Japanese Forex and CFD broker Rakuten Securities is expanding its range of trading instruments via the addition of CFDs on WTI crude oil.
The new instruments will be available to trade from October 4, 2021. The company notes that there will be an evaluation testing period for these CFDs from September 27, 2021 to October 1, 2021. During the evaluation version trading period, Rakuten Securities clients’ can trade crude oil instruments as usual, but rate distribution may become unstable or trading may be suspended without notice.
The leverage for the new CFDs will be 20x and they can be traded on MetaTrader 4 (MT4). Let’s note that Rakuten Securities is one of the handful of Japanese brokers offering trading on the MT4 platform.
The broker expanded its range of CFDs in May this year by adding commodity CFDs.
The first commodity CFDs to join the lineup of trading instruments available to Rakuten Securities clients were CFDs on Gold and Silver. Clients of Rakuten Securities are able to trade commodity CFDs on the MT4 platform.
Earlier this year, the brokerage introduced trading in CFDs based on stock indices.