"From what you're saying, the ultimate risk is account closure."
NO find8 , The risk is u have to sell your house and give the proceeds of the sale to your forex broker .I don't like using the term broker when referring to forex providers as they are more often than not market makers and they often don't broker a deal from one individual to another as most live to just to cream their clients .
The only way , except IG , to get guaranteed stops is by using futures on currency . The first in line with their orders gets filled first . With cfd's and forex your orders are filled at their discretion and more often than not at the bottom of the bar .lol
Not many forex dealers offer positive slippage and in my experience it is always in their favour .
It would appear from my research and trading , Aussie forex providers are some of the worst in the world .
Pepperstone , Axitrader , gomarkets etc are plain hated . https://www.100forexbrokers.com/reviews-ratings
cheers g
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