pips ticks for CFDs?
1 replies
Gin
1 month ago #287957
Gin
1 month ago #287958
for example
If I set SGP20 settings
pip/tick size = 0.1
pip/tick step = 0.01
then SQX pip is
pip = (pip/tick step = 0.01) / (pip/tick size = 0.1) = 0.1
so
broker spread * pip = 19 * 0.1 = 1.9 SQX pips
but if I set SGP20 settings
pip/tick size = 0.01
pip/tick step = 0.01
then SQX pip is
pip = (pip/tick step = 0.01) / (pip/tick size = 0.01) = 1
so
broker SPREAD * pip = 19 * 1 = 19 SQX pips
SQX pip is a relationship between
pip/tick size and pip/tick step
correct?
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