Plus500 Introduce Japanese Yen (JPY) Index

Plus500 Introduce Japanese Yen (JPY) Index

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Plus500 have expanded their currency options for traders with the inclusion of a Japanese Yen Index

Investors at the CFD trading platform, Plus500 who invest in Asian currencies will be delighted to hear the news that they have expanded their options to include a Japanese Yen Index. The index details all the information traders looking to invest in Japanese Yen (JPY) needed in order to make successful investments.

The new index details information of the spread, overnight funding and details about the initial and maintenance margin, with options about the leverage in place for the Japanese index. The new Index also comes complete with a chart to indicate the price and a Traders’ Sentiment’s bar, on which, users can see how current traders are operating and how the market has looked for anywhere up to 15 months.  All of which provides you with all the details you need to make the right decision when trading Japanese Yen.

Currently, Plus500 are allowing uses to trader Japanese Yen with 5 other major fiat currencies, with the index also providing comparisons of Yen against several other major markets, including the UK, the USA and Germany. As such, you will have a complete understanding of the market at large, as well as the convenience to choose a currency option to choose you.

If you want to find out more about the new Japanese Yen Index, head over to Plus500 now. While if you are new to CFD trading, make sure you read out top 10 tips to remember guide.

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