Trade South African Rand / Japanese Yen CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.01
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment¥1,000Overnight funding adjustmentCharges from full value of position0.00997 %(¥5)Trade size with leverage ~ ¥50,000Money from leverage ~ $¥49,000Go to platform: 0.00997%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment¥1,000Overnight funding adjustmentCharges from full value of position-0.01819 %(-¥9)Trade size with leverage ~ ¥50,000Money from leverage ~ $¥49,000Go to platform: -0.01819%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: JPY
• Min traded quantity: 1000
• Margin: 2.00%
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 0.05%

• Margin. Your investment: ¥1,000
• Overnight funding adjustmentCharges from full value of position: 0.00997 %
  (¥5)

• Margin. Your investment: ¥1,000
• Overnight funding adjustmentCharges from full value of position: -0.01819 %
  (-¥9)

Trade South African Rand / Japanese Yen

The base currency – ZAR. The counter currency – JPY. The ZAR to JPY chart is the South African rand to the Japanese yen currency pair. It shows how much the ZAR is worth when measured against JPY. The ZAR/JPY is an exotic currency pair that is not traded as often as the majors, but also enjoys popularity among traders. The official currency of South Africa, the rand is also a legal tender in Swaziland, Namibia and Lesotho. The rand experienced high volatility, when the currency was depreciating after the apartheid period sanctions. The ZAR looks stronger when investors decide to take on more risk in the developing countries. The official currency of Japan, the Japanese yen, is the 3rd most widely-traded currency in the world, after the American dollar (USD) and euro (EUR). It accounts for 23% of daily Forex turnover. Follow the ZAR to JPY rate and explore this noteworthy trade vehicle.