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Fractional Pip Pricing

On all forex trading instruments, FXCBS offers fractional pips or decimalized pricing. Currency quotes are offered in tenths of a pip providing more precise prices and lower spreads. This enables the client to take advantage of the smallest precise move in the market.

 

Example of 5th Digit Decimal Quote:

 

Note that the 5th Digit Decimal is circled in RED.

 

 

Pip value or tick movement with fractional pips:

 

A one pip movement in GBP/USD from 1.45200 to 1.45210 is valued at $10 for a standard lot (100,000) or $1 for a mini lot (10,000). With fractional pips, a 5th pip increment from 1.45215 to 1.45216 is valued at $1 for a standard lot or $0.1 for a mini lot.