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Instrument Name USD/JPY
Minimum Margin 5.0 %
Margin Increases At 23000000.00
Trading Hours 24 hours/day
Minimum Stop Distance 1.4000 points
Guaranteed Order Min Distance 0.50 %
Alongside the GBP / USD CFD and the EUR / USD, the dollar / yen CFD is one of the most actively traded forex CFDs. The USD / JPY CFD operates like a seesaw. As one currency strengthens the other one weakens. Forex analysts making a USD / JPY forecast, look closely at the economic data from both countries, using measures such as GDP growth, unemployment numbers and house and car buying trends. Major decisions from the US Federal Reserve and the Bank of Japan - such as interest rate changes - provide a major forex signal for the currency pair CFD.
Why trade Forex?
FX markets are open 24 hours a day meaning greater flexibility and access
Forex can be volatile and is the world's most heavily traded market
Prices are driven by central banks, interest rates and geopolitical events
High liquidity means you can trade Major FX pairs from 0.5 points
Trade on falling markets (going short) as well as rising markets
Trade on desktop, close on mobile, our accounts work on multiple devices