{"id":11802,"date":"2024-04-05T15:38:34","date_gmt":"2024-04-05T11:38:34","guid":{"rendered":"https:\/\/fxglory.com\/helpdesk\/docs\/fxglory-help-center\/learn-forex\/what-is-a-fractional-pip\/"},"modified":"2024-07-11T16:39:18","modified_gmt":"2024-07-11T12:39:18","slug":"what-is-a-fractional-pip","status":"publish","type":"docs","link":"https:\/\/fxglory.com\/helpdesk\/docs\/knowledgebase\/learn-forex\/what-is-a-fractional-pip\/","title":{"rendered":"What is a fractional pip?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"11802\" class=\"elementor elementor-11802\" data-elementor-post-type=\"docs\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f69a141 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"f69a141\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-015a76f\" data-id=\"015a76f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-71ed470 elementor-widget elementor-widget-text-editor\" data-id=\"71ed470\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Fractional pips are a new pricing feature that allows you to see more price action details and helps you make more informed trading decisions. A fractional pip is a tenth of a pip, and the addition of this feature to your account allows you to take advantage of smaller price increments and moves in the market.<\/p><p><br \/>Instead of quoting prices with four digits, i.e., EURUSD at 1.4251 \/ 1.4253, we will now quote the pair as 1.42508 \/ 1.42528 with the last digit (quoted as a subscript) referring to the fractional pip. The pip value for a EURUSD 100,000 position is $10, and the value of a fractional pip for this same position is $1, which is a tenth of a pip.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Fractional pips are a new pricing feature that allows you to see more price action details and helps you make more informed trading decisions. A fractional pip is a tenth of a pip, and the addition of this feature to your account allows you to take advantage of smaller price increments and moves in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":9544,"menu_order":158,"comment_status":"open","ping_status":"closed","template":"","doc_tag":[],"class_list":["post-11802","docs","type-docs","status-publish","hentry","no-post-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/comments?post=11802"}],"version-history":[{"count":1,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11802\/revisions"}],"predecessor-version":[{"id":15180,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11802\/revisions\/15180"}],"up":[{"embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/9544"}],"wp:attachment":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/media?parent=11802"}],"wp:term":[{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/doc_tag?post=11802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}