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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 CAC 40 index (France 40 or FRA40) is an indicator of Paris Market, containing 40 of the largest companies equities listed in France and traded on the Euronext Paris stock exchange.
It is impossible to directly invest in The CAC 40 index, it is not a financial instrument. But there are futures contracts ETFs and CFDs are derivatives, which allow to invest in FRA40.
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.
autobitxtrade always provides its client with assistance in CFD trading via the CAC 40 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 autobitxtrade 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 CAC 40. This will aid traders by showing the highs and lows of the daily trading activity.
Begin your trading journey by registering for your own autobitxtrade account. This option may be found when choosing the ‘Register’ tab located at the top of the webpage.
