TeleTrade MT4 changes from 2/4 digits to 3/5 digits, lowering Trading Cost with Floating Spread!

July 8, 2017

TeleTrade will increase the degree of precision for quotes on Forex instruments and provide a floating spread on Standard Accounts.

TeleTrade MT4 changes from 2/4 digits to 3/5 digits, lowering Trading Cost with Floating Spread!

TeleTrade has announced several improvements on Trading Conditions today.

The main changes for standard account include the followings:

  1. The price will be formed based on market ask and bid prices, with no intermediaries involved.
  2. The market price will be provided with “Floating Spread”.
  3. The degree of precision of quotes becomes to 3/5 digits from 2/4 digits after decimal point.

The above changes are made for traders so they can be provided with more precise and lower trading cost.

*TeleTrade’s Standard account remains “Instant Execution” model as always.

The changes will be made on July 17th, Monday and may affect all TeleTrade’s standard accounts.

For more information or inquiries regarding to this change, please contact TeleTrade’s support team.

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