Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Why was my position closed?

If a market trades over your limit level then you will be closed at the best available price at the time. This price will always be at your limit price or better, and is referred to as ‘positive slippage.’

Your stop-loss triggering acts as a request for us to go to market, and close the trade at the best available price. This stop-loss market order can be filled at a price worse than the level you selected - in other words, you'll experience negative slippage.

Related questions

Join IG Academy

Become a better trader with our interactive online courses and expert-led webinars.

Trade forex with IG

Benefit from cutting-edge platforms, intuitive apps and expert service – IG Group has a 45-year heritage.