Golden Way Japan Ltd. implements "Japan's No.1 Narrowest Spread Challenge Plan"! The USD/JPY spread on MT4 will be reduced to an by-0.2 pips as a principle!



Golden Way Japan Ltd. has started the “Japan No.1 Narrowest Spread Challenge Plan” from Thursday, September 26.

This is a plan to reduce the buy/sell spreads for five major currency pairs presented as “principle-fixed” by Golden Way Japan Ltd., and to challenge achieving the industry’s narrowest spreads in the FX market.

【What is the Japan No.1 Narrowest Spread Challenge Plan?】

It is an action plan outlining how to realize the industry’s narrowest spread quotes. If, as a result of verification under the conditions and criteria set by Golden Way Japan Ltd., it is certified that other companies offer lower spreads, the plan will promptly narrow the buy/sell spreads of the target currency pairs to the narrowest or at least equivalent levels.

・Target trades

Trading in FXTF MT4 “individual accounts”

・Target spreads

Buying and selling spreads presented by Golden Way Japan Ltd.

・Target currency pairs

Dollar/Yen (USDJPY), Euro/Yen (EURJPY), Pound/Yen (GBPJPY), Australian Dollar/Yen (AUDJPY), Euro/Dollar (EURUSD))

【Real-Time Spread Verification】
On the page that measures real-time spreads from various FX companies provided by Gogojan (https://www.gogojungle.co.jp/markets/spreads), when you actually check Golden Way Japan Ltd.’s spreads for each currency pair,

indeed, the USD/JPY spread at “0.2 pips” is offered with an overwhelmingly narrow spread!

・As of September 27, 2019

Usual spreads have been reduced.


This plan is a pricing structure based on principled fixed spreads and is not a limited-time campaign. Depending on market liquidity and sharp FX movements, spreads may widen, but even in such times, it can be confirmed that Golden Way Japan Ltd.’s spreads do not widen significantly compared to other companies.

Also, in this initiative titled “Japan No.1 Narrowest Spread Challenge Plan,” in the future, based on comparisons with other companies’ spread levels and verification against Golden Way Japan Ltd.’s established standards, spreads for the relevant currency pairs may be revised or reduced to the same level. This comparison can be verified by anyone who discovers it by contacting Golden Way Japan Ltd.’s customer support. This shows the company’s seriousness about challenging Japan’s No.1 narrowest spread level.

【Benefits for EA users】

Trading targets are those on the MT4 platform provided by the company.

Not only discretionary traders who normally use MT4 but also those who use Expert Advisors (EA) will find it favorable. In particular, scalping-type EAs that currently are popular tend to repeatedly close profits, increasing the number of trades. The narrower the spread, the better the EA’s cost performance, which is certain to improve further.

In Japan, many user interfaces offering narrow spreads are provided on the company’s own platform, but Golden Way Japan Ltd. realizes these domestic narrow spreads on MT4, which also supports EA usage, making it very attractive!

【Notes】

・This plan may be changed, suspended/terminated without the consent of a third party due to external factors such as future economic and market trends, Golden Way Japan Ltd.’s financial and earnings conditions, and other circumstances.

・The FX companies used for comparison are over-the-counter foreign exchange margin trading providers.
※ This excludes overseas operators, unregistered companies, and companies less than one year old since service start. It also requires a registered Type 1 financial instruments firm status for the counterparty.

・The displayed spreads apply from Japan time 8:00 AM to the next day 5:00 AM. During the applicable hours, low liquidity periods, economic indicator releases, and extraordinary events such as natural disasters may cause spreads to widen and execution results to differ from the stated spreads.

【Important】

In foreign exchange margin trading, you deposit funds as collateral, and in reality you are trading with a much larger amount of currency than the margin. Therefore, fluctuations in the FX market can magnify your gains or losses in proportion to the leverage of trading amount to margin. Thus, losses may occur that exceed the margin amount.

• In FX margin trading, interest rate changes on the traded currency can cause swap points to switch from receive to pay.

• In rapidly changing market conditions, the bid price (selling price for customers) and the offer price (buying price for customers) spreads may widen, or the intended trade may not be possible.

• If the trading system or communications lines between the financial instrument trader and the customer fail to operate normally, orders may not be placed, executed, confirmed, or canceled.

• For corporate accounts, the amount of required margin must be at least the amount obtained by multiplying the contract amount by the currency pair’s exchange rate risk exposure ratio calculated by the Financial Futures Association. The exchange rate risk exposure ratio is calculated using a quantitative model specified in the Cabinet Order regulating financial instruments businesses.

When trading, please thoroughly understand the content of the trading manual (pre-contract documents) and engage in trading at your own decision and responsibility.

Golden Way Japan Co., Ltd.
Kantō Finance Bureau Director (Finance) Registration No. 258 / Member of Financial Futures Association / Member of Japan Investment Advisers Association