OANDA Japan expands FX offering with addition of seven currency pairs
Online trading company OANDA Japan has expanded its Forex offering with the addition of seven currency pairs. The new trading instruments have been made available to trade on MT4 and MT5 via OANDA’s FX Tokyo server.
The list of new additions includes:
- 1.USD / MXN (margin 8%)
- 2.USD / SGD (margin 5%)
- 3.USD / CNH (margin 5%)
- 4.USD / DKK (margin 4%)
- 5.USD / NOK (margin 4%)
- 6.USD / SEK (margin 4%)
- 7.CNH / JPY (margin 10%)
The margin requirements mentioned above are for individual (retail) accounts. These will be different for pro accounts.
The minimum tradable quantity for the first six currency pairs will be 10,000 currency units, where as for the seventh pair (CNH/JPY) it will be 100,000 units (1 lot).
OANDA Japan has been regularly enhancing its offering. Earlier this year, the broker, which is a part of OANDA Corp, announced the addition of five currency pairs to its offering, effective February 1, 2021.
The list of additions includes: MXN/JPY, EUR/NZD, NZD/CAD, CAD/CHF, and NZD/CHF. These FX pairs have been made available to trade on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) via OANDA’s Tokyo server.