Company

Spread

for USDJPY

Min.

Deposit

Platforms

Offered

Account

Types

Spread

Type

Funding

Methods

Customer

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Execution

Details
CFDs are leveraged products and can result in the loss of your capital. Rankings are influenced by affiliate commissions. All information collected on 1/11/2017.

The Ultimate Guide to

Choosing a Broker
For Japan

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:

Ready?

Part 1

Why Choose
For Japan?

scored best in our review of the top brokers for japan, which takes into account 120+ factors across eight categories. Here are some areas where scored highly in:

  • + years in business
  • Offers + instruments
  • A range of platform inc.
  • 24/7 customer service
  • Tight spreads from pips
  • Used by 0+ traders
  • Offers demo account
  • 0 languages
  • Leverage up to

offers one way to trade: . If you wanted to trade USDJPY through copy trading or other means, skip to part two.

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

have a trust score, which is . This is largely down to them being regulated by , segregating client funds, being established for over years, and much more. For comparison:

Trust Score comparsion

Trust Score
Year Established
Regulated by
Uses tier 1 banks
Company Type Private Private Private
Segregates client funds

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We've compared these in detail in part three of this guide.

Part 2

Who is (& Isn’t)
Suitable For

As mentioned, allows you to trade in one way: .

Suitable for:

  • Spread Betting
  • CFD Trading
  • Forex Trading
  • Social Trading

Not Suitable for:

To trade with , you'll need a minimum deposit of $. offers a range of different account types for different traders including a , .

Finally, isn't available in the following countries: . They do not offer islamic accounts either.

Part 3

A Comparison of vs. vs.


Want to see how stacks up against and ? We've compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Fixed Spreads
Variable Spreads
EUR/USD Spread
GBP/USD Spread
USD/CAD Spread
USD/JPY Spread
DAX Spread
FTSE 100 Spread
S&P500 Spread

Comparison of account & trading features

Spread type
EUR/USD Spread
EUR/GBP Spread
Crude Oil Spread
Gold Spread Private Private Private
DAX Spread

Part 4

AvaTrade

www.avatrade.co.jp

AvaTrade are one of the leading online financial brokers around the world. They are a multinational organisation with regional offices around the globe, including one in Tokyo and several others throughout Asia. Internationally, AvaTrade are regulated by the BVI Financial Services Commission, while in Japan, AvaTrade’s subsidiary AvaTrade Japan KK, is licensed and regulated by the Financial Services Agency and the Financial Futures Association of Japan.

The company’s website is available in many different languages, including Japanese, and around the clock customer service is also available to Japanese clients. The company’s website provides access to learning materials, such as free webinars, articles, videos, eBooks, and market indicators.

AvaTrade provides its clients with access to more than 250 financial instruments across many major financial markets. Customers can trade indices, bonds, shares, cryptocurrencies, and stocks using contracts for difference (CFDs). Forex trading is also available with currency pairs such as USD/JPY, which is popular amongst Japanese traders.

Clients can access AvaTrade using a variety of devices such as mobiles, tablets, and desktop computers. A useful feature for Japanese traders is the 21-day demo account which allows customers to test their trading skills and trial AvaTrade’s platforms in an environment that mirrors live trading.

Two globally accepted deposit and withdrawal methods are wire transfer (minimum $500) and credit/debit card ($100).

XTB

www.xtb.com/int

Since their inception in 2002 in Poland, XTB have grown from a small Forex broker into a world-renowned trading services provider, enabling traders around the world to have access to more than 1500 different financial markets.

Traders from Japan can access XTB’s services through the international company, XTB International Limited (XTB), which is registered in Belize with the International Financial Services Commission (IFSC). They are also regulated throughout Europe by some of the most developed regulators, including the Financial Conduct Authority in the UK, and the German regulator, BaFIN (Federal Financial Supervisory Authority). They are also subject to the regulatory provisions of MiFID (Markets in Financial Instruments Directive), through which they provide their services throughout the EU.

The international version of their website is available in English. Through the site, clients can sign up to one of two different types of account, a Standard Account or a Pro Account. The former offer floating spreads to clients, whilst market spreads are offered to Pro clients. In Japan, clients can fund their accounts using bank transfers, debit and credit cards, or eWallets such as Skrill (or Paysafe), Neteller and Astropay. Accounts can be set up with a base currency of USD.

Top markets that Japanese traders can take positions on through XTB include the USDJPY Forex pair; US30 contract for difference (CFD); cryptocurrencies such as Bitcoin which are traded are currency pairs, for example, BTCUSD; and commodities CFDs, such as gold.

IG

www.ig.com/jp

IG are one of the leading providers of services for online traders, enabling access to a myriad of financial markets through platforms that have adopted the latest technology. Clients can trade contracts for difference (CFDs) on financial instruments such as equities, commodities, indices, and crytocurrencies. Additionally, numerous FX pairs are available, as well as Exchange Traded Funds (ETFs), which are growing in popularity.

Customers from Japan are provided with access to a Japanese language website, with a local sales office based in Tokyo. Just some of the financial products that are popular with Japanese customers include the USD/JPY currency pair, and Japanese stocks such as Nintendo, Toyota Motor Corporation, and Japan Post. These can either be traded as CFDs or spread bets, which means that Japanese customers are not restricted to placing long positions, and can go short when they believe markets will go down.

The trading platforms offered by IG include the popular MetaTrader4, as well as their own powerful proprietary software. In addition to accessing these through web browsers, clients can download an app for their mobile devices from the Google Play Store and the Apple AppStore.

With more than 40 years in the industry, and offices all over the world, the Group are subject to the regulations of many supervisory authorities. Within Japan alone, IG Securities Co. Ltd. conduct their business in line with requirements from the Japan Securities Dealers Association (JSDA), the Financial Futures Association of Japan (FFAJ) and Japan Commodity Trading Advisor Association (JCA). Traders from Japan are the primary consideration within these regulatory regimes.


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