Japan completes MT4 server migration, transfer of ForexTrader accounts to Advantage Trader

Maria Nikolova

The key aim of the changes, implemented over the weekend, is to provide more stable trading environment, new trading instruments and features.

Further to FinanceFeeds’ earlier report about the Japanese business of, the retail FX brand of Gain Capital Holdings Inc (NYSE:GCAP), planning to introduce changes to its trading platforms, the company has announced that these changes were successfully implemented during a maintenance over the weekend.

The company says that accounts for the ForexTrader platform were successfully moved to Advantage Trader. In addition, the migration of a number of MetaTrader 4 (MT4) servers was successfully completed too. The purpose of the changes is to provide the clients of the broker with more stable trading environment, as well as with new trading instruments and features. The number of currency pairs available to trade, for instance, is poised to rise to 84.

Regarding MT4, Japan has published a separate announcement with instructions about the changes concerning the servers and how to log in if any questions arise following the migration. Japan continues to be one of the brokers that offers trading on MT4 in Japan, in the face of the fact that a number of other retail FX broker have dropped offering the platform. The latest example in this respect comes from ArenaFX, which earlier this month unveiled its plans to stop offering MT4 to its clients. ArenaFX’s clients have until September 30, 2017 to close all positions on the platform.

Several Japanese Forex brokers, including Japan’s retail FX giant Monex Group, Inc. (TYO:8698) and YJFX, which is owned by Yahoo Japan Corporation (TYO:4689), have halted the offering of MetaTrader 4 earlier. YJFX admitted back in the fall of 2014, when it announced its plans to terminate the offer of MT4, that its decision was sudden and provided no specific reasons for the move. After abandoning MT4 in the autumn of 2014, Monex focused on the development of its proprietary platform TradeStation.

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