Trade GBPJPY with us

Join those who have already recognized the best trading conditions

MARGIN TRADING INVOLVES SIGNIFICANT RISK TO YOUR INVESTED CAPITAL

Change -0.20%
Spread
Low 140.407
High 140.93
Swap Long -0.5
Swap Short -8.37
Margin Requirement 0.2%
Min Trading Size 0.01
Max Trading Size 1000
Contract Size 100000
Leverage Up To 1:500
3-day SWAPs Wednesday
Commission per lot (single side)
CLASSIC $0  PRO $3  VIP $1.5
Forex trading hours and server time
Open Monday 00:03   Close Friday 23:59  Server time GMT+2

Daily break 23:59-00:03

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About

GBPJPY

The GBP/JPY is the representation of the amount of Japanese Yen (JPY) that can be purchased for one British pound (GBP). Nicknamed the "dragon" or "widow-maker," the pair is known for its high risk, volatility and periodic wide trading ranges. The GBPJPY traits make it popular among scalpers and day traders looking for volatility, huge movements and some thrill in their trading. The best time to trade the pair though is during the Asian trading session, towards the end of the UK session. Since the JPY is a low yielding currency favorable for carry trades and the UK represents the world's largest financial center, the pair can be used as a proxy for global economic health. The pair is ideal for market 'risk-off' moves during times of market turmoil as the carry trade can get reversed regardless of the trading session in question.

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MARGIN TRADING INVOLVES SIGNIFICANT RISK TO YOUR INVESTED CAPITAL

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