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5 Digit brokers | 5 Decimal pricing Forex brokers




Forex brokers who offer 5 digit (5 decimal) pricing


1lotstp
1pipfix
3TG Brokers
4runnerforex
4XP
AAAFx
Abshire-Smith
AccentForex
ACFX
Admiral Markets
Advanced Markets
ActivTrades (Interbank account)
AGM Forex
Ajax Financial
Alpari UK
Alpha Capital Markets
Alpha Trading CM
Araxo4x
Armada Markets
AssetsFX
ATC brokers
ATG Marketplex
Atom8
Axiory
AxiTrader
B2S Forex
Barclays Capital
Baxter-FX
BNFX
Blackwell Global
BMFN - Boston Merchant Financial
BMFN Europe
Boston Prime
Bulls And Bears Forex
Bulls Capital Markets
BZ Trading
CFH Clearing
CIM Bank
CitiFX Pro
CMC Markets
Core Liquidity Markets
CommexFX
CornerTrader
Deltastock AD
DF Markets
Direct FX
Divisa Capital (DCFX)
Dukascopy Bank SA
ELEX - Electronic Markets
Euro Pacific Bank
EXNESS
EXO Group
Exto Capital
FairQuote Securities
FastBrokers
FBS
FeelTrade
FIBO Group
FIBO Group Holdings
Fidelis
FinFX
FinOdds
FIPFX
FIPFX GLOBAL
Forex Broker Inc
FOREX.com (ForexTrader PRO)
Forex-Metal
Forex Time (FXTM)
FormulaFX
Fortress Capital
Fortune4x
FreshForex
FW Markets
FX Choice
FX Dealer
FX Online Trading
FX Systems
FXCast
FXCC
FXCENTRAL
FXCM
FXCM Micro
FXDD
FXDME
FXdirekt Bank AG
FXFair
FXFlat
FxNet
FxOpen (ECN account)
FXOptimax
FxPro
FXSalt
FXTG (ForexTG)
FXVV
GAIN Capital Group
GAINSY
Gallant Capital Markets
Galleass
GCM Forex
GDMFX
Gedamo Investments (ECN)
GKFX
Goldboro
Goldstein Brokers
Grand Capital
Greenvault FX
HighSky Brokers
Hirose Financial UK
HotForex
HotSpotFXi
IamFX
IBFX
IC Markets
ICM Capital
IKON Group
Interactive Brokers
InterTrader
InterTrader Direct
Invast
Investorseurope
IronFX
JFX
JustForex
Lider Forex
Liquid Markets
Liquidex
LiteForex
LMAX
London Capital Group (LCG)
Loyal Forex
Lucror FX
M2 Forex
MahiFX
MasterForex
MaxProCapital (MPCL)
MAYZUS
MB Trading
MBCFX (Currenex)

MFC Investment
MRC Markets
MW
MXT Global
MyTrade Markets
Nexsus Financial Markets
NobleTrading
NordFX
Nova Tradex
NSFX
OANDA
OctaFX
OloFx
One Financial Markets
Orbex
Ozone Forex
Pacific Financial Derivatives (PFD-NZ)
PaxForex
Pepperstone
Persepolis Capital Management
PipFixed
Price Markets
Profiforex
Questrade
Real ECN
Real-Forex
Real Trade Group
RFXT - Royal Forex Trading
Renesource Capital
RoboForex
RPD FX
Saxo Bank
Sensus Capital Markets
Shaw Markets
Sisma Capital
SmartTradeFX
Solforex
SpediaFX
Sterling Gent Trading
Sun Hung Kai Forex
Sunbird
Synergy FX
TFIFX
ThinkForex
TopFX
TradeFort
TradeKing
Trader's Way
Traders Pulse
Traders Trust
TradersChoiceFX
TradeStation Securities
TradingForex.com
Tradeview
UpFX
UPME Group
V2FX
Valbury Capital
Vantage FX
Vantage FX UK
Varengold Bank FX
Velocity Trade
Vitesse Blue
WFX Markets
Windsor Brokers
WorldPro FX
XGLOBAL Markets
XM

Do you know another Forex broker with 5 decimal pricing? Please suggest by adding a comment below.

5 digit vs 4 digit broker

Not so long ago the 5th digit in Forex pricing was rare, now it is a normal fact - a result of growing competition for clients among Forex brokers. Quotes with 5 decimal places allow better transparency and better fills for investors. Banks have been using the system of fractional quotes for centuries. When large money is involved, the smallest variation in quotes makes a significant impact.

For traders the 5th digit means better transparency and ability to catch better deals. Forex brokers call it "precision pricing".
For example, instead of 2 pips spread (1.5030 Bid 1.5032 Ask), a trader can get a 1.7 pip spread (1.50301 Bid 1.50318 Ask)

5 decimal fractional pips Forex

Trading with 5 decimal pricing

Adding 5th decimal to the price quotes requires traders to adjust own pip calculations, such as profit and stop values, trailing stops, limit orders etc.

For example, when trading with 4 decimal quotes, if a trader wants to capture 30 pips of Profit, he sets a Profit target value to 30.
With 5 digit quotes a trader would need to input 300 to be able to exit with 30 pips Profit. The last digit "0" is a fractional pip.

Expert Advisors trading with 5 digit brokers

Be sure to check if your Expert Advisor supports 5 decimal pricing. Not every EA does this, and you can get in trouble, or most likely will be unable to take any trades with such EA.
A simple demo test of your robot with 5 digit broker will tell if any adjustments are needed.

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Broker discussion area

trader

February 7, 2013

5 digit fix spread broker needed


BrokerGuru

October 23, 2012

Thank you, will be added.


trader

October 23, 2012

www.fxvv.com 5 digits on ECN.
* Low spread
* No trading commission
* Leverage 1:2000
* ECN forex broker
* Market execution
* No dealing desk
* Deep pricing from multi bank
* Price transparency
* No trade against traders
* No restrictions on trading style (such as scalping, hedging, expert advisor, trading on news time, no FIFO rules)


BrokerGuru

July 26, 2012

Thank you!
will be added.


trader

July 24, 2012

www.fxcast.com offers 5 digit (5 decimal) pricing.


trader

May 27, 2012

I have been trading with United World Capital since 2 years now. In the starting when i joined i was not having much knowledge about the Forex and i started my journey into Forex with them.

Since then i have tried many brokers but i did not find anyone close to UWCFX.

When trading i usually watch the Bloom Berg channel and see the Live news. The rates that i see in the Bloom Berg US were the same that i see in UWC Trader.

I can see all my accounts in their cabinet and never had any problems with regards to withdrawal of Profits.

Their Customer Service is Excellent and always on Time.

They have all the answers.


BrokerGuru

February 13, 2012

Sorry, we don't rate brokers or provide any recommendations/suggestions about choosing any particular broker. Our website policy requires to remain 100% neutral & unbiased towards all Forex brokers.


trader

February 12, 2012

I am working as a Senior Manager - Operation & Compliance with a Forex trding company named eToro, but i want to know who is the best /top forex broker/company of world ?


BrokerGuru

August 23, 2011

Added. Thank you!


GC team

August 23, 2011

Grand Capital offers 5 digit pricing.
www.grandcapital.net

GC team. Thank you and Regards.


BrokerGuru

June 23, 2011

Please try our broker search, where you can input all those criteria to find matching brokers.

Cash withdrawals, as a rule, aren't widely available with brokers, instead you can request a wire to be sent to your bank account in India.


trader

June 23, 2011

Hi there,
I am an Indian and a live fx trader since a year,
wish to open a live a/c that allows scalping,hedging.local india cash withdrawl and leverage of 1:400 with the MT4 platform ...

-thx


BrokerGuru

May 31, 2011

Thank you! Listed.


Reuben

May 30, 2011

I am trading with ironFX, with 5 decimal pricing.
Website: www.ironfx.com
Year since: 2010
Headquarters: Cyprus
Company registration: IronFX Financial Services Limited, Cyprus
Regulation: CySEC (license #125/10)

Reuben


BrokerGuru

May 8, 2011

4XP has 5 digits on ECN, other accounts - 4 digits.


trader

May 8, 2011

4xp have 4 no 5 decimal pricing!!!!!


BrokerGuru

March 5, 2011

Right.
Thank you!


trader

March 5, 2011

aaafx ?


TFIFX

February 24, 2011

I agree with BrokerGuru. You have to make a decision based on a few criteria.

Concrete Regulation (Europe, USA, Japan have stronger Trading regulation)
Years in operation
Transparency
Segregated accounts
Support
Market Makers vs. ECN is basically not an argument once the broker proves to be solid. Its a matter of what makes you feel better. Market Makers usually offer more personal support while ECN brokers offer more technical tools.

http://www.tfifx.com


BrokerGuru

February 2, 2011

Thank you!


Real Trade Group

February 2, 2011

Real Trade Group (www.realtrader.org):
Effective Monday, January 17, 2011, the 5th decimal place was implemented on real accounts.


trader

January 21, 2011

forinvest has 5-digits with 0.50 pip spread
its available in their MT4 platform
http://www.forinvest.net/
thank you!


BrokerGuru

January 20, 2011

Yes. Thank you!


trader

January 18, 2011

Maybe FinFX should be added to your lists?


BrokerGuru

November 19, 2010

Thank you!


trader

November 19, 2010

cmc markets


trader

October 28, 2010

mrc markets is worst among all . first they give 0.5 pip spread later they increase to 5.5 spread.worst worst


BrokerGuru

September 30, 2010

Yes, thank you!


trader

September 30, 2010

FXDD has 5 decimals


BrokerGuru

August 7, 2010

Depends on your needs and amount your want to deposit.
Look for a regulated no dealing desk broker with positive reviews from traders.
I'm not in the position to recommend brokers (it's against the website policy).


trader

August 6, 2010

hi. please tell me wivh one is the best 5 digit broket on the market

thanks


BrokerGuru

June 18, 2010

Unfortunately, I don't have such detailed information related to Indian banks, I'm sorry.


trader

June 17, 2010

hi
i am indian, i want broker with high leaverage & deposit from direct Net Banking indian banks. spreads less. plz give name.


BrokerGuru

May 19, 2010

Our Advanced Search would certainly help you with that:
Forex brokers comparison


trader

May 17, 2010

hi i need 5digit broker,deposit with lr and allow scalping, i already test at exness but their server to bad


BrokerGuru

March 30, 2010

Thank you!


trader

March 26, 2010

Hi BG

ActivTrades (Interbank account) also got 5 digit.

Thank You!


BrokerGuru

March 10, 2010

Hi Hany,

Every ECN has a 5 digit platform, but a non-ECN can also have 5 digit pricing.
For an ECN it is a standard, while for a non-ECN it is an option.

With a true ECN you'll have 1, 2, 3s an so on in the 5th decimal, while with other brokers it can be anything: always zeros or halfs, since their 5 digit platform is not connected to the true market environment.


Hany

March 9, 2010

Hi,
Thank you for that very helpful information.
If a broker has 5 digits price but the last digit is only zero or 5 ( half ) and not 1,2,3,...., why? is this broker not a true ECN?
Thanks
Hany


BrokerGuru

March 5, 2010

non-NFA condition is understandable, while non-ECN conditions is probably there due to commissions.

If so, get a regulated STP broker, with MT4 platform (I'd assume the EA is for MT4).
Does the EA has requirements about spreads being fixed or variable?

You can settle as well with a market maker, if the broker is regulated and has been around for several solid years.

I can't choose a broker for you or recommend a broker, because it'll be against our website policy and will definitely not be liked by other brokers whose names won't be mentioned.


trader

March 5, 2010

what's the best broker to use that's non ECN and no NFA rules? The EA I just purchased to try for 60 days says it will not work with new NFA rules and ECN brokers.


BrokerGuru

March 4, 2010

STPs may put restrictions when they streamline orders to their liquidity providers who have restrictions on scalping.


trader

March 4, 2010

Hi BG

I wonder how come STP broker like UWC - United World Capital not allow scalping?

STP broker should have restrictions on trading seen there's no conflict of interest?

Thank You!


BrokerGuru

January 31, 2010

Hi JT,

yes, but I think you can simply assume that if a broker is not on the list, it most likely has a 4 digit platform.
Some brokers have both 4 & 5 digit platforms available, in this case - the above list won't help, I agree.
In such case, you can use our Advanced broker Search to filter out 4 digit or 5 digit brokers (this option can be found under "Decimal pricing").


JT

January 30, 2010

Great website. Any chance of creating a list of brokers that still use 4 decimal pricing since some of the software I use is doesn't work well with 5 decimal pricing? Thank you.
JT


BrokerGuru

January 2, 2010

Thank you, MIG BANK is now listed!


trader

December 31, 2009

Here is MIG Bank ...they have 5 digit pricing and just turned a Bank. They are in Switzerland. They have Mini accounts.


BrokerGuru

December 24, 2009

Thank you for a really useful feedback and review.
I'll check the Client agreement and update the listing accordingly.
Happy holidays!


trader

December 24, 2009

I am currently with United World Capital broker. UWC - United World Capital only offers 5-digit pricing and they do not allow scalping. They previously indicated that they do allow scalping on their website www.uwcfx.com which indicates "accept all scalping EAs" but they removed that feature second or third week of December, 2009. Their client agreement also indicates that "sniping" or scalping is against company policy. I would say that's a subtle way of false advertising. They indicate that they do allow scalping from their website but their client agreement says otherwise. Also, they mentioned they have "no requotes" but once you get profitable in a short time especially for such small capital (micro or mini account), they bombard you with delays and requotes the next day.


BrokerGuru

December 18, 2009

Thank you, Roma!

the broker has been added.



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