Conditions have been relaxed, and there are still days to spare, so take 3000 yen now ♪
Money Partners is using FX news as abundant and the search function as excellent, so I’m using it to gather information by depositing 10,000 yen, and now I have an additional 100,000 yen deposited to hold 100,000 currency units of MXN/JPY (Mexican peso/Japanese yen).
I have written that the peso/yen is heavily long on GMO CLICK Securities’ FX as well (currently around 700,000 currency units).
Q. Then why are you also taking a position with Manepa?
A. It is to get 3,000 yen from a campaign that even people who already opened accounts can participate in.
Yes, I’m sorry for the predictable answer.
'Would you really come for just 3,000 yen after earning tens of thousands or hundreds of thousands?'
You might think so, but I will certainly take it.
Facing the risk of losing tens of thousands in risky FX is different from campaigns or points sites that offer almost no risk and give rewards.
Even if you consistently pour hundreds of thousands into speculative funds, using a clever points site to issue credit cards for nearly 10,000 yen in rewards, or getting a few tens of yen through P sites when shopping at Rakuten Ichiba, is Nemu-Gon’s raison d’être and pleasure (*^^*)
Now, about Manepa’s campaign, normally it targets new customers, but this time even existing account holders can receive 3,000 yen.
Moreover, on 9/28 the conditions were relaxed, making it really easy to aim, so I’ll introduce it keenly.
1. Since 2017/5/10, "Partners FX" ← customers who have not traded with Manepa
2. Trade 100,000 currency units with Manepa
3. Present documentation showing at least one trade with another company
You will undoubtedly get 3,000 yen.
Before 9/28, it was required to present something like “a record of FX trading volume for a period of more than one month,” which left many people who opened several accounts just for the campaign and didn’t trade for a month or more, claiming it was not valid (note: in reality a month’s continuous trading might not have been required…).
Now it clearly states [trading with another company at least once], so it’s safe to participate, right?
Also, regarding the 100,000 currency units trade, normally a currency pair with a smaller spread, such as ZAR/JPY (South African rand/Japanese yen), would count 100,000 units as 10,000 units, but there seems to be no such rule in the terms.
What’s more, Manepa has a smaller spread than rand for the Mexican peso.
Thanks to competing with GMO CLICK Securities in Mexico, the swap is
10,000 currency units about 61,700 yen per day, roughly 15 yen per day
Now, annual interest calculation: 15 yen × 365 days = 5,475 yen
5,475 ÷ 61,700 ≈ 8.87% annual yield
As for IG Securities’ Brazilian real swap turning bad as I wrote before, this could be a workaround instead.
Could be viable as well as a substitute?
Well, leaving that aside for now and considering only campaign-focused opportunities,
the cost is about 500 yen in spread for 100,000 currency units, approaching the benefits of the USD/JPY pair.
Moreover, the notional value can be as high as 610,000 yen for 100,000 currency units in one go
I deposited 100,000 yen and opened 10 positions at once.
And, if settled immediately, you’d lose 500 yen, so I left it as is, and the swap earns around 150 yen daily, which is quite nice.
The 15 yen interest from the campaign is until this month, but if it can be maintained near this level, you could dive deeply into pesos as well.
If you don’t have long-term trading with Manepa and have accounts with other companies, please give it a try.
And for meeting the 100,000 currency units condition, the Mexican peso is advantageous too, I’ll note.
※ I wanted to show supporting evidence, but I can’t log in on Saturdays, sorry.
(I often write blog posts on weekends, so I wish all brokers allowed Saturday login)
Please check the detailed conditions here
If you create a card or open an FX account, you can receive a high reward exceeding 10,000 yen.
【Points site Hapitas】
(Please rewrite this part for publication to the purchaser)
