Alison Heyerdahl
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Author
Alison Heyerdahl
Edited by
Alison Heyerdahl
Head of Content

Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), and an experienced trader, as well as a financial writer with extensive expertise in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast.

 

Learn more about Alison Heyerdahl
Author
Author
Chris Cammack
Partner Manager and Financial Writer

Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience.

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Australian Dollar/Japanese Yen - AUD/JPY


        

    





    

        

            

                
                    
                
            

            
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AUD/JPY Background

                        
The AUD/JPY is used by many traders to diversify their portfolios away from major pairs that feature the USD. While both the AUD and the JPY are heavily influenced by the USD, this currency pair is most obviously correlated with oil prices – as Australia is a large exporter and Japan is a large importer – and economic events in China.


As a minor pair, the AUD/JPY can suffer from lack of liquidity, so it is important to trade this pair during the Asian market sessions – between midnight and 6am GMT. It’s also important to note that the AUD/JPY tends to be more volatile than major pairs and large drops and spikes in price are relatively common. Spreads are also wider than major pairs, with the industry average spread at 2 pips, though some Australian brokers can offer spreads as low as 1 pip.


The table below shows the Forex brokers with the lowest trading costs for AUD/JPY, including the spread and commission. It also details the industry average spread and industry average trading cost for 1 lot of AUD/JPY.
        

    




Best AUD/JPY Forex Brokers
Swipe to scroll
Official Site
Min. Spread
Commission
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
Ind. Avg. Spread
Ind. Avg. Trading Cost
International Regulators
Trading Desk
Hedging
Scalping
Compare
 
4.78
/ 5
Read Review
 
Visit Broker
78.48% of retail CFD accounts lose money
 
1.50 pips
USD 0
USD 15
2 pips
USD 25.68
200:1
FCA Regulated Forex BrokersCySEC Regulated BrokersASIC Regulated BrokersSecurities Commission of the Bahamas
DFSA Regulated Forex Brokers
 
Market Maker
 
Yes
 
Yes
 
 
 
4.71
/ 5
Read Review
 
Visit Broker
80% of retail CFD accounts lose money
 
1.00 pips
USD 0
USD 10
2 pips
USD 25.68
200:1
FCA Regulated Forex BrokersASIC Regulated BrokersCySEC Regulated BrokersDFSA Regulated Forex Brokers
Bundesanstalt für FinanzdienstleistungsaufsichtSecurities Commission of the BahamasCapital Markets Authority
 
NDD
 
Yes
 
Yes
 
 
 
4.69
/ 5
Read Review
 
Visit Broker
68% of retail CFD accounts lose money
 
1.80 pips
USD 0
USD 18
2 pips
USD 25.68
200:1
FCA Regulated Forex BrokersASIC Regulated BrokersDFSA Regulated Forex BrokersFinancial Services Agency
Commodity Futures Trading AssociationFinancial Markets Authority of New ZealandBundesanstalt für FinanzdienstleistungsaufsichtBermuda Monetary Authority
 
Market Maker
 
Yes
 
Yes
 
 
 
4.60
/ 5
Read Review
 
Visit Broker
N/A of retail CFD accounts lose money
 
1.70 pips
USD 0
USD 17
2 pips
USD 25.68
500:1
ASIC Regulated BrokersFinancial Services Conduct AuthorityThe Seychelles Financial Services AuthorityFinancial Services Commission
Capital Markets Authority
 
STP
 
Yes
 
Yes
 
 
 
4.59
/ 5
Read Review
 
Visit Broker
76% of retail CFD accounts lose money
 
2.10 pips
USD 0
USD 21
2 pips
USD 25.68
400:1
ASIC Regulated BrokersFinancial Services Conduct AuthorityCySEC Regulated BrokersFinancial Services Agency
Central Bank of IrelandFinancial Regulatory Services AuthorityIsrael Securities Authority
 
Market Maker
 
Yes
 
Yes
 
 
 
4.58
/ 5
Read Review
 
Visit Broker
74% of retail CFD accounts lose money
 
0.90 pips
USD 4
USD 13
2 pips
USD 25.68
1000:1
CySEC Regulated BrokersFCA Regulated Forex BrokersFinancial Services Conduct AuthorityThe Seychelles Financial Services Authority
DFSA Regulated Forex Brokers
 
STP
 
Yes
 
Yes
 
 
 
4.53
/ 5
Read Review
 
Visit Broker
76% of retail CFD accounts lose money
 
1.30 pips
USD 0
USD 13
2 pips
USD 25.68
500:1
ASIC Regulated BrokersFCA Regulated Forex BrokersMonetary Authority of SingaporeFinancial Markets Authority of New Zealand
Bundesanstalt für Finanzdienstleistungsaufsicht
 
Market Maker
 
Yes
 
Yes
 
 
 
4.53
/ 5
Read Review
 
Visit Broker
N/A of retail CFD accounts lose money
 
0.49 pips
USD 7
USD 11.90
2 pips
USD 25.68
500:1
ASIC Regulated BrokersSecurities Commission of the BahamasFCA Regulated Forex BrokersCySEC Regulated Brokers
 
Market Maker NDD
 
Yes
 
Yes
 
 
 
4.49
/ 5
Read Review
 
Visit Broker
78% of retail CFD accounts lose money
 
0 pips
USD 0
USD 0
0 pips
USD 0
500:1
CySEC Regulated BrokersFCA Regulated Forex BrokersInternational Financial Services CommissionKomisja Nadzoru Finansowego
 
Market Maker NDD
 
Yes
 
Yes
 
 
 
4.47
/ 5
Read Review
 
Visit Broker
75% of retail CFD accounts lose money
 
1.20 pips
USD 0
USD 12
2 pips
USD 25.68
200:1
FCA Regulated Forex BrokersASIC Regulated BrokersMonetary Authority of SingaporeCySEC Regulated Brokers
Cayman Islands Monetary AuthorityCommodity Futures Trading Association
 
Market Maker
 
Yes
 
Yes
 
 
Capital.com
4.8
Read Review
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.
Min. Spread
1.5 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 15
Ind. Avg. Spread
2 pips
Ind. Avg. Trading Cost
USD 25
Max. Leverage (Forex)
200:1
International Regulators
regulatorregulatorregulatorregulator
regulator
Trading Desk
Market Maker
Hedging
Yes
Scalping
Yes
Visit Broker
Compare now
Pepperstone
4.7
Read Review
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.
Min. Spread
1 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 10
Ind. Avg. Spread
2 pips
Ind. Avg. Trading Cost
USD 25
Max. Leverage (Forex)
200:1
International Regulators
regulatorregulatorregulatorregulator
regulatorregulatorregulator
Trading Desk
NDD
Hedging
Yes
Scalping
Yes
Visit Broker
Compare now
IG
4.7
Read Review
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.
Min. Spread
1.8 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 18
Ind. Avg. Spread
2 pips
Ind. Avg. Trading Cost
USD 25
Max. Leverage (Forex)
200:1
International Regulators
regulatorregulatorregulatorregulator
regulatorregulatorregulatorregulatorregulatorregulatorregulator
Trading Desk
Market Maker
Hedging
Yes
Scalping
Yes
Visit Broker
Compare now
FP Markets
4.6
Read Review
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.
Min. Spread
1.7 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 17
Ind. Avg. Spread
2 pips
Ind. Avg. Trading Cost
USD 25
Max. Leverage (Forex)
500:1
International Regulators
regulatorregulatorregulatorregulator
regulator
Trading Desk
STP
Hedging
Yes
Scalping
Yes
Visit Broker
Compare now
AvaTrade
4.6
Read Review
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.
Min. Spread
2.1 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 21
Ind. Avg. Spread
2 pips
Ind. Avg. Trading Cost
USD 25
Max. Leverage (Forex)
400:1
International Regulators
regulatorregulatorregulatorregulator
regulatorregulatorregulator
Trading Desk
Market Maker
Hedging
Yes
Scalping
Yes
Visit Broker
Compare now
Tickmill
4.6
Read Review
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.
Min. Spread
0.9 pips
Commission
4.00
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 13
Ind. Avg. Spread
2 pips
Ind. Avg. Trading Cost
USD 25
Max. Leverage (Forex)
1000:1
International Regulators
regulatorregulatorregulatorregulator
regulator
Trading Desk
STP
Hedging
Yes
Scalping
Yes
Visit Broker
Compare now
CMC Markets
4.5
Read Review
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.
Min. Spread
1.3 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 13
Ind. Avg. Spread
2 pips
Ind. Avg. Trading Cost
USD 25
Max. Leverage (Forex)
500:1
International Regulators
regulatorregulatorregulatorregulator
regulator
Trading Desk
Market Maker
Hedging
Yes
Scalping
Yes
Visit Broker
Compare now
Eightcap
4.5
Read Review
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.
Min. Spread
0.49 pips
Commission
7.00
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 11
Ind. Avg. Spread
2 pips
Ind. Avg. Trading Cost
USD 25
Max. Leverage (Forex)
500:1
International Regulators
regulatorregulatorregulatorregulator
Trading Desk
Market Maker NDD
Hedging
Yes
Scalping
Yes
Visit Broker
Compare now
XTB
4.5
Read Review
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.
Min. Spread
0 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 0
Ind. Avg. Spread
0 pips
Ind. Avg. Trading Cost
USD 0
Max. Leverage (Forex)
500:1
International Regulators
regulatorregulatorregulatorregulator
Trading Desk
Market Maker NDD
Hedging
Yes
Scalping
Yes
Visit Broker
Compare now
FOREX.com
4.5
Read Review
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.
Min. Spread
1.2 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 12
Ind. Avg. Spread
2 pips
Ind. Avg. Trading Cost
USD 25
Max. Leverage (Forex)
200:1
International Regulators
regulatorregulatorregulatorregulator
regulatorregulator
Trading Desk
Market Maker
Hedging
Yes
Scalping
Yes
Visit Broker
Compare now
 
  
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