The international foreign exchange pricing method is a five-digit pricing method, such as EUR/USD, 1. 1965, based on the fourth decimal place, and the value of 1 point per lot is $ 10.

But at present, most foreign exchange companies use 6-digit pricing, accurate to the fifth place after the decimal point (that is, 0. 1 basis point). For example, the exchange rate between Europe and America is 1. 19652.