A pip is a unit that specifies the smallest change in the price of a financial instrument. For example, if the EUR / USD exchange rate is 1.3155, then it changes to 1.3160, it means that the price increased by 5 pips. Everything seems [...]

Dear investors! We have great news. Dukascopy 5 Bank October 2010 introduced new more precise quotes for 0.1 pips, where the minimum course change rate was 0.5 pips so far.