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OANDA Japan Is Changing The Margin Requirements For The NZD/USD And AUD/USD Pairs
Abstract：OANDA Securities, the Japanese affiliate of online broker OANDA Corporation, has announced modifications to the margin requirement for corporate account holders for trading in two currency pairings.
The adjustment will have an impact on NZD/USD and AUD/USD markets. From the commencement of trading on December 19, 2022, the margin rate for corporate accounts on the Tokyo and New York servers will be modified as follows:
NZD/USD: 3% (formerly 2%).
AUD/USD: 3% (formerly 2%).
Customers who maintain holdings in the relevant currency pairings after the market closes on December 16, 2022, are warned that a loss reduction may occur owing to a change in the margin rate.
Please minimize your position in advance or ensure that you have sufficient cash in your account.
Remember that the USD/SEK (US dollar/ Swedish krona) margin rate for corporate accounts on the Tokyo and New York servers was adjusted on November 7, 2022. The margin requirement at OANDA Japan has been increased from 2% to 3%.
About OANDA
OANDA Corporation is a licensed market maker and trading firm. The online brokerage provides chances in well-known financial markets, such as FX. OANDA also offers leveraged trading with narrow spreads and no deposit required.
In this 2022 review, we examine OANDA's trading assets, deposit and withdrawal methods, demo account, and other features. Find out whether you should establish a real account right now.
The OANDA Group includes a number of companies that are authorised to provide goods to customers all around the world. The OANDA subsidiary with which a customer enters into a contract is determined by their country of residency. Because each subsidiary offers various goods via distinct platforms, customers will have a varied experience with OANDA based on where they live. CFDs are not accessible to traders in the United States.
You can find more of OANDA news here: https://www.wikifx.com/en/dealer/0001134561.html
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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