Interactive Brokers to offer FX trading with 1/10 pip precision

US online trading services provider Interactive Brokers Group, Inc. (NASDAQ:IBKR) continues to enhance the capabilities of its multi-asset trading platform Trader Workstation (TWS).

The improvements in the latest build of the platform concern Forex trading too. The broker is now empowering traders to trade Forex with 1/10 pip precision.

Thus far, Interactive Brokers has offered Forex traders to view FX quotes in the more precise 1/10 percentage in point (pip) format, compared with the usual 1/2 pip display, and now applies the same precision to trading FX quotes.

To activate the new feature, one has to go to Global Configuration and select Display > Ticker Row, then scroll to the bottom of the window to select “Allow Forex trading in 1/10 pips.”

The enhancement comes on top of various improvements introduced in the new TWS build, including a feature for investing with Portfolio Builder, as well as the ability to configure FYI notifications directly from within IB TWS.

You can find out more about what is in store for TWS users by clicking here.

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