What is a fractional pip?

What is a fractional pip?

  • 31 July, 2016
  • 4:54 pm EEST

A fractional pip is a tenth of a pip. This feature allows traders to benefit from the smaller price increments and moves in the market. For example, instead of quoting prices with 4 digits i.e. EURUSD at 1.2975/1.2976 XGLOBAL Markets can quote the pair as 1.29752/1.29760 with the last digit quoted as a subscript.

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