Dear Trader Trainees and BPT Followers,
Please kindly take note that there is going to be a change in the pip/tick size calculation of the tradeable instrument “Gold“ and as part of our Trader Trainee Programme.
The envisioned changes are as follows:
Change of Pip / Tick Size from : $ 1 to $0.25
Change of BPT Spread / Slippage from : $1.00 to $0.50
Enforced Max. Stop Loss = $10 or 40 Pips/Ticks
As a way of example: An effective move in Gold from $1250.00 to $1270.00 in the new pip/tick size calculation will now yield 80 Pips (- 2 Pips slippage) instead of the previously calculated 20 Pips.