECN forex broker?

An ECN (Electronic Communication Network) forex broker routes client orders directly to a pool of liquidity providers without running a dealing desk. ECN brokers charge a commission per lot instead of marking up spreads, resulting in lower all-in costs and no conflict of interest with clients.

What is the spread in forex trading?

The spread is the difference between the bid price (sell) and the ask price (buy) of a currency pair. It is the broker primary cost on commission-free accounts. EUR/USD typically has a 0.6-1.0 pip spread on Standard accounts, falling to 0.0-0.2 pips on Raw/ECN accounts where commission applies separately.

Standard vs Raw Spread account — which should I choose?

Choose a Raw Spread account if you trade more than 5 standard lots per month or use automated strategies. Choose a Standard account if you trade occasionally or prefer a single all-inclusive cost number. Raw accounts cost less per trade above that volume threshold; Standard accounts are simpler below it.

Article: Slippage at News Events — A Broker-by-Broker Comparison Methodology

Slippage at high-volatility news releases is the single most important execution-quality differentiator across retail forex brokers. A repeatable methodology for measuring it produces materially different rankings than headline-spread comparison.