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CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

NZD/JPY

(NZ JP FRX)

NZD/JPY chart This market's chart. This is a visual representation of the price action in the market, over a certain period of time. You can use this to help gauge a market’s performance.

  • Costs and details
  • Markets to trade

Minimum size 0.25

Contract size NZD 100,000

One Pip means 0.01 JPY/NZD

Value of one Pip JPY 1,000 (USD 6.56)

Margin 3.33%

Minimum stop distance 6

Minimum guaranteed stop distance 10

Your aggregate position in this market will be margined in the following tiers:

Tier Position size Margin
1 0 - 30.52 Contracts - JPY 3.33%
2 30.52 - 152.58 Contracts - JPY 3.33%
3 152.58 - 305.15 Contracts - JPY 4%
4 305.15 + Contracts - JPY 15%

If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.

Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.

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  • Up to 200x leverage to start trading with minimal upfront capital*
  • Retail Clients benefit from negative balance protection meaning they can’t lose more than what was deposited into the account
  • Speculate on price changes, without having to own the underlying asset.

*Up to 200x leverage applies to Professional IG Limited (UAE) accounts and all IG International Limited accounts.**

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Up to 200x leverage*

  • Up to 200x leverage to start trading with minimal upfront capital*
  • Retail Clients benefit from negative balance protection meaning they can’t lose more than what was deposited into the account
  • Speculate on price changes, without having to own the underlying asset.

*Up to 200x leverage applies to Professional IG Limited (UAE) accounts and all IG International Limited accounts.**

Investment

  • Buy and sell over 10,000 popular shares and ETFs
  • Pay $0 commission on all US shares up to 50 trades per month

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** IG International Limited is an IG entity based in 16 Burnaby Street, Hamilton HM11, Bermuda and regulated by the Bermuda Monetary Authority.
1 Based on revenue (published financial statements, 2023)