For those of you considering IBFX...You need to understand that they offer two kinds of accounts, meaning that 0.01 means two different values according to which account you have.

Standard IBFX Account
0.01= micro's 1000 units (10 cents a pip)
0.10= mini's 10,000 units ($1 buck per pip)
1.00= standard 100,000 units (10 bucks a pip)


Mini IBFX Account
0.01 = nano's 100 units (1 cent per pip)
0.10= micro's 1000 units (10 cents per pip)
1.00 = mini's 10,000 units (1 buck per pip)

ES