Exness offers enhanced protection features, Price Gap and Volatility Protection, to avoid slippage and prevent the liquidation of client positions.
Forex and CFD broker headquartered in Cyprus, Exness, has introduced one of Exness Market's protection tools, Price Gap Protection, to avoid and limit the common area, well-known slippage. It has gained significant traction among customers, especially in volatile markets.
Slippage occurs when the trading price set by the customer is ultimately not met due to market fluctuations. Exness offers a Price Gap Protection tool to limit pending order slippage and is applied when the price of a pending order enters a price gap due to volatility or other factors.
In addition, the multi-asset broker also offers a Volatility Protection feature to prevent liquidating client positions from widening spreads which has historically been a risk management measure for protection.
This protection feature offers Exness clients leveraged trades with more profit than your initial deposit amount, and you will not lose anything. The broker will protect traders' trading positions from negative balances due to liquidity leverage and will continue to be the company's responsibility. Situations like this often arise when the client has their order open and alive, even though the price is below zero.
Exness Chief Customer Officer Damien Bunce commented, "We provide additional buffers that keep our clients afloat longer. This functionality allows liquidated traders to recover and make money when the market recovers in the client's favor."