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5 Decimals ??

  • #1
  • First Post: Dec 30, 2008 7:54am Dec 30, 2008 7:54am
Alpari is going live on 2nd Jan with 5 decimals which I find rather annoying but looking around so are a lot of other MT4 borkers.

Any idea why this is happening and what are the advantages/disadvantages. I asked Alpari and they say it's so they can give lower spreads but the spreads on the demo (which is 5 decimal) is the same as live but multiplied by 10?

So does this mean when I make 1,000 pips in a month it will now be 10,000
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  • #2
  • Dec 30, 2008 7:55am Dec 30, 2008 7:55am
Quoting willf
Alpari is going live on 2nd Jan with 5 decimals which I find rather annoying but looking around so are a lot of other MT4 borkers.

Any idea why this is happening and what are the advantages/disadvantages. I asked Alpari and they say it's so they can give lower spreads but the spreads on the demo (which is 5 decimal) is the same as live but multiplied by 10?

So does this mean when I make 1,000 pips in a month it will now be 10,000
keep dreaming!
  • #3
  • Dec 30, 2008 8:13am Dec 30, 2008 8:13am
To all programmers out there: That extra decimal will screw up your calculations. And for those brokers offering futures contracts, they are all wrong - most all show point of .01 and wrong tick value.
Also: To all you guys using EA ex4s without the source code: Watch out!
  • #4
  • Dec 30, 2008 4:24pm Dec 30, 2008 4:24pm
Alpari.us or Alpari.co.uk or Alpari.ru that going live on 2nd Jan with 5 decimals in this case?

stay away with broker that have 5 decimals
  • #5
  • Last Post: Dec 30, 2008 4:28pm Dec 30, 2008 4:28pm
Quoting mintul
Alpari.us or Alpari.co.uk or Alpari.ru that going live on 2nd Jan with 5 decimals in this case?

stay away with broker that have 5 decimals
Uk on the 2nd. I think it will be difficult to stay away from any MT4 borker because they are all going to go with 5 decimals. It's the only way they can offer 1/2 pip spreads.
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