Japanese FX, CFD and stock broker Rakuten Securities is enhancing the trading conditions for Forex traders. Effective September 1, 2021, the company is reducing the spreads on nine currency pairs, including NZD/JPY and AUD/USD.

• The spread for NZD/JPY is reduced from 3.9 sen to 1.2 sen.
• The spread for CAD/JPY is reduced from 3.9 sen to 1.7 sen.
• The spread for CHF/JPY is reduced from 5.9 sen to 1.8 sen.
• The spread for AUD/USD is reduced from 1.9 pips to 0.9 pips.
• The spread for NZD/USD is reduced from 4 pips to 1.6 pips.
• The spread for USD/CHF is reduced from 5 pips to 1.6 pips.
• The spread for GBP/CHF is reduced from 5 pips to 2.8 pips.
• The spread for EUR/GBP is reduced from 4 pips to 1.0 pips.
• The spread for EUR/CHF is reduced from 5 pips to 1.8 pips.

Owners of Rakuten FX accounts will be able to benefit from the spread reduction. The changes apply to individual and business account customers.

Rakuten warns that the spreads may widen around certain market events, including announcements of major indicators. The widening may occur before market open too, or when there are force major events, such as natural disasters.

Let’s note that Rakuten Securities has recently expanded its lineup of exchange-traded funds (ETFs). The company has added 20 ETFs managed by US company First Trust. The new instruments became available to trade on Monday, August 30, 2021.

One of the additions, for instance, is the First Trust Cloud Computing ETF (SKYY). The linked index is made up of stocks in the cloud computing industry. It follows a modified equal weighted index designed to track the performance of companies involved in the cloud computing industry.

There are also ETFs that allow traders to invest in cybersecurity-related stocks and 5G communication technology-related stocks.