5 Decimal 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.
|Price before fractional pricing||Price after fractional pricing||1.2510 / 1.2513||1.2510 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).
|When the price is...||The spread is...||1.2510 / 1.2513||3 pips|
|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.
Trade 70+ currency pairs, spot indices, energies, metals and shares on fixed spreads with instant ... MoreTrade 70+ currency pairs, spot indices, energies, metals and shares on fixed spreads with instant execution. Spreads are fixed over certain time periods, but vary throughout the day. All EAs are allowed.
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Trade Forex as well as CFDs on cryptocurrencies, shares, indices and metals on floating spreads ... MoreTrade Forex as well as CFDs on cryptocurrencies, shares, indices and metals on floating spreads without commission. This account, designed for experienced traders, allows you to trade up to 60 lots per position.
Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and... MoreTrade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities. AvaTrade accepts all MetaTrader 4 EAs except those with a focus on arbitrage.
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