Fractional Pip Pricing

Trendoks offers its clients fractional pip pricing for all tradable currency pairs.This means that instead of quoting prices with 4 digits, Trendoks allows all clients to benefit from the smallest price movements by adding a fifth digit (fraction).

Fractional pip pricing allows for tighter spreads and the most accurate quoting possible.This new pricing is the result of our constant efforts to get the best prices from our multiple liquidity providers. 

Trendoks’s major aim is to provide to its clients with the most attractive conditions. Company has implemented fractional pricing to make sure that all clients will get the best prices available.

Below is the 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 1.57688 to 1.57718 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 1.57688 to 1.57718 is valued at $1 for a standard lot or $0.1 for a mini lot.