Fractional Pip Quoting to the 5th Digit

Deltastock Introduces

Fractional Pip Quoting

• Fractional Pip Spread reduce bid/ask spreads for each currency pair.
• Level 2 narrow spreads up to 0.1 pips.

Access Even Better Spreads

Deltastock introduces fractional pip quoting, “pipette” – the 5th-digit following the decimal point in the Forex quotes, available for all 72 currency pairs offered for trading. For JPY, Spot Gold and Silver, the quotes are up to the 3rd-digit.

To provide you with access to better spreads, our No Dealing Desk Level 2 module can now narrow spreads up to 0.1 pips (0.00001; for JPY crosses, Spot Gold and Silver – up to 0.001).

The fractional pip quoting innovation helps Deltastock provide more accurate, tighter prices to clients. For instance, you might see a buy price of 1.44557 instead of 1.4456 and a sell price of 1.44532 instead of 1.4453. In this case, you would have a spread of 2.5 pips instead of 3.

The Fractional Pip Quoting is introduced for live trading now in our proprietary platform Delta Trading.