Fees are visible, slippage is usually felt after the trade
Visible fees are easy to compare because they sit on the pricing page. Slippage is harder to notice because it shows up in worse fills, weaker exits, and more friction over time.
That is why many traders underweight slippage until they trade often enough to feel it directly.
- Fee tables are easy to read.
- Slippage often shows up after execution, not before.
- Active traders usually feel recurring slippage faster.