Monex extends spread reduction campaign

Japanese retail Forex broker Monex FX, part of Monex Group, Inc. (TYO:8698), has extended the period of its latest spread reduction campaign until the end of April 2016.

The campaign started in February this year and was set to end today – April 1, 2016, but the broker decided to prolong the offer until April 30, 2016.

The campaign offers lower spreads on five popular currency pairs: USD/JPY, EUR/JPY, AUD/JPY, EUR/USD, CAD/JPY, and is available to users of Monex FX Premium. During the campaign’s duration, the spread on USD/JPY is lowered to 0.5 pips; the spread on EUR/JPY, AUD/JPY and EUR/USD is cut to 1 pip; the spread on CAD/JPY is at 2.6 pips.

There is no need to apply for the lower spreads as these will be implemented automatically.

You can view the full announcement from Monex by clicking here.

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