Important Information

You are visiting the international Vantage Markets website, distinct from the website operated by Vantage Global Prime LLP
( www.vantagemarkets.co.uk ) which is regulated by the Financial Conduct Authority ("FCA").

This website is managed by Vantage Markets' international entities, and it's important to emphasise that they are not subject to regulation by the FCA in the UK. Therefore, you must understand that you will not have the FCA’s protection when investing through this website – for example:

  • You will not be guaranteed Negative Balance Protection
  • You will not be protected by FCA’s leverage restrictions
  • You will not have the right to settle disputes via the Financial Ombudsman Service (FOS)
  • You will not be protected by Financial Services Compensation Scheme (FSCS)
  • Any monies deposited will not be afforded the protection required under the FCA Client Assets Sourcebook. The level of protection for your funds will be determined by the regulations of the relevant local regulator.

If you would like to proceed and visit this website, you acknowledge and confirm the following:

  • 1.The website is owned by Vantage Markets' international entities and not by Vantage Global Prime LLP, which is regulated by the FCA.
  • 2.Vantage Global Limited, or any of the Vantage Markets international entities, are neither based in the UK nor licensed by the FCA.
  • 3.You are accessing the website at your own initiative and have not been solicited by Vantage Global Limited in any way.
  • 4.Investing through this website does not grant you the protections provided by the FCA.
  • 5.Should you choose to invest through this website or with any of the international Vantage Markets entities, you will be subject to the rules and regulations of the relevant international regulatory authorities, not the FCA.

Vantage wants to make it clear that we are duly licensed and authorised to offer the services and financial derivative products listed on our website. Individuals accessing this website and registering a trading account do so entirely of their own volition and without prior solicitation.

By confirming your decision to proceed with entering the website, you hereby affirm that this decision was solely initiated by you, and no solicitation has been made by any Vantage entity.

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By providing your email and proceeding to create an account on this website, you acknowledge that you will be opening an account with Vantage Global Limited, regulated by the Vanuatu Financial Services Commission (VFSC), and not the UK Financial Conduct Authority (FCA).

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Slippage

Slippage occurs when there is a disparity between a trade’s anticipated price and its actual execution price. This phenomenon is commonly observed during periods of high market volatility or when using market orders, especially if order size exceeds the available volume at the desired price. Since market prices can shift rapidly, slippage can occur within the time it takes to process an order.

Slippage is a recognised occurrence across various trading platforms, the specific circumstances can vary depending on the trading environment. 

Employing a limit order can mitigate the risk of undesirable slippage by setting a maximum or minimum execution price; however, this strategy risks the order not executing at all if market prices do not return to the set limit.

Importantly, slippage is neither inherently negative nor positive; it merely reflects any variance between the expected and actual prices. Depending on the market conditions and how the order is executed, this variance can result in outcomes that are better, worse, or equivalent to the anticipated price. Ultimately, the difference between the final and intended prices may lead to positive, negative, or no slippage at all.

Example of negative slippage:

Imagine the bid/ask prices for Tesla shares are displayed as $140.30/$140.35 on the trading platform. An investor decides to buy 50 shares at the market rate, aiming for the $140.35 ask price. But just as the order is about to be executed, rapid trading by automated systems shifts the bid/ask prices to $140.36/$140.41. As a result, the order is completed at $140.41 per share, leading to a negative slippage of $0.06 per share, which totals $3.00 for all 50 shares.

Example of positive slippage: 

Imagine a forex trader looking to buy EUR/USD, noting the current quote at 1.1050/1.1052. The trader then decides to enter a market order hoping to purchase at 1.1052. Just as the order is submitted, favourable market news leads to a rapid appreciation in the EUR against the USD, briefly pushing the ask price down to 1.1048 before stabilising. The market order, benefiting from this sudden dip, is executed at the lower ask price of 1.1048, resulting in positive slippage of 0.0004 per unit. For a trade of 10,000 units, this positive slippage saves the trader $4.00.

Start Trading with Vantage

Access markets including forex, commodities, indices, shares and more, at low cost.

Start Trading with Vantage

Access markets including forex, commodities, indices, shares/stocks and more, at low cost.

Start trading CFD stocks by opening a live account here, or practice trading with virtual currency with a demo account.

You can also sign up for our free, weekly webinars that will break down the current markets as well as discuss potential trade set ups for the week.

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