Best Japan Financial Services Agency (FSA) Regulated Brokers 2025
We’ve personally tested and ranked the top brokers regulated by the Financial Services Agency (FSA) in Japan, ensuring high standards of trust and reliability.
-
1Kraken is a major cryptocurrency exchange that offers a unique trading terminal and over 220 cryptocurrencies for trading. It provides up to 1:5 leverage for spot crypto trading with consistent rollover fees, and up to 1:50 leverage on futures. Additionally, it offers crypto staking services and features an interactive NFT marketplace.
-
2Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience.
-
3IC Markets is a renowned forex and CFD broker recognized for its high-quality pricing, extensive range of trading tools, and superior trading technology. Established in 2007 in Australia, it operates under the oversight of ASIC, CySEC, and FSA. It has drawn in over 180,000 traders from across 200 countries.
-
4Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators.
-
5eToro is a leading platform for trading various assets like CFDs, stocks, and cryptocurrencies. Established in 2007, it has millions of users worldwide and is regulated by top authorities like the FCA and CySEC. The brand is well-known for its social trading features. Crypto Trading is offered through eToro USA LLC; investments involve market risk, including potential loss of principal. CFDs are not available in the US. Crypto investments are risky and highly volatile. Taxes may apply. Understand the risks here. 61% of retail accounts lose money.
Compare Brokers
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 |
✓ | ✓ | $10 | Variable | ✗ | ✗ | FCA, FinCEN, FINTRAC, AUSTRAC, FSA | Cryptos | AlgoTrader, Quantower | USD, EUR, GBP, CAD, AUD, JPY, CHF | Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin | ✗ | ✗ | |
 |
✓ | ✓ | $100 | 0.01 Lots | 1:30 (Retail) 1:400 (Pro) | ✓ | ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade | USD, EUR, GBP, CAD, AUD | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
 |
✓ | ✓ | $200 | 0.01 Lots | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | ✓ | ASIC, CySEC, FSA, CMA | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | ✗ | ✗ | |
 |
✓ | ✓ | Varies based on the payment system | 0.01 Lots | 1:Unlimited | ✓ | FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC | CFDs on Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
 |
✓ | ✓ | $100 | $10 | 1:30 EU | ✓ | FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF | Stocks, ETFs, Options, Crypto | eToro Web, CopyTrader, TradingCentral | USD, EUR, GBP | Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | ✓ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best Japan Financial Services Agency (FSA) Regulated Brokers 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
|
✗ | ✗ | ✗ | |
|
✗ | ✓ | ✓ | |
|
✗ | ✓ | ✓ | |
|
✗ | ✓ | ✓ | |
|
✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Japan Financial Services Agency (FSA) Regulated Brokers 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
|
✓ | ✗ | ||
|
iOS & Android | ✗ | ||
|
iOS & Android | ✗ | ||
|
iOS & Android | ✗ | ||
|
iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Japan Financial Services Agency (FSA) Regulated Brokers 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
|
✓ | $10 | Variable | ✗ | ✗ | ||
|
✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
|
✓ | $200 | 0.01 Lots | ✗ | ✗ | ||
|
✓ | Varies based on the payment system | 0.01 Lots | ✗ | ✗ | ||
|
✓ | $100 | $10 | ✓ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Japan Financial Services Agency (FSA) Regulated Brokers 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
|
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
Expert Advisors (EAs) on MetaTrader | ✗ | ✓ | ✗ | ✓ | 1:30 (Retail) 1:400 (Pro) | ✓ | ✗ |
|
Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | ✓ | ✗ | ✗ | ✗ | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | ✓ | ✗ |
|
Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✓ | 1:Unlimited | ✓ | ✗ |
|
Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | ✗ | ✗ | ✓ | ✗ | 1:30 EU | ✗ | ✓ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Japan Financial Services Agency (FSA) Regulated Brokers 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
|
✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
|
✓ | USD: 2.7% | ✓ | ✗ | ✓ | ✓ | ✓ | ✗ | ✓ |
|
✓ | ✗ | ✓ | ✗ | ✓ | ✓ | ✓ | ✗ | ✗ |
|
✓ | ✗ | ✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✓ |
|
✓ | USD: 5.3% | ✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Japan Financial Services Agency (FSA) Regulated Brokers 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
|---|---|---|---|---|---|---|---|---|---|
|
|||||||||
|
|||||||||
|
|||||||||
|
|||||||||
|
|||||||||
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Japan Financial Services Agency (FSA) Regulated Brokers 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
|
✗ | ✗ | ✗ | ✗ | 0-0.26% average | |
|
✓ | $50 | 0.13 | 0.9 | BTC <1%, ETH 2% | |
|
✗ | $0 | 0.02 | 0.02 | BTC 42.036 | |
|
✗ | $0 | 0.5 (Apple Inc.) | 0.0 | Floating | |
|
✓ | $10 | 0.57 (Apple) | 0.9 | BTC 1% | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Japan Financial Services Agency (FSA) Regulated Brokers 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| eToro |
|
| Kraken |
|
| Exness |
|
| AvaTrade |
|
| IC Markets |
|
Why Trade With Kraken?
Kraken is suitable for traders seeking a variety of cryptocurrencies, including Bitcoin, and a strong history of security.
Pros
- A highly safe and secure service, with no recorded breaches in the ten years since it was established.
- NFT marketplace and crypto staking options are accessible for traders.
- 3D secure required
Cons
- Slow verification times
- Doesn't support many new alternative coins.
- Low leverage on spot trading
Why Trade With AvaTrade?
AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Pros
- AvaTrade introduced AvaFutures to provide low-margin access to global markets. In 2025, it expanded by adding CME's Micro Grain Futures, which are financially settled contracts at 1/10th the size of standard contracts for key commodities such as corn, wheat, and soybeans.
- AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
- Years later, AvaTrade is still among the few brokers with a custom risk management tool, AvaProtect, which insures losses up to $1M for a fee and is simple to use on the platform.
Cons
- While the deposit process is smooth, AvaTrade doesn't support crypto payments, unlike TopFX, which caters to crypto-focused traders.
- Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
- The AvaSocial app is satisfactory but could be better. Its design, usability, and navigation between strategy providers and account management need improvement to compete with top platforms like eToro.
Why Trade With IC Markets?
IC Markets provides excellent prices, quick execution, and smooth deposits. The utilization of sophisticated charting platforms such as TradingView and the Raw Trader Plus account makes it a preferred choice for intermediate to advanced traders.
Pros
- IC Markets provides fast and reliable 24/5 support for account and funding issues.
- You can trade more than 2,250 CFDs in various markets, such as forex, commodities, indices, stocks, bonds, and cryptocurrencies. This range enables varied trading strategies.
- IC Markets provides some of the smallest spreads in the industry, offering 0.0-pip spreads on major currency pairs. This makes trading particularly cost-efficient for traders.
Cons
- Interest is not earned on unused funds, a feature commonly available at other platforms such as Interactive Brokers.
- Some withdrawal methods require fees such as a $20 wire charge. This can reduce profits, particularly for traders who withdraw frequently.
- Despite having four top-tier third-party platforms, there is no in-house software or trading app specifically designed for new traders.
Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Execution speeds now average under 25ms, providing ideal conditions for short-term traders.
- Fast and reliable 24/7 multilingual customer support through phone, email, and live chat, validated by practical tests.
- Wide variety of account types for all experience levels, including Cent, Pro, and the new Raw Spread, ideal for traders.
Cons
- Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.
- MetaTrader 4 and 5 are supported, but TradingView and cTrader are not available yet, despite increasing demand from traders and their integration with other platforms like Pepperstone.
- Retail trading services are not available in some areas, including the US, UK, and EU, making them less accessible compared to leading brokers like Interactive Brokers.
Why Trade With eToro?
eToro's social trading platform ranks highly due to its excellent user experience and active community chat, useful for beginners seeking trading opportunities. The platform also offers competitive fees on a vast selection of CFDs and actual stocks, alongside beneficial rewards for skilled strategy contributors.
Pros
- eToro secured second place in DayTrading.com's 'Best Crypto Broker' for 2025 due to its wide range of tokens, reliable service, and competitive fees.
- eToro launched automated crypto staking for easy passive income, except for Ethereum, which requires opt-in.
- eToro enhanced social trading in 2025 by incorporating insights from over 10 million Stocktwits users to assess market sentiment.
Cons
- The absence of extra charting platforms like MT4 may reduce the appeal for experienced traders used to third-party software.
- The minimum withdrawal amount is $30 with a $5 fee, impacting beginners with little capital.
- Contact options are limited, except for the in-platform live chat.
Filters
Top Brokers Regulated by the Japanese Financial Services Agency (JFSA)
This guide introduces you to the best brokers that are overseen by the Japanese Financial Services Agency, ensuring protection for investors and a stable financial system in Japan. We’ll also explore the history, duties, and safeguards provided by this agency for everyday traders.
What Is The Japanese Financial Services Agency?
The Japanese Financial Services Agency, established in 2000, is the main regulatory body for financial activities in Japan. It is located in Tokyo and is led by a Commissioner appointed by the Minister in charge of Financial Services.
The JFSA shapes rules for everything related to securities trading, affecting both traders and online brokers. Any firm offering trading services to individual investors needs to have a JFSA license, which you can verify using their online register. Additionally, the JFSA is part of the international Financial Action Task Force, focusing on preventing money laundering worldwide.
Duties and Powers
To grasp what the JFSA does, it’s helpful to understand how it is organized. The agency is divided into several sections:
- Strategy Development and Management – creates policies
- Policy and Markets – develops rules for the financial market and system, like those for managing liquidity risk
- Supervision – oversees local cryptocurrency activities
- Securities and Exchange Surveillance Commission Executive – enforces rules and conducts investigations
- Certified Public Accountants and Auditing Oversight Board Executive – responsible for auditing
The JFSA can demand reports from businesses to help ensure transparency and enforce regulations. It also collaborates with the Japanese government to shape laws affecting local financial systems. An example of upcoming legislation includes rules requiring large companies to disclose their climate-related risks, aligning with international standards.
Investors Protection Fund
The JFSA ensures traders’ money is protected. Brokers need to keep client funds separate from their own. If a company goes bankrupt, the JFSA’s Investors Protection Fund can compensate investors up to 10 million yen each.
Enforcement
The Securities and Exchange Surveillance Commission, part of the JFSA, investigates financial market misbehavior and conducts business inspections. For serious rule violations, the JFSA can impose fines, shut down companies, or even pursue criminal action. Weekly updates on penalties are available from the JFSA.
Actions
Cryptocurrency
After a major hack in 2018, which exposed weaknesses in the cryptocurrency industry, the JFSA enhanced regulations for crypto exchanges to protect customer assets. Future rules might limit stablecoin issuers to banks and wire transfer services, aiming to safeguard the financial marketplace but possibly affecting crypto availability.
Forex
For currency trading, the JFSA caps leverage at 1:25, meaning traders can’t exceed borrowing 25 times their initial investment. This helps prevent large losses but also limits high-risk trading strategies. Although regulated brokers must adhere to this cap, they can set even stricter limits.
The JFSA also targets misleading advertising and frequently checks that forex brokers communicate truthfully with their customers.
Other Markets & Trading Types
The Japanese Financial Services Agency recommends streamlining the Tokyo Stock Exchange, which may affect the number of companies available in certain markets. They have tightened rules on short-selling, a practice used to sell stocks not currently owned, to prevent market abuses.
Final Thoughts on JFSA Brokers
The JFSA oversees Japan’s financial industry and its rules impact trading significantly, including those for cryptocurrency exchanges and forex trading. For those starting out, consulting our list of top JFSA brokers is a great first step.
FAQs
What Is The JFSA?
The JFSA is Japan’s main organization for overseeing financial services, creating regulations for financial companies, including brokers. They enforce these standards and provide an online tool to check for authorized entities.
Is The Japanese FSA Tough On Cryptocurrency?
Yes, the JFSA has stringent rules for cryptocurrencies to protect traders, especially after exchange thefts in 2018. These measures are similar to those of other stringent regulators worldwide.
What Is The JFSA Investors Protection Fund?
This fund is a safety net for investors if a licensed company goes bankrupt, covering up to 10 million yen per individual investor.
What Enforcement Powers Does The Japan FSA Have?
The JFSA can issue fines, shut down businesses, and even imprison individuals for serious violations, similar to other leading regulators like the UK’s Financial Conduct Authority.
What Is The Maximum Forex Leverage That The JFSA Allows?
The JFSA enforces a maximum leverage of 1:25 for forex trading, which is stricter than many international regulators, leading some brokers to register with more lenient avenues.