Intro and winners
Find below the strengths of the best CFD brokers available in Japan, updated for 2024:
- Saxo is the best CFD broker in Japan in 2024. - Great trading platform. Outstanding research. Broad product portfolio. Interest paid on uninvested cash.
- FxPro - Superb account opening process. Great customer service. Free deposit and withdrawal.
- Forex.com - Low forex fees. Great variety of currency pairs. Diverse technical research tools.
- IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
- TMGM - Low forex fees. Easy and fast account opening. Free deposit and withdrawal.
- Plus500 - Well-designed platform. Great account opening. Quick and helpful customer support.
- Interactive Brokers - Extremely low fees. Wide range of products. Many great research tools.
- HYCM - Low CFD fees. Great educational content. User-friendly account opening.
- AvaTrade - Easy and fast account opening. Free deposit and withdrawal options. Great research tools.
- Vantage - Low non-trading fees. Super fast account opening. Seamless deposit and withdrawal.
Comparison of the top CFD brokers and trading platforms in Japan in 2024
While many online CFD brokers and trading platforms catering to Japanese investors offer an excellent service, the ones in our toplist go the extra mile.
Popularity of the best CFD brokers in Japan
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
Fee comparison of the best CFD brokers in Japan
How much you have to pay for a trade in spreads, commission and other trading costs is a key broker selection criteria. ee the most important CFD costs in the table below for key assets. In case of stock CFD, we calculate the fees for a $2,000 trade held for 1 week.
If you are unsure how brokerage fees work, check out this article on the various fees, charges and costs.
Non-trading fees at the best CFD brokers in Japan
Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.
Product selection at the best CFD brokers in Japan
CFD trading in Japan
Japan has one of the strictest financial markets regulations in the world. Financial service providers and transactions are regulated and overseen by several authorities:
- the Financial Services Agency of Japan (FSA Japan),
- the Japan Securities Dealers Association (JSDA),
- the Japan Investor Protection Fund (JIPF), and
- the Tokyo Commodity Exchange (TOCOM).
Under an investor protection plan operated by the JIPF, Japanese investors are entitled to protection of up to ¥10 million. The JIPF, however, does not protect over-the-counter derivatives transactions and foreign market derivatives transactions, meaning that CFD traders are not entitled to JIPF protection.
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64% of retail CFD accounts lose money
| Saxo snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 5.0 stars |
| Deposit methods | Bank transfer, Credit/debit cards |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Saxo services, check out our review for 2024 |
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74% of retail CFD accounts lose money
| FxPro snapshot | |
|---|---|
| Minimum deposit | $100 |
| Mobile app score | 4.3 stars |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of FxPro services, check out our review for 2024 |
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69-77% of retail CFD accounts lose money
| Forex.com snapshot | |
|---|---|
| Minimum deposit | $100 |
| Mobile app score | 4.5 stars |
| Deposit methods | Bank transfer, Credit/debit cards, Skrill, Neteller, PayPal |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Forex.com services, check out our review for 2024 |
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75% of retail CFD accounts lose money
| IG snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 5.0 stars |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of IG services, check out our review for 2024 |
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80.26% of retail CFD accounts lose money
| TMGM snapshot | |
|---|---|
| Minimum deposit | $100 |
| Mobile app score | 3.8 stars |
| Deposit methods | Bank transfer, Credit/debit cards, Paytrust, Neteller, Sticpay, Skrill, Fasapay, UnionPay, RMB Instantm Broker to Broker |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of TMGM services, check out our review for 2024 |
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82% of retail CFD accounts lose money
| Plus500 snapshot | |
|---|---|
| Minimum deposit | $100 |
| Mobile app score | 5.0 stars |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal, Skrill, Google Pay, Apple Pay, iDeal, POLi, PayNow, Blik, BPay, Klarna, GiroPay |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Plus500 services, check out our review for 2024 |
| Interactive Brokers snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 4.3 stars |
| Deposit methods | Bank transfer |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2024 |
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73-76% of retail CFD accounts lose money
| HYCM snapshot | |
|---|---|
| Minimum deposit | $20 |
| Mobile app score | 4.3 stars |
| Deposit methods | Bank transfer, Credit/debit cards, Skrill, Neteller, PM, AstroPay, WebMoney, PayTrust, fasapay, ZOTAPAY, Lipi |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of HYCM services, check out our review for 2024 |
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63 of retail CFD accounts lose money
| AvaTrade snapshot | |
|---|---|
| Minimum deposit | $100 |
| Mobile app score | 4.4 stars |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill, Klarna, Webmoney, POLi, Boleto, Perfect Money |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of AvaTrade services, check out our review for 2024 |
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74-89% of retail CFD accounts lose money
| Vantage snapshot | |
|---|---|
| Minimum deposit | $50 |
| Mobile app score | 3.8 stars |
| Deposit methods | Bank transfer, Credit/debit cards, Skrill, UnionPay, Neteller, Boletol, ApplePay, GooglePay, Advcash, Perfect Money, Sticpay, bitwallet |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Vantage services, check out our review for 2024 |
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How did BrokerChooser select the best CFD brokers in Japan?
- We checked whether the broker is regulated by a trusted regulator,
- Compared fees (including spreads, withdrawal fee, commission),
- Specifically compared CFD fees,
- Looked at the range of CFDs available,
- Opened an account and tested the platform (charting, features, usability) with real money.
Save hours of research!
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology
BrokerChooser evaluates 9 key areas for all brokers including fees, safety, ease of account opening, education, and trading platforms. We check more than 600 criteria for each broker and finetune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 60,000 data points overall.
FAQ
What is CFD trading?
CFDs, short for Contracts for Difference, are derivative products used to speculate on the price movements of a wide range of underlying assets. A CFD is a contract between two parties under which the seller pays the buyer the difference between the current value of an asset and its value at the time the contract is due.
When trading CFDs, you speculate on whether the price of a financial asset (i.e. stock, bond, commodity, etc.) will go up or down, without actually buying the asset itself. Instead of buying a Vodafone stock, at a CFD broker you will bet on the direction you think the Vodafone stock will go. If your bet is right, you will make profit on your CFD trade.
CFDs are leveraged products meaning that you trade with your own money and the money you borrow from your broker. This makes CFD trading extremely risky and not suitable for beginners. A very high percentage of retail traders lose money when trading CFDs.
To better understand CFDs and the risk involved, read this article on CFD trading tips compiled by our team of experts.
Is CFD trading profitable in Japan?
Yes, CFD trading can be profitable in Japan or any other country where it's legal. Investors may make handsome prfofits when trading these products. Nevertheless, CFDs are very risky instruments, especially because they are leveraged products. Leverage refers to the loan extended by the broker, which allows you to invest a much larger amount of money. Close to three quarters of retail trading accounts lose money when trading CFDs. CFDs are by no means a guarantee for getting rich overnight.
Are CFDs good for beginners in Japan?
CFDs are not complicated financial instruments, so in this sense they are good for beginners in Japan. At the same time, CFDs are also very risky because they are leveraged products. Leverage in this case means that you trade with your own money and the funds your broker lends you. While you can open much larger positions this way, potentially locking in heftier profits, you also stand to lose a lot. CFDs are widely used by experienced traders with a deep undertsanding of financial markets and investment strategies. If you are an absolute beginner, it makes sense to open very small positions and doing a lot of research. Data shows that around three quarters of retail trading accounts lose money when trading CFDs.
Which are the best CFD brokers in Japan?
These are the top CFD brokers in Japan in 2024:
- Saxo - Great trading platform. Outstanding research. Broad product portfolio. Interest paid on uninvested cash.
- FxPro - Superb account opening process. Great customer service. Free deposit and withdrawal.
- Forex.com - Low forex fees. Great variety of currency pairs. Diverse technical research tools.
- IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
- TMGM - Low forex fees. Easy and fast account opening. Free deposit and withdrawal.
- Plus500 - Well-designed platform. Great account opening. Quick and helpful customer support.
- Interactive Brokers - Extremely low fees. Wide range of products. Many great research tools.
- HYCM - Low CFD fees. Great educational content. User-friendly account opening.
- AvaTrade - Easy and fast account opening. Free deposit and withdrawal options. Great research tools.
- Vantage - Low non-trading fees. Super fast account opening. Seamless deposit and withdrawal.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
