What is the difference between 4 digit broker and 5 digit broker? - page 3
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Dearest MLADEN,
with a lot of excuses,again i want remove my doubts about 5 digit brokers calculation,in earlier time you explained right exact but it again make me confuse when i open new demo with a 5 digit broker and he debiting and crediting me full size pips ,not points ....what is actual rule,if it is differ broker to broker ,no universal system,pictures attached with....in pictures it is the same sell trade,one picture with loss and the other with profit...just keep in mind for to calculate profit/loss,spread is variable,not fixed....thanks
regards
No. 1.2345 and 1.23450 are the same price. The minimum price change (tick size) is smaller on a 5.
What is a TICK? - MQL4 and MetaTrader 4 - MQL4 programming forum