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Japanese rejection of MetaTrader continues as Yahoo’s YJFX plans to cease offering MT4
Less than a fortnight after Japan’s retail FX giant MONEX announced the phase-out of Metatrader 4 (MT4), another leading Japanese Forex broker – YJFX, has stated that it would stop offering the ubiquitous platform to its clients. YJFX is a subsidiary of internet behemoth group Yahoo! Japan, and competes well among giants in a market which accounts for approximately 35% of all retail FX order flow worldwide. Indeed, YJFX is within the top five Japanese brokerages in terms of trading volumes. The broker did not specify the reasons for halting MetaTrader 4, admitting in its announcement that the move has been the ... (full story)