Best Low Slippage Forex Brokers of 2024

Written by BrokerNotes.co
Edited by Jeff Anberg
Fact-checked by Steven Hatzakis, Joey Shadeck

July 26, 2024

Slippage is a common term in forex trading that refers to the difference between the expected price of a trade and the actual price at which the trade is executed. This usually happens during periods of high volatility or when large orders are placed.

In our experience, understanding slippage is crucial for managing your trading strategy effectively. Imagine aiming for a specific price only to find your trade executed at a less favorable rate – that’s slippage at work. It’s a natural part of trading but can be minimized with the right broker and strategies. This guide delves into the nitty-gritty of slippage, why it matters, and how to choose a broker that keeps it to a minimum, ensuring your trades are executed as close to your intended price as possible.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Best Low Slippage Forex Brokers

Here are the best forex brokers for low slippage.

• IG
  - 9.9/10 Overall
• Interactive Brokers
  - 9.9/10 Overall
• Saxo - 9.7/10 Overall
• CMC Markets - 9.6/10 Overall
• FOREX.com
  - 9.4/10 Overall
• Charles Schwab - 9.3/10 Overall
• City Index - 9.3/10 Overall
• XTB - 9.1/10 Overall
• eToro - 8.8/10 Overall