Trade USDJPY

Trade USDJPY on Our Lowest Spreads

The Japanese Yen is known as one of the currency majors. The single currency is the third most widely traded currency in the world behind the US dollar and the Euro.

Trading volume in the USDJPY pair is usually high when the Asian and US markets are open.

The USDJPY is slightly different to the other currency pairs in that it trades to three decimal places instead of 5.

Important Contract Specifications for the USDJPY

Contract size:
0.01 contract. This means you can trade as little as one micro lot or 1/100th of the 100,000 USDJPY contract.
Margin required: 0.5%. Therefore, to hold $100,000 worth of EURUSD CFDs you would need $500 in margin.
Comm.: There are no commissions on the USDJPY.
Spreads: Floating. This means the spread will be low during active market hours and higher during market hours.
Smallest contract size: 1/100th of a contract. You can trade as little as 1/100th of the 100,000 USDJPY contract.
Price per point: $US10. For every full contract you have, each pip movement will be $US10. A mini contract is $US1 and a micro contract is $US0.10.
Available on social trading: Yes
Liquidity: We source our liquidity for the USDJPY via a number of global liquidity providers.

Why trade the USDJPY CFD?

There are a number of benefits of trading the Dollar Yen CFD with Synergy FX. These include:

Trading hours for the USDJPY

Sessions Quotes Trade
Sunday
Monday 00:00-24:00 00:03-23:59
Tuesday 00:00-24:00 00:01-23:59
Wednesday 00:00-24:00 00:01-23:59
Thursday 00:00-24:00 00:01-23:59
Friday 00:00-24:00 00:01-23:57
Saturday

Start trading Trade USDJPY today by opening a live or demo MT4 trading account.

Why Synergy FX ?

TOP 7 FACTS ABOUT TRADING THE JAPANESE YEN

Start trading Trade USDJPY today by opening a live or demo MT4 trading account.