Forex.com Japan, a subsidiary of GAIN Capital Japan, has launched a number of new trading tools across its platform while also shifting its customer base currently using FOREXTrader to Advantage Trader, per a company statement.
The migration is slated for August 12, 2017, which will see customers gain access to a broader platform with more currency pairs and other indicators and tools. Advantage Trader is already being utilized by a large percentage of Forex.com Japan’s customers, which acts as the group’s next generation trading module.
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Advantage Trader comes with myriad benefits for trading clients, including a pantheon of 139 sovereign indicators and 104 different kinds of automated buying and selling signals and tools. The platform also supports technical analysis and market access for clients of all types at Forex.com Japan, catering specifically to FOREXTrader users.
Despite the shift in platform focus, leverage will remain the same at Advantage Trader, though prices, spreads, and swap points will be new, coinciding a total suite of currency pairs that have increased to 84. Additionally, Advantage Trader will feature a 100% real-time loose cut application, superseding a previous New York margin call that was present on all FOREXTrader personal accounts. Consequently, for client protection, all positions in the account will be immediately cut off when the margin maintenance rate of an account falls below 100% during trading hours.
Advantage Trader will also fully transfer all account balance, open positions, and other orders from existing FOREXTrader equivalents, helping foster a more seamless transition. In select cases, clients will be notified if any logins or passwords need to be updated or changed, however the base case is a continuation of the same credentials.
Following a transition to Advantage Trader on the Forex.com Japan platform, access to FOREXTrader will not be possible after August 12, 2017.