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.
HYCM (HYCM.com), formerly HY Markets, is an award winning online broker authorised and regulated by the FCA and CySEC. Trade over 100 instruments on fixed or variable spreads over MetaTrader 4.
- Currency pairs: 45
- Markets: Commodities, Forex, Gold and metals, Indices, Oil, Shares
- Platforms: MetaTrader 4, MetaTrader 5
- Regulators: CySEC, UK
- Incorporated: 1977
$100 | 1:30 | 1.8 pips | |
$100 | 1:30 | 1.4 pips | |
$200 | 1:30 | 0.2 pips | |
HotForex (HotForex.com) is an award winning Forex and commodity broker, providing trading services and platforms to both retail and institutional clients.
- Currency pairs: 47
- Markets: Commodities, Forex, Gold and metals, Indices, Oil, Shares
- Platforms: Copy trading, Currenex, MetaTrader 4, MetaTrader 5, Mirror trading
- Regulators: CySEC, France, Germany, Mauritius, South Africa, UK
- Incorporated: 2010
$5 | 1:1000 | 1.2 pips | |
$100 | 1:400 | 1.2 pips | |
$100 | 1:400 | 1.2 pips | |
Trade without restrictions with OctaFX (OctaFX.com), an international broker headquartered in St. Vincent & The Grenadines. Access CFDs on currency pairs, indices, precious metals and commodities on MetaTrader 4, MetaTrader 5 or cTrader.
- Currency pairs: 28
- Markets: Forex, Gold and metals, Indices, Oil
- Platforms: Copy trading, cTrader, MetaTrader 4, MetaTrader 5
- Regulators: Saint Vincent and the Grenadines
- Incorporated: 2011
$100 | 1:500 | 1.1 pips | |
$100 | 1:500 | 0.7 pips | |
$500 | 1:200 | 0.5 pips | |
FXPRIMUS (FXPrimus.com) is a regulated ECN broker with exposure to Forex and a wide range of asset classes. It prides itself in creating a safe and secure trading environment
- Currency pairs: 43
- Markets: Forex, Gold and metals, Indices, Oil, Shares
- Platforms: Copy trading, MetaTrader 4, Mirror trading
- Regulators: CySEC, South Africa, Vanuatu
- Incorporated: 2009
$100 | 1:30 | 1.6 pips | |
$500 | 1:30 | 0.3 pips | |
$100 | 1:30 | 0.3 pips | |
$500 | 1:1000 | 0.3 pips | |
- Currency pairs: NA
- Markets: Commodities, Forex, Gold and metals, Indices, Oil
- Platforms: MetaTrader 4, Mirror trading
- Regulators: None
- Incorporated: 2015
$20 | 1:300 | 0.8 pips | |
$500 | 1:300 | 0.8 pips | |
$500 | 1:300 | 0.2 pips | |
$20 | 1:500 | 1.4 pips | |
LiteForex (LiteForex.com) is an international Forex and CFD broker with a compelling product offering for beginners and experienced traders.
- Currency pairs: 56
- Markets: Forex, Gold and metals, Indices, Oil, Shares
- Platforms: Copy trading, MetaTrader 4, MetaTrader 5, Mirror trading
- Regulators: None
- Incorporated: 2005
$50 | 1:500 | 2.2 pips | |
$50 | 1:500 | 0.4 pips | |
Trade Forex, shares and precious metals on competitive spreads through ForexMart, an international ECN broker. ForexMart supports all trading styles, including scalping, through MetaTrader 4.
- Currency pairs: 60+
- Markets: Forex, Gold and metals, Shares
- Platforms: MetaTrader 4
- Regulators: Saint Vincent and the Grenadines
- Incorporated: 2015
$15 | 1:500 | 1.3 pips | |
$200 | 1:500 | 0.9 pips | |
$1 | 1:500 | 0 pips | |
easyMarkets is an award-winning international Forex and CFD broker. Unlike most brokers, it allows you to trade spot, forward as well as vanilla option contracts (calls and puts) across a particularly wide range of markets.
- Currency pairs: 135
- Markets: Commodities, Forex, Gold and metals, Indices, Oil
- Platforms: MetaTrader 4, Mirror trading
- Regulators: Australia, CySEC
- Incorporated: 2001
$100 | 1:200 | 1.8 pips | |
$2500 | 1:200 | 1.8 pips | |
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 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).
| Before | |
|---|---|
| When the price is... | The spread is... | 1.2510 / 1.2513 | 3 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.
Best Execution
MT4 Fixed - Instant Execution
Trade 70+ currency pairs, spot indices, energies, metals and shares on fixed spreads with instant ... More
- $500 deposit
- 1:500 leverage ?
Best Platform
Islamic Account
Trade Forex as well as CFDs on cryptocurrencies, shares, indices and metals on floating spreads ... More
- $100 deposit
- 1:400 leverage ?
Pro Account
Islamic Account
Trade 47 currency pairs, crypto-currencies, popular stocks, indices, gold and silver with no ... More
- $1000 deposit
- 1:30 leverage ?