Australia-regulated forex broker DMM FX, part of Tokyo-based forex group DMM Group, has introduced the Japanese Yen, JPY, as a base currency via the Standard Trading Accounts it offers, the broker said last week. The JPY has been made available to customers using either the demo or the live account types.
Now the broker accepts AUD, USD, EUR, GBP, JPY and NZD as deposit currencies.
In addition, DMM FX has changes the minimum withdrawal amount on the My DMM FX trading accounts to 25 account currency units, or JPY 25,000. The change has been put into practice as of 28 November, 2015.
DMM FX, a broker of forex and contracts-for-difference (CFDs), is registered and licensed with the Australian Securities and Investments Commission (ASIC). It offers a single trading account type, with 600: 1 leverage, fixed spreads from 0.5 pips and $200 minimum deposit. The account has no limits on the number of open positions or pending orders, which makes it a good choice for Martingale and grid traders .
DMM Options, also part DMM Group and the trade mark of DMM FX Australia, said earlier this month it has ceased offering binary options trading services as of 21 November, 2015, without explaining its decision. It said at the time it would focus on providing a market leading forex trading service instead.
Digital Media Mart, or DMM Group, consists of the companies with licenses by the ASIC and Japan’s Financial Services Agency (FSA).
Source: dmmfx.com.au
