Slippage in Forex occurs when a trade is executed at a different price than expected, usually due to high volatility or low liquidity. This can happen when the market moves too quickly for the broker to fill an order at the desired price, resulting in a higher or lower execution price. Slippage can be both positive (better price than expected) or negative (worse price). It’s particularly common during major news events or when trading at market open/close times. Traders can manage slippage by using limit orders or choosing brokers with low slippage rates. #firstdealofthenewyearFateema