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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.
The S&P 500 (SPX500 or Standard and Poor's 500 indexes) index is a market-capitalization-weighted and float-adjusted stock market index of 500 companies listed on NYSE and NASDAQ exchanges. S&P 500 live charts and quotes.
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.
6ixmarkets always provides its client with assistance in CFD trading via the SPX500 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 6ixmarkets 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 SPX500. This will aid traders by showing the highs and lows of the daily trading activity.
Begin your trading journey by registering for your own 6ixmarkets account. This option may be found when choosing the ‘Register’ tab located at the top of the webpage.
