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Best Forex Brokers in Japan

Japan has one of the strongest economies, third most traded currency, and a tier 1 regulatory framework. Therefore, many brokers offer their services in Japan. To help you start trading with the best, we have carefully reviewed many brokers and created a list of the 10 best for you. 

Order by
21TIOmarkets trusted Investor protectionBonusLoyalty Deposit Bonus by TIOmarkets800+ Stocks and Multiple MarketsMin deposit $20Max leverage 1:500 - Unlimited (Terms apply)Regulated by FSA, MISA, FCAAdd to compare listRating 4.5 / 5Start trading
Pros, cons & fees
Low Minimum DepositUnlimited LeverageCopy and Islamic TradingRead review
Pros
  • Unlimited Leverage: Traders can access unlimited leverage on the Standard account through MT5, subject to the broker's terms and conditions.

  • Commission-Free Trading: Traders can trade with $0 commission per lot on TIOmarkets’ Standard and VIP Black accounts.

  • Low Trading Costs: Raw spreads start from 0.0 pips on the Raw account while Standard and VIP Black accounts offer commission-free trading.

Cons
  • Unlimited Leverage Has Restrictions: The broker can reduce available leverage during high-impact news events and around weekends.

  • Higher Minimum Deposit on Some Accounts: Raw requires $250, while VIP Black requires a minimum deposit of $1,000.

  • Bonus Availability: The 30% loyalty bonus comes with specific terms and is available only under certain conditions.

Withdrawal fee $0 for withdrawals of $20 or more (conditions apply)Deposit fee $0 for deposits of $20 or more
22NPBFXBonusUp to 30% deposit bonus1:200 Max LeverageMin deposit 10$Max leverage 1:200Regulated by FSCAdd to compare listRating 4.4 / 5Start trading
Pros, cons & fees
Pros
  • Competitive Spreads and Leverage

  • Fast Order Execution

  • Flexible Trading Strategies

Cons
  • Lack of Major Regulatory Oversight

  • Limited Platform Options

  • Limited Educational Resources

Deposit fee No
23InstaforexBonus30% deposit bonusBest Offer On BonusesRegulated by FSC (BVI)Add to compare listRating 4.4 / 5Start trading
Pros, cons & fees
Specialized trading accountsRead review
Pros
  • Wide Range of Trading Instruments

  • High Leverage Options

  • Low Minimum Deposit

Cons
  • Not Regulated by Top-Tier Authorities

  • Mixed User Reviews

  • High Spreads on Some Account Types

24FIBO GroupBest Beginner BrokerRegulated by CySEC, FSCAdd to compare listRating 4.4 / 5Start trading
Pros, cons & fees
Specialized trading accountsRead review
Pros
  • Wide Range of Trading Instruments

  • Multiple Account Types

  • High-Quality Trading Platforms

Cons
  • Limited Educational Resources

  • Higher-than-Average Spreads

25Hantec Markets1:500 Max LeverageMin deposit $10Max leverage 1:500Regulated by FCA, FSCAdd to compare listRating 4.3 / 5Start trading
Pros, cons & fees
Swap Free AccountsWide range of trading instrumentsAffiliate ProgramRead review
Pros
  • Strong Regulation

  • Fast Execution Speeds

  • Low Minimum Deposit

Cons
  • Lack of Proprietary Platform

  • Limited Educational Resources

  • Some Reported Withdrawal Issues

Withdrawal fee $0Deposit fee $0
26AVATradeBonusWelcome Deposit Bonus by AvaTradeBest User Friendly BrokerMin deposit $100Max leverage 1:400Regulated by CySEC, ASIC, FSA (SV)Add to compare listRating 4.3 / 5Start trading
Pros, cons & fees
Specialized trading accountsRead review
Pros
  • Highly Regulated and Trustworthy

  • Excellent Educational Resources

  • User-Friendly Platforms

Cons
  • High Inactivity Fees

  • High Pricing for Retail Accounts

  • Does Not Allow US & Canadian Clients

Withdrawal fee $0Deposit fee $0
27FXCMBonusWelcome Bonus Offer by FXCMRegulated by FCA and ASICRegulated by ASIC, CySEC, CIRO +1Add to compare listRating 4.3 / 5Start trading
Pros, cons & fees
Pros
  • Regulated by Top-Tier Authorities

  • User-Friendly Proprietary Platform

  • Competitive Spreads for Active Traders

Cons
  • Limited Product Portfolio

  • High Bank Withdrawal Fees

  • No Two-Step Authentication on Trading Platforms

28Switch MarketsBonus100% deposit bonusAutomated Trading StrategiesMin deposit $50Max leverage 1:1000Regulated by VFSC, FSA (SV), ASIC +1Add to compare listRating 4.3 / 5Start trading
Pros, cons & fees
Free VPS hosting24/7 Customer Support100% Credit BonusFree AlgoBuilderFree EA ToolsRead review
Pros
  • Wide Range of Tradable CFDs: Switch Markets offers over 1,000 tradable assets across six markets like forex, commodities, shares, ETFs, cryptos, and indices.

  • Advanced Free Trading Tools: Switch Markets provides clients with a variety of free trading tools, including a VPS, PineConnector, AlgoBuilder (an AI trading tool that enables traders to automate their trading without coding skills), and TrackATrader to enhance their trading experience.

  • Islamic Swap-Free Trading Account is Available: Switch Markets offers an Islamic (swap-free) account, enabling traders to hold positions overnight without paying swap fees.

Cons
  • No Rebate Program: Switch Markets does not offer a rebate program for active traders who trade high volumes, but by becoming a VIP, there is an option for lower commissions.

  • No Phone Support: Phone support is not available 24/7, but there is an option to book a callback.

Withdrawal fee $0Deposit fee $0
29DuraMarketsBonus250% deposit bonus250% Deposit BonusMin deposit $10Max leverage 1:500Regulated by MISAAdd to compare listRating 4.3 / 5Start trading
Pros, cons & fees
24/5 Customer SupportRead review
Pros
  • Low Barrier to Entry: Traders can start trading with a very low minimum deposit of $10, making the broker accessible to many new traders.

  • MetaTrader 4 & 5 Trading Platforms: DuraMarkets offers access to both MetaTrader 4 & 5 trading platforms.

  • Swap-Free Islamic Account Option: The company offers a dedicated swap-free trading account for traders who want to avoid overnight swap fees.

Cons
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  • Lack of Tier 1 Regulators: DuraMarkets lacks the oversight of a Tier-1 regulator like ASIC, CySEC, NFA, or FCA.

  • Crypto-Only Payments: The broker exclusively accepts cryptocurrency for deposits and withdrawals, which may be inconvenient for traders who prefer traditional payment methods.

Withdrawal fee $0Deposit fee $0
30IQ BrokerUp To 1:3000 LeverageMin deposit $10Max leverage 1:3000Regulated by ASIC, CySECAdd to compare listRating 4.3 / 5Start trading
Pros, cons & fees
Tier-1 Regulations$10 Minimum Deposit1:3000 Leverage24/7 Customer SupportRead review
Pros
  • 500+ Tradable Assets: Access to more than 500 CFD instruments across forex, stocks, indices, commodities, cryptocurrencies, and ETFs.

  • Feature-Rich Proprietary Platform: Available on web, desktop, iOS, and Android, with 100+ technical indicators, customisable charts, and script-based strategies.

  • Flexible Margin Management: Traders can choose between Simple isolated margin and Advanced cross margin on the same account.

Cons
  • No Copy Trading: Traders cannot automatically copy or mirror the positions of other traders.

  • No Islamic (Swap-Free) Accounts: Swap-free account variants are not currently available.

  • Basic Educational Resources: The broker mainly offers short on-platform video tutorials rather than full courses, webinars, or extensive market research.

Withdrawal fee Free 1st Withdrawal and 2% on 2nd WithdrawalDeposit fee Free

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