5 Best Forex Brokers in Japan for 2026

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.

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.

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.

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.

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.