When selecting a broker for FX and futures trading, one crucial aspect to consider is their order execution quality. This includes factors such as speed, reliability, and the ability to execute orders at the desired price without slippage. You can learn more about it here: https://insights.primecodex.com/forex-brokers-order-execution-quality/
Execution quality can vary significantly, influenced by various factors such as timing, market liquidity, volatility, and whether you're A-booked or B-booked. Discovering the true quality often requires experimentation, collecting execution data, and subsequently calculating average values to gain a comprehensive understanding.
You're absolutely right. Broker execution quality can indeed vary based on multiple factors like market conditions, order types, and the broker's internal processes. It's essential for traders to actively monitor and assess execution performance by collecting data over time, analyzing average values, and adjusting their strategies accordingly. This hands-on approach helps traders make informed decisions and optimize their trading experience.