First Prudential Markets Ltd. — USD/JPY symbol, specs and trading conditions
USDJPY. Contract size is 100,000, minimum trade size 0.01 lots and the price quotes to 3 digits. Overnight swap is 9.54 long / -18.97 short.| Symbol on this broker | USDJPY |
| Platform | MT4 |
| Instrument class | FX major |
| Contract size | 100,000 |
| Digits | 3 |
| Minimum lot | 0.01 |
| Lot step | 0.01 |
| Maximum lot | 100 |
| Swap long | 9.54 |
| Swap short | -18.97 |
| Tick value | — |
| Trade mode | Full access |
| Execution | Market |
| Fill policy | — |
What is USD/JPY called on First Prudential Markets Ltd.?
USD/JPY is called USDJPY on First Prudential Markets Ltd.. Use that exact string in SymbolSelect() or iCustom() — MetaTrader symbol names are case-sensitive and will not resolve a close match.
Broker symbol names diverge because each one configures its own market watch. The same instrument can appear as a plain code, with a letter suffix for an account type, or under a legacy vendor name. The code above was read from First Prudential Markets Ltd.'s live server, not copied from marketing material.
What is the minimum lot size for USD/JPY on First Prudential Markets Ltd.?
The minimum trade size for USD/JPY on First Prudential Markets Ltd. is 0.01 lots, and size increases in steps of 0.01 lots — 1,000 units of the underlying at minimum.
An EA that sends a volume below this, or one that is not a whole multiple of the lot step, is rejected with error 131 (invalid trade volume) — normalise your lot size against both numbers before calling OrderSend.
What is the swap on USD/JPY at First Prudential Markets Ltd.?
First Prudential Markets Ltd. charges 9.54 to hold USD/JPY long overnight and -18.97 to hold it short. Holding short costs more than holding long. Note that the long side is positive — First Prudential Markets Ltd. pays you to hold it overnight, which is what a carry strategy looks for.
Swap is applied at the broker's daily rollover and is charged at triple rate on one weekday to cover the weekend. Work out the real cost for your position size with the swap carry calculator.
Will my EA run on First Prudential Markets Ltd. for USD/JPY?
On First Prudential Markets Ltd., trading is set to Full access, orders execute in Market mode.
Market execution fills at the available price rather than requoting, so an EA does not need requote handling — but it must tolerate slippage, and stop loss / take profit usually cannot be attached in the same call.
Run the full compatibility check for this broker with the EA compatibility checker.