EUR/NOK trading condition at OANDA Japan changes, with the margin rate increasing from 2% to 3% as of May 30th, 2022.

Online broker OANDA Japan, has made changes to the trading conditions for the EUR/NOK pair. The company explained that, given the current market situation, they have increased the margin rate for company accounts since May 30, 2022. The change concerns business accounts using fxTrade (NY server). The margin rate for the EUR/NOK pair changed from 2% to 3%.

OANDA added that after the increase, the margin level could be revised again depending on market conditions. The broker recommends to clients to ensure that they have sufficient funds in the live account.

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New Indicators for Clients

Two months ago, OANDA Japan had the opportunity to improve the education section of OANDA Lab by introducing a new indicator called OANDA_Support_Resistance.

This indicator is intended for traders using MT4/MT5. As the name suggests, OANDA_Support_Resistance represents support and resistance levels on the chart. Specifically, levels are calculated using fractals on three-time axes: long-term, medium-term, and short-term, where support and resistance levels are shown as dots.

In January 2022, the company introduced OANDA Trading Analysis to help to analyze the trading results of a particular strategy, including profit, loss, risk, etc. In this way, clients can judge whether their trading strategy is successful or not.

Another interesting addition is the ranking of Forex trading instruments, CFDs, stock indices, commodities, and bonds according to changes in their prices (up or down). This ranking lists the top 10 movers for the last day.