Slippage can occur during moments of high market volatility, such as during major news releases or economic events, and when liquidity is low, like at the opening or closing of the market. It happens because the available prices in the market can change quickly within the time it takes for your order to be executed, leading to a difference between the expected price of a trade and the actual execution price. Slippage can also arise with large order sizes or in markets with less trading activity, where the depth of available orders is not sufficient to fill a trade at the anticipated price. At SFX Funded, we monitor these conditions closely to manage slippage, but it's important for traders to be aware of these factors when placing orders.