ForexBrokersAZ.com

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.

easyMarkets

Standard MT4 Account
More »
easyMarkets

Premium MT4 Account
More »
easyMarkets

Islamic MT4 Account
More »
FXCC

ECN Standard
More »
FXCC

ECN Advanced
More »
LiteForex

ECN Account
More »
FxPro

MT4 Fixed
More »
FxPro

cTrader
More »
FxPro

MT4 Floating
More »
InstaForex

Standard Account
More »
InstaForex

Eurica Account
More »
FXOpen

STP (MT4) Account
More »
FXOpen

ECN (MT4) Account
More »
FXPRIMUS

Floating Spreads
More »
FXPRIMUS

ECN Premier
More »

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.

Related articles


Tell your friends about us:

Featured Brokers

#1 for Pros

1:400 leverage
$1 deposit
1.1 pips EURUSD

#1 Islamic

1:400 leverage
$100 deposit
4 pips EURUSD

#1 for Beginners

1:200 leverage
$100 deposit
3 pips EURUSD


About Us  Privacy Policy  Terms of Use  Directory  Forex Affiliate Programmes  RSS Feed  

Trading foreign exchange, contracts for differences or spread bets on margin carries a high level of risk and may not be suitable for all investors. You could sustain a loss of some or all of your funds if the markets move against you. For this reason, you should not invest more than you could afford to lose. ForexBrokersAZ.com does not accept deposits, advise on investments, deal in investments (as agent or principal) or arrange deals in investments. Information published on this website and in our external communications is factual and for information purposes only. It does not constitute financial advice under the Financial Services and Markets Act 2000.

Webmasters, Make Money with our Affiliate Program »