Following the 1990s banking crisis in Japan, the Financial Services Agency was set up to maintain stability in the Japanese financial system and introduced some of the strictest measures, with their sister watchdog agency the Financial Futures Association of Japan, to limit the operations of financial service providers and added restrictions for traders.
Japanese regulated Forex brokers are restricted to offering 25:1 leverage, no negative balance protection for retail clients, no hedging or scalping, no signup bonuses and legally mandated margin amounts. These limits lead to less risky activity on behalf of the trader, but less profitability too. Because of the restrictions, Japanese Forex traders may prefer to open trading accounts with International Forex brokers that are exempt from some of the most restrictive measures. While these International brokers can offer enhanced trading conditions, they are still required to restrict their marketing campaigns.
These are the best Forex overseas Forex brokers in Japan for 2023
