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Bid/Ask Prices Down to a Tenth of a Pip

September 2007: FXCM presents yet another improvement integrated into FX Trading Station 2.0 (FXCM's trading platform):

	Starting in 2007, all prices for each currency pair were listed down to a tenth on the FXCM trading platform and pricing was then made down to the tenth of a pip. Traders profited from this innovation because prices were no longer rounded up to the nearest pip. The extended price appears to the right of the large digits in the price display.

Benefits Through Savings

Increased competition among the large banks and financial institutions that supply FXCM with bid/ask prices resulted in prices listed in tenths of a pip. 

FXCM traders have since been able to trade with a far more precise bid/ask spread. While earlier pricing had to be rounded to a whole pip, the new pricing has benefited all traders by cutting their transaction costs by up to several tenths of a pip. » Test with demo account

Price Data and Realtime Cost/Benefit Overview Down to a Decimal Position

All prices listed on the FXCM trading platform are listed in tenths of a pip.