what should the tick value of EURJPY be ?

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 The tested tick value  of EJ is 100, the deposit currency is USD. 

 I think this tick value is not correct,but the broker agent insist that it  is right.

tick value of EJ 

 

//+------------------------------------------------------------------+
//|                                                    tickvalue.mq4 |
//|                        Copyright 2014, MetaQuotes Software Corp. |
//|                                              https://www.mql5.com |
//+------------------------------------------------------------------+
#property copyright "Copyright 2014, MetaQuotes Software Corp."
#property link      "https://www.mql5.com"
#property version   "1.00"
#property strict
//+------------------------------------------------------------------+
//| Script program start function                                    |
//+------------------------------------------------------------------+
void OnStart()
  {
//---
   double v1 = SymbolInfoDouble(Symbol(),SYMBOL_TRADE_TICK_VALUE);
   double v2 = MarketInfo(Symbol(),MODE_TICKVALUE);
   Comment("\n\n\n","         SYMBOL_TRADE_TICK_VALUE = ",v1,"\n",
                    "         MODE_TICKVALUE          = ",v2);
  }
//+------------------------------------------------------------------+
 

The broker agent says his tick value is based on JPY instead of the deposit currency USD.

I think tick value should reflect  the real value in USD.

 
fxmeter:

The broker agent says his tick value is based on JPY instead of the deposit currency USD.

I think tick value should reflect  the real value in USD.

Your broker is wrong.
Symbol Properties - MQL4 Documentation

MODE_TICKVALUE

16

Tick value in the deposit currency


 
WHRoeder:
fxmeter:

The broker agent says his tick value is based on JPY instead of the deposit currency USD.

I think tick value should reflect  the real value in USD.

Your broker is wrong.
Symbol Properties - MQL4 Documentation

MODE_TICKVALUE

16

Tick value in the deposit currency



Thank you !
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