Top Rated 5 Digit Forex Brokers Reviews - 2018

Until recently, all Forex quotes had 4 digits. But recently, many brokers have turned to 5 digit Forex quotes with the last digit signifying a partial pip. A 5 digit quote is more accurate. There is more room to play as the prices can be broken down further. You can choose to play with half-pips or any other partial amount and this allows traders, especially scalpers, more room to play with. Big traders also enjoy more favourable spreads with 5 digit quotes.

If a broker decides to switch to 5 digit quotes, your software you may not be applicable any more. It is important to check this out before placing additional trades. New account holders should compare different 5 Digit Forex brokers before deciding which one to choose. Check out our listing below to see a comparison of the top 5 Digit Forex brokers

image Top Rated

Min. Deposit

$50


Bonus

None


Trading Platform

MetaTrader 4, Proprietary platform


Max. Leverage

1:50


Regulation

ASIC, FCA, CFTC, NFA, FSA, IIROC, SFC, CIMA, MAS

Excellent trading conditions + NFA regulation

Min. Deposit

$300


Bonus

None


Trading Platform

MetaTrader 4, Web-based, Proprietary platform


Max. Leverage

1:50


Regulation

ASIC, FCA

No dealing desk execution + wide range of trading apps

Min. Deposit

$100


Bonus

No Bonus


Trading Platform

MetaTrader 4, Proprietary platform


Max. Leverage

1:200


Regulation

FCA, ESMA

Award-winning proprietary platform is good for all traders

Min. Deposit

$500


Bonus

None


Trading Platform

MetaTrader 4, MetaTrader 5, Web-based, cTrader


Max. Leverage

1:500


Regulation

CySEC, MiFID, FCA

Choice of great platforms + top-tier technology