Why was my stop loss triggered at the wrong price?

Stop loss execution at a different price than set is called slippage. It can occur in specific market conditions.

Causes:

• Gap: If the market opens or jumps past your stop loss level (e.g., overnight gap, news release), the trade closes at the next available price, which may be worse than your stop.
• Low liquidity: During off-hours or volatile events, fills may occur at the nearest available price.
• Spread widening: During major news events, the spread widens, which can cause your stop to be triggered earlier than expected.

What is NOT slippage:

• If the candle wick touched your stop loss level briefly, your stop was triggered at the correct price.

Note: Zuperior does not guarantee stop loss execution at exactly the set price in volatile market conditions. Check the trading account agreement for the slippage policy.