Hotforex slippages
That's when they denied me being able to take out my own money. They also told me to pay an additional fee to bring out my money. I was blocked out of my accounts and denied withdrawal even after i contacted them in various ways. Of course they never told me that up front. So when I heard that, then it was pretty obvious to me that they were running a scam. I was very sad and confused after investing a lot. Slippage can occur when prices either jump or fall from one price to another without trading at every increment in between.
This most commonly occurs during fundamental news events and other Political or Market announcements, such as the Consumer Price Index released by Statistics New Zealand Server Time on the 17th of April Note that the aforementioned information is available on the Economic Calendar - click here. The volatility in the market created trading conditions where orders were difficult to execute at the requested rate, since the price was many pips away from that price due to the extreme market movement.
Even though you were looking to execute at a specific price, the market moved significantly and the order was filled at the next best price. Therefore, limit or stop orders may also experience slippage depending on the market conditions.

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