Tighter spreads with fractional pip pricing
On all forex trading instruments and precious metals, 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.