5 Best Forex Brokers in Japan
We’ve listed the 5 Best Forex Brokers in Japan that provide secure, transparent, and internationally regulated access to global financial markets. Forex trading in Japan is legal and strictly regulated by the Financial Services Agency (FSA). However, many traders still choose reputable international brokers that meet robust global standards for fund protection, regulatory compliance, and execution quality. Trading in Japan offers access to major and minor forex pairs, along with CFDs on indices, commodities, cryptocurrencies, and global shares, through brokers recognized for tight spreads, reliable execution, and advanced, user-friendly trading platforms.
5 Best Forex Brokers in Japan (2025)
- Axi – Overall, the Best Forex Broker in Japan.
- XM – Fast execution with strong platform stability.
- IG – Strong regulatory standing, including Japan-focused operations.
- FBS – Multiple account types for different trading styles.
- FP Markets – Appeals to both scalpers and advanced traders.
10 Best Forex Brokers – Globally
Pros and Cons of Forex Brokers in Japan – Immediate Advantages and Disadvantages
| ✓ Pros | ✕ Cons |
| Access to well-regulated local and international brokers overseen by the FSA and top-tier global authorities. | Strict FSA rules impose low leverage limits for retail traders. |
| Support for advanced platforms such as MT4, MT5, and proprietary Japanese trading systems. | Fewer high-leverage options compared to offshore jurisdictions. |
| Broad access to forex pairs, indices, commodities, and global share CFDs. | Some international brokers restrict services to Japanese residents. |
| Highly transparent pricing, stable execution, and robust trading infrastructure. | Account opening can involve detailed verification and longer approval times. |
| Strong investor protection, segregation of client funds, and strict compliance standards. | Limited flexibility for speculative products under local regulations. |
Forex trading in Japan is fully legal and tightly regulated by the Financial Services Agency (FSA). While many traders favor locally licensed brokers, some still consider internationally regulated providers for expanded market access. Overall, Japan offers a highly secure, transparent, and technologically advanced trading environment, characterized by robust investor protection and a global market presence.
1. Axi
Axi operates as a global forex broker with reputable regulation in multiple jurisdictions and does accept traders from 🇯🇵 Japan through its global entity for certain services, though local regulation by the 🇯🇵 Financial Services Agency is not held. Traders should check eligibility and account terms.
| Topic | Info |
| Japan FSA License | Not held |
| Account Access | Accepted via global entity |
| Global Regulation | Yes, UK and AU regulators |
| Platform Availability | MT4 MT5 |
| Local Protection | Lower than domestic brokers |
 | Minimum Deposit: $5 Regulated by: ASIC, FCA, DFSA, VFSC Crypto: Yes |
Frequently Asked Questions
Is Axi regulated for traders in Japan?
Axi holds strong regulation in jurisdictions like the UK and Australia, but it does not have direct authorization from the 🇯🇵 Financial Services Agency. Japanese traders rely on the global entity’s rules, not local FSA licensing.
Can a trader in Japan open an account with Axi?
Japanese residents can access Axi’s trading platform and open accounts with the global entity where permitted, but services vary, and local regulatory protections differ from those offered by domestic brokers.
| Minimum Deposit: $5 Regulated by: ASIC, FCA, DFSA, VFSC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Global broker with broad regulation | No 🇯🇵 FSA authorization |
| Platform access for Japan residents | Local legal protection differs |
| MT4 and MT5 supported | Service terms vary by region |
| Competitive pricing internationally | May not offer all products in 🇯🇵 |
| Multi‑language support available | Regulatory safeguards differ |
Our Insights
Axi stands out as a globally regulated forex broker that accepts traders from Japan via its international entity, but it is not licensed under the 🇯🇵 Financial Services Agency. Japanese traders should understand regulatory differences and confirm eligibility before trading.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
2. XM
XM stands as a large global forex broker with regulation in major jurisdictions, but does not hold a retail license from the 🇯🇵 Financial Services Agency. Japanese residents can open accounts with XM’s international entities where permitted, though local protection differs from domestic regulation.
| Topic | Info |
| 🇯🇵 Japan FSA License | Not held |
| Account Access | Accepted globally where allowed |
| Global Regulation | Yes, multi‑jurisdictional |
| Platform Availability | MT4 and MT5 |
| Local Protection | Lower than domestic brokers |
 | Minimum Deposit: $5 Regulated by: FSC Crypto: Yes |
Frequently Asked Questions
Is XM regulated for traders in Japan?
XM holds licenses in jurisdictions such as the United Kingdom, Cyprus, Australia, and others, but it is not regulated by the 🇯🇵 Financial Services Agency. Therefore, it operates for Japanese residents through its global structure without local licensing protections.
Can a trader in Japan open an account with XM?
Yes. Japanese residents can register and trade with XM’s global entity, where allowed, though domestic legal protections do not apply and regulatory conditions differ from brokers licensed inside Japan.
| Minimum Deposit: $5 Regulated by: FSC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Global regulation in major markets | Not regulated by 🇯🇵 FSA |
| Accepts Japanese residents | Lower local legal protection |
| MT4 and MT5 platforms available | Terms vary by region |
| Competitive trading conditions | Domestic broker limits apply |
| Large asset selection | Bonus terms may differ |
Our Insights
XM functions as a globally regulated broker and does accept traders from Japan through its international entity, but it does not have a direct retail license from the 🇯🇵 Financial Services Agency. Japanese traders should understand the regulatory differences and personal risk tolerance before trading.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐⭐ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
3. IG
IG operates as one of the world’s most established forex brokers with licenses from many top regulators, including registration in 🇯🇵 Japan through IG Securities Ltd under the Financial Services Agency. Japanese residents can open and trade with IG directly in Japan under local regulation, enjoying regulated forex and CFD services.
| Topic | Info |
| 🇯🇵 Japan FSA License | Held locally |
| Local Entity | IG Securities Ltd |
| Account Access | Yes, available |
| Platforms | Proprietary and MT4 |
| Local Protection | Client compensation scheme |
 | Minimum Deposit: $250 Regulated by: FCA, ASIC, CFTC, NFA, BaFin Crypto: Yes |
Frequently Asked Questions
Is IG regulated for traders in Japan?
Yes. IG operates a Japan‑based entity, IG Securities Ltd, that is authorised and regulated by the 🇯🇵 Financial Services Agency and is registered as a Financial Instruments Business Operator. This means Japanese traders get local regulatory protections and compliance.
Can a trader in Japan open an account with IG?
Yes. Residents in Japan can open and maintain live forex and CFD accounts directly with IG’s Japan entity. Local licensing ensures IG operates under Japanese rules, including investor protection systems and specific leverage limits.
| Minimum Deposit: $250 Regulated by: FCA, ASIC, CFTC, NFA, BaFin Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Licensed by 🇯🇵 FSA locally | Leverage limited by local rules |
| Direct access for Japan residents | Product range varies by region |
| Strong investor safeguards | Some instruments restricted locally |
| Proprietary trading platforms available | Trading fees can be higher in Japan |
| Client fund segregation | Crypto access limits under local rules |
Our Insights
IG offers fully regulated forex and CFD trading for Japanese residents through its Japan‑based subsidiary. The broker complies with local regulatory requirements, provides platform access, and serves Japanese traders under strong investor protection standards.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐⭐ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐⭐ |
Top 3 Forex Brokers in Japan – Forex Face-Off
| Broker |  |  |  |
| Minimum Deposit | 0 USD – 25,000 USD | 5 USD | 250 USD |
| Spreads From | 0.0 pips | 0.6 pips (majors) | 0.6 pips |
| Commissions | $7 round turn (Pro, Elite) | None on most accounts | None |
| Leverage | Up to 1:500 (entity-based) | Up to 1:888 | Up to 1:30 (retail) |
| Swap Fees | Varies | Varies | Varies |
| Margin Requirements | Varies | Variable | Fixed by regulation |
| CFDs Available | Forex and CFDs | 1,000+ | 17,000+ |
| Trading Platforms | MT4, MT5 | MT4, MT5 | MT4, IG Platform, ProRealTime |
| Account Segregation | Yes | Yes | Yes |
| Negative Balance Protection | Yes | Yes | Yes |
| Investor Protection | Yes | Yes | Yes |
| Regulation | 🇦🇺 ASIC 🇬🇧 FCA 🇦🇪 DFSA 🇻🇺 VFSC | 🇧🇿 FSC 🇲🇺 FSC 🇸🇨 FSA | 🇬🇧 FCA 🇦🇺 ASIC 🇺🇸 CFTC 🇺🇸 NFA 🇩🇪 BaFin |
| Open an Account |  | | |
4. FBS
FBS operates globally under offshore regulation and accepts traders from 🇯🇵 Japan through its international entity. However, it does not hold a license from the 🇯🇵 Financial Services Agency, so local protections differ from domestic brokers, and traders must consider regulatory implications.
| Topic | Info |
| 🇯🇵 Japan FSA License | Not held |
| Account Access | Accepted via global entity |
| Offshore Regulation | Yes, CySEC and IFSC |
| Platforms | MT4 and MT5 |
| Local Protection | Lower than domestic brokers |
 | Minimum Deposit: $5 Regulated by: FSC, CySEC, ASIC Crypto: Yes |
Frequently Asked Questions
Is FBS regulated for traders in Japan?
FBS holds a license in jurisdictions such as Cyprus and Belize, but it does not have formal approval from the 🇯🇵 Financial Services Agency. Japanese traders rely on the global entity, which operates under offshore regulation rather than local licensing protections.
Can a trader in Japan open an account with FBS?
Yes. Japanese residents can open accounts and trade through FBS’s international entity. However, these accounts do not carry the same protections as brokers licensed in Japan, and regulatory safeguards differ from domestic requirements.
| Minimum Deposit: $5 Regulated by: FSC, CySEC, ASIC Crypto: Yes |
Pros and Cons
| Pros | Cons |
| Offshore regulation available | No 🇯🇵 FSA licensing |
| Accepts Japanese traders | Local legal protections differ |
| Competitive trading conditions | Funds may lack segregation in Japan |
| MT4 and MT5 supported | Product range limited in Japan |
| Large global user base | Potential payment restrictions |
Our Insights
FBS functions as a global forex broker and accepts traders from Japan via its international entity. While it offers access to MT4 and MT5 platforms and competitive conditions, it does not provide full regulatory protections under the 🇯🇵 Financial Services Agency.
| # | Criteria | Score |
| 1. | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2. | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3. | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4. | Research and Education | ⭐⭐⭐⭐☆ |
| 5. | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6. | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7. | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
| 8. | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9. | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10. | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
5. FP Markets
FP Markets operates as a globally regulated forex and CFD broker under top regulators, including 🇦🇺 ASIC, 🇨🇾 CySEC, 🇿🇦 FSCA, and St Vincent and the Grenadines registration. Japanese residents can open accounts through FP Markets’ global entity, though local protections differ from those offered under the 🇯🇵 Financial Services Agency.
| Topic | Info |
| 🇯🇵 Japan FSA License | Not held |
| Account Access | Accepted via global entity |
| Global Regulation | ASIC CySEC FSCA |
| Platforms | MT4 MT5 cTrader IRESS |
| Local Protection | Lower than domestic brokers |
 | Minimum Deposit: $100 Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA Crypto: Yes |
Frequently Asked Questions
Is FP Markets regulated for traders in Japan?
FP Markets holds reputable regulation in multiple jurisdictions, but does not have approval from the 🇯🇵 Financial Services Agency. Japanese traders rely on the global entity, which operates under offshore regulation rather than local licensing protections.
Can a trader in Japan open an account with FP Markets?
Yes. Japanese residents can open accounts and trade through FP Markets’ global entity. However, these accounts do not carry the same protections as brokers licensed in Japan, and regulatory safeguards differ from domestic requirements.
| Minimum Deposit: $100 Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Well‑regulated globally | No 🇯🇵 FSA licensing |
| Accepts Japanese traders | Local legal protections differ |
| Multiple platforms supported | Product range may vary in Japan |
| Tight spreads and ECN pricing | Regulatory safeguards lower |
| Large range of tradable assets | Must follow global entity terms |
Our Insights
FP Markets functions as a globally regulated forex broker and accepts traders from Japan via its international entity. While it offers access to multiple platforms and competitive conditions, it does not provide full regulatory protections under the 🇯🇵 Financial Services Agency.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
5 Best Forex Brokers in Japan – A Comparison
| Strong global reputation with transparent, no dealing-desk execution | |  |
| Large global client base with beginner-friendly trading conditions | | |
| One of the most established brokers globally with decades of experience | | |
 | High-leverage trading options outside strict local frameworks | | |
 | Broad platform support including MT4, MT5, cTrader, and TradingView | | |
Forex Trading in Japan – Quick Overview
Forex trading in Japan is one of the most mature and regulated trading environments globally. The country operates under strict oversight from the Financial Services Agency (FSA), ensuring high transparency, strong investor protection, and disciplined market practices. Japanese traders have access to major and minor currency pairs, advanced trading platforms, and highly liquid markets.
While leverage limits are conservative, Japan remains attractive for traders who prioritize stability, regulation, and long-term market integrity over high-risk speculation.
Pros and Cons of Forex Trading in Japan
| ✓ Pros | ✕ Cons |
| Strict regulation ensures high trader protection | Low leverage limits for retail traders |
| Highly transparent pricing and execution | Fewer high-risk trading products |
| Stable and liquid trading environment | Limited flexibility for aggressive strategies |
| Advanced technology and platforms | Slower account approval processes |
| Strong global market access | Less appeal for high-leverage traders |
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In Conclusion
Forex trading in Japan offers a highly secure, transparent, and disciplined trading environment backed by strong regulation and advanced infrastructure. While leverage restrictions limit aggressive trading styles, the benefits of stability, investor protection, and market reliability make Japan an excellent choice for traders focused on long-term growth and responsible trading.
Faq
Yes, forex trading is fully legal and strictly regulated by the Financial Services Agency (FSA).
The Financial Services Agency oversees licensing, compliance, and investor protection standards.
Yes, retail leverage is capped, typically up to 1:25, to reduce excessive risk.
Yes, Japan is beginner-friendly due to strong regulation, education resources, and platform reliability.
Some traders choose international brokers for flexibility, but many prefer locally regulated firms for security.
