DMM FX Waives Deposit Fees, Adds Negative Balance Protection

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DMM FX Waives Deposit Fees, Adds Negative Balance Protection

Postby kreslik.news » Tue Feb 09, 2016 12:07 pm


Japanese powerhouse DMM FX has announced that the company is waiving the fees it was charging on deposits. The brokerage has also waived fees on withdrawals for clients that are withdrawing over 1000 units of their base account currency (100,000 for Japanese yen).

A bit over a year after the demise of the brokerage industry caused by the Swiss National Bank (SNB) induced turmoil, DMM FX has also decided to introduce a negative balance protection assurance for its clients.

With a number of currency pegs under threat due to falling oil prices, incoming excess volatility in the foreign exchange markets may ... (read more)

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