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Igor

Tick Definition

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A tick is sometimes called the minimum fluctuation of an asset. For most traded currencies, a tick is equal to 1 pip. For stock indices and spot metals, a tick is worth more. For instance, some stock indices move by up to 25 points for a single tick movement. It is important for a trader to know what the minimum fluctuation of the asset he wants to trade is as this will affect margin requirements on the trading account.

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