Dukascopy Japan Secures Approval to Offer Commodity CFDs

Dukascopy Japan has introduced commodity CFD trading
following approval from Japan’s Ministry of Economy, Trade, and Industry (METI)
and the Ministry of Agriculture, Forestry, and Fisheries (MAFF). The company
can now offer commodity CFDs, such as oil, gas, and precious metals, to its
clients.

New Offerings from Dukascopy Japan

With the newly granted commodity license, Dukascopy
Japan can now offer commodity CFDs alongside its existing forex trading
services. These instruments will reportedly be accessible through both LIVE and
DEMO JForex accounts for the company’s Japanese clientele.

By leveraging its new commodity trading license, the
company positions itself to attract a wider clientele and enable it to access
commodities like oil, gas, and precious metals. This will reportedly enable
clients to diversify their portfolios and explore new market opportunities.

Commodity Trading License

Besides this, Dukascopy Japan plans to obtain the
necessary license to offer CFDs on equities in the near future. The company
expects to take advantage of this opportunity to further solidify its presence
in the Japanese financial market by broadening its trading products.

Dukascopy Japan K.K. operates as a 100% subsidiary of
Dukascopy Bank and has been a key player in the Japanese forex market since
2015. After acquiring Alpari Japan, the company restarted its operations under
the new name.

Expect ongoing updates as this story evolves.

Dukascopy Japan has introduced commodity CFD trading
following approval from Japan’s Ministry of Economy, Trade, and Industry (METI)
and the Ministry of Agriculture, Forestry, and Fisheries (MAFF). The company
can now offer commodity CFDs, such as oil, gas, and precious metals, to its
clients.

New Offerings from Dukascopy Japan

With the newly granted commodity license, Dukascopy
Japan can now offer commodity CFDs alongside its existing forex trading
services. These instruments will reportedly be accessible through both LIVE and
DEMO JForex accounts for the company’s Japanese clientele.

By leveraging its new commodity trading license, the
company positions itself to attract a wider clientele and enable it to access
commodities like oil, gas, and precious metals. This will reportedly enable
clients to diversify their portfolios and explore new market opportunities.

Commodity Trading License

Besides this, Dukascopy Japan plans to obtain the
necessary license to offer CFDs on equities in the near future. The company
expects to take advantage of this opportunity to further solidify its presence
in the Japanese financial market by broadening its trading products.

Dukascopy Japan K.K. operates as a 100% subsidiary of
Dukascopy Bank and has been a key player in the Japanese forex market since
2015. After acquiring Alpari Japan, the company restarted its operations under
the new name.

Expect ongoing updates as this story evolves.

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    StoneX Settles ICE Charges for $20,000 over Trade Practice Violations

    Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨ From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this…

    “Go Beyond Traditional Risk Management”: Brokers Must Adapt amid Hezbollah’s Pager Blast

    “Brokers’ operational systems must go beyond traditional risk management,” CFI Financial’s Global Head of Education and Research, George Khoury, told Finance Magnates amid the recent pager and walkie-talkie blasts in…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    At United Steelworkers conference, members and leaders play down election divide

    • September 20, 2024
    At United Steelworkers conference, members and leaders play down election divide

    Oil dips but poised to end week higher on Fed rate cuts, lower US crude stocks

    • September 20, 2024
    Oil dips but poised to end week higher on Fed rate cuts, lower US crude stocks

    Rising Wedge: What Is It & How Does It Work?

    • September 20, 2024
    Rising Wedge: What Is It & How Does It Work?

    Factbox-How investors buy gold and what drives the market

    • September 20, 2024
    Factbox-How investors buy gold and what drives the market

    XAU/USD: Elliott wave analysis and forecast for 20.09.24 – 27.09.24

    • September 20, 2024
    XAU/USD: Elliott wave analysis and forecast for 20.09.24 – 27.09.24

    Oil prices drift lower, but set for weekly gains after hefty Fed cut

    • September 20, 2024
    Oil prices drift lower, but set for weekly gains after hefty Fed cut