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Slippage on stops (CFD)


Davor

Question

Hi

I would love to find out about potential slippage during triggering stops on CFDs. If my stop price level isn't present at the market during the sudden price move against my position, will the stop be executed at the next (worse) available price or will the stop order be ignored completely?
 
This is because I have set a market entry order at the level that wasn't executed at any price because the price 'jumped' over that level and continued up during the market opening.
Thanks
Davor
Edited by Davor
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54 minutes ago, Davor said:

Hi

I would love to find out about potential slippage during triggering stops on CFDs. If my stop price level isn't present at the market during the sudden price move against my position, will the stop be executed at the next (worse) available price or will the stop order be ignored completely?
 
This is because I have set a market entry order at the level that wasn't executed at any price because the price 'jumped' over that level and continued up during the market opening.
Thanks
Davor

Hi @Davor

Thanks for reaching out. 

The stop would be executed at the next available price. We would still need to check with the desk to see why your order was not executed. Please contact us by phone or live chat so we are able to assist https://www.ig.com/uk/contact-us

All the best, 

OfentseIG

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