Rakuten Securities, Inc. — GBP/JPY symbol, specs and trading conditions
GBPJPY. Contract size is 100,000, minimum trade size 0.01 lots and the price quotes to 3 digits. Overnight swap is 2.28 long / -3.6 short.| Symbol on this broker | GBPJPY |
| Platform | MT4 |
| Instrument class | FX cross |
| Contract size | 100,000 |
| Digits | 3 |
| Minimum lot | 0.01 |
| Lot step | 0.01 |
| Maximum lot | 20 |
| Swap long | 2.28 |
| Swap short | -3.6 |
| Tick value | — |
| Trade mode | Full access |
| Execution | Instant |
| Fill policy | — |
What is GBP/JPY called on Rakuten Securities, Inc.?
GBP/JPY is called GBPJPY on Rakuten Securities, Inc.. 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 Rakuten Securities, Inc.'s live server, not copied from marketing material.
What is the minimum lot size for GBP/JPY on Rakuten Securities, Inc.?
The minimum trade size for GBP/JPY on Rakuten Securities, Inc. 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 GBP/JPY at Rakuten Securities, Inc.?
Rakuten Securities, Inc. charges 2.28 to hold GBP/JPY long overnight and -3.6 to hold it short. Holding short costs more than holding long. Note that the long side is positive — Rakuten Securities, Inc. 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 Rakuten Securities, Inc. for GBP/JPY?
On Rakuten Securities, Inc., trading is set to Full access, orders execute in Instant mode.
Instant execution means the server can reject your order and return a requote rather than filling at a moved price. An EA written for market execution needs explicit requote handling here, or it will silently stop placing trades.
Run the full compatibility check for this broker with the EA compatibility checker.