5 digit Pricing Forex Brokers
Below you can find the list of Forex brokers who offer 5 decimal pricing (5 digit quote) after the dot (".")
Example of 5 digit pricing:
1.57301 bid/1.57317 ask
You get 1.6 pips spread if you put on a trade at that price.
Normal 4 digit pricing:
1.5730 bid/1.5732 ask
It is 2 pips spread!
With 5 digit pricing you get 1.6 instead of 2 pips spread, it's a better deal! When large amount of money is involved, the smallest fraction of pip is counted and can make great impact.