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AuthorBy Chris Cammack
Updated: July 5, 2022

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 AUDJPY Forex Brokers

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Broker
Overall Rating
Official Site
Min. Spread
Commission
Cost of Trading (USD)
Ind. Avg. Spread
Ind. Avg. Trading Cost
Max. Leverage (Forex)
International Regulators
Trading Desk
Hedging
Scalping
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IG
4.69 /5
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1.80 pipsUSD 0USD 182 pipsUSD 25.7730:1FCA Regulated Forex BrokersASIC Regulated BrokersBundesanstalt für FinanzdienstleistungsaufsichtFinansinspektionenMarket Maker
Capital.com
4.68 /5
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1.50 pipsUSD 0USD 152 pipsUSD 25.7730:1FCA Regulated Forex BrokersCySEC Regulated BrokersASIC Regulated BrokersMarket Maker
Pepperstone
4.61 /5
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1.00 pipsUSD 0USD 102 pipsUSD 25.7730:1FCA Regulated Forex BrokersASIC Regulated BrokersCySEC Regulated BrokersDFSA Regulated Forex BrokersBundesanstalt für FinanzdienstleistungsaufsichtSecurities Commission of the BahamasCapital Markets AuthorityNDD
Markets.com
4.49 /5
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2.50 pipsUSD 0USD 252 pipsUSD 25.7730:1FCA Regulated Forex BrokersCySEC Regulated BrokersASIC Regulated BrokersFinancial Services Conduct AuthorityBritish Virgin Islands Financial Services CommissionMarket Maker
AvaTrade
4.48 /5
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2.10 pipsUSD 0USD 212 pipsUSD 25.7730:1ASIC Regulated BrokersFinancial Services Conduct AuthorityBritish Virgin Islands Financial Services CommissionFinancial Services AgencyCySEC Regulated BrokersCentral Bank of IrelandMarket Maker
Tickmill
4.48 /5
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0.90 pipsUSD 4USD 132 pipsUSD 25.7730:1CySEC Regulated BrokersFCA Regulated Forex BrokersLabuan Financial Services AuthorityFinancial Services Conduct AuthorityThe Seychelles Financial Services AuthoritySTP
IC Markets
4.46 /5
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1.50 pipsUSD 0USD 152 pipsUSD 25.7730:1CySEC Regulated BrokersASIC Regulated BrokersThe Seychelles Financial Services AuthorityECN/DMA
Admiral Markets
4.34 /5
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2.20 pipsUSD 0USD 222 pipsUSD 25.7730:1ASIC Regulated BrokersCySEC Regulated BrokersFCA Regulated Forex BrokersFinancial Services Conduct AuthoritySTP
Axitrader
4.34 /5
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1.40 pipsUSD 0USD 142 pipsUSD 25.7730:1FCA Regulated Forex BrokersASIC Regulated BrokersFinancial Markets Authority of New ZealandDFSA Regulated Forex BrokersECN/DMA
FXTM
4.33 /5
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3.70 pipsUSD 0USD 372 pipsUSD 25.7730:1CySEC Regulated BrokersFCA Regulated Forex BrokersFinancial Services CommissionECN/DMA, Market Maker

Featured Brokers

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