IQTrade

Slippage, it's terrible. I entered the fluctuating doge with a $20 fund, set the stop loss at $5 according to the platform. But when it was about to touch $5, I changed the stop loss to $7. And confirmed by the platform, strangely the candle reversed and went up. I noticed that the P/L was already profitable, but my position didn't move. I was surprised, why did the P/L move up but my position didn't? I opened a position and it was already in loss at $5. I went back to the chart and realized that it was already a loss. Okay, that's what happens when you're a scalper, always entering quickly. I changed the stop loss multiple times because the risk is high. If I want to reach the stop loss, I raise it higher. But when I entered the second time with $14 remaining, I set the stop loss at $5 according to the platform. Before the candle reached $5, I raised it again to $9. It reached the limit, so there was $5 left. But strangely, it was stopped out with 0.000 USD. It's terrible, I suggest not using this broker, seriously. I was interested in this app just because of the low spread.