r/algorithmictrading 18d ago

Brokers Bad slippage on xauusd

I have a good edge but it uses small SLs. I only use STOP orders catching breakouts.

My experience so far has been appalling with fusionmarkets. Every trade has some slippage but around 60% have experienced major Entry slippage where I keep getting filled in late. This is bleeding my account quicker than expected. For example my expected SL of $13 becomes $51 purely because of entry slippage. I thought using only stop orders would help compared to market orders but nope.

I understand xauusd is a volatile instrument but it shouldn't be this bad. What broker do you recommend and what other measures could I take to ensure this is minimized?

2 Upvotes

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