Major Japanese online broker Rakuten Securities and subsidiary of Internet services provider Rakuten Inc., has announced the addition of CFD trading services on stock indices and commodities.
The new service is planned to become available in May 2021. The application process started yesterday, 28 December – customers who have an “Rakuten FX” account were already able apply for the beta version service and will be in the beta version from 11 January 2011.
The broker will make the new offerings available through its MetaTrader 4. The maximum leverage for stocks will be 10x and 20x for commodity stocks.
The new addition to Rakuten Securities’ offering follows the addition of 41 new stocks in October, including brands like American Well Corp and Yalla Group Ltd.
The company stated:
Going forward, we will continue to provide attractive services and products that meet the needs of our customers in a safer and more secure environment, thereby further expanding our customer base and contributing to our customers’ investment activities and asset formation.
Independent writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.