Starting March 18, 2019, the Alpari broker determined changes in quotation digits for its 3 instruments, namely XAU/USD, BTC/USD, and XRP/USD. The official announcement was also made via email sent on March 20 2019. The following are the details:

• XAU/USD, previously 0.001, changed to 0.01
• BTC/USD, previously 0.01, changed to 0.1
• XRP/USD, previously 0.0001, changed to 0.00001

With this change in quotations, Alpari broker also urges its traders to consider the prevailing conditions before creating a trading strategy.

Trading Quotes Up to 5 Digits in Forex Pair

The variety of trading quotes offered by forex brokers has advantages that traders can take advantage of. One of the most interesting things is the development of accounts with 5-digit trading quotes in various forex pairs. To keep up with the ever-growing dynamics of the trading world, the Alpari broker does not want to be left behind in providing various trading account options. 

Through 5-digit trading quotes, it is possible to obtain tighter price movements and spreads lower than 1 pips . Apart from that, traders can also gain profits through more competitive price movements. This is because profits are not calculated as 1 pip, but rather pipettes, so it will be very profitable for traders who adhere to the Scalping strategy.

The speed of execution, EA-friendly trading conditions, and the availability of Swap Free accounts also add to the selling point of this broker, which has been established since 1998. For more complete trading specifications and what instruments Alpari offers.