Tick size depends on the price band: 0.01 below 2.0, 0.02 to 3.0, 0.05 to 4.0, 0.1 to 6.0, 0.2 to 10, 0.5 to 20, then 1, 2, 5 and 10. A 3-tick move at 1.5 is tiny; at 15.0 it's large.
Tick: what it means in exchange trading
The smallest step between two prices on the exchange ladder.
18+. Trading on exchanges carries real risk and many people lose money. Set limits before you start. Support: BeGambleAware, GAMSTOP.