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6 Best Forex Brokers in Japan for 2025
Looking for the top forex broker in Japan? After testing 80 brokers this year, our experts have identified the 6 best options tailored to diverse trading needs, complete with practical tips.
By:
Reviewed By:
Updated: Jun 11, 2025
List of Top Forex Brokers and Trading Platforms in Japan
2,800 instruments. 51 JPY-denominated forex pairs. Commission-free trading with only spread and swap fees. Trading Academy with eBooks and videos.*
Trading Academy in Japanese. No minimum deposit. Commission-free trading account. Copy trading platform.
19 forex JPY-pairs with low spreads. Commission-free forex trading. 12,000+ stock CFDs from Japan, the US, and the UK. Feature-rich IG Securities platform and ProRealTime.
270+ technical indicators on JForex platform. COT charts, order book, and sentiment indicators. 6 order types. Optimized for algorithmic trading, API, and backtesting.
MT4, MT5, TradingView, OANDA fxTrade. OANDA Lab tools. Detailed market news and research reports. Algorithmic and social trading capabilities.
Globally recognized brand. Lightning execution speeds of about 12 ms. Feature-rich FxPro web platform and mobile app. MT4, MT5, cTrader. 2100+ tradable instruments.
*82% of retail CFD accounts lose money.
Forex and CFD Trading in Japan
While traders in Japan can trade with any international broker, the Japanese Financial Services Agency (JFSA) regulates and licenses forex and CFD brokers based in Japan through the Financial Instruments and Exchange Act (FIEA), ensuring a higher level of investor protection.
This requires brokers in Japan to be part of the Japan Investor Protection Fund (JIPF), which covers clients up to ¥10 million if the broker goes bankrupt. Each of these brokers must also meet stringent capital and operational criteria.
Moreover, the FIEA ensures that forex and CFD brokers limit retail trading leverage to 1:25. Brokers are also required to provide a negative balance protection policy to prevent accounts from dipping below zero, clearly outline the trading risks involved, and comply with strict advertising and marketing standards.
How Did FXEmpire Select the Best Brokers in Japan?
- We ensured each broker scored a rating of 4+ based on our 250-data point checklist.
- We confirmed each broker is authorized, regulated, and licensed by the Japanese Financial Services Agency (JFSA).
- We checked that you can deposit and withdraw funds in Japanese Yen (JPY).
- We assessed the range of tradable instruments, specifically focusing on JPY forex pairs and CFDs on Japanese stocks.
- We opened a live trading account to evaluate the live spreads across different instruments and test their transparency and competitiveness.
- We explored the different trading platforms to confirm they are secure, user-friendly, and feature-rich.
- We looked for educational content specifically tailored to Japanese traders.
- We investigated whether the broker has localized resources like a website, offices, and customer support in Japan.
Our team of experts has identified brokers’ strengths and weaknesses using FXEmpire’s comprehensive methodology. Here’s how we test.
Now let’s explore the selected brokers.
Best Overall
4.3
CFD Service, 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
- $100Min Deposit
- 2764Tradable Instruments
- HighFees
Why We Picked It
Founded in 2008, Plus500 is a true global broker and a publicly listed company on the London Stock Exchange. You can trade more than 2,800 leveraged financial CFD instruments across multiple asset classes, including 51 JPY-denominated instruments.
Regional Features:
- Entity for Japanese traders: Plus500JP Securities Ltd, authorized and regulated by the JFSA
- Leverage: up to 1:25
- Address: 1-5-2, Higashi-Shimbashi, Minato-ku, Tokyo
- Tradable Instruments: 2,800+ leveraged financial instruments, including 51 Japanese forex pairs, equities, and indices
- Avg. Spread: USD/JPY 0.017 pips
- Platforms: Plus 500 Proprietary Platform
In 2022, Plus500 acquired EZ Invest Securities Ltd, which is regulated by the Japanese Financial Services Authority (JFSA) and is a member of the Japan Securities Dealers Association (JSDA) and the Financial Futures Association of Japan (FFAJ). This has allowed Plus500 to enter the Japanese market and provide the safety and security to retail clients afforded by the Japanese regulator.
During our live test, I found that you can trade on more than 2,800+ leveraged financial CFD instruments covering forex, shares, indices, commodities, ETFs, and options — all commission-free. Only spreads and overnight swap fees apply. Overall, there are currently 51 Japanese forex pairs, equities, and indices available for trading. Notable markets include USD/JPY, AUD/JPY, the Japan 225 index (NIY), and key equities such as Softbank and Toshiba, among others.
I also found that the Plus500 proprietary web platform is very user-friendly. You can search for instruments easily in the search box and create your own watchlists while customizing your charts with different timeframes and indicators. The platform also features an excellent Trading Academy for beginner traders, as well as advanced market research tools for seasoned traders.
The above information is NOT relevant to EU residents. EU residents are to be serviced by European-regulated subsidiaries of the Plus500 Group, such as Plus500CY Ltd, which is authorized and regulated by CySEC, license No 250/14. Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.
Pros and Cons
Pros
- Simple-to-use platform.
- 2,800+ leveraged financial CFD instruments.
- Trading Academy.
- +Insights Analytics Tool.
Cons
- No phone support.
Best for Beginners
4.6
Trading CFDs and FX Options entail risk and could result in the loss of your capital.
- $100Min Deposit
- 853Tradable Instruments
- LowFees
Why We Picked It
Founded in 2006, AvaTrade provides an excellent range of trading products for beginner traders. This includes commission-free and demo trading accounts, copy trading services, and detailed trading courses for beginners.
Regional Features:
- Entity for Japanese traders: AvaTrade Japan Co. Ltd
- Leverage: up to 1:25
- Address: 4th floor, Akasaka Hillside Building, 2-18-1 Akasaka, Minato-ku, Tokyo 107-0052
- Tradable Instruments: 55 currency pairs, including 7 JPY pairs
- Avg. Spread: USD/JPY 1.00 pips
- Platforms: MT4, MT5, AvaTrade Web Trader
- Japanese version of the website
During our test, I found that AvaTrade’s Trading Academy offers a solid range of articles and videos for beginner traders in Japanese. The 16 modules cover topics like chart analysts, Ichimoku Kinko Hyo indicators, and Bollinger Bands, along with other technical tools, and are well worth watching.
Another useful feature I discovered is that beginner traders can trade with either a commission-free or demo trading account. The latter is an excellent way to test a broker’s service and practice your skills in a risk-free environment until you are ready to go live. Plus, there’s no minimum deposit requirement, letting you start with a small live account to get used to the psychology of trading real money.
A commission-free account can also be useful when you first start trading because most of the fees are incorporated in the spread, so there are fewer risk-management calculations to do.
Pros and Cons
Pros
- AvaTrade’s Trading Academy in Japanese.
- Commission-free trading account.
- No minimum deposit.
- Multiple platforms and tutorials.
Cons
- The number of instruments is lower than the industry average.
Best Low Spreads
4.6
69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
- $50Min Deposit
- 19234Tradable Instruments
- MediumFees
Why We Picked It
Founded in 1974, IG is one of the industry’s most reputable and largest brokers. Offering access to over 12,000 financial instruments – covering stocks, indices, commodities, bonds, binary options, and forex pairs (including 19-JPY pairs) – with low spreads, IG stands as a top broker to consider.
Key Features:
- Entity for Japanese traders: IG Securities Ltd
- Leverage: up to 1:25
- Address: 1-6-1 Roppongi, Minato-ku, Tokyo 106-6026
- Tradable Instruments: 12,000+ forex, stock, index, commodity, bonds, binary options, including 19 JPY pairs
- Avg. Spread: USD/JPY 0.008 pips
- Platforms: IG Securities Trading Platform, ProRealTime
- Japanese version of the website
During our live test, I found the spread for USD/JPY during the London and New York sessions averaged 0.008 pips. This is significantly better than the industry average of 0.05 pips for commission-free trading accounts.
I was also impressed by the availability of 12,000+ financial instruments for trading. Among the 100+ forex pairs, there are 19 JPY pairs that include popular ones like EUR/JPY and AUD/JPY, as well as exotic pairs such as INR/JPY and BRL/JPY. On top of low spreads, there is also no commission to buy or sell currency pairs.
You can access all of IG’s trading instruments through its IG Securities Trading platform. Having used this platform myself, I found it excellent for both beginner and professional traders. There are 100+ technical indicators and drawing tools, fully customizable layouts, advanced order tickets, and free market news and research.
Pros and Cons
Pros
- 12,000+ instruments to trade.
- 19 Japanese yen pairs.
- Simple, feature-rich IG trading platform.
- Low forex spreads.
Cons
- The sheer number of instruments may overwhelm some beginners.
Best Trading Platform
4.4
Trading FX, precious metals and CFD on margin (i.e. using leverage) is not suitable for everyone. Investing in such instruments involves a high degree of risk of loss. Before trading on margin you should be aware of the risks involved due to the fluctuation in the value of such instruments' prices, which can cause fluctuations in the value of your investment. Any type of market or trade speculation that can yield an unusually high return on investment is subject to unusually high risks. Large losses may be suffered within a relatively short period of time due to adverse market movements or to position build-up. Before deciding to enter into FX, precious metals or CFD trading on margin, you should carefully consider your investment objectives, level of experience, and risk appetite. You should only trade the portion of your own assets you are disposed and cannot afford to lose entirely: only your surplus funds should be placed at risk and if you do not have such surplus funds you should imperatively avoid engaging in margin trading. In case of doubts on the risks related to FX, precious metals and CFD trading on margin you should consult any independent financial advisor and request any necessary information.
- $100Min Deposit
- 1253Tradable Instruments
- MediumFees
Why We Picked It
Founded in 2004, Dukascopy is a Swiss online bank offering an outstanding trading platform for Japanese traders. With over 270+ technical indicators available on the platform and a wide range of useful trading forex trading tools, Dukascopy is a top broker to consider.
Regional Features:
- Entity for Japanese traders: Dukascopy Japan Co. Ltd
- Leverage: up to 1:25
- Address: 6th floor, Ginza Square, 2-14-4 Ginza, Chuo-ku, Tokyo
- Tradable Instruments: 48 currency pairs, 11-JPY pairs
- Avg. Spread: USD/JPY 0.007 pips
- Platforms: Dukascopy Proprietary JForex, MT4
- Japanese version of the website
During our live test, I found that traders from Japan have the option to trade using the well-known MetaTrader 4 platform or Dukascopy’s proprietary JForex platform. From my own experience, the JForex platform is far superior to the MT4 platform. Not only is it simple to use, but it also comes packed with lots of advanced features.
The JForex platform provides 10 different chart types, including point and figure bars. It supports 6 distinct order types and provides access to the order book, showing where bid and offer orders are placed. You can set customized slippage to protect your orders, and there are more than 270+ technical indicators to choose from, as well as high-level automated trading capabilities.
Dukascopy also provides extra trading tools such as sentiment indicators, market signals, and volatility trends. Traders also gain access to COT (commitment of traders) charts, which show the positioning of commercial and large hedge funds in the currency market.
Pros and Cons
Pros
- Multiple trading platforms.
- Feature-rich JForex proprietary platform.
- 270+ technical indicators.
- Wide range of trading tools.
Cons
- Customer support is slower than the industry average.
Best for Professional Traders
4.4
Your capital is at risk. Spreadbetting only available in UK.
- $0Min Deposit
- 2337Tradable Instruments
- MediumFees
Why We Picked It
Founded in 1996, OANDA provides an excellent range of professional trading products for the Japanese market. This includes 4 trading platforms featuring more than 92 financial instruments, along with access to the OANDA Lab for advanced trading tools like the order book, volatility, and sentiment indicators.
Regional Features:
- Entity for Japanese traders: OANDA Securities Co. Ltd
- Leverage: up to 1:25
- Address: 10th floor, CIRCLES Hirakawacho, 1-3-13 Hirakawacho, Chiyoda-ku, Tokyo 102-0093
- Tradable Instruments: 92 currency pairs, indices, and commodities, including 13 JPY pairs
- Avg. Spread: USD/JPY 0.005 pips
- Platforms: MT4, MT5, TradingView, OANDA fxTrade
- Japanese version of the website
During our live test, I found that you can trade from 4 professional trading platforms, which include MT4, MT5, TradingView, and OANDA proprietary fxTrade platform. Both MT4 and MT5 offer automated trading features, while TradingView shines with its web-based charting and social trading capabilities. I found the OANDA fxTrade platform to be user-friendly, although it lacks some of the advanced features found in the other platforms.
I also noted a diverse range of JPY pairs, including exotic options like MXN/JPY and CNH/JPY. Traders have the flexibility to route their trades through either OANDA’s Tokyo or New York servers, which is especially beneficial for short-term traders. I also enjoyed having access to the OANDA Lab and its valuable features, such as the order book, volatility confirmation tool, and strength/weakness indicator. These tools can help you understand market positioning more effectively.
Pros and Cons
Pros
- Multiple trading platforms.
- Advanced trading tools.
- Competitive spreads.
- Large range of forex pairs.
Cons
- Tradable instruments vary depending on which server you choose (Tokyo or New York).
Best for Scalping
4.6
73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK)
- $100Min Deposit
- 1995Tradable Instruments
- HighFees
Why We Picked It
Established in 1999 and headquartered in London, FxPro is a major force in the online trading industry thanks to its superior infrastructure of services and tools. FxPro has developed an excellent trading platform and achieves lightning-fast execution speeds, making it an ideal choice for scalpers.
Regional Features:
- Entity for Japanese traders: FxPro Global Markets Limited
- Leverage: up to 1:200
- Tradable Instruments: 2100+ including forex pairs, commodities, share CFDs, indices, cryptocurrencies, and ETFs
- Avg. Spread: USD/JPY 0.041 pips
- Platforms: FxPro Trading Platform, MetaTrader 4, MetaTrader 5, cTrader
- Japanese version of the website
I discovered that FxPro manages an average order execution speed of around 12 milliseconds, easily beating the industry average of 60 milliseconds. It also reports that 84% of client orders are filled at the requested price, or even better.
FxPro Trading Platform is innovative and versatile, with advanced charting capabilities. Scalpers can easily manipulate price action at scale and examine it from multiple angles. The platform also features over 60 analytical tools and chart configurations.
In my estimation, the most well-calibrated FxPro account for scalpers is Raw+, which features a $100 minimum deposit, raw spreads from 0.0 pips, and a $7 round-turn commission per traded lot. High-volume traders can also benefit from FxPro’s Virtual Private Server (VPS) hosting for low-latency execution and stable connectivity. The service is available for free to Premium account holders.
Pros and Cons
Pros
- Lightning order execution
- Versatile trading platform
- 2100+ tradable instruments
- Free VPS hosting for premium users
Cons
- Mixed trading fees
How to Choose a Forex Broker in Japan?
Pay attention to the following points to choose the best forex broker in Japan:
1. Look for a broker regulated by the JFSA
The Japanese Financial Services Agency (JFSA) regulates and licenses forex and CFD brokers based in Japan through the Financial Instruments and Exchange Act (FIEA). This provides a higher level of investor protection that is available to traders who use international brokers.
This is because the FIEA requires brokers in Japan to be members of the Japan Investor Protection Fund (JIPF), which covers clients up to ¥10 million if the broker becomes insolvent. It also makes it a legal requirement for brokers to segregate client funds from their own.
In addition, the FIEA limits retail trading leverage to 1:25. This means you can trade a position size that is 25 times larger than the capital you put up. This is in line with Tier-1 regulators: the UK FCA, CySEC, and ASIC restrict retail leverage to 1:30. Brokers are also required to provide negative balance protection, which means that an account cannot go below zero.
Finally, the FIEA requires brokers to provide clear information about the risks of trading and to adhere to strict advertising and marketing standards. While forex traders in Japan can trade with international brokers, a broker regulated by the JFSA will offer the highest level of safety and protection.
Read more about best regulated forex brokers in our comprehensive guide.
2. Check that the fees are transparent and competitive
Some of the trading fees you should be aware of include:
- Spread. This is the difference between the buy price and sell price of a financial instrument, and it should be as low as possible. Of the brokers in this review, the spread for USD/JPY has ranged from 1.00 pips to 0.005 pips. See our guides on the best zero spread and best lowest spread forex brokers.
- Commission. This is a fee to open and close a trade, which should also be as low as possible (many brokers in this review do not charge any commission).
- Swaps. This is the cost of holding a leveraged or margined position overnight. The swap fee is based on the two different interest rates of the currency pair you are trading on, plus a broker markup. Check out Best low swap forex brokers.
- Deposit/withdrawal fees. Some brokers may charge for depositing and withdrawing funds. These fees can differ based on the payment method.
- Inactivity fees. Some brokers will charge an inactivity fee if no trading activity has taken place over a set number of months.
You should research the fees on the broker’s website and terms and conditions document and speak to customer support to verify your findings. You can also use a demo trading account to test the broker’s fees in a risk-free environment.
3. Choose the right account type
Brokers typically offer access to various types of trading accounts, generally categorized as either commission-free with higher spreads or commission-based with lower spreads.
Beginner traders may opt for the commission-free trading account, to begin with, as most of the costs are included in the spread, making risk management calculations far easier. If you are a very short-term trader, then commission-based trading accounts may be more suitable as you need very low spreads to trade very small moves in the market.
The minimum deposit for each account type can also differ. Accounts requiring a higher minimum deposit may offer additional features, services, and more favorable trading fees.
Understanding your trading requirements is crucial for selecting the appropriate account type. Consider using a demo account to test which account is best for you. Read more about the best forex demo accounts.
4. Be careful of leverage
Leverage is a powerful tool that can magnify both your profits and losses. It allows you to control a larger position size with a smaller deposit. For example, the JFSA imposes a maximum retail trading leverage of 1:25. This means you could control a position size of ¥2500 with just ¥100 in your account.
However, it is important to use leverage carefully. Higher leverage means higher risk. If the market moves against your position, you could lose more money than you deposit. Tier-1 regulators such as the JFSA, UK FCA, CySEC, and ASIC require brokers to provide negative balance protection or a stop loss cut system to protect your account from going below zero.
Offshore and international brokers might tempt you with higher leverage, but beware: many aren’t overseen by a reputable regulatory body. However, if you’re set on pursuing higher leverage, FXEmpire offers a list of the best forex brokers with high leverage, carefully selected to suit specialized trading needs.
5. Test the trading platform
Some of the most common trading platforms include:
- MetaTrader 4: The ‘go-to’ forex trading platform known for excellent charting capabilities and customizations. Read more about best MT4 forex brokers.
- MetaTrader 5: An updated version of MT4 with more features, such as extra timeframes and indicators. Read more about best MT5 forex brokers.
- cTrader: Designed for high-frequency day traders and scalpers. Read more about the best cTrader brokers.
- TradingView: Browser-based with advanced research and charting tools for global markets. Check out our list of the best forex brokers offering TradingView.
- Broker’s Proprietary Platform: Some brokers may invest in having their own proprietary trading software.
You can also check out our dedicated guide on best forex trading platforms. We also recommend you test each trading platform using a demo account to identify the one that is most suitable for you.
What to avoid when choosing a forex broker in Japan?
Here are some things to avoid when choosing a forex broker in Japan:
- Unregulated brokers. These brokers are not subject to any government oversight, which means that there is no one to protect you in case they go bankrupt or steal your money.
- Brokers that lack transparency. If it is difficult to find information about the broker’s fees, trading conditions, or regulatory status, this is a red flag.
- Brokers with no live customer support. If you have a problem with your account, you need to be able to get in touch with someone who can help you. A broker that does not offer live customer support is not a good choice.
- Brokers who make unrealistic profit promises. No broker can guarantee you will make money. If a broker promises you big profits, they are probably not being honest with you.
If you stick with brokers regulated in Japan by the JFSA, you’re less likely to encounter these issues.
How to avoid forex and CFD scams?
Here are some tips to avoid forex scams:
- Choose a regulated broker and check its license on the regulator’s online register.
- Ensure that the broker has a physical address in a reputable country.
- Speak to customer support to make sure there are people in the business.
- Read the legal terms and conditions carefully.
- Start with a demo account.
- Only use payment methods you have heard of.
And if you are still uncertain, you can always check out our database of reviews to find the most reliable brokers.
Meet Our Experts
The team of forex and CFD writers and editors at FX Empire is composed of trading industry professionals and seasoned financial journalists. Our writers have been published on leading financial websites such as Investopedia and Forbes. In addition, they all have extensive trading experience.
Get to Know Our Authors
Dan BlystoneBroker Analyst
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
Jitan SolankiBroker Analyst
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
Plamen StoyanovBroker Analyst
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
Vladimir ZernovBroker Analyst
In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.
Is forex trading legal in Japan?
Forex trading is allowed in Japan. You can trade with international brokers or those regulated by the JFSA.
How do I verify if a forex broker is regulated in Japan?
To confirm whether a forex broker is regulated in Japan, consult the regulator's website. The JFSA maintains an online register of brokers under its regulation.
Who regulates forex trading in Japan?
The Japanese Financial Services Agency (JFSA) regulates and licenses forex and CFD brokers based in Japan through the Financial Instruments and Exchange Act (FIEA).
Are Japanese traders allowed to trade with non-JFSA-regulated brokers?
Japanese traders are allowed to trade with non-JFSA-regulated brokers, but they will miss out on the Japan Investor Protection Fund (JIPF), which covers clients up to ¥10 million if the broker goes bankrupt.
What are the leverage limits for Forex trading in Japan?
The JFSA imposes a maximum retail trading leverage limit of 1:25.
What are the top forex brokers in Japan?
Some of the top forex brokers in Japan include Plus500, Dukascopy, OANDA, AvaTrade, and IG.
Which broker is best for beginners in Japan?
AvaTrade is a strong option for beginner traders, as they offer high-quality educational materials in Japanese, no minimum deposit requirement, and commission-free account options.
Which broker is best for professional traders in Japan?
OANDA is a top broker to consider for professional traders as they offer 4 different trading platforms and advanced research tools from OANDA Lab.
What is the best forex trading platform in Japan?
Dukascopy provides one of the best forex trading platforms in Japan. Its JForex platform is feature-rich with over 270+ technical trading indicators.
Do you need to pay tax on forex trading in Japan?
Tax is payable on forex trading in Japan, but it does depend on whether you are classed as an individual or professional trader. Seek out proper advice based on your own circumstances from a tax lawyer or accountant.
Is cryptocurrency trading available in Japan?
Cryptocurrency trading is available in Japan. In 2017, the JFSA issued guidelines for crypto exchanges to register with them and adhere to certain standards.
What is negative balance protection in forex trading?
Negative balance protection is a policy in which the broker will exit your trades to ensure your account does not go below zero.
How can I verify that my broker has negative balance protection?
Read the terms and conditions document carefully. If it is not written there, it is unlikely your broker will offer it. Also, speak to customer support to check. Brokers regulated by the JFSA must offer this as part of the Financial Instruments and Exchange Act (FIEA).
What is a compensation scheme in forex trading?
A compensation scheme in forex trading is where client funds are covered up to a certain amount in case the broker becomes insolvent.
How can I verify that my broker is a member of the compensation scheme?
Read the terms and conditions carefully and speak to a customer support agent. Forex brokers in Japan regulated by the JFSA have to legally be part of the Japan Investor Protection Fund (JIPF), which covers clients up to ¥10 million if the broker goes bankrupt.
What is a segregated fund?
A segregated fund holds client funds separate from company funds to ensure the broker is not using client deposits to run the business.
How to verify if the broker offers a segregated fund?
Read the terms and conditions carefully and speak to a customer support agent. Brokers regulated by the JFSA must offer this as part of the Financial Instruments and Exchange Act (FIEA).
About the Author
Jitan SolankiBroker Analyst
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
Why you can trust FX Empire
At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.