The term “Pip” is used for Forex instruments quoted to the fifth place after the decimal point (e.g. AUDJPY – 1.08052). One pip equals a price increment of exactly 0.00010.
- For instruments quoted to the third place after the decimal point (e.g. AUDUSD – 115.521), one pip equals a price increment of precisely 0.010.
- In the case of spot metals, one pip equals a price increment of exactly 0.01.
- For cryptocurrencies and indices, one pip equals to a price increment of precisely 1.0.
- In the case of other instruments, one pip equals a Tick Size.
XBR/USD is a spot commodity based on Brent Crude Oil (UK Oil). Looking for a great way to expand your trading portfolio? Consider NSBroker which provides a great opportunity to trade CFD on Brent. Review the real-time graph for Brent. Begin your official trading journey with NSBroker in just a few minutes. Signing up will give you the chance to purchase or sell the Contract for Difference (CFD) via the most notable platform for trading.
With this program, users take advantage of the Fundamental and/or Technical Data to speculate the greater market. Also, they may have access to various online resources to Stop Loss, Take Profit, and address Pending Orders. Take heed to the ups and downs of the Brent Crude Oil. This data will provide the important info to fluctuating prices and how you may include this method in your trading.
Create an account by choosing the ‘Register’ button located at the top of the page. Users should know that there are many deposit methods with no commissions fee attached.
If you are looking for more financial products, the CFD marketplace is the perfect fit. They provide users with the Buy and Sell options to investigate pricing without much physical involvement. While pricing may increase and decrease, all users can make be successful if they are well-positioned.