Tighter spreads with fractional pip pricing |
On all forex trading and CFD trading instruments, Exto Capital trading platform offers fractional pips or decimalized pricing. Currency prices are quoted in tenths of a pip providing more precise prices and lower spreads. You can take advantage of the smallest price movements and with tighter spreads transactions costs are kept at minimum.
The digit representing a 10th of a pip appears in small subscript (red circle).
Pip value or tick movement with fractional pips:
A one pip movement in GBP/USD from 1.4520 to 1.4521 is valued at $10 for a standard lot (100,000) or $1 for a mini lot (10,000). With fractional pips, a tick movement from 1.45215 to 1.45216 is valued at $1 for a standard lot or $0.01 for a mini lot.
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