Sikhula Venture Capital (Pty) 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 0.16693 long / -11.76516 short.| Symbol on this broker | USDJPY |
| Platform | MT5 |
| Instrument class | FX major |
| Contract size | 100,000 |
| Digits | 3 |
| Minimum lot | 0.01 |
| Lot step | 0.01 |
| Maximum lot | 1,000 |
| Swap long | 0.16693 |
| Swap short | -11.76516 |
| Tick value | — |
| Trade mode | Full access |
| Execution | Instant |
| Fill policy | IOC |
What is USD/JPY called on Sikhula Venture Capital (Pty) Ltd?
USD/JPY is called USDJPY on Sikhula Venture Capital (Pty) 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 Sikhula Venture Capital (Pty) Ltd's live server, not copied from marketing material.
What is the minimum lot size for USD/JPY on Sikhula Venture Capital (Pty) Ltd?
The minimum trade size for USD/JPY on Sikhula Venture Capital (Pty) 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 Sikhula Venture Capital (Pty) Ltd?
Sikhula Venture Capital (Pty) Ltd charges 0.16693 to hold USD/JPY long overnight and -11.76516 to hold it short. Holding short costs more than holding long. Note that the long side is positive — Sikhula Venture Capital (Pty) 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 Sikhula Venture Capital (Pty) Ltd for USD/JPY?
On Sikhula Venture Capital (Pty) Ltd, trading is set to Full access, orders execute in Instant mode, the fill policy is IOC.
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.