5 Decimal Forex Brokers
Compare Forex brokers with 5 decimal pricing. Get 5th point precision and smarter pricing with the following NDD/STP Forex brokers.
Best brokers
- easyMarkets
Best APAC Region Broker, 2018 - ADVFN - FP Markets Best FX Broker Australia 2021
- Pepperstone Best Forex Broker Overall - Compareforexbrokers, 2022
- LiteFinance Best Forex Broker Africa, 2011
- HotForex Best CFD Trading Conditions, 2021
Broker reviews
easyMarkets is an award-winning international Forex and CFD broker. Unlike most brokers, it allows you to trade spot, forward as well as vanilla option contracts (calls and puts) across a particularly wide range of markets.
- Risk warning: 75% of retail investor accounts lose money when trading CFDs and Options with easyMarkets. You should consider whether you understand how CFDs and Options work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, Mirror trading
- Regulators: Australia
- Incorporated: 2001
$200 | 1:400 | Market | |
$10000 | 1:400 | Market | |
FP Markets is a true ECN broker with razor-thin spreads and deep liquidity. Trade CFDs on over 10,000 stocks, indices, commodities and currency pairs through Iress, and over 1,000 such instruments through MetaTrader 5. FP Markets supports all trading styles and EAs.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Australia, Cyprus, Saint Vincent and the Grenadines
- Incorporated: 2005
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
- Risk warning: Between 74% and 89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading, Mirror trading
- Regulators: Australia, Bahamas, Cyprus, Germany, Kenya, UAE, UK
- Incorporated: NA
$200 | 1:30 | Market | |
$200 | 1:30 | Market | |
$200 | 1:30 | Market | |
$200 | 1:30 | Market | |
LiteFinance (LiteFinance.com), formerly LiteForex, is an ECN broker headquartered in Russia. Trade CFDs on a wide range of markets on Metatrader 4 or 5, with flexible leverage up to 1:500. LiteFinance accepts all EAs and trading styles, including scalping and news trading.
- Risk warning: 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading, Mirror trading
- Regulators: Cyprus, Saint Vincent and the Grenadines
- Incorporated: 2005
$50 | 1:500 | Market | |
$50 | 1:500 | Market | |
HotForex (HotForex.com) is an award-winning Forex and CFD broker, with accounts tailored to new and experienced traders. Trade a wide range of markets including Forex, stocks, indices and commodities through MetaTrader 4 or 5.
- Markets: Forex (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Currenex, Copy trading, Mirror trading
- Regulators: Cyprus, Mauritius, Saint Vincent and the Grenadines, Seychelles, South Africa
- Incorporated: 2010
$5 | 1:1000 | Market | |
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
Start trading in minutes, with no prior identity checks, when you fund your account with crypto. Easily buy crypto through its platform if you have none. PrimeXBT.com's trading platform was voted "Best Platform for Trading with Leverage" in 2020 and "Best Crypto and Forex Broker" in 2019.
- Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: Copy trading, Mirror trading
- Regulators: Saint Vincent and the Grenadines
- Incorporated: 2018
$40 | 1:1000 | Market | |
Trade without restrictions with OctaFX (OctaFX.com), an international broker headquartered in St. Vincent & The Grenadines. Access CFDs on currency pairs, indices, precious metals and commodities on MetaTrader 4, MetaTrader 5 or cTrader.
- Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Cyprus, Saint Vincent and the Grenadines
- Incorporated: NA
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
NordFX (NordFX.com) is an international Forex broker serving traders worldwide from its headquarters in Mauritius.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, Copy trading
- Regulators: Vanuatu
- Incorporated: NA
$250 | 1:1000 | Market | |
$500 | 1:1000 | Market | |
Trade Forex as well as CFDs on cryptocurrencies, stocks, indices and commodities with an STP/ECN broker. EagleFX (EagleFX.com) allows all trading styles and Expert Advisors on MetaTrader 4.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4
- Regulators: Dominica
- Incorporated: NA
$10 | 1:500 | Instant | |
$10 | 1:500 | Market | |
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5
- Regulators: Cook Islands
- Incorporated: 2018
$10 (MT4) and $ 500 (MT5) | 1:500 | Market | |
What is 5 decimal pricing?
With 5 decimal pricing, also known as 5 digit or fractional pricing, brokers quote Forex spreads in tenths of a pip. The additional digit representing a tenth of a pip appears to the right of the quote.
| Example | |
|---|---|
| Price before fractional pricing | Price after fractional pricing | 1.2510 / 1.2513 | 1.2510 2 / 1.2512 5 |
How it can work for you
With fractional pricing, you'll get consistently tighter bid / ask spreads. For example, if you were you quoted a buy price of 1.2513, you could see 1.25125 instead (0.5 pips tighter). If you were quoted a sell price of 1.2510, you could now see 1.25102 instead (2 pips higher).
| Before | |
|---|---|
| When the price is... | The spread is... | 1.2510 / 1.2513 | 3 pips |
| After | |
|---|---|
| When the price is... | The spread is... | 1.2510 2 / 1.2512 5 | 2.3 pips |
Tighter spreads make it easier for you to turn a profit from liquid currency pairs with small pricing changes. They can also facilitate scalping strategies where you look to profit from small incremental movements in prices.
Featured brokers
Best Execution
MT4 Floating - Instant Execution
Trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and instant ... More
- $500 deposit
- 1:200 leverage ?
- 1.71 pips EUR/USD
Best Conditions
ECN Account
Trade Forex on floating spreads from 0 pips plus commission on MT4 or MT5. Get started from a low $... More
- $50 deposit
- 1:500 leverage ?
- 0 pips EUR/USD
Best Platform
Premium Account
Trade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. ... More
- $100 deposit
- 1:500 leverage ?
- 1.2 pips EUR/USD
Pro Account
Professional Account [EU]
Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and... More
- $100 deposit
- 1:400 leverage ?
- 0.6 pips EUR/USD
