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5 Digit Forex Brokers

Compare Forex brokers with 5 decimal pricing. Get 5th point precision and smarter pricing with the following NDD/STP Forex brokers.

What is 5 decimal pricing?

With 5 decimal pricing, also known as 5 digit or fractional pricing, brokers quote Forex spreads in tenths of a pip. The additional digit representing a tenth of a pip appears to the right of the quote.

Example
Price before fractional pricingPrice after fractional pricing
1.2510 / 1.25131.2510 2 / 1.2512 5

How it can work for you

With fractional pricing, you'll get consistently tighter bid / ask spreads. For example, if you were you quoted a buy price of 1.2513, you could see 1.25125 instead (0.5 pips tighter). If you were quoted a sell price of 1.2510, you could now see 1.25102 instead (2 pips higher).

Before
When the price is...The spread is...
1.2510 / 1.25133 pips

After
When the price is...The spread is...
1.2510 2 / 1.2512 5 2.3 pips

Tighter spreads make it easier for you to turn a profit from liquid currency pairs with small pricing changes. They can also facilitate scalping strategies where you look to profit from small incremental movements in prices.

FXTM

Trade 45+ currency pairs, Spot Metals and Spot CFDs with market execution and no requotes. Scalping ... More

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JustForex

Trade 90+ instruments including metals on spreads from 0 pips and flexible leverage up to 1:3,000. ... More

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FP Markets

Trade over 50 pairs of currencies as well as CFDs on metals, indices and commodities through MT4 ... More

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Fortrade

Trade a wide range of asset classes on low fixed spreads all from Fortrade's MT4 platform: Forex, ... More

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Plus500

Trade online with an interest-free Islamic account. This account has no rollover charges (swap fees... More

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