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different digits broker

Topic: different digits broker

there are different brokers by digits 4,5 and even 6 ,why cant be there on standard for it?

for new trader it is bit complicated


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Re: different digits broker

most of the brokers give 5 digits , for me 5 digits is considered as standardized.. just make yourself clear will do.. normal pair like 1.23456  and jpy pairs like 123.456...

the fifth digit behind decimal  is 0.1 pip, the forth digit behind decimal  is 1 pip for normal pairs.. 
while third digit behind decimal is 0.1 pip and second digit behind decimal is 1 pip for JPY pairs


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