pips ticks for CFDs?

CFD SGP20 example

spread is 19

is it 1.9 pips for SQX or 19 pips?

por exemplo

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

assim

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

assim

broker SPREAD * pip = 19 * 1 = 19 SQX pips

SQX pip is a relationship between

pip/tick size and pip/tick step

correto?