Lowest Spread Forex Brokers For USD/JPY


On any trading platform, there are two prices for each financial instrument – the Bid and the Ask. When buying or going long, traders use the Ask Price, while the Bid Price is used for selling or going short. The difference between the Bid and Ask Price represents the spread. It is an income for the broker (fee), which is also a cost for the trader. Therefore, a lower spread would be much better for traders.

Most brokers offer the lowest spread on several popular pairs, which one of those kinds is USD/JPY. This pair is quite familiar, especially for those who love Carry Trade, due to its low-interest rate. The daily price movement for USD/JPY is not as much as on GBP/USD or EUR/USD, because it is only about 100 pips. If you wish to trade on the lowest spread forex brokers for USD/JPY, a list below could be a great help in finding the best broker for you.


Oct 23 2020

3.48/5
USD/JPY SPREAD
0.1
Pips

Location : Australia, Cyprus, Czech Republic, South Africa, Spain and United Kingdom

Min. Deposit : $100

Spread : Fixed and Variable

Leverage : 1:30


3.65/5
USD/JPY SPREAD
0.2
Pips

Location : Belize, China, Czech Republic, Egypt, Hong Kong, Indonesia, Latvia, Lithuania, Malaysia, Moldova, Republic of, New Zealand, Romania, Russian Federation, Taiwan, Thailand and United Kingdom

Min. Deposit : $10

Spread : Variable and Fixed

Leverage : 1:2000


3.28/5
USD/JPY SPREAD
0.3
Pips

Location : China, Egypt, Indonesia, Korea Republic of, Malaysia and Thailand

Min. Deposit : $1

Spread : Variable and Fixed

Leverage : 1:3000


3.32/5
USD/JPY SPREAD
1.0
Pips

Location : Saint Vincent and Grenadines

Min. Deposit : $10

Spread : Fixed

Leverage : 1:1000


3.67/5
USD/JPY SPREAD
1.2
Pips

Location : Cyprus, Germany, Philippines and Seychelles

Min. Deposit : $100

Spread : Variable and Fixed

Leverage : 1:400


3.41/5
USD/JPY SPREAD
1.3
Pips

Location : Australia, Canada, Chile, France, Germany, Hong Kong, Israel, Italy, Japan, South Africa, United Kingdom and United States

Min. Deposit : $1

Spread : Variable and Fixed

Leverage : 1:400


4.09/5
USD/JPY SPREAD
1.4
Pips

Location : Australia and United Kingdom

Min. Deposit : $250

Spread : Variable

Leverage : 1:500


4.62/5
USD/JPY SPREAD
1.7
Pips

Location : Hong Kong, Japan, Latvia, Malaysia, Russian Federation, Switzerland, Ukraine and United Arab Emirates

Min. Deposit : $100

Spread : Variable and Fixed

Leverage : 1:200


4.23/5
USD/JPY SPREAD
4.1
Pips

Location : Australia, Hong Kong and Viet Nam

Min. Deposit : $200

Spread : Variable

Leverage : 1:500


3.91/5
USD/JPY SPREAD
5.3
Pips

Location : Seychelles

Min. Deposit : $100

Spread : Variable and Fixed

Leverage : 1:500

From Myfxbook