How rates are displayed in the rate list and rate panel
The first rate displayed is the bid (sell) rate. The second rate is the ask (buy) rate.
Most currency pair rates use five decimal places, with the fourth decimal place acting as the "pip" and the fifth decimal place acting as the "pipette." Some pairs use three decimal places (for example, XAU/USD, or those with a rate currency of JPY, THB, or HUF). In this case, the pip is the second decimal place and the pipette is the third decimal place.