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Resolved
FXCM slippage widened and it is useless to set stop loss, resulting in liquidation
Mediating Parties
FXCM FXCM
Issue

Others

Requirement

compensation

Settlement Amount

$12,700(USD)

Time

207day9hour

Mediation Status
Solved after user's confirmation
FX6709144505
Supplemental Materials
FX6709144505
I can't accept what he said. I set stop loss, but didn't close position. A heavy slippage resulted in the liquidation.

Supplemental Materials

Reply
FXCM
Thank you for the information. We have already contacted you about that odds prefer a slippage caused by the price gap in market when key data is released. This is a common market risk. You're advised to control your positions under risk management. Please feel free to reach out to us, if you have any questions. Your support to FXCM is greatly appreciated.

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FX6709144505
2022.11.10. FXCM’s 106863579 order set a two-pips stop loss at that time, and the slippage of the transaction order expanded, which led to liquidation. No answer from FXCM email.

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