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.
DAX 30 mini (DAX30m) is a twist on the primary index, DAX 30 (GDAXI). This mini-sized contract lets traders to get profit and take advantage of trading an index comprised of the top stocks.
It is important to note that the information provided above depends largely on Dynamic Leverage. Do remember to adhere to the Specifications page if you are interested in finding out more. NSBroker always provides its client with assistance in CFD trading via the GER30m Index. On this index webpage, clients will have the chance to review the live display.
The information provided will give them the necessary tools to purchase or sell CFDs with the NSBroker team. For those who wish to bring variety to their trading portfolios, there is a great opportunity to do so with the price variations of GER30m. This will aid traders by showing the highs and lows of the daily trading activity. Begin your trading journey by registering for your own NSBroker account. This option may be found when choosing the ‘Register’ tab located at the top of the webpage.