Currency Trading from one of the World's Largest Forex Brokers

Fractional Pips Pricing

  • FXCM Asia offers prices in tenths of a pip to provide lower spreads for popular currency pairs.
  • The digit representing a tenth of a pip appears to the right of the two large, bold-faced digits.

 

 

The Benefit

Fractional pip pricing should reduce bid/ask spreads for each of the more popular currency pairs.

Our aim is to provide you with very competitive transaction costs—tight bid/ask spreads on every currency pair.

Access To Better Spreads

To give you access to better spreads, we introduced No Dealing Desk execution. As one of the largest Forex brokers with strong liquidity relationships with the world's leading banks, we constantly press them to supply the most favourable prices to us.

As a result, the banks have now begun to provide streaming six-digit prices to FXCM; and consequently we are delighted to provide more accurate, tighter prices to you. As competition intensifies, fractional pip pricing should reduce bid/ask spreads for each of the more popular currency pairs even further—welcome news indeed in view of the market volatility we have recently experienced. Before this change, the buy price was rounded up to the nearest pip, and the sell price was rounded down. Now, with the additional decimal place, you will see a more accurate—and usually tighter-spread. For instance, you might see a buy price of 1.34557 instead of 1.3456 and a sell price of 1.34532 instead of 1.3453. In this case, you would have a spread of 2.5 pips instead of 3.

P/L in Pips Now Quoted Fractionally

On your Open and Closed Positions on the FX Trading Station, your P/L will now show tenths of a pip.

For more information, please call us at +852 2119 0116.

 

 

FXCM Awards
e-FX Awards 2009: FX-Week
Winner
Best Retail Platform 2009
Inc. 500
List of America's Fastest Growing Companies Three Time Honoree: 2004, 2005, 2006
FXCM was ranked #30 in the Hot 100 fastest-growing businesses in the U.S. by Entrepreneur Magazine 2008
Stocks and Commodities Magazine
Best FX Specialist 2002, 2003, 2004 Readers' Choice Award Top US Forex Brokerage 2008
Global Finance
Best Independent Online FX Trading System, 2010 Honorable mention
Shares Awards 2004
Best Currency Broker 2004
t2w 2004 Member's Choice Awards Gold
Best Currency Broker 2004