CFDs are a leverage product and can involve a significant risk of loss. Trading CFDs may not be suitable for all, therefore you should ensure that you understand the risks involved and take into account your individual circumstances.

Trade GBPJPY with FxPro

Swap Long: -0.68 Points

Swap Short: -7.52 Points

  • H1
  • D1
  • W1
  • MN1
Past performance is not a guarantee of or prediction of future performance.
Spread MT4 floating
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Trading CFDs involves significant risk of loss



Instant execution

Floating spreads
Minimum: 1.90
Average: 3.41
Fixed spreads

See below


Market execution

MT4 / MT5
Floating spreads
Minimum: 1.90
Floating spreads
Average: 3.14
Floating spreads
Average: 3.43
Minimum: 0.70
Average: 1.39

Trading Conditions

Leveragemore info
MT4 / MT5 Limit and Stop Level0.020
cTrader Limit and Stop Level0
Minimum contract size0.01 lot
MT4 / MT5 1 lot size100000 GBP
1 TICK value per 1 lot in USD1000 / USDJPY Rate
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position*0
Fixed spreads 08:00 am - 08:00 pm (UK time)2.7
Fixed spreads 08:00 pm - 08:00 am (UK time)3.3
Fixed spreads 09:15 pm - 10:50 pm (UK time)4.5
Fixed spreads abnormal market conditions **5.0
Fixed spreads Limit and Stop Level0.100

Market execution

MetaTrader 4
Minimum: 1.90
Maximum: 3.41
MetaTrader 5
Maximum: 3.43

Trading Conditions

MT4 / MT5 Limit and Stop Level:0.020
cTrader Limit and Stop Level:0
Swaps (Long& Short) per Annum:
Minimum contract size:0.1 lot **
MT4 / MT5 / CTrader 1 lot size:100000 GBP
1 PIP value per 1 lot in USD:1000 / USDJPY Rate
Minimum step for increasing contract size:0.01 lot
Margin requirements to open a lock position*:0
Max Exposure:
Execution Mode:
Trading Hours:

1: Available to clients of FxPro UK Limited and FxPro Global Markets Limited.

Trading CFDs on Cryptocurrencies is currently not available to clients of FxPro Financial Services Ltd and FxPro Global Markets MENA Ltd.

Trading time (UK time) 10:00 PM Sunday - 10:00 PM Friday

* - Only if Margin Level > 100%

** Abnormal market conditions refers to section 6.12. of our Order Execution Policy

For USDCNH Maximum volume per ticket is 10 lots. Fixed spreads shall only apply for ‘Instant Orders;’ all other order types shall be subject to the Order Execution Policy.
The above spreads are applicable under normal forex trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

The GBP/JPY pairing is a high risk, volatile currency combination, aptly termed ‘The Widow-Maker’. It is defined by large movements in price relative to most other pairs; indeed, during the financial collapse of 2008, it moved over 7,000 pips, a phenomenon that was simply unheard of.

Depending upon your individual trading style, this volatility is either a very good thing, or a very bad one. The GBP/JPY traits mean that it’s an optimal choice for traders looking for volatility or large movements, but it should only ever be traded where protective stop-loss orders are used. The significant risks it poses make it highly unsuitable for novices, but turn it into an ideal moneymaking instrument for those with more experience and a libertine approach to risk.

If the GBP/JPY currency combination would sit well in your portfolio, contact FxPro today.

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