CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.
Minimum size 0.05
Contract size NZD 10,000
One Pip means 0.01 JPY/NZD
Value of one Pip JPY 100 (SGD 0.87)
Margin 5%
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 - 305.15 Contracts - JPY | 5% |
| 2 | 305.15 - 1525.75 Contracts - JPY | 5% |
| 3 | 1525.75 - 3051.5 Contracts - JPY | 5% |
| 4 | 3051.5 + Contracts - JPY | 8% |
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.
Other positions taken by clients trading this market
Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
This is calculated to the nearest 1%.
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1 Based on revenue (published financial statements, October 2022)
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