Overseas Forex Spread and Commission Comparison List | Introducing Zero Spread Accounts and Brokers with Narrow Spreads

When choosing an overseas forex broker, narrow spreads are a crucial factor that directly impacts not only trading costs but also whether you can enter and exit trades at favorable prices. Spread widths vary significantly depending on the broker and account type, and trading conditions can differ greatly even for the same currency pair. In this article, we measure the spreads of major currency pairs and thoroughly compare multiple overseas forex brokers. Furthermore, we explain recommended brokers with low spreads and how to reduce trading costs by utilizing cashback programs. By reading this article, you will find overseas forex brokers that offer low actual costs and enable efficient trading. Based on the results of a survey of over 20,000 users, the MoneyChager editorial team has analyzed the safety and trading environment of overseas forex brokers and can introduce truly recommended overseas forex brokers with narrow spreads, so please look forward to it. We have also considered safety by referring to the Financial Services Agency and the Financial Futures Trading Act. It goes without saying that the difference in savings becomes more significant as the number of trades increases when comparing accounts that offer cashback for each trade with accounts that do not. If you want to trade profitably with overseas forex, it is recommended that you make full use of cashback. If you prioritize bonuses over spreads when choosing an overseas FX broker, please refer to the "Overseas FX Account Opening Bonus/Deposit Bonus Comparison Ranking." What are Overseas FX Spreads? What exactly are "spreads" in overseas FX? In fact, a correct understanding of spreads is essential for trading at favorable prices. Here, we will explain specifically what spreads are, important points in actual trading, and trends among brokers. What are Spreads? A spread refers to the difference between the buying price (Ask) and the selling price (Bid). Spread Buy price: The price when entering a buy order (long position) Sell price: The price when entering a sell order (short position) This spread is almost always fluctuating, and how wide it is depends on the trading conditions of the FX broker you are using and the market conditions. FX brokers secure their own profits by adding a markup to the spreads of their partner financial institutions, or by securing their own revenue from trading fees. The narrower the spread, the easier it is to trade at a favorable price When choosing an overseas FX broker, traders prioritize the narrowness of the spread. This is because the narrower the spread, the more favorable the price you can trade at. The market always moves with the buying price higher than the selling price. Advantages of low spreads Direction of trade Price when entering a trade Price when closing a trade Impact of the spread New buy (long position) Buy price (Ask) Sell price (Bid) The narrower the spread, the lower the buy price and the higher the selling price New sell (short position) Sell price (Bid) Buy price (Ask) The narrower the spread, the higher the selling price and the lower the buy price Advantages of low spreads For example, when you take a position (when you take a dollar if you buy USD/JPY), the spread is an unrealized loss. However, the narrower the spread, the smaller that unrealized loss becomes. Naturally, a narrower spread means you will make a profit faster, so "narrow spreads = favorable rates" are available for trading. Differences between brokers with wide and narrow spreads There is a significant difference between brokers with wide and narrow spreads among overseas FX brokers. The spread is a key factor in choosing a broker. However, brokers with wide spreads have other advantages. Item Wide brokers Narrow brokers Maximum leverage High Low Bonus campaigns Many Few Spread and Broker Trends Brokers with wide spreads tend to be more proactive in offering bonus campaigns and higher maximum leverage because they can secure larger profits from spreads. On the other hand, brokers with narrow spreads are less proactive in offering bonuses because they earn less from spreads. Differences in Spreads Between Overseas FX and Domestic FX There are differences between overseas FX and domestic FX, including the mechanisms for presenting spreads. Spread Mechanism Account Type and Execution Method Spread Units You often hear comments like "Overseas FX has wider spreads than domestic FX," but you can't actually compare the spreads of the two without knowing the differences between overseas FX and domestic FX. Spread Mechanism First of all, there is a major difference between the mechanisms of overseas FX and domestic FX: "variable spreads" and "principally fixed spreads." Item Variable Spreads Fixed Spreads Characteristics Spreads are always fluctuating The basic principle is that a predetermined spread is offered High volatility markets Spreads widen Spreads widen Low volatility markets Spreads narrow Fixed low spreads are common among overseas FX brokers Common among domestic FX brokers Differences in spread mechanisms Domestic FX often offers very narrow spreads with fixed spreads in principle. One reason why domestic FX brokers can offer fixed spreads in a market where prices are constantly fluctuating is that over-the-counter (OTC) trading is the mainstream in domestic FX. Mechanism of over-the-counter (OTC) trading In OTC trading, the FX broker settles customer orders themselves, making it easier for the FX broker to set spreads. The adoption of this OTC trading is one of the factors that allows domestic FX to offer low spreads with fixed spreads in principle. Account types and execution methods Overseas FX is characterized by different trading conditions depending on the account type, even for the same account. Depending on the account type, there are no spread markups by the broker, and you can trade with very narrow spreads. On the other hand, domestic FX brokers do not have account type settings, and only one account can be used per account. Information The mechanism and characteristics of account types with narrow spreads in overseas FX are explained in "Differences between STP accounts and ECN accounts". Spread units The spread units for "cross yen currency pairs" that include the Japanese yen differ between overseas FX and domestic FX. In domestic FX, it is common to express the spread of cross yen in sen (Japanese yen). Price difference Overseas FX pips Domestic FX sen 1 yen 100 pips 100 sen 0.1 yen 10 pips 10 sen 0.01 yen 1 pip 1 sen Cross yen spread notation Pips is a unit that indicates the price difference. In domestic FX as well, currency pairs other than cross yen are expressed in pips. Warning However, it is important to note that the definition of 1 pip varies depending on the price notation of each broker. If the minimum price is small and displayed down to "0.001 yen", then 0.001 yen is 1 pip. Key Points When Comparing Spreads in Overseas Forex Trading There are two key points to consider when comparing spreads in overseas forex trading: Differences between STP and ECN accounts Trading fees Unlike domestic forex trading, overseas forex spreads vary depending on the account type. Differences between STP and ECN Accounts Overseas forex trading generally offers two main account types: STP and ECN accounts. These use different execution methods. Comparison Item STP Account ECN Account Execution Method NDD STP Method NDD…

Recommended Overseas Forex Scalping Account Comparison! A thorough explanation of why you might not be winning and what to avoid!

Scalping with overseas forex brokers is an ideal trading style for traders who want to efficiently accumulate profits with small amounts of capital. This article thoroughly explains why overseas forex is suitable for scalping, and introduces recommended methods that can actually be used, as well as brokers that are strong in scalping. If you want to steadily aim for profits in a short period of time by making the most of narrow spreads, high execution speed, and high leverage environment, please refer to this article. The MoneyChager editorial team has taken into account the results of a survey of more than 20,000 users and can introduce you to overseas forex accounts that are truly recommended for scalping, so please look forward to it. We have also taken safety into consideration, referring to the Financial Services Agency and the Financial Futures Trading Act. Comparison Table of Overseas Forex Brokers Suitable for Scalping We have compiled a comparison table for those who want to know only about overseas forex brokers that are suitable for scalping. When scalping with overseas forex brokers, it is important to choose an account based on trading conditions that make scalping advantageous, such as narrow spreads and high maximum leverage. Detailed information on each company listed in the comparison table above can be found in "Overseas FX Strong for Scalping! Recommended Account Ranking". What is scalping? Scalping is a trading method that is performed over a short period of time, from a few seconds to a few minutes. Due to the characteristic that each trade is completed in a short time, scalping involves repeating multiple trades in a day to accumulate small profits. In order to capture small price movements, it is important to choose an overseas FX broker that has narrow spreads and high execution speed. MoneyChat Editorial Department Overseas FX tends to have higher execution speed compared to domestic FX. Execution speed is the ability to execute orders from traders accurately and quickly, and is especially important in short-term trading such as scalping. Why Overseas FX is Ideal for Scalping In fact, many overseas FX brokers offer a trading environment that is ideal for scalping. Higher execution speed compared to domestic FX Many overseas FX brokers also have narrow spreads Scalping and high leverage are a good match Here, we will explain the three points above that make overseas FX ideal for scalping. Knowing the advantages of scalping with overseas forex brokers allows you to trade in an environment where it's easier to accumulate profits in a short period of time. Higher execution power compared to domestic forex Many overseas forex brokers employ the NDD (Non-Dealing Desk) system, which has excellent execution power. With the NDD system, orders are processed directly by the system without going through a dealer, so slippage and order rejection are less likely to occur. In scalping, split-second decisions can determine success or failure, so high execution power is essential. As a general trend, overseas forex brokers have high execution power, and most of them officially allow scalping. https://money-charger.com/information/overseas-fx-power-of-execution/ Many overseas forex brokers also have narrow spreads Some people may have seen reviews saying that scalping with overseas forex is difficult to win because of wide spreads. We have compiled a table of the average spreads measured for various overseas forex companies. Broker Name Account Type USDJPYEURUSDGBPUSDAUDUSDXAUUSD Exness Zero Account 0.45 pips (0.1 + 0.35) 0.45 pips (0.1 + 0.35) 0.65 pips (0.2 + 0.45) 0.6 pips (0.1 + 0.5) 0.8 pips (0 + 0.8) Axi Elite Account 0.675 pips (0.5 + 0.175) 0.575 pips (0.4 + 0.175) 0.875 pips (0.7 + 0.175) 0.475 pips (0.3 + 0.175) 1.35 pips (1.0 + 0.125) ThreeTraderRaw Zero Account: 0.7 pips (0.5 + 0.2), 0.6 pips (0.4 + 0.2), 1.0 pips (0.8 + 0.2), 0.5 pips (0.3 + 0.2), 1.0 pips (1.0 + 0) HFM Zero Spread Account: 1.1 pips (0.8 + 0.3), 0.7 pips (0.4 + 0.3), 0.9 pips (0.6 + 0.3), 0.6 pips (0.3 + 0.3), 2.4 pips (1.7 + 0.7) XS.com Elite Account: 1.3 pips (1.0 + 0.3), 0.6 pips (0.3 + 0.3), 0.8 pips (0.5 + 0.3), 0.6 pips (0.3 + 0.3), 0.9 pips (0.6 + 0.3) Overseas Forex Spread Comparison Table Information Transaction fees are added as the effective spread, converted at 1 dollar = 0.1 pip. (The figures in parentheses indicate the average spread + transaction fees.) Even with overseas forex, spreads can vary greatly depending on the broker and account type you choose. If you don't choose an overseas forex account that specializes in low spreads, scalping tends to be disadvantageous. Even with overseas forex, by choosing an account that specializes in low spreads, it is entirely possible to trade major currency pairs with spreads of less than 0.5 pips. If you are looking for an overseas forex broker that specializes in low spreads, which are essential for scalping, please refer to the "Overseas Forex Spread and Fee Comparison List". https://money-charger.com/information/overseas-fx-spread/ Scalping and high leverage are a good match Scalping and high leverage are a very good match. When trading with high leverage, it is necessary to reduce the stop-loss range in order to reduce risk. Since scalping targets small price movements, the stop-loss range tends to be narrow as well. Therefore, it is well compatible with high leverage of 1,000 times or more, like in overseas forex, and is ideal for traders who want to earn money with a small amount of capital. Be sure to check the tips and precautions for high leverage trading in advance. Selection Criteria for Overseas Forex Brokers for Scalping When choosing an overseas forex broker that is easy to use and advantageous for scalping, it is recommended to check the following points: Whether or not scalping is restricted Whether the maximum leverage is sufficiently high Whether or not zero cut is used so there is no need to worry about margin calls Whether or not the forced stop cut level is 50% or less Whether or not effective spreads are narrow Whether or not an ECN account is provided Whether or not MT5 or cTrader is used Whether or not the stop level is narrow Whether or not slippage is high Whether or not order rejection (requote) is unlikely By choosing an overseas forex broker that meets these selection criteria, you can concentrate on trading under advantageous conditions for scalping. Whether or not scalping is restricted First of all, it is important to check whether or not scalping is permitted by the overseas forex broker. If you engage in scalping with an overseas FX broker that prohibits it, you may be subject to penalties such as profit cancellation (refusal of withdrawal) or account freezing. MoneyChat Editorial Department Even if scalping itself is permitted, some overseas FX brokers have indirect restrictions such as "no closing positions within X seconds." To avoid trouble, it is important to check the terms of service to see if there are any restrictions on the holding period of positions or the number of lots, and to contact support if you have any concerns. Sufficiently high maximum leverage High maximum leverage is the biggest weapon when scalping with overseas FX. With high maximum leverage, you can take on large positions with a small amount of capital, increasing the possibility of increasing your capital in a short period of time. For example, overseas FX brokers offer a maximum leverage of at least 500 times or more, making it possible to trade up to nearly 5 million yen with a capital of 10,000 yen. Find a broker with high leverage from the leverage comparison recommended overseas FX broker ranking. Zero cut policy eliminates worries about margin calls When scalping with overseas FX, it is important to check whether the broker employs a zero cut policy that prevents margin calls. If you choose a broker that doesn't offer a zero-cut system, you risk incurring losses exceeding your account balance when scalping with high leverage

IS6FX Reviews and User Feedback | Thorough Investigation of Safety and Withdrawal Refusal Cases

IS6FX is a popular overseas forex broker among Japanese traders, known for its generous bonus campaigns. Originally operating under the name "is6com," it was rebranded in 2020 and renamed to its current name, "IS6FX." However, it still has relatively low name recognition, and since there are many unscrupulous overseas forex brokers that frequently refuse withdrawals, many people are concerned about the safety and reliability of IS6FX. Therefore, this article will explain the reputation and safety of IS6FX based on user reviews and actual cases. What you will learn in this article IS6FX's good reputation and reviews IS6FX's bad reputation and reviews IS6FX's safety and reliability IS6FX's withdrawal refusal cases About IS6FX's account types IS6FX's current bonus campaigns IS6FX's unique point system How to open an IS6FX account IS6FX's deposit and withdrawal methods For recommended overseas FX brokers with good reputations, please refer to this article ↓ https://money-charger.com/information/overseas-forex-reputation/ IS6FX's good reputation and reviews Good review 1: Generous bonus campaigns Good review 2: Uses the NDD method Good review 3: Bonuses can be cashed out Good review 4: Excellent Japanese support Good review 5: High leverage trading is possible Good review 6: High execution speed Good review 7: VPS is available Good review 8: Has introduced a unique point system Good review 9: Supports cryptocurrency trading Good review 10: Order advantages can be confirmed Below are the good reviews and comments. Good review 1: Generous bonus campaigns I've said this many times, but a bonus without a cushioning function is not a bonus. Please give it a different name. It's confusing. By the way, HFM IS6FX Milton is currently offering a 100% bonus. These bonuses, of course, have a cushion function. I think you should definitely take advantage of them. — Omisa Princess-M Bakuekisha (@Princess_M555) December 11, 2024 IS6FX is currently running five campaigns as of March 2025. Among them is a 100% deposit bonus, which allows you to receive a bonus equal to your initial deposit, making it a popular bonus campaign that allows you to trade with double the margin. There is also a bonus campaign where you can receive a 3,000 yen bonus when you open an account, making it possible to start trading immediately without making a deposit. *From March 3rd to March 8th, 2025, there is a 13,000 yen account opening bonus. For more details on the bonus campaigns being offered by IS6FX, please see here. Positive Reputation ② Adoption of NDD Method NDD stands for No Dealing Desk, a method in which customer orders are routed directly to the interbank market without going through the FX broker. In the DD method, the FX broker is between the customer and the interbank market, so there were times when orders were executed at unexpected prices or were rejected due to time lags. However, with the NDD method adopted by IS6FX, orders are routed directly to the interbank market, resulting in high order transparency and a high execution rate. Positive Reputation ③ Ability to Cash Out Bonuses IS6FX has an Exchange (EX) account that allows you to cash out bonuses depending on your trading. In the case of FX trading, for every lot traded, $2 is converted from bonus to cash for winning trades and $4 for losing trades. The system that allows you to cash out bonuses is said to be the first in the industry, and is a unique advantage of IS6FX. Positive Reputation ④ Excellent Japanese Support IS6FX's official website is fully localized in Japanese, and you can contact them through the chatbot and inquiry form. IS6FX has many Japanese staff members, so you can ask questions and make inquiries in Japanese only. They also claim to respond within 24 hours and you can inquire 365 days a year. I actually inquired about trading methods and received a response in about 2 hours. Positive review ⑤ High leverage trading is possible IS6FX allows you to trade with leverage up to 1000 times with Micro, Standard, and Pro Zero accounts. 1000 times leverage is already considered high, but IS6FX also offers account types with even higher leverage of 2000 times and 6666 times. The 6666x leverage account is a limited account and cannot be opened at the moment, but the 2000x leverage account has changed from a limited account to a permanently available account and can be opened at any time. To maintain 2000x leverage, your trading volume must be less than $200,000, so be careful with the number of lots you hold. More details about the leverage for each account type can be found here. If you want to know how to win and tips for high-leverage trading, please refer to this article ↓ https://money-charger.com/information/overseas-forex-benefits/ Positive review ⑥ High execution power IS6FX uses the NDD method for trading, so its execution power is inherently high, but in addition, IS6FX's unique system achieves an extremely high execution rate of 99%. Executing at the target price is an important aspect of trading, so a high execution rate is advantageous for traders. Positive review ⑦ VPS available VPS stands for Virtual Private Server, and is used when using automated trading. IS6FX offers free VPS use for accounts with a total balance of 500,000 yen or more. Even with a total balance of less than 500,000 yen, you can use VPS by paying $28 per month. Positive review ⑧ Unique point system implemented…

Are there no margin calls in overseas forex trading? An explanation of the disadvantages and mechanisms of the zero-cut system

Some overseas forex brokers employ a zero-cut system, meaning no margin calls are incurred. This is a service unique to overseas forex brokers, as it is not available with domestic forex brokers. By utilizing the zero-cut system, it is possible to trade with reduced risk. Therefore, when using an overseas forex broker, it is necessary to know the features of this system. This article will explain in detail the advantages, disadvantages, and points to note regarding the zero-cut system in overseas forex. For popular brokers that employ the zero-cut system, please check the ranking of recommended overseas forex brokers with good reputations. If you are new to overseas forex, we recommend that you read this complete guide for overseas forex beginners. What is the zero-cut system that eliminates margin calls in overseas forex? By utilizing the overseas forex zero-cut system, no margin calls are incurred, making it possible to trade with reduced risk. Here, we will explain the zero-cut system in detail. The contents to be explained are as follows: What is a margin call in forex? The mechanism of the zero-cut system that eliminates margin calls in overseas forex The difference between zero-cut and stop-loss The process until the execution of the zero-cut system that eliminates margin calls in overseas forex What is a margin call in forex? A margin call is an abbreviation for additional margin, which is an additional margin that is incurred when the margin falls below a certain maintenance ratio. In FX trading, losses can occur, causing the margin to fall below the initial deposit and resulting in a negative balance. When the margin becomes negative, additional deposits are required to replenish it. This situation is called a "margin call." How the Zero Cut System of Overseas FX Traders Works The zero cut system is a system that prevents traders from incurring debt when their trading losses fall below their initial deposit. Because no debt is incurred, positions are forcibly closed when the margin reaches zero. Therefore, the margin will never go negative. Without a zero cut system, if a trader incurs a large loss that falls below the initial deposit, the margin will go negative and a margin call will occur. With a zero cut system, the margin will never go negative, so no margin calls occur. Difference between Zero Cut and Stop-Loss The zero cut system is a type of stop-loss system. Stop-loss is a system in which positions are forcibly closed when the margin maintenance ratio falls below a certain level. Zero cut is a system in which positions are forcibly closed when the margin maintenance ratio reaches 0%. Stop-loss is a system to prevent the account balance from going negative. However, if the exchange rate fluctuates rapidly due to economic indicators, etc., there may be times when stop-loss orders cannot be executed in time. In such cases, the zero-cut system will offset the losses even if the account balance goes negative, and return the account balance to zero. For information on how to calculate and avoid stop-loss orders, please check this article: https://money-charger.com/information/fx-loss-cut/ Flow of execution of the zero-cut system with no margin calls in overseas FX The flow of execution of the zero-cut system in overseas FX is as follows: With the zero-cut system, the losses incurred by the trader will be limited to the amount deposited in the trading account. Why are there no margin calls in overseas FX? Differences from domestic FX brokers Many overseas FX brokers have introduced a zero-cut system with no margin calls. On the other hand, it is not possible to introduce a zero-cut system with no margin calls in Japan. Here, we will explain the following in detail. Reasons why overseas FX brokers implement zero-cut systems that eliminate margin calls Reasons why domestic FX brokers cannot implement zero-cut systems that eliminate margin calls Reasons why overseas FX brokers implement zero-cut systems that eliminate margin calls The reason why overseas FX brokers implement zero-cut systems that eliminate margin calls is to increase the trading volume of traders. Without a zero-cut system, traders would inevitably have to trade while bearing the risk of margin calls. With a zero-cut system, traders can trade with peace of mind because they know that margin calls will not occur. When traders' trading volume increases, overseas FX brokers can increase their profits from spreads and trading fees. However, some overseas FX brokers do not adopt zero-cut systems, so be sure to check when choosing a broker. Reasons why domestic FX brokers cannot implement zero-cut systems that eliminate margin calls Domestic FX brokers cannot implement zero-cut systems that eliminate margin calls. This is because the Financial Instruments and Exchange Act in Japan prohibits "compensation for losses." Therefore, in domestic FX, when the margin becomes negative, a margin call occurs. Overseas FX is not bound by the Financial Instruments and Exchange Act in Japan, so it is possible to implement zero-cut systems. If you want to take advantage of the zero-cut system, you should use an overseas FX broker. For information on the advantages and disadvantages of overseas FX and domestic FX, please see this article: https://money-charger.com/information/fx-domestic-and-overseas/ Advantages of the Zero-Cut System with No Margin Calls in Overseas FX Here, we will explain in detail the advantages of the zero-cut system with no margin calls in overseas FX. No risk of debt Peace of mind trading is possible Good compatibility with high leverage No risk of debt Using the zero-cut system means no margin calls will occur. Therefore, there is no risk of debt. This is arguably the biggest advantage of the zero-cut system. Because there is no risk of debt, even beginners can trade with peace of mind by using an overseas FX broker. Let's also look at cases where debt can occur in FX and how to deal with them. Peace of mind trading is possible Because there is no risk of debt when using the zero-cut system, traders can trade with peace of mind. For traders starting with small capital, they can concentrate on their own trading without feeling much stress even in the face of sudden price fluctuations. …

Top 5 Recommended Overseas Forex Brokers by Number of Currency Pairs! We also introduce important points to consider when trading minor currencies

The currency pairs offered vary depending on the overseas forex broker. A currency pair, in essence, refers to a combination of currencies between two countries, such as "USD/JPY." This article explains the "Top 5 Recommended Overseas Forex Brokers" based on the number of currency pairs offered, and "Points to Note When Trading Minor Currencies." Understanding the points to note regarding minor currencies can help reduce the risk of loss when trading with overseas forex brokers that handle many currencies, so please read to the end. Comparing the Number of Currency Pairs Offered by 5 Overseas Forex Brokers! Basic Information You Should Know Also Included The currencies you can trade in overseas forex vary depending on the overseas forex broker. Therefore, we will introduce comparative information on the currency pairs offered by overseas forex brokers, along with basic forex information you should know. A Currency Pair is "A Combination of Currencies Between Two Countries in a Trade" A currency pair refers to a combination of currencies between two countries in a trade. Considering the currencies of two countries as a pair, the currency you buy and the currency you sell in that trade are expressed as follows. "Buy USD/JPY" ... Buy US dollars and sell yen "Sell USD/JPY" ... Sell US dollars and buy yen On the trading screen, the currencies being traded are displayed separated as "USD/JPY" and "EUR/USD". The left side separated by a slash is called the "base currency", and the right side is called the "quote currency". In the case of "USD/JPY", the base currency is the US dollar and the quote currency is the yen. Differences between major and minor currencies... The difference between major and minor currencies is "trading volume" and "liquidity". We will introduce the differences of each along with their characteristics. Major Currency Minor Currency Trading Volume High Low Liquidity High Low Swap Points Low High Spread Narrow Wide Volatility Low High Major currencies tend to have high trading volume and low spreads, making it possible to trade with reduced costs. However, because the price movements are stable due to the high trading volume, you should increase your trading volume to make large profits. On the other hand, minor currencies tend to have wide spreads due to low liquidity, making them unsuitable for short-term trading such as scalping. However, compared to major currencies, they have lower liquidity, so their rates tend to fluctuate more, making it possible to aim for large profits even in a short period of time. The main major and minor currencies are as follows: Major Currency Minor Currency US Dollar Turkish Lira Euro South African Rand Yen Mexican Peso British Pound Brazilian Real Australian Dollar Chinese Yuan Major currencies include the world's three major currencies, the US dollar, the euro, and the yen, which are currencies whose rates are relatively easy to predict. Minor currencies are mostly currencies of emerging countries, and there are concerns that "you cannot trade when you want to" due to market instability and low liquidity. What are straight currencies and cross currencies? A straight currency refers to "a currency that is traded with the US dollar," so in the case of US dollar/yen, it refers to the yen. It is sometimes called a dollar straight. In contrast, a cross currency is "a currency pair of two countries that does not include the US dollar," and is characterized by trading through the US dollar. For example, in the case of euro/yen, instead of "selling yen and buying euros," the transaction flow is "selling yen and buying US dollars, and then buying euros with US dollars" because it goes through the US dollar. Now, let's compare and introduce the number of currency pairs of five overseas FX brokers. Please use this as a reference when choosing a broker. ① iFOREX Number of currencies handled Maximum leverage 400x Spread Average 1 pip *Spread...Elite account (USD/JPY) iFOREX handles over 80 currencies, said to be one of the largest selections in the industry. It offers many currencies that other brokers do not handle, and with leverage up to 400x, you can aim for large profits even with small capital. You can also trade gold, crude oil, stocks, ETFs, and cryptocurrencies with a single account, so iFOREX is recommended for those who want to invest in more than just FX. In addition, support is available in Japanese, so you can use it with peace of mind. ② Axiory Number of currencies handled Maximum leverage 400x Spread Average 1.4 pips *Spread...Standard account (USD/JPY) Axiory is an overseas FX broker that allows you to trade over 60 currencies. It boasts a 99.9% execution rate, and its main features are the availability of accounts with a maximum leverage of 400x and no commissions. A zero-cut system is also in place, so even if losses exceed your margin, you will not be required to make additional payments beyond your initial deposit. By combining the zero-cut system with leverage, you can aim for large profits with a small amount of capital while minimizing the risk of debt. ③LAND-FX Number of Currencies Handled Maximum Leverage Spread 67+ Unlimited Minimum 0 pips Maximum leverage... Subject to certain conditions such as margin amount LAND-FX offers over 67 currencies and features unlimited leverage and a minimum spread of 0 pips. Note that leverage fluctuates depending on the margin amount and the announcement of important economic indicators. In particular, when economic indicators are announced, the rate fluctuates greatly, and there is a possibility that the margin will be insufficient. Therefore, in order to mitigate the risk of sudden market fluctuations, the upper limit fluctuates up to a maximum of 200 times. Customer support is also available in Japanese, so you can ask any questions you may have immediately. ④ XM Trading Number of tradable currencies Maximum leverage Spread 55+ 1,000x Average 1.6 pips *Spread...Standard account (USD/JPY) XM Trading offers over 55 currencies and is a broker used by many Japanese people. With an average execution rate of 99.8%, the possibility of requotes or order rejections is low, and it is characterized by the ability to settle trades at the desired timing. It is popular among Japanese people because of its high transparency in trading and 24/7 support from Japanese operators. XM Trading also has a zero-cut system in place, so losses exceeding the margin will not occur, which is another reason for its popularity. ⑤ TitanFX Number of tradable currencies Maximum leverage Spread 60+ 500x Average 1.33 pips *Spread...Zero Standard account (USD/JPY) TitanFX allows you to trade over 60 currencies. In addition, the ECN account it offers has an execution rate of 99.99%, and market orders can be executed within 1 second. Because scalping, hedging, and automated trading are permitted, you can combine them with leverage and zero-cut to make trades that suit your purpose. Furthermore, you can trade a wide range of financial products other than FX, such as gold, crude oil, and stock indices. Essential for beginners! Tips for choosing currency pairs when trading with overseas FX When trading with overseas FX, choose currency pairs by referring to the following five tips: - Narrow down the currency pairs you trade - Choose currencies with high trading volume - Choose currencies with narrow spreads - Recommended are "USD/JPY", "EUR/USD", and "EUR/JPY" - Be careful with high-interest currencies such as Turkish Lira and Mexican Peso Let's introduce them in order. Narrow down the currency pairs you trade When you are a beginner, limit the number of currency pairs you trade to a small number. By limiting the currencies you trade, it becomes easier to gather information on the currencies and check charts, so you can deepen your knowledge of those currencies. If you try to trade many currency pairs, you may end up with mediocre results, so trade with a small number of currency pairs until you get results. Choose currencies with high trading volume Choose currencies with high trading volume and major currencies to trade. Currencies with high trading volume are considered to have stable markets and easier-to-read price trends because many people are trading them. Furthermore, because there is less risk of sudden price fluctuations, it is recommended to trade high-volume currencies until you become more familiar with trading. Choose currencies with narrow spreads: To minimize trading costs, start by trading currencies with narrow spreads. Since spreads represent trading costs, it is generally considered difficult to profit from currencies with wide spreads. ..

Recommended Overseas Forex Brokers: Swap Point Comparison | Calculation Methods and Swap-Free Brokers

If you're looking to profit from swap points in overseas forex trading, which brokers and currency pairs are recommended? "Which overseas forex brokers offer high swap points for USD/JPY?" "What are the swap rates for Turkish Lira and Mexican Peso?" "I want to know the ranking of brokers based on swap points!" By choosing a popular overseas forex broker with high swap rates, it's possible to earn several times the swap profits of domestic forex trading. This article thoroughly compares the swap points of various brokers and presents a ranking of recommended brokers. We'll explain everything from high-interest currency pairs to the mechanism and calculation methods of swap points, so this is a must-read for anyone who wants to earn money from swap points. The MoneyChager editorial team has researched over 20,000 users and can recommend truly advantageous overseas forex brokers based on swap rates, so please look forward to it. We also consider safety, referencing the Financial Services Agency and the Financial Futures Trading Act. Overseas Forex Swap Point Recommended Broker Ranking List [2026 Latest Version] First, we've compiled a list of overseas forex brokers and currency pairs with comprehensively excellent swap points. (Converted to Yen) Please view it in ranking format. [Recommended Broker Ranking List] Broker Name USDTRY Short EURTRY Short USDMXN Short USDZAR Short EURZAR Short USDJPY Long GBPJPY Long Gold Short AXIORY 2,123 (7,400 yen) 2,783 (9,800 yen) 76.11 (678 yen) 112.23 (1,091 yen) 2123 (7,491 yen) 4.85 (485 yen) 6.39 (639 yen) 16.68 (2,559 yen) VantageTrading 958 (3,379 yen) 974 (3,436 yen) 22.8 (197 yen) 21.83 (212 yen) -7.17 (717 yen) 5.55 (555 yen) 47.25 (7,251 yen) TitanFX 738 (3,359 yen) 2,947 (¥10,405) -272 (-¥2,432) 12 (¥117) -199 (¥1,942) 5.89 (¥589) 7.98 (¥798) 21.34 (¥3,284) MYFXMarkets1880 (¥6,638) 2471.85 (¥8,730) 104.49 (¥933) 86.64 (¥843) 180.26 (¥1,754) 10.21 (¥1,021) 13.86 (¥1,386) 18.42 (¥2,825) XMTrading677 (¥2,392) 1,270 (¥4,480) 54.1 (483 yen) 46.1 (448 yen) 53 (517 yen) 0.44 (44 yen) 5.3 (530 yen) 21.67 (3,399 yen) Axi- -140 (¥1,228) 85 (¥810) 158.2 (¥1,507) 10.63 (¥1,063) 15.16 (¥1,516) 34.2 (¥5,375) ThreeTrader1972 (¥6,963) 838.67 (¥2,958) 52.18 (¥464) 43.74 (¥389) -6.52 (¥652) 5.17 (¥512) 29.75 (¥4,557) BigBoss731 (¥2,581) -47.1 (¥420) -7.62 (-¥73) -10.71 (¥1,071) 13.46 (¥1,346) 19.16 (¥2,941) Milton Markets 491.56 (¥1,736) - 117.96 (¥1,046) - 157.47 (¥1,520) - 3.27 (¥327) 8.00 (¥800) 15.57 (¥2,387) XS.com -- 49.24 (¥440) 36.91 (¥359) 82.37 (¥800) 5.28 (¥528) 6.89 (¥689) 21.85 (¥3,354) *Swap points referenced January 27th-30th *Yen conversion rate referenced: January 27th-30th *Swap points → Base currency of the instrument → Converted to yen *Swap points fluctuate daily. Please use the above figures as a rough guideline. Overseas FX Swap Point Comparison 1st Place | AXIORY Overseas FX Swap Point Comparison 2nd Place | Vantage Trading Overseas FX Swap Point Comparison 3rd Place | TitanFX Overseas FX Swap Point Comparison 4th Place | MYFX Markets Overseas FX Swap Point Comparison 5th Place | XMTrading Overseas FX Swap Point Comparison 6th Place | Axi Overseas FX Swap Point Comparison 7th Place | Three Trader Overseas FX Swap Point Comparison 8th Place | BigBoss Overseas FX Swap Point Comparison 9th Place | Milton Markets Overseas FX Swap Point Comparison 10th Place | XS.com With overseas FX brokers that offer favorable swap points, you can sometimes receive swap points of 3,000 yen or more per lot. Compared to domestic FX, the appeal of overseas FX is that some currency pairs offer swaps several times higher. In particular, high swaps can be expected with currency pairs of high-interest currencies such as the Turkish Lira, Mexican Peso, South African Rand, and the US Dollar (EUR). Next, we will introduce the details of each broker. Top 10 Overseas FX Swap Point Brokers Ranking We have compiled a ranking of overseas FX brokers with good swap points. We will explain the features and swap points of each company in detail in the order of the "Recommended Broker Ranking" introduced above. Overseas FX Swap Point Comparison Ranking #1 | AXIORY Item Details Maximum Leverage 1,000x 61 Currency Pairs Minimum Lot Size (Minimum Currency Unit) 0.01 Lots (1,000 Currencies) Hedging Possible within the Same Account Zero Cut Available Trading Fees Standard Account: Free Nano Account/Tera Account: $3 per Lot (One Way) License Belize Financial Services Commission (Registration Number: 000122/8) Official Website https://www.axiory.com/jp AXIORY Overview Currency Pair Short Long USDJPY -15.03 (-1,503 JPY) 4.71 (471 JPY) GBPJPY -20.85 (-2,085 JPY) 6.39 (639 JPY) EURAUD 4.48 (483 JPY) -10.52 (-1,135 JPY) EURTRY 293 (2,847 JPY) -457 (-4,441 JPY) USDTRY 1,192 (5,424 JPY) -6,409 (-29,161 JPY) USDMXN -289 (-2,364 JPY) 111 (910 JPY) USDZAR -172 (-1,406 JPY) 83 (683 JPY) XNIUSD (Nickel) 96.54 (14,764 JPY) -151.1 (23,108 JPY) XAUUSD (Gold) 18.15 (2,775 JPY) (JPY) -52.86 (-7,792 JPY) AXIORY's Swap Points In our comparison of swap points for overseas FX brokers, AXIORY ranks first. AXIORY offers currency pairs where you can receive swaps of over 5,000 yen per day, and also provides favorable swap points for major currency pairs such as USDJPY and GBPJPY. Overall, AXIORY is the ideal overseas FX broker for traders who want to earn money through swap points. Money Charger Editorial Department In addition to high swaps, AXIORY also boasts excellent execution capabilities. High-interest currency pairs are prone to rapid price fluctuations, so low execution capabilities can lead to the risk of orders not being executed. AXIORY, with its high swaps and high execution capabilities, is recommended for those who want to trade high-interest currency pairs. Furthermore, if you open an AXIORY account through our website "Money Charger (Money Charger)", you will receive cashback every time you trade. For details, please see below. https://money-charger.com/trader/axiory/ Overseas FX Swap Point Comparison - 2nd Place | Vantage Trading Item Details Maximum Leverage 1,000x (2,000x for Premium Accounts Only) 65 Currency Pairs Available Minimum Lot Size (Minimum Currency Unit) 0.01 Lots (1,000 Currencies) Hedging Possible Only Within the Same Account Zero Cut Available Trading Fees Standard Account/Premium Account: Free ECN Account: $3 per Lot (One Way) License Financial Services Commission of the Republic of Vanuatu (Registration Number: 700271) Official Website https://www.vantagetradings.com/ Overview of Vantage Trading Currency Pairs Short Long USDJPY -16.69 (-1,669 yen) 7.13 (713 yen) GBPJPY 5.55 (555 yen) -22.51 (-2,251 yen) EURUSD 3.11 (471 yen) 6.77 (1,041 yen) EURTRY 2,783 (9,851 yen) -4,389 (-15,537 yen) USDTRY 958.37 (5,064 yen) -3,876 (-13,721 yen) USDMXN 22.8 (197 yen) -224.5 (1,997 yen) USDZAR 21.83 (203 yen) -217 (-1,934 yen) NG-Cr (Natural Gas) 36.69 (5,630 yen) -55.29 (8,507 yen) XAGUSD ( Silver) 7.93 (¥1,220) -28.04 (¥4,314) XAUUSD (`Gold) 47.25 (¥7,251) -93.76 (-¥14,430) Vantage Trading's swap points. In a comparison of swap points for overseas FX brokers, "Vantage..." ranks second

Complete Guide for Overseas Forex Beginners | How to Start, Things You Should Know, Recommended Brokers, and More

Many beginners in overseas forex trading have concerns like, "I'm somewhat interested in overseas forex, but I'm scared to open an account without knowing anything." Therefore, this article provides a complete guide, from the basic information that beginners in overseas forex trading should know to the process of taking their first trade. Even successful millionaire traders were once beginners with zero knowledge. Let's take the first step as a trader by understanding the correct information, advantages, and disadvantages. Basic Information for Overseas Forex Beginners There are three basic pieces of information that beginners in overseas forex trading should know: What is overseas forex? Brokers based abroad Using overseas forex is legal if done at your own discretion There are three types of people for whom overseas forex is recommended What exactly is an overseas forex broker? We will explain these points clearly, from legal issues regarding the use of overseas forex to the characteristics of people who will benefit most from using overseas forex. What is Overseas Forex? Brokers based abroad The definition of an overseas forex broker is "a broker based outside of Japan." Differences in the jurisdiction of the Financial Services Agency between overseas forex and domestic forex Unlike domestic forex brokers based in Japan, overseas forex brokers include all forex brokers located outside of Japan. Overseas FX brokers operate under the laws of the country in which they are based, complying with regulations imposed by the local financial authorities. However, there are some unscrupulous overseas FX brokers that do not comply with local regulations and operate illegally. Given the large number of FX brokers outside of Japan, it is a fact that it is difficult to eliminate unscrupulous brokers. If you want to use a safe overseas FX broker, check out our "Overseas FX Broker Safety Ranking," which compiles brokers that have obtained financial licenses and are operating soundly. Using overseas FX is legal if you make your own judgment. One of the things that overseas FX beginners are concerned about is, "Is it illegal to use overseas FX?" To put it simply, using overseas FX is legal if you make your own judgment. The following cases are illegal for overseas FX brokers: Actions in which overseas FX brokers directly solicit Japanese residents Actions in which overseas FX brokers solicit investment funds from Japanese residents using overseas FX Actions in which overseas FX brokers conduct business targeting Japanese residents In other words, there is nothing illegal about us individual traders using overseas FX brokers. The Financial Services Agency of Japan has actually stated the following. Even if a company is located overseas, if it conducts financial instrument transactions as a business for or with Japanese residents, it is required to register as a financial instrument business operator (registration based on Japan's "Financial Instruments and Exchange Act"). It is prohibited to conduct financial instrument business in Japan without registration. (Violators are subject to penalties.) Quote: Financial Services Agency Beware of solicitations by unregistered overseas companies. Of course, it is illegal to evade taxes by not filing a tax return for profits earned from trading with overseas FX brokers, so be sure to pay taxes on your earnings. If you want to know more about the illegality of overseas FX, please refer to "The Illegality of Overseas FX | Warnings from the Financial Services Agency and Legal Opinions," which provides a thorough explanation. There are 3 types of people for whom overseas FX is recommended Overseas FX offers few advantages for traders with abundant funds. On the other hand, if you fall into any of the following categories, using overseas FX can give you a favorable trading environment. If you fall into one of these three categories, the benefits of choosing overseas forex trading are significant: you are a small-capital trader or a beginner with no initial capital; you primarily engage in scalping or high-frequency trading; or you live abroad due to company circumstances. For example, if you want to trade with a small amount of capital, overseas forex allows you to raise funds using bonuses and use high-leverage trading exceeding 1,000 times without the risk of margin calls. Also, since domestic forex brokers are generally not available from overseas, you will need to use an overseas forex broker if you are based abroad. In addition, overseas forex offers trading conditions that are not available in domestic forex, based on overseas regulations, so please refer to "Advantages of Overseas Forex for Beginner Traders" when deciding which to choose. Advantages of Overseas Forex for Beginner Traders The following eight points are advantages for beginner traders to choose overseas forex. You can start actual trading with zero capital. You can raise additional funds with deposit bonuses. Even with small amounts of capital, the maximum leverage is high, so it's OK. There is no risk of losses exceeding your account balance. The forced stop-loss level is low. Many overseas FX brokers offer Japanese language support. You can use other companies with a common trading platform. You can earn a steady income with cashback. For beginners with little capital and who are prone to losses, using overseas FX with minimal capital and low risk has the advantage of efficiently gaining experience and profits. You can start actual trading with zero capital. Even those who want to make money with FX but can't start real trading because they don't have the funds can start trading with overseas FX. Overseas FX account opening bonus. This is because with overseas FX, you can raise trading funds by using the "account opening bonus" even with zero capital. Specifically, you can start trading with zero capital by following the steps below. Find an overseas FX broker that offers an account opening bonus. Open an eligible account and complete identity verification. Receive bonus credits that can be used as trading funds. MoneyChat Editorial Department. In this way, you can obtain bonus credits (credits with a cushion function) that can be used as trading funds. Profits from trades using this bonus can actually be withdrawn, so if successful, it's possible to earn money using overseas forex with zero risk. The cushion function credit that allows you to make your overseas forex debut with zero risk is explained in detail in "What is the cushion function of overseas forex bonuses?". You can raise additional funds with deposit bonuses. It's always best to have sufficient funds to start forex trading. However, there are problems such as difficulty in preparing a large amount of capital, and the more capital you have, the greater the amount you are exposed to risk. Therefore, by utilizing overseas forex brokers that offer deposit bonuses, you can receive a bonus equivalent to 20% to 100% of your deposit amount, which can be used as trading capital. MoneyChat Editorial Department: Since the deposit bonus can be used as trading capital of the same amount, even beginners with limited funds can boost their capital with minimal capital + bonus. For the latest bonus campaigns from various overseas forex companies, please see "Overseas Forex Account Opening Bonus/Deposit Bonus Comparison Ranking". Even with small amounts of capital, high maximum leverage is OK…