How similar are the spreads and execution in a Practice Account compared to a Live Account?
The spreads in both the fixed and variable options should be identical in both Practice and Live Accounts. It is impossible, however, to make execution for both the Practice and Live Accounts identical. The reason for this is that a Practice Account assumes that all markets are 100% liquid at all times. This is not how the live market works. During volatile market periods, i.e. US Non-Farm Payrolls, etc., there are times when the interbank is illiquid. This means that if you’re trying to execute a trade at 1.3001, and there is no bank that is willing to deal at that price, you will receive the next best possible price. This is the true definition of slippage or re-quotes. FXPRIMUS differentiates itself from its competitors by offering superior liquidity, thus offering you the best opportunity to be executed at the price you are seeking. An FXPRIMUS client should expect instant execution of his or her order a majority of the time, but should also expect the occasional slippage or re-quo
