SSL Encrypted 50+ Brokers Tested Data-Driven Ratings Real Money Testing Independent Reviews
🇯🇵

Best Forex Brokers in Japan 2026

Japan is the world's largest retail forex market by trading volume, regulated by the Financial Services Agency (FSA/JFSA). Japanese regulation is among the strictest globally, with tight leverage limits and comprehensive broker requirements.

Regulators

FSA

Max Leverage

1:25

Brokers Reviewed

25

Trust stack

Trust metadata for Japan broker coverage

This country shortlist is built from review data, local regulatory context, and the editorial standards linked below.

Updated
May 3, 2026
Methodology
Methodology
Corrections / contact
Corrections / Contact

Is Forex Trading Legal in Japan?

Forex trading is fully legal and strictly regulated. All brokers must be registered with the FSA (JFSA). Japan has one of the most mature retail forex markets in the world.

Japan capped retail leverage at 1:25 in 2011, one of the lowest limits globally. Despite this, Japan remains the largest retail forex market by volume. Binary options are also regulated by the FSA.

Top 25 Brokers for Japan Traders

Quick comparison of the top 5 brokers available to Japan traders.
Feature
IC Markets
IC Markets
Overall 8.8/10
AvaTrade
AvaTrade
Overall 8.3/10
Tickmill
Tickmill
Overall 8.2/10
FXTM
FXTM
Overall 8.0/10
HFM
HFM
Overall 8.0/10
Overall Score
8.8/10
8.3/10
8.2/10
8.0/10
8.0/10
Spreads From
0.0 pips
0.9 pips
0.0 pips
0.0 pips
0.0 pips
Min Deposit
Lower is better
$200
$100
$100
$10
$5
Platforms
MT4, MT5, cTrader
MT4, MT5, AvaTradeGO, AvaOptions, AvaSocial
MT4, MT5
MT4, MT5, FXTM Trader App
MT4, MT5, HFM App
Regulation
ASIC, CySEC, FSA
CySEC, ASIC, FSA, FSCA, CBB
CySEC, FCA, FSA
CySEC, FCA, FSA
CySEC, FCA, FSCA, FSA
Markets
2,200+
1,250+
500+
600+
1,200+
#1
I

IC Markets

Est. 2007 · Sydney, Australia

ASICCySECFSA
8.8
Overall Score

Min Deposit

$200

Spreads From

0.0 pips

Leverage

1:500

Instruments

2,200

#2
A

AvaTrade

Est. 2006 · Dublin, Ireland

CySECASICFSAFSCACBB
8.3
Overall Score

Min Deposit

$100

Spreads From

0.9 pips

Leverage

1:400

Instruments

1,250

#3
T

Tickmill

Est. 2014 · Limassol, Cyprus

CySECFCAFSA
8.2
Overall Score

Min Deposit

$100

Spreads From

0.0 pips

Leverage

1:500

Instruments

500

#4
F

FXTM

Est. 2011 · Limassol, Cyprus

CySECFCAFSA
8.0
Overall Score

Min Deposit

$10

Spreads From

0.0 pips

Leverage

1:2000

Instruments

600

#5
H

HFM

Est. 2010 · Limassol, Cyprus

CySECFCAFSCAFSA
8.0
Overall Score

Min Deposit

$5

Spreads From

0.0 pips

Leverage

1:2000

Instruments

1,200

#6
B

BlackBull Markets

Est. 2014 · Auckland, New Zealand

FMAFSA
8.0
Overall Score

Min Deposit

$0

Spreads From

0.0 pips

Leverage

1:500

Instruments

26,000

#7
A

ATFX

Est. 2014 · London, UK

FCACySECSFCFSA
7.9
Overall Score

Min Deposit

$200

Spreads From

0.6 pips

Leverage

1:400

Instruments

300

#8
D

Doo Financial

Est. 2014 · Dallas, USA

FCACySECASICFSASEC (USA)
7.9
Overall Score

Min Deposit

$100

Spreads From

0.1 pips

Leverage

1:500

Instruments

500

#9
G

GO Markets

Est. 2006 · Melbourne, Australia

ASICCySECFSA
7.8
Overall Score

Min Deposit

$200

Spreads From

0.0 pips

Leverage

1:500

Instruments

350

#10
F

FXView

Est. 2017 · Limassol, Cyprus

CySECFSCAFSA
7.8
Overall Score

Min Deposit

$200

Spreads From

0.0 pips

Leverage

1:30

Instruments

500

#11
C

CFI Financial

Est. 1998 · Limassol, Cyprus

CySECDFSAFSAFCA
7.8
Overall Score

Min Deposit

$100

Spreads From

0.8 pips

Leverage

1:500

Instruments

300

#12
E

Exinity

Est. 2012 · Limassol, Cyprus

FCACySECFSA
7.7
Overall Score

Min Deposit

$10

Spreads From

0.5 pips

Leverage

1:500

Instruments

500

#13
C

CAPEX

Est. 2016 · Abu Dhabi, UAE

FSRA (ADGM)CySECFSA
7.7
Overall Score

Min Deposit

$100

Spreads From

0.8 pips

Leverage

1:200

Instruments

2,100

#14
B

BDSwiss

Est. 2012 · Limassol, Cyprus

CySECFSA
7.6
Overall Score

Min Deposit

$10

Spreads From

1.1 pips

Leverage

1:500

Instruments

250

#15
M

M4Markets

Est. 2019 · Limassol, Cyprus

CySECDFSAFSA
7.6
Overall Score

Min Deposit

$100

Spreads From

0.1 pips

Leverage

1:30

Instruments

200

#16
M

Moneta Markets

Est. 2020 · Melbourne, Australia

ASICFSA
7.5
Overall Score

Min Deposit

$50

Spreads From

0.0 pips

Leverage

1:500

Instruments

300

#17
e

easyMarkets

Est. 2001 · Limassol, Cyprus

CySECASICFSAFSC BVI
7.5
Overall Score

Min Deposit

$25

Spreads From

0.9 pips

Leverage

1:2000

Instruments

250

#18
E

Errante

Est. 2019 · Limassol, Cyprus

CySECFSA
7.3
Overall Score

Min Deposit

$50

Spreads From

0.0 pips

Leverage

1:500

Instruments

300

#19
A

Amana Capital

Est. 2010 · Limassol, Cyprus

CySECLFSAFSA
7.3
Overall Score

Min Deposit

$50

Spreads From

0.9 pips

Leverage

1:200

Instruments

200

#20
J

JustMarkets

Est. 2012 · Limassol, Cyprus

CySECFSAIFSC
7.2
Overall Score

Min Deposit

$1

Spreads From

0.0 pips

Leverage

1:3000

Instruments

260

#21
S

Scope Markets

Est. 2019 · Limassol, Cyprus

CySECCMAFSA
7.2
Overall Score

Min Deposit

$100

Spreads From

0.5 pips

Leverage

1:500

Instruments

200

#22
F

FXGT

Est. 2019 · Limassol, Cyprus

CySECFSA
7.2
Overall Score

Min Deposit

$5

Spreads From

0.0 pips

Leverage

1:1000

Instruments

400

#23
A

Alpari

Est. 1998 · Saint Vincent and the Grenadines

FSAFSC
6.8
Overall Score

Min Deposit

$5

Spreads From

0.4 pips

Leverage

1:1000

Instruments

250

#24
W

Weltrade

Est. 2006 · Saint Vincent and the Grenadines

FSAIFSC
6.5
Overall Score

Min Deposit

$25

Spreads From

0.0 pips

Leverage

1:1000

Instruments

200

#25
F

FreshForex

Est. 2004 · Saint Vincent and the Grenadines

FSA
6.2
Overall Score

Min Deposit

$1

Spreads From

0.0 pips

Leverage

1:2000

Instruments

200

Tips for Japan Traders

💡

Only use FSA/JFSA-registered brokers when trading from Japan

💡

Retail leverage is limited to 1:25 — among the strictest globally

💡

Japanese brokers offer JPY-denominated accounts as standard

💡

The trust fund protection scheme covers client assets if a broker fails

Frequently Asked Questions

Is forex trading legal in Japan?

Yes, forex trading is legal and heavily regulated by the FSA/JFSA. Japan has the world's largest retail forex market.

What is the maximum leverage in Japan?

Retail leverage is capped at 1:25, one of the lowest limits globally.

Are client funds protected?

Yes, Japan requires brokers to maintain client funds in trust accounts, providing protection if a broker becomes insolvent.

Read the full reviews for the brokers available in Japan

This country page is the shortlist. The individual reviews are where you can check platform details, withdrawal terms, regulation, and who each broker suits best before you choose.

IC Markets review

IC Markets delivers institutional-grade execution with raw spreads from 0.0 pips, $15B+ daily volume, and ASIC/CySEC regulation.

Entity note: IC Markets carries a solid regulator mix, but the brand still routes clients through different legal entities by region.

Read review →
ASICCySECSpreads 0.0 pipsMin deposit $200

AvaTrade review

AvaTrade is one of the most widely regulated brokers globally, offering MT4/MT5, proprietary apps, options trading, and copy trading since 2006.

Entity note: AvaTrade shows 5 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECASICSpreads 0.9 pipsMin deposit $100

Tickmill review

Tickmill is an ECN broker known for ultra-low trading costs, raw spreads from 0.0 pips, and solid CySEC/FCA regulation across 500+ instruments.

Entity note: Tickmill shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECFCASpreads 0.0 pipsMin deposit $100

FXTM review

FXTM offers accessible trading with a $10 minimum deposit, copy trading, and strong CySEC/FCA regulation across forex and CFD markets.

Entity note: FXTM shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECFCASpreads 0.0 pipsMin deposit $10

HFM review

HFM (formerly HotForex) offers accessible trading from $5, quad-regulation, copy trading, and multiple account types across 1,200+ instruments.

Entity note: HFM shows 4 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECFCASpreads 0.0 pipsMin deposit $5

BlackBull Markets review

BlackBull Markets is an FMA-regulated New Zealand broker offering ECN pricing, TradingView integration, and over 26,000 instruments with no minimum deposit.

Entity note: BlackBull Markets shows 2 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
FMAFSASpreads 0.0 pipsMin deposit $0

ATFX review

ATFX is an FCA and CySEC-regulated UK broker offering MT4 trading across four account tiers with a strong reputation for service quality.

Entity note: ATFX shows 4 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
FCACySECSpreads 0.6 pipsMin deposit $200

Doo Financial review

Doo Financial is a multi-regulated broker (FCA, CySEC, ASIC) offering TradingView integration and ECN pricing from 0.1 pips.

Entity note: Doo Financial shows 5 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
FCACySECSpreads 0.1 pipsMin deposit $100

GO Markets review

GO Markets is an ASIC-regulated Australian broker with raw spreads from 0.0 pips, cTrader support, and a solid 18-year track record in the industry.

Entity note: GO Markets shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
ASICCySECSpreads 0.0 pipsMin deposit $200

FXView review

FXView is a CySEC-regulated multi-asset broker built around a RAW ECN account, 0.0-pip pricing claims, and support for both ActTrader and MT4.

Entity note: FXView shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECFSCASpreads 0.0 pipsMin deposit $200

CFI Financial review

CFI Financial has operated since 1998 and offers TradingView integration, multi-jurisdiction regulation, and deep MENA expertise across 300+ instruments.

Entity note: CFI Financial shows 4 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECDFSASpreads 0.8 pipsMin deposit $100

Exinity review

Exinity is a triple-regulated broker (FCA/CySEC/FSA) offering accessible trading through MT4/MT5 with a low $10 minimum deposit and 500+ instruments.

Entity note: Exinity shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
FCACySECSpreads 0.5 pipsMin deposit $10

CAPEX review

CAPEX is a dual-regulated broker offering excellent educational content via CAPEX Academy alongside 2,100+ instruments and MT5 trading.

Entity note: CAPEX shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
FSRA (ADGM)CySECSpreads 0.8 pipsMin deposit $100

BDSwiss review

BDSwiss is a CySEC-regulated broker offering MT4, MT5, and its proprietary mobile app with a $10 minimum deposit and multiple account types.

Entity note: BDSwiss shows 2 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECFSASpreads 1.1 pipsMin deposit $10

M4Markets review

M4Markets is a multi-regulated CFD broker that leans on cTrader, a $100 entry point, and retail protections such as segregated accounts and negative balance protection.

Entity note: M4Markets shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECDFSASpreads 0.1 pipsMin deposit $100

Moneta Markets review

Moneta Markets is an ASIC-regulated Australian broker offering ECN pricing with raw spreads, multiple account types, and a user-friendly mobile trading app.

Entity note: Moneta Markets shows 2 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
ASICFSASpreads 0.0 pipsMin deposit $50

easyMarkets review

easyMarkets offers the unique dealCancellation feature alongside CySEC/ASIC regulation and a $25 minimum deposit, operating since 2001.

Entity note: easyMarkets shows 4 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECASICSpreads 0.9 pipsMin deposit $25

Errante review

Errante is a CySEC-regulated broker offering raw spreads, multiple account types, and crypto deposits with a $50 minimum entry point.

Entity note: Errante shows 2 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECFSASpreads 0.0 pipsMin deposit $50

Amana Capital review

Amana Capital is a CySEC-regulated broker focused on the MENA market with dedicated Islamic accounts and strong Arabic-language support.

Entity note: Amana Capital shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECLFSASpreads 0.9 pipsMin deposit $50

JustMarkets review

JustMarkets offers one of the lowest entry barriers in the industry with a $1 minimum deposit, up to 1:3000 leverage, and raw spread accounts on MT4/MT5.

Entity note: JustMarkets shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECFSASpreads 0.0 pipsMin deposit $1

Scope Markets review

Scope Markets is a CySEC-regulated broker with a strong presence in African markets, offering MT4/MT5 trading with competitive spreads.

Entity note: Scope Markets shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECCMASpreads 0.5 pipsMin deposit $100

FXGT review

FXGT is a CySEC/FSA-regulated broker with a strong crypto focus, offering MT5 trading with leverage up to 1:1000 and a $5 minimum deposit.

Entity note: FXGT shows 2 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
CySECFSASpreads 0.0 pipsMin deposit $5

Alpari review

Alpari is one of the oldest forex brokers with 25+ years of history, offering accessible $5 accounts, but operates under offshore regulation only.

Entity note: Alpari shows 2 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
FSAFSCSpreads 0.4 pipsMin deposit $5

Weltrade review

Weltrade is an offshore broker offering high leverage and low minimum deposits through MT4/MT5, primarily targeting cost-sensitive traders.

Entity note: Weltrade shows 2 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
FSAIFSCSpreads 0.0 pipsMin deposit $25

FreshForex review

FreshForex is an offshore broker with over 20 years of history, offering ultra-high leverage, ECN pricing, and a $1 minimum deposit.

Entity note: FreshForex shows 1 regulator in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.

Read review →
FSASpreads 0.0 pipsMin deposit $1