Why Forex Metal uses 5-digit quotes for most currency pairs?

Forex-Metal use 5-digit quotes because they add a so called fractional pip at the end. Instead of quoting prices with four digits, i.e. EURUSD at 1.3401 / 1.3402, They now quote the pair as 1.34014 / 1.34032. The last digit is the fractional pip, it is often displayed smaller then other digits to indicate that it is in fact not a full pip. The pip value for a EURUSD 100,000 position is $10 and the value of a fractional pip for this same position is $1. A fractional pip is a tenth of a pip and the addition of this feature to our account allows us to take advantage of smaller price increments and moves in the market.
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