Forex
Trade ZARJPY: South African Rand / Japanese Yen
Trade South African Rand / Japanese Yen CFDs long or short with leverage up to 1:2000 from 0.01 lots, on a web platform for desktop and mobile.
ZARJPY contract specifications
Everything to know before your first trade.
- Symbol
- ZARJPY
- Market
- Forex
- Contract size (1 lot)
- 100,000 ZAR
- Maximum leverage
- 1:2000
- Minimum trade (lots)
- 0.01
- Maximum trade (lots)
- 100
- Volume step
- 0.01
- Price step
- 0.001
- Spread
- Floating
- Swap (long / short)
- 0.00 / 0.00
- Trading hours
- Sun 21:00 – Fri 21:00 (22:00 in winter)
Trading ZARJPY by account type
| Account | Max leverage | First deposit | Average spread | Margin call | Stop-out |
|---|---|---|---|---|---|
| Standard | 1:2000 | 10 USD | Floating | 60% | 50% |
| Swap-Free | 1:2000 | 250 USD | Floating | 60% | 50% |
| Pro | 1:2000 | 1,000 USD | Floating | 50% | 30% |
| Elite | 1:2000 | 5,000 USD | Floating | 50% | 30% |
How much is a ZARJPY price move worth?
On ZARJPY, every pip (0.01) is worth 1,000 JPY per lot, that is a contract of 100,000 ZAR.
Margin to open a trade = contract size × price × lots ÷ leverage. Higher leverage means less margin and more risk.
ZARJPY trading questions
What is the contract size of ZARJPY?
One lot of ZARJPY equals 100,000 ZAR. The minimum trade is 0.01 lots and the maximum 100 lots.
What is the maximum leverage on ZARJPY?
Up to 1:2000, and you choose the leverage of each account yourself inside the platform.
When can I trade ZARJPY?
Sun 21:00 – Fri 21:00 (22:00 in winter).
Can I try ZARJPY before depositing?
Yes, open a free demo account with 10,000 USD and practise on ZARJPY before you deposit.
Start with a demo or a live account
The demo account runs on the same platform with virtual funds, and you can open a live account when you are ready.