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Best CFD brokers in Japan in 2023

nextmarkets Logo
1st place
nextmarkets
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52.55% of retail CFD accounts lose money
IG Logo
2nd place
IG
Visit broker
76% of retail CFD accounts lose money
AvaTrade Logo
3rd place
AvaTrade
Visit broker
71% of retail CFD accounts lose money

Top 5 CFD brokers in Japan in 2023:

  1. nextmarkets is the best CFD broker in Japan in 2023. - Commission free real stocks and ETFs. Quick and easy account opening. Great email and phone support.
  2. IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
  3. AvaTrade - Easy and fast account opening. Free deposit and withdrawal options. Great research tools.
  4. FxPro - Superb account opening process. Great customer service. Free deposit and withdrawal.
  5. FBS - Low stock and stock index CFD fees and no inactivity fee. Easy and fast account opening. Excellent customer support & education.

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,
  • Checked minimum deposit requirements,
  • 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. Let's jump straight to the results.

BrokerChooser evaluates 9 key areas for all brokers including fees, safety, ease of account opening, education, and trading platforms. We check more than 500 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 50,000 data points overall.

Best CFD brokers
Comparison of the top CFD brokers and trading platforms in Japan in 2023

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.

Best CFD brokers in Japan key data compiled for March 2023
Broker Negative balance protection Minimum deposit Account activated in Credit/debit card deposit Leverage can be set manually
nextmarkets Yes $0 1 day Yes Yes
IG Yes $0 1-3 days Yes No
AvaTrade Yes $100 1 day Yes No
FxPro Yes $100 1 day Yes Yes
FBS Yes $0.99 1 day Yes Yes

Best CFD brokers
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.

Fees at the top CFD brokers in Japan in March 2023
nextmarkets IG AvaTrade FxPro FBS
S&P 500 index CFD fee $2.3 $2.6 $2.6 $2.7 $1.6
Europe 50 index CFD fee $1.7 $2.3 $2.0 $2.1 $2.3
Apple CFD fee $6.7 $32.7 $6.6 $10.0 $5.3
Vodafone CFD fee - $25.2 $8.3 $16.1 $4.5
EURUSD spread 0.6 0.6 0.9 1.7 0.7
GBPUSD spread 0.5 1.5 1.5 2.5 1.2

If you are unsure how brokerage fees work, check out this article on the various fees, charges and costs.

Best CFD brokers
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.

nextmarkets IG AvaTrade FxPro FBS
Account fee No No No No No
Inactivity fee No Yes Yes Yes No
Withdrawal fee $0 $0 $0 $0 $0
Deposit fee $0 $0 $0 $0 $0
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Best CFD brokers
Product selection at the best CFD brokers in Japan

Check out what types of CFDs you can trade at the best CFD brokers and CFD trading platforms.

Available products at the top CFD brokers in Japan
nextmarkets IG AvaTrade FxPro FBS
Stock index CFD Yes Yes Yes Yes Yes
Stock CFD Yes Yes Yes Yes Yes
Commodity CFD Yes Yes Yes Yes Yes
Bond CFD Yes Yes Yes No No
Crypto Yes No Yes Yes Yes

Best CFD brokers
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.

Best CFD brokers
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.

nextmarkets Logo

#1 Best CFD broker
nextmarkets

Germany-based nextmarkets is regulated by the Malta Financial Services Authority (MFSA) and provides up to €20,000 investor protection to its clients.

nextmarkets snapshot
Minimum deposit $0
Mobile app score 4.8 stars
Deposit methods Bank transfer, Credit/debit cards
Withdrawal fee $0
Read review For a detailed analysis of nextmarkets services, check out our review for 2023

Visit broker
52.55% of retail CFD accounts lose money

IG Logo

#2 Best CFD broker
IG

Japanese investors trade with IG Securities Ltd, an entity regulated by the Japanese Financial Services Authority (FSA). Japanese clients are not entitled to investor protection or negative balance protection.

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 2023

Visit broker
76% of retail CFD accounts lose money

AvaTrade Logo

#3 Best CFD broker
AvaTrade

Japanese investors trade with Ava Trade Japan K.K., a legal entity regulated by the Japanese Financial Services Agency (FSA) and the Financial Futures Association of Japan (FFAJ). AvaTrade provides negative balance protection for retail clients.

AvaTrade snapshot
Minimum deposit $100
Mobile app score 4.7 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 2023

Visit broker
71% of retail CFD accounts lose money

FxPro Logo

#4 Best CFD broker
FxPro

The broker is regulated by the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Securities Commission of the Bahamas. FxPro provides negative balance protection.

FxPro snapshot
Minimum deposit $100
Mobile app score 4.3 stars
Deposit methods Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, UnionPay
Withdrawal fee $0
Read review For a detailed analysis of FxPro services, check out our review for 2023

Visit broker
79.27% of retail CFD accounts lose money

FBS Logo

#5 Best CFD broker
FBS

FBS is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA), and the International Financial Services Commission of Belize (IFSC). FBS provides negative balance protection to its clients.

FBS snapshot
Minimum deposit $0.99
Mobile app score 4.3 stars
Deposit methods Bank transfer, Credit/debit cards, Skrill, Neteller, Rapid, PerfectMoney,FasaPay
Withdrawal fee $0
Read review For a detailed analysis of FBS services, check out our review for 2023

Visit broker
75.2% of retail CFD accounts lose money

Best CFD brokers
FAQ

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 2023:

  1. nextmarkets - Commission free real stocks and ETFs. Quick and easy account opening. Great email and phone support.
  2. IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
  3. AvaTrade - Easy and fast account opening. Free deposit and withdrawal options. Great research tools.
  4. FxPro - Superb account opening process. Great customer service. Free deposit and withdrawal.
  5. FBS - Low stock and stock index CFD fees and no inactivity fee. Easy and fast account opening. Excellent customer support & education.

Author of this article

Krisztián Gátonyi

Author of this article

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. Since joining BrokerChooser, he analyzed and tested 50+ brokers. He received his MSc degree in International Business from the University of Middlesex. He is also interested in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. Since joining BrokerChooser, he analyzed and tested 50+ brokers. He received his MSc degree in International Business from the University of Middlesex. He is also interested in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

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

Visit nextmarkets
52.55% of retail CFD accounts lose money
Visit IG
76% of retail CFD accounts lose money
Visit AvaTrade
71% of retail CFD accounts lose money
Visit FxPro
79.27% of retail CFD accounts lose money
Visit FBS
75.2% of retail CFD accounts lose money

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