Best Forex brokers for beginners in Japan in 2024

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76.5% of retail accounts lose money when trading ᏟᖴᎠs with this provider.

FBS is a broker for those who appreciate a variety of trading instruments and prompt support. The company is suitable for both beginners and experienced traders working on PCs and smartphones.

7.19

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TeleTrade is a broker for traders who value the variety of trading instruments and trade using their PC or a mobile app. The company is a good broker both for beginners and experienced traders.

7.32

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Vantage Markets is a broker that is a real catch for traders who prefer ECN trading.

7.27

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NPBFX is a universal broker providing services on off-exchange financial markets. Trading conditions are suitable for traders with any level of knowledge and opportunities. Investors have access to ZuluTrade social trading.

6.49

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The trading conditions provided by the company are not suitable for beginners and are more focused on professional traders.

Best forex brokers for beginners in Japan in 2024

	FBS	TeleTrade	Vantage Markets	NPBFX	Gerchik&Co
Trading platform	MetaTrader 4, MetaTrader 5, FBS Trader	MT4, МТ5	Vantage Markets app, МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), WebTrader, ProTrader	МТ4	MetaTrader 4, MetaTrader 5, Mobile Platforms
Min deposit	$1	$1	$50	$10	$100
Leverage	From 1:1 to 1:2000	From 1:1 to 1:10	From 1:1 to 1:500	From 1:1 to 1:1000	From 1:1 to 1:100
Trust management	No	No	No	No	Yes
Accrual of % on the balance	0.00%	0.00%	0.00%	0.00%	0.00%
Spread	From 0.2 points	From 0.8 points	From 0.0 points	From 0.4 points	From 0.0 points
Level of margin call / stop out	40% / 20%	70% / 20%	100% / 50%	0% / 30%	100% / 50%
Execution of orders	Market Execution	Market Execution, Instant Execution	Market Execution	Instant Execution, Market Execution	Market Execution
No deposit bonus	$5	No	No	No	No
Cent accounts	Yes	No	No	No	No

There are certain specifics in trading, which novice traders residing in the territory of Japan need to know about:

Novice traders need educational courses. The bigger the educational blocks, the more useful knowledge you will gain.
Take notice of the availability of a demo account or a cent account. Traders can use these accounts to practice without considerable costs. A demo account allows you to work with virtual money, and a cent account - with micro lots, where your profit or loss amounts to just several dollars or even cents.
When choosing a broker, it is important to evaluate its fees schedule. Novice traders should check out the fees on cent or basic accounts.
If a novice trader professes Islam, he needs to make sure that an Islamic account is available. it is a special swap-free account that does not violate the Sharia law.

1
Best Forex broker for beginners in Japan - FBS

FBS is an international broker with a strong presence in Asia, offering a wide range of trading instruments including Forex, stocks, indices, energies, and metals. With over 90 international awards and 27 million clients across 150 countries, FBS boasts a strong global reputation.
The company provides flexible trading conditions: leverage up to 1:3000, floating spreads from 0.7 pips, commission-free trading, and fast execution speeds starting at 0.01 seconds. FBS ensures client security with negative balance protection and offers a user-friendly experience on familiar trading platforms.
While FBS doesn't currently offer cryptocurrency trading or passive income options like PAMM accounts and copy trading, its competitive conditions and extensive educational resources make it a compelling choice for traders seeking a comprehensive and accessible experience.

👍 Advantages of trading with FBS for traders from Japan:

•negative balance protection;

•a large selection of trading instruments;

•the support service works 24/7.

👎 Disadvantages of FBS for traders from Japan:

•no cryptocurrency;

•auto copying is not available;

•no PAMM accounts;

•not suitable for short-term trading, such as scalping;

•the support service works in a limited number of languages;

•only two real accounts.

FBS Commissions & Fees for traders from Japan

FBS charges trading fees. The fees are charged as the spread. In the fees review for traders from Japan, you can learn about their rates depending on the account type.

FBS Commissions and Fees in Japan

Account type	Spread (minimum value)	Withdrawal commision
Standard	From $1.7	No
Cent	From $1.3	No

Your capital is at risk.
76.5% of retail accounts lose money when trading ᏟᖴᎠs with this provider.

2
Best Forex broker for beginners in Japan - TeleTrade

TeleTrade is a global broker serving clients worldwide. They offer trading on Forex, indices, stocks, metals,cryptocurrencies, and energies. While lacking PAMM accounts and certain investment options, TeleTrade boasts a robust copy trading service, a strong affiliate program, and diverse account types (ECN, NDD, crypto). With sufficient leverage (up to 1:500) and spreads from 0 pips, the broker caters to various trading styles, including scalping, intraday trading, and medium to long-term strategies.
TeleTrade supports traders with market analytics, expert forecasts, an economic calendar, and a comprehensive education section on their website.

👍 Advantages of trading with TeleTrade for traders from Japan:

•detailed analytical section;

•informative educational section.

👎 Disadvantages of TeleTrade for traders from Japan:

•no PAMM accounts or other money management options;

•a small range of trading instruments;

•few withdrawal options;

•support is available 24/5;

•withdrawals delayed;

•technical support responds slowly;

•sometimes it takes a long time to verify data.

TeleTrade Commissions & Fees for traders from Japan

TeleTrade charges trading fees. The fees are charged as the spread. In the fees review for traders from Japan, you can learn about their rates depending on the account type.

TeleTrade Commissions and Fees in Japan

Account type	Spread (minimum value)	Withdrawal commision
Standard ECN	$17	No
Professional NDD	$9	No
Sharp ECN CENT	$2	No
Cryptocurrency account	$3

Your capital is at risk.

3
Best Forex broker for beginners in Japan - Vantage Markets

Vantage Markets is a multi-asset broker offering a vast array of 1,000+ trading instruments, including currency pairs, CFDs on stocks, indices, commodities, energy, and ETFs. Holding licenses from reputable regulators like the FCA and ASIC, Vantage Markets ensures a level of security and trust for its clients.
The broker provides a choice between spread-based and commission-based account types, with leverage up to 1:500 on Forex pairs. Its PRO ECN option particularly stands out with commission starting from $1.5 per lot, making it attractive for high-volume traders.
Alongside the popular MetaTrader 4/5 platforms, the broker offers proprietary trading platform ProTrader and a convenient Vantage App. Additionally, Vantage Markets integrates with TradingView, enabling direct trading from the popular charting platform.

👍 Advantages of trading with Vantage Markets for traders from Japan:

•A vast array of trading instruments like 1000+ currency pairs and contracts for difference (CFDs).

•The broker has licenses from four reputable regulators.

•Classic trading terminals and a proprietary mobile application.

•An extensive array of trading signals to choose from for traders, regardless of the type of trading account.

👎 Disadvantages of Vantage Markets for traders from Japan:

•Customers from most countries are forced to cooperate with a branch that has an offshore license.

•Limited training and a lack of information on Forex trading.

•Snail-paced withdrawal of funds with the requirement to comply with special conditions.

Vantage Markets Commissions & Fees for traders from Japan

Vantage Markets charges trading fees. The fees are charged as the spread. In the fees review for traders from Japan, you can learn about their rates depending on the account type.

Vantage Markets Commissions and Fees in Japan

Account type	Spread (minimum value)	Withdrawal commision
Standard STP	From $0	No
RAW ECN	From $3	No
Pro ECN	From $1.5	No
Swap Free	From $0	No

Your capital is at risk.

4
Best Forex broker for beginners in Japan - NPBFX

NPBFX has been providing brokerage services since 1996. The company initially operated on behalf of NeftePromBank under a license issued by the Bank of Russia. After being rebranded in 2016, the broker refused the license of the Russian regulator and became a member of the Financial Commission, an independent international organization involved in resolving financial disputes with insurance coverage of €20,000 per trader. Today, NPBFX is a broker with an impeccable reputation, operating on the STP/ECN model, which rules out conflicts of interest. The company’s portfolio includes offers for almost every type of client: private traders using traditional strategies, algorithmic traders and scalpers, businesses and funds, and traders who prefer passive investing.

👍 Advantages of trading with NPBFX for traders from Japan:

•The broker provides traders with best market prices supported by liquidity from Tier 1 banks and ECN systems, such as Integral, Currenex, and Hotspot;

•Membership in the Financial Commission provides up to EUR 20,000 insurance coverage on deposits of traders;

•social trading with access to the independent ZuluTrade platform;

•Loyal trading conditions. Minimum deposit is $10 with leverage up to 1:1000;

•all strategies are allowed, including scalping, hedging/locking, and algorithmic high-frequency trading on all types of accounts.

👎 Disadvantages of NPBFX for traders from Japan:

•compared to other brokers, the speed of copying trades on ZuluTrade is not the fastest;

•no MT5 trading platform, which has unique advantages over MT4;

•There are no licenses from regulators. The broker is a member of the Financial Commission, which does not always support traders and is not authorized to recover fines imposed on brokers;

•no cent accounts.

NPBFX Commissions & Fees for traders from Japan

NPBFX charges trading fees. The fees are charged as the spread. In the fees review for traders from Japan, you can learn about their rates depending on the account type.

NPBFX Commissions and Fees in Japan

Account type	Spread (minimum value)	Withdrawal commision
Master	from $8	Yes
Expert	from $6	Yes
VIP	from $4	Yes
Zero	from $8	Yes

Your capital is at risk.

5
Best Forex broker for beginners in Japan - Gerchik&Co

Gerchik&Co was founded in 2015 by Ukrainian traders Oleksandr Gerchik and Ivan Kroshny and began operations in July of that year. Initially, it focused on the Commonwealth of Independent States (CIS, a Post-Soviet Union regional intergovernmental organization consisting of 9 countries in Eurasia) before expanding to the European level.
In November 2015, Gerchik&Co was recognized as the "Fastest Growing Broker" by the Mena 15th Forex Show. Based on the results of an independent vote by Russian Trading Day Money, the company received the "Breakthrough of the Year" award in December 2015, and Oleksandr Gerchik obtained the title of "Best Speaker" in the same month. To protect its clients' interests, the company also cooperates with the Traders Union and the International Financial Commission.

👍 Advantages of trading with Gerchik&Co for traders from Japan:

•more than 360 trading instruments;

•permission to use expert advisors and other tools for technical analysis and trade automation;

•high order execution and market operation speed, achieved through collaboration with 15 liquidity providers.

👎 Disadvantages of Gerchik&Co for traders from Japan:

•a high minimum deposit of $100, which is inaccessible to beginners.

•MetaTrader 4 and MetaTrader 5 trading platforms;

•no apps for mobile trading, only the mobile version of the website is available.

•small leverage — 1:100;

•many quotes provided by the broker are inaccurate;

•strict user conditions in the Terms of Agreement;

•trading on weekends is not possible.

Gerchik&Co Commissions & Fees for traders from Japan

Gerchik&Co charges trading fees. The fees are charged as the spread. In the fees review for traders from Japan, you can learn about their rates depending on the account type.

Gerchik&Co Commissions and Fees in Japan

Account type	Spread (minimum value)	Withdrawal commision
Zero	from $10	No
Mini	from $10	No
Simple	from $10	No
Silver	from $9	No
Gold	from $8	No
Platinum	from $7	No