Oanda Japan, the subsidiary of the Canadian forex brokerage Oanda Corporation, announced it is expanding its trading portfolio by adding two forex pairs: Turkish Lira to Japanese Yen (TRY/JPY) and South African Rand to Japanese Yen (ZAR/JPY).
According to the company, the addition was made due to popular request and is available since September. Further details and trading conditions can be found upon client login.
Oanda Japan is the second major forex broker that adds those two forex pairs. In the summer Dukascopy Bank also launched live trading in TRY/JPY, ZAR/JPY.
Oanda Japan is part of Oanda Corporation – founded in Canada, but based in New York. It has broker subsidiaries in Canada, Europe, Asia Pacific, Australia and Japan, who are regulated by the Commodity Futures Trading Commission (CFTC), the Canadian regulators, UK’s FCA, the Monetary Authority of Singapore, the Australian Securities and Investments Commission (ASIC) and the Japanese financial regulator, respectively.
Oanda offers trading in forex, precious metals and CFDs on stock indexes, commodities and treasury bonds. It also offers financial spread betting to residents of the UK and Ireland. Trading can be carried out on the MetaTrader 4 platform and Oanda’s propriety fxTrade platform.
Earlier this year Oanda was named “Best Retail FX Platform” by the industry publication FX Week.
Last week Oanda announced it is seeking to reposition fxTrade as a data and payments platform.