Yahoo’s Gulliver FX to launch Gold, Silver and Oil products

Gulliver FX Ltd, a UK-based subsidiary of Yahoo Japan Corporation (TYO:4689), has just announced it would beef up the menu of trading instruments it offers to its clients.

The company said it would soon add Gold, Silver and Oil products to the lineup, with some tests being currently conducted. For that matter, the broker notes that the products can already be seen in the Market watch window, but their prices are only indicative at this point.

Gulliver FX is a relative newbie to the UK retail Forex market, having obtained registration with the Financial Conduct Authority (reference number 595713) on December 27, 2013. Since then, however, the company has been gradually and regularly enhancing its services – rolling out new trading instruments and improving trading conditions.

Currently, Gulliver FX offers trading on MetaTrader 4 (MT4) and WebTrader platforms, with 22 currency pairs to choose from. The leverage varies according to the instrument selected but on majors it can be as high as 1:500, quite a generous offer.

It is interesting to see Gulliver FX boost the trading instruments lineup on MT4, whereas another of Yahoo! Japan’s subsidiaries – YJFX, gave up on the popular trading platform in the autumn of 2014. What we witness is one more illustration of the simple fact that what works in the UK market may not work in the Japanese market (and vice versa).

For the official announcement by Gulliver FX on the pending product launch click here.

Read Also: