Finance Feeds logo

Forex.com Japan starts offering trading on MT4 Web

Maria Nikolova

Clients of the Japanese broker can now make use of the web version of MetaTrader 4.

Clients of the Japanese business of Forex.com, the retail FX brand of Gain Capital Holdings Inc (NYSE:GCAP), now have access to MT4 Web, the company announced today.

The move apparently aims to attract larger clientele as the platform is suitable for FX beginners and experts alike. Plus, the trading system is familiar. Adding to the list of benefits is, of course, the fact that no download is necessary and that the platform is available directly from a browser.

Although there are some differences in the range of functionalities available to users of the desktop version of the platform and the users of the web version, let’s note that MT4 Web allows one-click trading, and gives access to more than 30 types of indicators. Various analytical functionalities are available too.

FOREX.com MT4 Web does not permit the use of EAs (expert advisors). Let’s recall that in September last year, the broker sought to distance itself  from EA sellers. Back then, Forex.com Japan noted that it is not responsible for any losses suffered due to the deployment of such products by its clients and that it will not respond to any complaints with relation to these products.

Forex.com Japan continues to be one of the handful of Forex brokers that offer trading on MT4 in Japan, in the face of the fact that a number of other retail FX brokers have dropped offering the platform. The most recent example in this respect comes from ArenaFX (now known as Excite One Inc), which in August last year unveiled its plans to stop offering MT4 to its clients.

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.

Subscribe

Read this next

Digital Assets

Abra launches prime solutions for digital assets

As an SEC-registered RIA, ACM will now operate as a fiduciary and allow clients to get exposure to the digital asset ecosystem under a separate account structure built on-chain, where clients retain title and ownership over their assets and their assets will be independently verifiable on-chain.

Bitcoin keyboard
Retail FX

Unusual Whales taps Tastytrade as exclusive options broker

“We’re huge fans of Unusual Whales and the transparency they bring to the markets, enabling traders to make informed decisions.”

Industry News

GenAI can help transform OTC derivatives markets, said ISDA whitepaper

The risks of GenAI, however, include data breaches, regulatory issues, bias, as well as sub-standard or simply false results.

Institutional FX

B2Broker ups leverage on major Forex pairs, BTC and ETH

“This strategic update not only enhances our clients’ competitive edge but also augments their capacity to cater to the evolving demands of their clientele, attract new business, and elevate their service standards by leveraging our liquidity solutions.”

Industry News

Avraham Eisenberg convicted of $110 million DEX manipulation

Avraham Eisenberg, 28, has been convicted of commodities fraud, commodities market manipulation, and wire fraud in connection with the manipulation of the Mango Markets decentralized cryptocurrency exchange.

Avraham Eisenberg was found guilty of manipulating the price of MNGO on Mango Markets
blockdag

BlockDAG Attracts $18.1M In Presale, Drawing Investors From Dogecoin And UNUS SED LEO for Potential 30,000x ROI

As the markets for Dogecoin and UNUS SED LEO exhibit volatility, a significant number of investors are redirecting their focus towards BlockDAG during its Batch 9 presale, which has remarkably gathered $18.1 million.

BlockDAG Takes over the moon centered
Digital Assets

Coinbase launches perpetual futures trading for Dogwifhat memecoin

Coinbase International Exchange (CIE) will introduce perpetual futures trading for Solana-based memecoin dogwifhat ($WIF), starting April 25. These open-ended futures contracts can be traded using the USDC stablecoin.

Dogwifhat
Digital Assets

Kraken acquires TradeStation’s cryptocurrency business

Kraken, the second-largest U.S.-based cryptocurrency exchange, has acquired the cryptocurrency arm of online brokerage TradeStation.

Retail FX

The Funded Trader is back? Traders report account closures

Prop trading firm The Funded Trader has updated its website with a few banners, nearly three weeks after it ceased all operations, with claims for a relaunch in the near future. However, there was no official statement on the relaunch on its website, Discord channel, or social media accounts yet.

The Funded Trader is back
<
✖