5 Best Forex Brokers in Japan for 2026
Japanese traders looking for a forex broker have needs beyond just the platform choice and spreads. There are also questions such as local regulation, fair pricing, support in the Japanese language, and methods of payment that accept yen. By using the FXEmpire 250-point rating system, I have found the 5 best available for traders to choose from.
- Rankings are not for sale — the order comes from our test scores; no broker can pay for a higher spot.
- The authority on broker reviews since 2011 — traders have relied on our independent broker testing for over a decade.
- 80+ brokers tested every year — we test the whole market, so we know the benchmark — and which brokers actually beat it.
- Every broker takes the same test — one published scoring system: 9 weighted categories, 250+ variables, measured hands-on by our analysts.
- Every fact is checked twice — a dedicated editor re-verifies each data point, from licenses to spreads, before publication.
Top-tier regulation and transparency are two of the most important things to consider, and I included that thought process in this evaluation. Costs, spreads, and fees, and available platforms were all part of the scoring as well. Using these results, I have compiled this list for your consideration.
List of Top Forex Brokers and Trading Platforms in Japan
*80% of retail CFD accounts lose money.
**AvaTrade doesn’t allow CFD trading in Spain; only Futures are available.
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
Plus500 | 4.3 | 3.3 | $100 | 1:30 (ASIC) 1:30 (FMA) · 1:30 (FSCA) · 1:300 (FSA) · 1:30 (FCA) · 1:20 (MAS) · 1:30 (EFSA) · 1:30 (CySEC) · 1:30 (DFSA) · 1:200 (SCB) | Plus500 Web Platform, Plus500 Mobile App | CFD Service, 80% 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 |
AvaTrade | 4.5 | 4.2 | $100 | 1:400 (FSCA) 1:30 (CBI) · 1:200 (BVI FSC) · 1:30 (ASIC) · 1:400 (ADGM) · 1:25 (JFSA) · 1:30 (ISA) · 1:30 (CySEC) | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. |
IG | 4.7 | 3.8 | $50 | 1:30 (FCA) 1:30 (JFSA) · 1:200 (BMA) · 1:30 (BaFin) · 1:50 (NFA) · 1:30 (ASIC) · 1:30 (FINMA) · 1:20 (MAS) · 1:30 (DFSA) · 1:30 (FSCA) | MT4, ProRealTime, L2 Dealer, TradingView, IG Online Platform | 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 |
OANDA | 4.4 | 3.9 | $0 | 1:30 (FCA) 1:50 (CFTC) · 1:50 (NFA) · 1:25 (FFAJ) · 1:30 (ASIC) · 1:50 (CIRO (IIROC)) · 1:20 (MAS) | MT5, MT4, OANDA Trade Web Platform | Your capital is at risk. Spreadbetting only available in UK. |
FxPro | 4.3 | 3.0 | $0 | 1:30 (FCA) 1:10000 (FSA) · 1:200 (SCB) · 1:30 (CySEC) | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 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) |
How Did I Select the Best Brokers in Japan?
- Only brokers that accept clients from Japan and provide localized services.
- Preferably authorized by the Japanese Financial Services Agency (JFSA) or other respectable regulators that oversee brokers operating in Japan.
- Depositing and withdrawing funds in Japanese yen (JPY) is possible.
- Specifically focusing on JPY forex pairs and CFDs on Japanese stocks.
- I opened a live account to check spreads and fees.
- I looked for professional and reliable platforms at each firm.
- Educational content specifically tailored to Japanese traders.
- Japanese language websites and support.
Best Overall
- $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:
- Japanese traders: Plus500JP Securities Ltd, authorized and regulated by the JFSA
- Leverage: up to 1:25
- Office Address: 1-5-2, Higashi-Shimbashi, Minato-ku, Tokyo
- Japanese-focused Instruments: 51 Japanese forex pairs, equities, and indices
- Avg. Spread: USD/JPY 1.17 pips
- Platforms: Plus500 Web Platform
Plus500 is regulated by the Japanese Financial Services Agency (JFSA), being a member of the Japan Securities Dealers Association, and the Financial Futures Association of Japan. Regulation and client protection are at the forefront.
There are more than 2,800 assets available for trading at Plus500, covering currencies, shares, indices, commodities, ETFs, and options. There are no commissions, with the spreads and overnight swaps being the only fees. There are 51 yen-denominated pairs, equities, and indices offered. Some of the more notable markets are USD/JPY, AUD/JPY, the Japan 225 index, and stocks like Toshiba, Softbank, and others.
Plus500 uses a proprietary web-based platform, and I found it easy to navigate. There is a handy search box for assets, and you can create your own watchlists. Their platform also is connected to a Trading Academy for beginners, as well as market research and tools.
Pros and Cons
- Simple-to-use platform
- Over 2,800 assets
- Trading Academy
- +Insights Analytics Tool
- No phone support
Best for Beginners
- $100Min Deposit
- 1472Tradable Instruments
- MediumFees
Why We Picked It
AvaTrade began in 2006 and is known around the world. It has a large range of instruments and platforms for beginner traders to check out, and even offers copy trading services on the platform. The commission-free trading allows for new traders to focus on their strategies, and the detailed trading course is geared with the needs of a beginner in mind.
Regional Features:
- Entity for Japanese traders: AvaTrade Japan Co. Ltd, regulated by the JFSA
- 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 1.0 pips
- Platforms: MT4, MT5, AvaTrade Web Trader
- Japanese version of the website
The educational material is a strong selling point of AvaTrade, and is a great benefit for new traders to take advantage of. AvaTrade Academy is geared heavily toward the technical analysis side, and I found the information to be well-documented and clear.
AvaTrade has no minimum deposit to open an account, so traders can test out the broker with a small sum of money while getting used to the features and various platforms offered. The commission-free account includes all of the fees in the spread, allowing newer traders to focus solely on the execution of trades.
Pros and Cons
- AvaTrade Academy available in Japanese
- Commission-free account
- No minimum deposit required
- Several platforms
- Lower number of instruments than some competitors
Best Low Spreads
- $50Min Deposit
- 19234Tradable Instruments
- MediumFees
Why We Picked It
IG has been around since 1974, making it one of the most reputable and largest brokers in the world. Allowing access to over 17,000 markets, covering forex, stocks, indices, bonds, commodities, and binary options, traders would be hard-pressed to “outgrow” this firm. Low spreads are where this broker really shines.
Regional Features:
- Entity for Japanese traders: IG Securities Limited, regulated by the JFSA
- 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 0.08 pips
- Platforms: IG Securities Trading Platform, ProRealTime
- Japanese language website available
The spread on the USD/JPY pair during the London/New York overlap session averaged a tiny 0.008 pips. This is below the industry average of 0.05 pips for commission-free accounts.
IG’s forex offering includes over 100 pairs, with 19 being yen-related. This includes all the ones you would expect like the EUR/JPY, NZD/JPY, USD/JPY, and so on. There is also access to exotic pairs, such as the INR/JPY and BRL/JPY markets.
The IG Securities platform is excellent from my testing, and ProRealTime is also offered, which has been one of my favorites for years. The IG platform has over 100 technical indicators, fully customizable layouts, and advanced order types. Market research and news is also available on the platform.
Pros and Cons
- Over 12,000 markets to trade
- 19 JPY pairs
- Low spread
- Some traders report slow support response times
Best for Professional Traders
- $0Min Deposit
- 2337Tradable Instruments
- MediumFees
Why We Picked It
Oanda was founded in 1996, and it is one of the biggest names in retail forex trading. The firm offers four trading platforms, as well as 92 assets for trading. There is also the OANDA Lab for advanced tools that traders love, including order books, volatility instruments, and sentiment indicators.
Regional Features:
- Entity for Japanese traders: OANDA Securities Co. Ltd, registered with the Institute Financial Futures Association of Japan (FFAJ)
- 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 0.05 pips
- Platforms: MT4, MT5, TradingView, OANDA fxTrade
- Japanese version of the website
There are four platforms that OANDA offers Japanese clients, including MetaTrader 4, MetaTrader 5, TradingView, and the OANDA fxTrade platform. The MT4 and MT5 platforms are well-known for their ease of use and automated trading capabilities. The TradingView platform is a favorite of traders as well, with excellent charting abilities. The OANDA fxTrade platform has been around for years and is a reliable option.
Yen trading includes AUD/JPY, USD/JPY, and even some smaller markets like MXN/JPY and CNH/JPY. Japanese traders have a choice to route their order through either OANDA’s Tokyo or New York servers, which can be beneficial for short-term traders, depending on the time of day. OANDA’s Lab remains one of the most innovative outlets for a brokerage firm, as the list of tools continues to grow.
Pros and Cons
- Multiple trading platforms
- Professional trading tools
- Low spreads
- Large range of currency pairs
- Trading instruments vary depending on the server
Best for Scalping
- $0Min Deposit
- 2090Tradable Instruments
- HighFees
Why We Picked It
Based out of London, FxPro has been operating since 1999. FxPro has spent extensively on the infrastructure and services side of its business. This includes its proprietary trading platform, FxPro Trading Platform. This broker boasts fast execution speeds, making it an ideal place for scalpers to trade. For those looking to trade on a familiar platform, MT4 and MT5, TradingView, and cTrader are all offered.
Regional Features:
- Entity for Japanese traders: FxPro Global Markets Limited, regulated by the Bahamas SCB
- Leverage: up to 1:200
- Tradable Instruments: 2100+ including forex pairs, commodities, share CFDs, indices, cryptocurrencies, and ETFs
- Avg. Spread: USD/JPY 0.41 pips
- Platforms: FxPro Trading Platform, MetaTrader 4, MetaTrader 5, cTrader, TradingView
- Japanese version of the website
The execution speed at FxPro has an average execution time of 12 milliseconds, making it much faster than the industry standard of 60 milliseconds. The firm reports that 84% of orders are filled at the requested price or better.
I really liked the FxPro Trading Platform, as it was versatile and had advanced features that most traders will need. Scalpers have the ability to manipulate price action and scale to examine the market from multiple angles. The platform features over 60 of the most common indicators as well.
The FxPro account that makes the most sense to me for scalpers would be Raw+, which has a minimum deposit of just $100, raw spreads from 0.0 pips, and a $7 round-turn commission per traded lot. There is also the ability to use a Virtual Private Server (VPS) for low-latency execution and stability. This service can cost traders, but it is free to Premium account holders.
Pros and Cons
- Fast execution
- Great proprietary platform
- Over 2,100 markets
- VPS is free for Premium accounts
- Some fees slightly higher than average in some markets
All the Brokers We Tested
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About the Authors
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.
Christopher Lewis is an experienced trader and technical analyst specializing on currencies, indices, and commodities. He also has been working as a proprietary trader for institutional accounts. Chris has been an FXEmpire analyst since the site's early days and shares his trading insights on his own blog, The Trader Guy. His sharp, practical understanding of the trading industry means he knows forex and CFD brokers inside-out, so you can trust his guidance on how they work and which one to choose.
Amy leads the prop trading area at FXEmpire, collaborating closely with industry experts to deliver insightful and trustworthy reviews. Her work ensures that readers gain transparent, reliable guidance in navigating the fast-evolving world of proprietary trading firms.
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.