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“Click 365 Large”, a new Forex margin trading service at the Tokyo Financial Exchange Inc. (TFX), is yet to launch, but the number of companies willing to offer this service to their clients is growing.
Japanese retail Forex broker Gaitame Online Co., Ltd today announced that it plans to add “Click 365 Large” to its offering from November 30, 2015.
The announcement from Gaitame Online comes just a couple of days after another Japanese Forex broker – GMO Click Securities, part of GMO Click Holdings Inc (TYO:7177), said it would offer “Click 365 Large” to its clients.
The new service is designed for those interested in large volume trades, with the contract size to be 10 times larger than TFX’ current FX margin product “Click 365”. The minimum tick size will be 0.1 pip (except for the EUR/USD pair), finer than the one for “Click 365”, where it stands at 0.5 pip.
The new service will go live with 5 currency pairs: USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, and EUR/USD.
To view the announcement from Gaitame, click here.
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