Dukascopy Bank Launches Commodity CFDs in Japan

After obtaining approval from the Ministry of Economy, Trade and Industry (METI) and the Ministry of Agriculture, Forestry and Fisheries (MAFF), Dukascopy Japan have introduced CFD commodity such as crude oil, gas and precious metals for Japanese traders.

Dukascopy's clients in Japan can use their LIVE and DEMO JForex accounts to trade the CFDs on this platform.

Dukascopy Japan K.K., the Japanese entity of Dukascopy Bank, is regulated by the Japanese Financial Services Agency (JFSA) as a Type-1 licensed broker.

The launch of the new CFDs provides Dukascopy Japan clients with more trading options, and the company is planning to further diversify the types of assets available for trading. Dukascopy Bank revealed that Dukascopy Japan's next plan is to obtain a license for equity CFDs.

“Operating in Japan, one of the world's largest FX market places with very strong competition and strict regulations, remains an important element in the strategy of Dukascopy Bank,” Dukascopy stated.

In 2015, Dukascopy Bank acquired the Japanese entity of bankrupt Alpari UK and relaunched its FX trading operation as Dukascopy Japan K.K. in October of that year.