OANDA Japan Stops fxTrade Desktop Obtain, Adjustments USD/JPY Margin Price

by Jeremy

OANDA Securities, the Japanese subsidiary of longstanding on-line foreign exchange and CFD
brokerage firm, OANDA Company, stopped new downloads of the desktop
model of its fxTrade buying and selling platform on Friday. The subsidiary additionally
introduced a change within the margin charge of the USD/JPY foreign money pair for
company accounts.

“Any further, fxTrade can be utilized in internet browser, cellular app and pill variations,” the dealer stated in an replace printed in Japanese
on its web site. Moreover, OANDA Securities famous that its clients who’ve already downloaded the desktop model of fxTrade can proceed to make use of the software program.

Moreover, the dealer famous that its merchants can nonetheless entry fxTrade from the desktop model of TradingView, a charting, analytics
and social networking platform that was built-in into fxTrade in March 2016.

Watch this FMLS22 session on what CFDs merchants look out for when choosing their brokers.

In the meantime, the OANDA subsidiary put the brand new margin charge of the USD/JPY
foreign money pair at 2.2%, an 0.2% enhance from the earlier 2%. This new charge will probably be carried out beginning January 30, 2023, the dealer stated, including that the change solely impacts company
accounts on its Tokyo and New York servers.

“Clients holding positions within the corresponding foreign money pair will probably be topic to a loss reduce as a result of adjustments within the margin charge in the event that they proceed to carry positions after the market closes on January 27, 2023. We advocate that you just cut back your place upfront or find the money for in your account,” OANDA Securities
stated in a
totally different replace
additionally printed on Friday.

The change within the USD/JPY margin charge comes over one month after the
Japanese subsidiary elevated
the margin charges
for the foreign money pairs NZD/USD and AUD/USD to three%
respectively. Each foreign money pairs beforehand had a 2% margin charge. Once more, the
charge enhance solely utilized to company accounts on the Tokyo and New York servers.

As well as, OANDA Securities final yr additionally enforced new margin charges for the USD/SEK, GBP/USD
and GBP/JPY
foreign money pairs. Just like the others, these charge will increase had been solely utilized to company accounts on the
dealer’s Tokyo and New York servers.

In a special improvement, in October final yr OANDA unveiled a brand new model identification and launched crypto buying and selling within the US in partnership with
Paxos, a regulated blockchain infrastructure firm.

OANDA Securities, the Japanese subsidiary of longstanding on-line foreign exchange and CFD
brokerage firm, OANDA Company, stopped new downloads of the desktop
model of its fxTrade buying and selling platform on Friday. The subsidiary additionally
introduced a change within the margin charge of the USD/JPY foreign money pair for
company accounts.

“Any further, fxTrade can be utilized in internet browser, cellular app and pill variations,” the dealer stated in an replace printed in Japanese
on its web site. Moreover, OANDA Securities famous that its clients who’ve already downloaded the desktop model of fxTrade can proceed to make use of the software program.

Moreover, the dealer famous that its merchants can nonetheless entry fxTrade from the desktop model of TradingView, a charting, analytics
and social networking platform that was built-in into fxTrade in March 2016.

Watch this FMLS22 session on what CFDs merchants look out for when choosing their brokers.

In the meantime, the OANDA subsidiary put the brand new margin charge of the USD/JPY
foreign money pair at 2.2%, an 0.2% enhance from the earlier 2%. This new charge will probably be carried out beginning January 30, 2023, the dealer stated, including that the change solely impacts company
accounts on its Tokyo and New York servers.

“Clients holding positions within the corresponding foreign money pair will probably be topic to a loss reduce as a result of adjustments within the margin charge in the event that they proceed to carry positions after the market closes on January 27, 2023. We advocate that you just cut back your place upfront or find the money for in your account,” OANDA Securities
stated in a
totally different replace
additionally printed on Friday.

The change within the USD/JPY margin charge comes over one month after the
Japanese subsidiary elevated
the margin charges
for the foreign money pairs NZD/USD and AUD/USD to three%
respectively. Each foreign money pairs beforehand had a 2% margin charge. Once more, the
charge enhance solely utilized to company accounts on the Tokyo and New York servers.

As well as, OANDA Securities final yr additionally enforced new margin charges for the USD/SEK, GBP/USD
and GBP/JPY
foreign money pairs. Just like the others, these charge will increase had been solely utilized to company accounts on the
dealer’s Tokyo and New York servers.

In a special improvement, in October final yr OANDA unveiled a brand new model identification and launched crypto buying and selling within the US in partnership with
Paxos, a regulated blockchain infrastructure firm.

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