What is the rough spread+slippage of a normal broker?

Discussion in 'Forex Trading' started by penguin-police, Jun 15, 2009.

  1. I'm planning to get into forex and have been doing some backtracking and calculations.

    I see that the current spreads for GBPUSD and EURUSD are 3pips and 2pips, respectively.

    What is a good a rough average of the slippage that occurs? How wildly does slippage and spread fluctuate depending on the market situation? What's the worst case scenario? Is there a data table out there that lists average slippage and spread fluctuation by week or month?

    Give me answers in numbers if you can please. Thanks.