Forex regulation in Japan
This page explains the authorities and public records connected with retail forex and CFD activity in Japan. Rules can depend on the product, legal entity, client type and location.
Regulatory overview
The FSA caps leverage at 1:25 and registers domestic operators. International brokers serve Japanese clients from offshore entities.
Authorities
Broker records
| Broker | Authority | Licence | Status | |
|---|---|---|---|---|
 AvaTrade 9.2/10 | FSA (Japan) | 1662 | Review pending | View licence record |
 Plus500 9.0/10 | FSA (Japan) | Not confirmed | Review pending | View licence record |
 IG 8.5/10 | FSA (Japan) | Not confirmed | Review pending | View licence record |
 Saxo Bank 8.4/10 | FSA (Japan) | Not confirmed | Review pending | View licence record |
 Dukascopy 8.3/10 | FSA (Japan) | Not confirmed | Review pending | View licence record |
 FOREX.com 8.2/10 | FSA (Japan) | Not confirmed | Review pending | View licence record |
 OANDA 7.5/10 | FSA (Japan) | Not confirmed | Review pending | View licence record |
| AvaTrade 9.2/10 | FFAJ (Japan) | 1574 | Review pending | View licence record |
Client protections
Under FSA (Japan)
- Client-money rules
- Applies in limited circumstances
- Capital requirements
- Varies by licence
- Negative balance protection
- Not confirmed
- Leverage restrictions
- Applies to eligible retail clients
- Compensation scheme
- Not confirmed
- External dispute resolution
- Not confirmed
- Risk disclosures
- Required for relevant firms
- Reporting or audit
- Required for relevant firms
Under FFAJ (Japan)
- Client-money rules
- Not confirmed
- Capital requirements
- Not confirmed
- Negative balance protection
- Not confirmed
- Leverage restrictions
- Not confirmed
- Compensation scheme
- Not confirmed
- External dispute resolution
- Not confirmed
- Risk disclosures
- Not confirmed
- Reporting or audit
- Not confirmed
Complaint routes
We have not confirmed a public complaint-submission route for an authority in Japan. Check the official website and the broker's governing documents.
Official warnings
Frequently asked questions
Is forex trading regulated in Japan?
FSA (Japan), FFAJ (Japan) are the authorities on record for Japan. The FSA caps leverage at 1:25 and registers domestic operators. International brokers serve Japanese clients from offshore entities.
Does a foreign licence protect a trader in Japan?
Only when the account is legally contracted with the licensed entity and the licence permits the relevant service. A broker brand may operate several entities, and the protections follow the entity that signs the account agreement, not the brand.