Top Recommended Overseas FX Brokers Ranking | Thoroughly Introducing the Best Trading Environments by Category

This article introduces recommended overseas forex brokers by category for those who have the following concerns

• "There are so many overseas forex brokers that I don't know where to open an account."
• "I want to choose an overseas forex broker that offers good bonuses and is highly secure."
• "Which overseas forex broker offers the highest leverage?"

The ease of making money can vary greatly depending on the broker you choose, as overseas forex brokers differ significantly from company to company

I myself have been trading forex overseas for 7 years, and at first, I struggled to choose the right account for me

Therefore, in this article, we have compiled a ranking of recommended overseas forex brokers, categorized by safety, bonuses, and spreads

Try to find a recommended overseas forex broker that will fully meet your needs

Recommended Overseas Forex Brokers Comparison Ranking

We have compiled a comprehensive ranking of recommended overseas forex brokers in the table below

Ranking	Safety and reliability	Leverage	Transaction costs	Deposits and withdrawals	bonus	support
1st place Vantage Trading	VFSC Financial Licensing Commission's €20,000 compensation	Main account: 1,000x leverage; Premium account: 2,000x leverage.	Minimum 0 pips, average 0.3 pips	Supports all 6 types of money transfers, including domestic bank transfers, and is generally free of charge.	Account opening bonus: Up to 15,000 yen equivalent. Deposit bonus: Up to 3,000,000 yen equivalent. A total of 6 types of bonuses are offered.	Full Japanese support via email and live chat
2nd place Exness	FSA Seychelles holds a total of nine financial licenses across its financial licensing group.	Unlimited leverage account balance up to $4,999.	Zero account (0 pips in principle)	We support five types of payment methods, including domestic bank transfers. Deposit and withdrawal fees are free.	Benefits are available based on trading volume and deposit amount	Email and live chat support are available in Japanese, but the official website is in English.
3rd place FXGT	We have taken out liability insurance for financial licensed brokers from the FSA Seychelles.	Main account: 1,000x leverage; Optimus account: 5,000x leverage.	The spreads are slightly wider on the Pro account and ECN account, and they are swap-free.	domestic bank transfers and four other methods, and accepts more than five types of cryptocurrencies.	Account opening bonus: equivalent to 15,000 yen. Deposit bonus: 780,000 yen or more. A total of 6 types of bonuses are offered.	Full Japanese support via email and live chat
4th place HFM	SVG IBC holds five financial licenses across its entire registered group.	Main account: 2,000x bonus; Copy account: 500x bonus	Spreads are somewhat wide, and swap-free instruments are available for all account types.	Supports 6 types of deposit and withdrawal methods, including domestic bank transfers. Deposit and withdrawal fees are free.	We offer a total of 4 types, including one worth over 750,000 yen.	Full Japanese support via email and live chat
5th place TitanFX	VFSC Financial Licensing Commission's €20,000 compensation	Major accounts: 500x leverage (no limit) Micro accounts: 1,000x leverage	Blade accounts offer a minimum of 0 pips and utilize an ECN system for FX and CFD trading.	Supports five types of payment methods, including domestic bank transfers. Deposit and withdrawal fees are free.	Held irregularly	Full Japanese support via email, live chat (LINE), and phone.
6th place AXIORY	Financially licensed by the FSC (Belize), member of the Financial Services Commission, and includes trust protection.	Major accounts: 1,000x leverage; Max accounts: 2,000x leverage.	Nano Terra Account: Minimum 0 pips, ECN method for high execution speed and low spreads.	Supports five types of withdrawals, including domestic bank transfers . Withdrawals of 20,000 yen or more are free of charge.	Held irregularly	Full Japanese support via email and live chat
7th place Axi	SVG IBC's registered parent company is ASIC-certified and a member of the Financial Services Commission.	All account types have a 1,000x leverage limit, with no restrictions based on account balance.	Elite Account Minimum 0 pips Elite Account offers low trading costs	Supports domestic bank transfers . Deposit and withdrawal fees are free.	Held irregularly	Japanese support via email, live chat, and
8th place XMTrading	FSA Seychelles and FSC Mauritius are the most well-known	Major accounts: 1,000x leverage; Zero accounts: 500x leverage.	The KIWAMI account, which generally has wider spreads,	Supports 7 types of withdrawals, including domestic bank transfers. Withdrawals under 400,000 yen incur a 2,500 yen fee.	Account opening bonus: equivalent to 13,000 yen. Deposit bonus: up to $10,500. A total of 4 types of bonuses are offered.	Full Japanese support via email and live chat
No. 9 ThreeTrader	VFSC Financial Licensing Commission's €20,000 compensation	All account types have a 1,000x leverage limit, with no restrictions based on account balance.	The Raw Zero account has a minimum trading fee of $2, with a minimum of 0 pips.	Supports four types of deposit and withdrawal methods, including domestic bank transfers. Deposit and withdrawal fees are free.	Point system only	Full Japanese support via email and live chat
10th place IS6FX	FSC Mauritius Financial License	Main account: 1,000x leverage	EX account, which is cashback-focused and has generally wide spreads.	domestic bank transfers and four other payment methods, and four types of cryptocurrencies.	Account opening bonus: Up to 23,000 yen equivalent. Deposit bonus: Up to 360,000 yen equivalent. A total of 4 types of bonuses are offered.	Japanese support via email, live chat,
11th place Star Trader	The FSA Seychelles financial licensing group holds a total of six financial licenses.	All account types have a 1,000x leverage limit starting from $45,000.	ECN account minimum 0 pips, trading fee $3.	Supports 6 types of deposit and withdrawal methods, including domestic bank transfers. Deposit and withdrawal fees are free.	Deposit Bonus: Up to $20,000 13% Growth Boost: 0.05% daily cashback	Full Japanese support via email and live chat
No. 12 MYFXMarkets	SVG IBC Registration	Standard account: 1,000x leverage; Pro account/Micro account: 500x leverage.	trading commission for a Pro account is $3.325 (0 pips	Supports four types of withdrawals, including domestic bank transfers. Withdrawal fee is 2,000 yen.	Deposit bonus: Up to 40,000 yen	Full Japanese support via email, live chat (LINE), and phone.
13th place ECMarkets	The FSC Mauritius financial licensing group holds a total of seven financial licenses.	Up to 1,000x leverage; no leverage restrictions based on account balance.	ECN account minimum 0 pips, commission $1.50	Supports 6 types of deposit and withdrawal methods, including domestic bank transfers. Deposit and withdrawal fees are free.	none	Email , live chat, and Japanese language support available.
No. 14 JadeFOREX	Seychelles IBC registration	No-limit account, unlimited leverage	No-limit account: Minimum 0 pips, no trading fees.	Supports 5 types of withdrawals, including domestic bank transfers . Withdrawal fee starts from 3,000 yen.	Held irregularly	Email support in Japanese
No. 15 MONAXA	FSC Mauritius Financial License	All account types: 2,000x leverage	Zero Account offers a minimum trading fee of $3	Supports four types of withdrawals, including domestic bank transfers. Withdrawals under 5,000 yen incur a 330 yen fee.	Points program worth up to $21,000	Email support in Japanese

We will also explain the details of the rankings and provide basic knowledge for beginners in overseas forex trading

Recommended Overseas Forex Brokers Comparison | #1 Vantage Trading

item	Content
Safety and reliability	Vanuatu Financial Services Commission (VFSC) joins Regulatory Financial Services Commission; compensation of up to 20,000 euros.
Leverage	We offer premium accounts with leverage up to 2,000x
Transaction costs	ECN accounts have a minimum of 0 pips and an average of 0.3 pips
Deposits and withdrawals	Supports deposits and withdrawals via domestic bank transfers, cryptocurrencies, etc
bonus	Deposit bonus up to $20,000
support	We offer comprehensive multilingual support, including Japanese staff

The number one recommended overseas forex broker in our comparison ranking is "Vantage Trading"

Vantage Trading an overseas forex broker operated by the Vantage Group, which has over 15 years of operational experience, under the regulations of the Vanuatu Financial Services Commission .

Vantage Trading supports a wide range of trading styles, including premium accounts with leverage up to 2,000x and ECN accounts with a minimum spread of 0 pips

Advantages and disadvantages of Vantage Trading

Vantage Trading is offering deposit bonuses totaling $20,000 (approximately 3 million yen)

This deposit bonus is a bonus that can be used as trading funds, depending on the amount you deposit

You can use these deposit bonuses as trading funds, and all profits you earn can be withdrawn to your account

Vantage Trading's deposit bonus is available for three account types: Standard, ECN, and Copy Trading

Earn big with the best trading environment and bonuses tailored to your trading style

Vantage Trading is an overseas forex broker eligible for MoneyChat's cashback program.

To receive a cashback of $8 or more per lot for USD/JPY, please check How to receive cashback from Vantage Trading (new registration)

Vantage Trading reviews and reputation

Below is a summary of reviews and opinions on Vantage Trading

View reviews and ratings of Vantage Trading

I saw the 50% crypto rescue bonus and used Vantage for the first time in 4 months.

I closed the account and requested a withdrawal, and the money had already arrived in my Bitwallet.

I used to avoid it because withdrawals were slow due to the review process, but if it's that fast even for $10,000, I can use it with peace of mind. pic.twitter.com/ZnQilERUG2

— No. 8 (@8gousan) February 27, 2025

If you want to lower your trading costs, check out


running

a campaign with the RAW account I use,
the commission is only 200 yen per lot of gold.
And
because it uses an ECN system, there's almost no slippage
the execution is strong

you never get frustrated by requotes https://t.co/Jix5UniqRn pic.twitter.com/3mcfqMMokC

— Tenchan (@tenchan_fx) October 3, 2024

I opened a Vantage account last Thursday.
With the opening bonus + 120% bonus, I started with 62,500 yen and did some scalping, making a little over 110,000 yen in profit so far. The spreads, fees, and execution speed seem good so far, so I think I
'll increase it a bit more and then withdraw. pic.twitter.com/vOV9M7gFl2

— (Mochi) (@Cyne87876521fx) April 7, 2024

reviews of Vantage Trading mention positive feedback regarding the trading environment of their "ECN account," praising its spreads and execution speed

An ECN account is an account type that allows you to trade directly at the rates of LPs (liquidity providers) partnered with Vantage Trading

Therefore, it is characterized by very narrow spreads and a low likelihood of order rejections

Other user feedback includes comments such as the ability to use bonuses in conjunction with the program and the smooth withdrawal process

If you want to learn more about Vantage Trading, the number one recommended overseas forex broker, please check out Vantage Trading Reviews and Testimonials Summary

bonus	Content
New account opening bonus	New Vantage Trading account opening bonus of up to 15,000 yen
Deposit Bonus	Deposit bonuses of up to 120% on your first deposit, 50% on your second deposit, and 20% on subsequent deposits, for a total of up to approximately 3 million yen
Vantage Trading Rewards	Earn Vantage points with every transaction, which can be exchanged for bonuses and various coupons
Premium Deposit Promotion	If certain conditions are met, an annual interest rate of 13% will be applied to the account balance
V-Friend Referral Campaign	Refer a friend to Vantage Trading and both you and your friend will receive a $10 bonus for each referral
Free VPS promotion	Under certain conditions, VPS costs will be covered by VPS up to $50

Recommended Overseas Forex Brokers Comparison | 2nd Place: Exness

item	Content
Safety and reliability	The Seychelles Financial Services Authority (FSA) has issued nine licenses to the Exness Group, including one from the UK Financial Conduct Authority.
Leverage	Unlimited leverage and margin of less than 1 yen per lot
Transaction costs	Low-spread account types and swap-free instruments available in all account types
Deposits and withdrawals	Deposits and withdrawals are free of charge and support five methods, including domestic bank transfers
bonus	We offer a rewards program for heavy users
support	No official Japanese website available, but customer support is available in Japanese

The second-ranked overseas forex broker in our comparison ranking is "Exness"

Exness is a long-established broker that has been operating since 2008We currently have over 1 million active traders

One of Exness's distinguishing features is that it offers the highest unlimited leverage (effectively 2.1 billion times) among overseas forex brokers

Although there are no bonus campaigns offered, the overwhelming unlimited leverage allows traders on social media to increase their initial capital of 10,000 to 100,000 yen by 2x or even 50x

Advantages and disadvantages of Exness

The advantage of Exness is that it can be used if the following conditions are met"Unlimited leverage (effectively 2.1 billion times)"is

• Minimum 10 transactions
• Total of 5 lots or more

If you meet these conditions, you can use unlimited leverage on all account types up to an account balance of $4,999 (less than approximately 750,000 yen)

For example, even those who want to aim for large profits through scalping with a small amount of capital can trade under the best possible conditions in terms of both spread and leverage by using low-spread accounts such as low-spread accounts or zero-spread accounts

Exness is an overseas forex broker eligible for MoneyChat's cashback program. To receive 40% of the spread as cashback for each trade, please check How to receive cashback from Exness (new registration)

Exness reviews and reputation

Below is a summary of reviews and opinions about Exness

See reviews and ratings of Exness

I was playing around with the small amount of money I had left in my Exness account and ended up losing it all. pic.twitter.com/71UrGtu0qr

— noname (@noname102211) September 9, 2021

Exness 100,000 yen to 10,000 yen/day challenge, day 12 + 190,000 yen.
I slacked off yesterday, so I'll make up for it today... but I managed to get my target of +10,000 yen in one turn.
The more starter money I have, the easier it gets. pic.twitter.com/CK6wYG1EnV

— Enu @Pattern 2 Person (@enu_fx) March 29, 2022

Exness withdrawals are so fast (´・ω・｀)

I just applied this morning and the money's already been deposited (´・ω・｀) ︎︎ pic.twitter.com/LF3NfFSEk1

— TakemaruFX@Chachamaru (@takemaruFX) March 31, 2023

When researching reviews of Exness, it's clear that many users have positive feedback regarding its unlimited leverage

It's clear that many highly skilled traders, who start with small amounts of capital ranging from 10,000 to 100,000 yen and manage to generate profits of over 1 million yen, also use Exness

In addition, just as many people share their experiences of making money with Exness's high leverage, there are also many testimonials about Exness's fast withdrawals

While it may seem obvious, being able to consistently earn and withdraw profits from an overseas forex broker is arguably the most important factor

If you'd like to learn more about Exness, the second-ranked overseas forex broker, please check out Exness Reviews and Testimonials Summary"

Recommended Overseas Forex Brokers Comparison | 3rd Place: FXGT

item	Content
Safety and reliability	The Seychelles Financial Services Authority has issued four financial licenses for the entire FXGT Group.
Leverage	Optimus account with leverage up to 5,000x
Transaction costs	Pro accounts offer 6-day swap-free trading for currency pairs, indices, gold, and crude oil. ECN accounts also offer 3-day swap-free trading for indices and gold.
Deposits and withdrawals	Domestic bank transfers and cryptocurrencies are supported for deposits and withdrawals using multiple cryptocurrencies
bonus	We are running a wide range of campaigns, including a new registration bonus worth 15,000 yen that can be received without making a deposit
support	We offer comprehensive Japanese language support via live chat and email

The third-ranked overseas forex broker in our comparison ranking is "FXGT"

FXGT is an overseas forex broker established in 2019 as the first hybrid broker in the industry to fully handle cryptocurrency CFDs

In the cryptocurrency industry, hacking incidents are frequently a hot topicWith security and a trading environment that meets international standards, the company has grown so rapidly that it has been recognized as a top-rated broker by financial mediaI did

Advantages and disadvantages of FXGT

The main advantage of choosing FXGT from among the many overseas forex brokers its cryptocurrency CFD trading, which allows trading with leverage up to 1,000 times .

The ability to trade Bitcoin with leverage up to 1,000 times is higher than the leverage offered by official cryptocurrency exchanges

Therefore, FXGT is a recommended overseas forex broker for those who trade cryptocurrency CFDs

FXGT is an overseas forex broker that is eligible for MoneyChat's cashback program. You can receive a generous cashback of $11.40 per lot of gold. For details, please check How to receive FXGT cashback (new registration)

FXGT reviews and testimonials

Below is a summary of FXGT's customer reviews and reputation

View FXGT reviews and ratings

My first impressions of using FXGT

Good points

I registered after seeing an online ad. The website was easy to navigate and use, compared to other brokers. The initial deposit bonus also made it easier for a beginner like me to trade

Disappointing points

My identity verification documents were rejected several times. They said it was because the corners weren't visible, which I understand is understandable, but I felt it was a bit strict. I hope this comment will be helpful to the next person trading!

Quote: Trustpilot

BTC↑ETH↑GOLD↓Nikkei↑USD/JPY↑

Unrealized profit has exceeded 120 million yen❗️Thank
you Trump,
I've been trembling since this morning.


My trading style is based on

discretionary technical analysis Now, what should I do about taking profits?
Should I aim higher?
Or play it safe? pic.twitter.com/jvkrJBpyGk

— KOOL@FX Discretionary Trader (@KOOL_fx) April 22, 2025

The most common comments in FXGT reviews "generous bonuses" and "reports of huge profits from cryptocurrency CFDs .

FXGT offers various bonus campaigns throughout the year, and its deposit bonuses are particularly generous and popular

Furthermore, during the sharp rises and falls in Bitcoin prices that occur once every few years, you can see traders on social media using FXGT accounts to quickly increase their profits

If you want to learn more about FXGT, the third-ranked overseas forex broker, please check out FXGT Reviews and Testimonials Summary

Recommended Overseas Forex Brokers Comparison | 4th Place: HFM

item	Content
Safety and reliability	The global brokerage group HFM, which has been operating since 2010, holds five financial licenses in total.
Leverage	Up to 2,000x leverage on major currency pairs and gold
Transaction costs	Major currency pairs, gold, and crude oil are swap-free
Deposits and withdrawals	Multiple deposit and withdrawal methods, including domestic bank transfers and Binance Pay, are available for free
bonus	We offer a 100% deposit bonus and a loyalty program where you earn points with every trade
support	We offer comprehensive Japanese language support via live chat and email

Coming in at number 4 on our recommended overseas forex broker comparison ranking is "HFM"

HFM has been operating as an FX broker under the name HotForex since 2010, and its current name, HFM, is also known as a sponsor of Paris Saint-Germain FC

HFM has been actively updating its trading conditions since 2023, and has become an "overall well-balanced overseas forex broker" in terms of safety, bonuses, and trading environment

If you're new to overseas forex brokers and unsure what criteria to prioritize when choosing one, you can't go wrong with HFM

Advantages and disadvantages of HFM

The advantage of HFM is its excellent overall balance of trading conditions. Its wide range of tradable securities is particularly outstanding

While it's common for overseas forex brokers to handle instruments like stock indices and precious metals, HFM goes even further, covering stocks, bonds, and ETFs

Furthermore, we offer "Premium Trader," which is useful for analyzing a wide range of markets, allowing you to gather information through the latest analyst reports and technical tools that help you understand market conditions

HFM is an overseas forex broker eligible for MoneyChat's cashback program. You can receive a generous cashback of up to $16 per lot. For details, please see How to Receive HFM Cashback (New Registration)

HFM reviews and reputation

Below is a summary of HFM's customer reviews and reputation

See HFM reviews and ratings

HFM is really good. It's swap-free, has deposit bonuses and cashback, and although the spreads are a bit wide for minor currencies, it's not that big of a deal. It's a real lifesaver for swing trading currencies.
For the time being, I'll probably be trading HFM, FXGT, BIGBOSS, and occasionally MYFX.

— jjpkwnsbca (@TMtjG8uTsyRZSZw) September 21, 2023

HFM's cashback program is so generous, it's amazing.

Sometimes you even end up with a profit thanks to the cashback. pic.twitter.com/1puQlIlaOy

— Battu (@battu_3) July 3, 2023

HFM has a very good reputation regarding the updates to its trading conditions that have been implemented since 2023

Reviews of HFM found on social media include comments such as "Swap-free trading is advantageous" and "The pro account offers excellent value for money when cashback is included."

Please note that the cashback mentioned here is not a bonus campaign offered by HFM, but rather a cashback program similar to MoneyChat, where you receive cashback for each trade made with HFM .

If you want to learn more about HFM, the overseas forex broker ranked 4th in our recommendations, please check out HFM Reviews and Testimonials Summary

bonus	Content
100% Deposit Bonus	A 100% bonus of up to $200 will be awarded to eligible account types
20% deposit bonus	A bonus of 20% of the deposit amount to eligible account types will be awarded, up to a maximum of 750,000 yen
Cashback	You can receive interest of up to 3% on excess margin every business day
HFM Loyalty Program	HFM bars accumulate with each transaction and can be exchanged for various rewards

Recommended Overseas Forex Brokers Comparison | 5th Place: TitanFX

item	Content
Safety and reliability	CEO of the Vanuatu Financial Services Commission
Leverage	Up to 500x leverage with no restrictions based on account balance or lot size. Micro accounts offer up to 1,000x leverage.
Transaction costs	Trading commission of $3.50 per lot, one way, with a minimum spread of 0 pips
Deposits and withdrawals	Free deposit and withdrawals with a wide range of methods including domestic bank transfers, Apple Pay, and cryptocurrencies
bonus	We occasionally run cashback campaigns for deposits and trades
support	We offer Japanese language support via live chat, phone, LINE, and email

Coming in at number 5 on our recommended overseas forex broker comparison ranking is "TitanFX"

TitanFXAn overseas forex broker that has been operating since its establishment in 2014, consistently specializing in providing an excellent trading environmentis

We offer stable execution capabilities and low spreads thanks to our proprietary Zero Point Technology

TitanFX's advantages and disadvantages

To summarize the advantages of TitanFX, the best answer is "a high-quality trading environment."

In addition to stable execution capabilities and low spreads, in recent years we have also been focusing on the Titan FX Research Institute, which provides all the information and convenient tools traders need for free

TitanFX Research Institute is a content platform for traders operated by TitanFX

We provide various content to TitanFX users, including free automated trading systems (EAs), custom indicators, position ratios, and support and resistance levels

TitanFX is an overseas forex broker eligible for MoneyChat's cashback program. You can receive up to $4 per lot. For details, please see How to Receive TitanFX Cashback (New Registration)

TitanFX reviews and reputation

Below is a summary of TitanFX reviews and testimonials

See TitanFX reviews and ratings

Hmm, rather than searching around aimlessly, if you're looking for something to invest small amounts steadily, personally speaking, there are no bonuses, but Titan supports MT5, is stable, has a small budget, withdrawals are fast, and the support is good, so I think it's easy to use.

But

I went for a walk today, so I'll talk about it again tomorrow or later (;´д｀)...

— Hiyoko's first (;´д｀) Part-time trader mainly focused on Goldbitco (@AuoRgy) June 6, 2024

My personal review of Titan FX:

Advantages
: - Incredibly narrow spreads
- No order rejections so far
- 24/7 live support
- Many credit card brands and deposit methods accepted
- Stock indices can be traded up to 500x ㊗️

Disadvantages
: - Relatively low leverage
- No bonuses
- No proprietary platform

— Kakao@NASDAQ100・Gold (@XAUUSDandUS100) July 26, 2023

Titan's execution power is strong!
Single and bulk settlements are both no problem!!
I'll try trading with Titan today♪ pic.twitter.com/1F6q3jb9fL

— Yamaran. (@FXtomo84) June 11, 2024

TitanFX has a good reputation for its stable trading environment, and many testimonials have been posted by experienced traders

Many traders appreciated the small fluctuations in spreads, the

If you want to learn more about TitanFX, the overseas forex broker ranked 5th in our recommendations, please check out TitanFX Reviews and Testimonials Summary

bonus	Content
First trade loss relief campaign	Get up to 30,000 yen in cashback if you incur a loss on your first trade
Free VPS	We offer a free VPS with a certain volume of transactions and deposits
Refer a friend program	Refer TitanFX to your friends and receive up to 7,500 yen

Recommended Overseas Forex Brokers Comparison | 6th Place: AXIORY

item	Content
Safety and reliability	the Regulatory Financial Commission of the Belize Financial Services Authority ; trust protection available.
Leverage	The main account type offers a maximum leverage of 1,000x, while the Max account offers a maximum leverage of 2,000x.
Transaction costs	Nano and Terra accounts offer a minimum 0 pips spread with a $3 one-way trading commission
Deposits and withdrawals	Supports domestic bank transfers via Curfex, which is approved by the Financial Services Agency, and a wide range of deposit and withdrawal methods
bonus	We offer deposit bonuses that allow you to receive cashback from time to time
support	We offer Japanese language support via live chat and email

The 6th ranked recommended overseas forex broker is "AXIORY"

AXIORY is an overseas forex broker that has been operating since 2011 and has long been favored by experienced traders due to its excellent execution speed and low spreads.

Nano and Tera accounts, which utilize the NDD ECN method, are highly popular and are compatible with the cTrader trading platform, which is characterized by its low latency

Advantages and disadvantages of AXIORY

The advantages of AXIORY are its favorable trading environment for scalping and its unparalleled sense of security among overseas forex brokers. First, for scalping, choosing a Nano account is beneficial as it provides low spreads directly connected to financial institutions and a low-latency trading environment using cTrader

Furthermore, in terms of peace of mind, we have established a secure system that includes partnerships with remittance service providers approved by the Financial Services Agency, trust protection, and the ability to file objections with the Financial Commission in the event of trouble

AXIORY is an overseas forex broker eligible for MoneyChat's cashback program. You can receive up to $7.20 per lot. For details, please see How to receive AXIORY cashback (new registration)

AXIORY reviews and reputation

Below is a summary of AXIORY's customer reviews and reputation

View AXIORY reviews and ratings

It is one of the best brokers

I've been using Axiory for over six months, and I've never experienced any problems with the trading tools, order delays, or settlement issues. Withdrawals are also very fast, and the support team is always helpful and attentive. They answer questions thoroughly, so I feel they are a very trustworthy broker

Source: Trustpilot (Original text translated into Japanese)

12/6 +2.45 million yen.

I've been trading since yesterday with the Axiory MT5 account I prepared more than half a month ago, and the execution and response are fast, so it's very comfortable and feels great. I
've been doing so well yesterday and today, so I'll put on the brakes and see you tomorrow! #FXism #MachineGunHuntFX #OikawaStyle #RionStyle #fx pic.twitter.com/fHVoDZhyrK

— Hans, full-time trader (@Hans_s07) December 6, 2023

I'm thinking of doing FX with Axiory (｀・ω・´)

The spreads are narrow (｀・ω・´)

XM is good for overseas stock indices but the spreads for FX are wide (｀・ω・´) pic.twitter.com/J4qNSATZNL

— Bunnyboy (@amploud007) September 24, 2018

AXIORY has a good reputation for low spreads and high execution speed, as confirmed by many customer reviews

Furthermore, many users share their trading activity and trading history using AXIORY, indicates that AXIORY's trading environment is highly regarded by advanced traders

If you want to learn more about AXIORY, the overseas forex broker ranked 6th in our recommendations, please check out AXIORY Reviews and Testimonials Summary

Recommended Overseas Forex Brokers Comparison | #7 Axi

item	Content
Safety and reliability	In Saint Vincent and the Grenadines, the registered parent company of an international business company received a €20,000 compensation upon ASIC approval and membership in the Financial Services Commission.
Leverage	All account types offer leverage up to 1,000x with no account balance restrictions.
Transaction costs	Elite accounts offer low costs ($1.75 commission + minimum 0 pips spread).
Deposits and withdrawals	Supports domestic bank transfers, Bitwallet, and 6 types of cryptocurrencies
bonus	We offer deposit bonuses that allow you to receive cashback from time to time
support	We offer Japanese language support via live chat, email, and international phone calls

The 7th ranked broker in our recommended overseas forex comparison ranking is "Axi"

Axi is an overseas forex broker founded in Australia in 2007

Due to local licensing and regulations under the Australian Securities and Investments Commission, opening accounts for Japanese residents is restricted; therefore, it is operated by our wholly owned subsidiary, AxiTrader Limited

Axi focuses not only on providing a high-quality trading environment, but also on Axi Select, a prop trading firm that provides funding to top traders.

Axi's advantages and disadvantages

The advantages of Axi include a superior trading environment with high leverage, low spreads, and fast execution, which are all qualities expected of overseas forex brokers, as well as the opportunity to become a professional trader. If you consistently trade with Axi and your trading performance is well-received, you can become a professional trader and receive funding from Axi Select, which is offered by Axi. On the other hand, a disadvantage is the high barrier to entry, such as the requirement of a cumulative deposit of $25,000 for the highest-tier account type, the Elite account

Axi is an overseas forex broker eligible for MoneyChat's cashback program. You can receive 10% to 40% of the spread as cashback. For details, please check How to receive Axi cashback (new registration)

Axi reviews and reputation

Below is a summary of reviews and opinions about Axi

See reviews and ratings for Axi

HFM's spreads are misleading. Even with just one lot, there's 0.2 slippage, so it's 0.4+ round trip. It ends up being the same as other brokers.
AXI has no execution problems. USD/JPY and gold are good.
I opened a new account for the first time in a while.
I'd like to use AXI's Elite account. But I don't want to deposit 3 million yen...

— あ (@7_fvel) July 19, 2023

I hadn't withdrawn my bonus from AXI's bonus campaign, so I tried to withdraw it but didn't understand how, so I emailed them. They
kindly sent me an email with screenshots explaining the process.
I feel like I want to make Milton Markets, who refused my withdrawal without any explanation, drink a concoction made from AXI's toenail clippings.

The spreads are narrow, so it seems good for everyday use. #AXI pic.twitter.com/YpcB58IdbT

— Moon @FX Investor (@gomagoma5555) January 14, 2025

I hadn't withdrawn my bonus from AXI's bonus campaign, so I tried to withdraw it but didn't understand how, so I emailed them. They
kindly sent me an email with screenshots explaining the process.
I feel like I want to make Milton Markets, who refused my withdrawal without any explanation, drink a concoction made from AXI's toenail clippings.

The spreads are narrow, so it seems good for everyday use. #AXI pic.twitter.com/YpcB58IdbT

— Moon @FX Investor (@gomagoma5555) January 14, 2025

Despite its late entry into the Japanese market, Axi has a good reputation, as evidenced by numerous word-of-mouth reviews

The attentive support staff and the low trading costs for advanced accounts are the reasons why Axi has received such positive reviews

Furthermore, there have been no rumors of malicious withdrawal refusals in online reviews, and it is expected that the number of Japanese traders using the service will increase even further in the future

If you want to learn more about Axi, the overseas forex broker ranked 7th in our recommendations, please check out Axi Reviews and Testimonials Summary

Recommended Overseas Forex Brokers Comparison | #8 XMTrading

item	Content
Safety and reliability	Regulations by the Seychelles Financial Services Authority and the Mauritius Financial Services Commission; the most well-known overseas forex broker in Japan.
Leverage	The main account types offer leverage up to 1,000x
Transaction costs	The KIWAMI account offers moderate spreads and no swaps
Deposits and withdrawals	Deposits and withdrawals via domestic bank transfers arrive in as little as one business day
bonus	New account opening bonus equivalent to 13,000 yen and deposit bonus equivalent to up to 10,500 dollars
support	We offer Japanese language support via email and live chat

Coming in at number 8 on our recommended overseas forex broker comparison ranking is "XMTrading"

XMTrading is an overseas forex broker that is part of the XM Group, which has been operating since 2009

As of 2025, the number of account holders will exceed 15 million, and it will have the highest brand recognition in the Japanese market

In recent years, XMTrading made headlines when it became a sponsor of the F1 team Visa Cash App Racing Bulls

Advantages and disadvantages of XMTrading

One of the advantages of XMTrading is the abundance of information available. XMTrading, which enjoys high recognition in the Japanese market, has numerous reviews online. Furthermore, it offers generous bonus campaigns, allowing you to receive the following bonuses

By utilizing all of these, you can raise over 1.5 million yen in trading funds through bonuses. For FX beginners, XMTrading might be a good choice as your first account

XMTrading reviews and reputation

Below is a summary of XMTrading's customer reviews and reputation

View XMTrading reviews and ratings

I recently received a deposit of 10 million yen from XM, which I had taken profits from. The deposit was surprisingly fast, perhaps because I submitted various documents last time. While I can't deny that the market played a part, I feel like I've slightly proven that even a low-level trader like myself can achieve 10 million yen if my trading strategy aligns with the market. I'll be staying focused from here on out. pic.twitter.com/JD9XIOyDIY

— Kamome@FX Trader (@kamome_FXtrader) March 24, 2025

Following yesterday's withdrawal, I've withdrawn today's profits as well ‍♂️

I deposited 50 this morning and made a daily profit of +5 million,
a total of +10 million in two days

. Well, there's no such thing as luck in trading
. This is the result of the knowledge I've learned so far.

When I trade large lots, I sometimes get kind messages asking if it's a demo account, so I'm also posting today's history.

This month I've already withdrawn 12 million from XM, so the total is about 22 million. https://t.co/jNOW3MFGNO pic.twitter.com/qLo4pB2CVe

— FUTAKO (@Futako1013) January 25, 2023

I've been doing really well lately. XM is incredibly easy to use. pic.twitter.com/QeynpBznP6

— FX (@nagafx1) June 4, 2024

In XMTrading reviews, you can find many posts on social media from experienced traders who have been using the service for a long time

Although there are some reviews mentioning wide spreads, the ability to confidently request large withdrawals is what makes it popular among professionals.

In fact, XMTrading,Numerous reports of large withdrawals exceeding 10 million yen have been submitted, complete with photographic evidenceIt was done

If you'd like to learn more about XMTrading, the overseas forex broker ranked 8th in our recommendations, please check out XMTrading Reviews and User Feedback Summary

bonus	Content
Trading Bonus	Get a bonus worth 13,000 yen when you open a new account
100% Deposit Bonus	A deposit bonus equivalent to 100% of your deposit amount, up to a maximum of $500
20% deposit bonus	A deposit bonus equivalent to 20% of your deposit amount, up to a maximum of $10,000
Loyalty Program	Exchange XM points earned with each trade for cashback credits

Recommended Overseas Forex Brokers Comparison | #9 ThreeTrader

item	Content
Safety and reliability	the Regulatory Financial Committee of the Vanuatu Financial Services Commission ; compensation of up to 20,000 euros.
Leverage	Major currency pairs and gold are available with leverage up to 1,000x
Transaction costs	Raw Zero accounts offer minimum spreads of 0 pips and trading fees of just $2
Deposits and withdrawals	Deposits and withdrawals are supported via domestic bank transfer, credit card, USDT, and international bank transfer
bonus	Points are accumulated with each transaction and can be exchanged for cashback or prizes
support	Live chat and email support available in Japanese

The 9th ranked recommended overseas forex broker is "ThreeTrader"

TheeTrader is a relatively new overseas forex broker established in 2021

Having obtained a financial license from the Vanuatu Financial Services Commission, it has gained popularity among scalping traders due to its lower transaction costs compared to other companies

Brand	Average spread (spread + transaction fee)
USD/JPY	0.6 pips （0.4+0.2）
EURUSD	1.0 pips （0.8+0.2）
GBPUSD	0.5 pips （0.3+0.2）
AUDUSD	1.0 pips （1.0+0）
XAUUSD	0.7 pips

ThreeTrader's Raw Zero account, in particular, is popular for its low costs, including a trading commission of $2 per lot and a minimum spread of 0 pips

Advantages and disadvantages of ThreeTrader

The main advantage of ThreeTrader is its low trading costs

The flagship Raw Zero account specializes in low spreads, and the trading commission is also kept low at around $2, compared to the typical $3.50 charged by other companies.

On the other hand, a disadvantage of ThreeTrader is that starting to trade with them requires a minimum initial deposit of $1,000, and they don't offer account opening bonuses or anything like that, making it a high barrier to entry

ThreeTrader is an overseas forex broker eligible for MoneyChat's cashback program. You can receive up to 0.8 pips in cashback for each trade. For details, please see How to Receive ThreeTrader Cashback (New Registration)

ThreeTrader reviews and reputation

Below is a summary of ThreeTrader's reviews and reputation

See ThreeTrader reviews and ratings

By the way, this is what Ducascopy's spread looks like at TDS. The spread is wide!
As expected of SuriTre, it's the best!
I sincerely hope you'll maintain this environment. m(_ _)m

Incidentally, the spread was wide on April 18th as well, and according to the AI, it was closed for the Easter holiday. I see. … https://t.co/eFmQJmylam pic.twitter.com/MIejKAdfOz

— Takumi (@takmifx) May 11, 2025

@ThreeTrader has narrow spreads, fast deposit and withdrawal response times, and above all, their customer support is sincere and truly the best broker.

— Toshihiro (@IKANJIYA) April 12, 2023

The most common comment in ThreeTrader reviews was "the narrow spreads."

also,ThreeTrader is a trading platform specializing in low spreads and low costs, and is well-known for its low trading costsis

Customer reviews suggest that ThreeTrader's Raw Zero account is popular

If you want to learn more about ThreeTrader, the overseas forex broker ranked 9th in our recommendations, please check out ThreeTrader Reviews and User Feedback Summary

Recommended Overseas Forex Brokers Comparison | #10 IS6FX

item	Content
Safety and reliability	The Mauritius Financial Services Commission gave it a high rating of 4.7 points on Trustpilot, a leading regulatory review site.
Leverage	We occasionally offer limited-quantity accounts with leverage up to 6,666x. Our main account type offers leverage up to 1,000x.
Transaction costs	The overall spread and trading costs are somewhat high, so it's recommended to lower the effective cost with MoneyChat's cashback program.
Deposits and withdrawals	Supports bank transfers and credit card deposits and withdrawals
bonus	Earn IS6 points with each transaction, which can be exchanged for cashback or prizes
support	Japanese language support available via live chat, email, and LINE

Coming in at number 10 on our recommended overseas forex broker comparison ranking is "IS6FX"

IS6FX was created in 2020 when TECWorld acquired the overseas forex broker is6com

Since the change in management, they have released accounts with 6,666x leverage and zero spreads with a minimum of 0 pips, and have also obtained the financial license that had been causing problems

Advantages and disadvantages of the IS6FX

IS6FX has the advantage of offering generous deposit bonuses that are held irregularly

As of the time of writing this article, offers a deposit bonus of 100% for the first deposit, 50% for the second, and 30% for the third, totaling approximately 360,000 yen

Furthermore, deposit bonuses received in a Standard account can be used as trading funds, while the EX account offers the attractive flexibility of receiving cashback for every trade

On the other hand, costs such as spreads and transaction fees are set higher compared to other companies, so if you want to trade with lower transaction costs, we recommend using cashback sites such as MoneyChat

IS6FX is an overseas forex broker eligible for MoneyChat's cashback program. You can receive up to $6.60 in cashback per lot traded. For details, please see How to Receive IS6FX Cashback (New Registration)

IS6FX reviews and reputation

Below is a summary of reviews and opinions on the IS6FX

See reviews and ratings for IS6FX

IS6's Pro account is swap-free, so it might be good for holding cryptocurrencies for the medium to long term.

Also, the 10% stop-loss rate is a nice bonus.

— Omisa Princess-M Bakuekisha (@Princess_M555) June 13, 2023

The long battle is over...

the 60,000 yen I received as a bonus for opening an account with is6fx after
trading 15 lots.
I could have tried a high-leverage gamble for a big win, but I
steadily cleared the withdrawal requirements and
made a profit of 180,000 yen.
It hasn't been deposited yet though. pic.twitter.com/ffrd3PKBXQ

— Gri☆@Speculative Monster Man【Team Gri☆】 (@Gri_trader) February 25, 2022

Regarding reviews of IS6FX, mentioned that "the pro account is good because it keeps trading costs down," and there were also many comments about trading using deposit bonuses

IS6FX's professional accounts are limited to 100 accounts and are offered on an irregular basis

Although it is a limited account type, it boasts unparalleled cost performance unmatched by other companies, with no trading fees, low spreads starting from a minimum of 0 pips, and swap-free trading on major currency pairs

If you want to learn more about IS6FX, the overseas forex broker ranked 10th in our recommendations, please check out IS6FX Reviews and Testimonials Summary

bonus	Content
Get up to a ¥23,000 bonus when you open a new account!	Get a bonus worth up to 23,000 yen when you open a new account
Welcome Bonus	Receive a deposit bonus of 100%, 50%, or 30% from your first deposit, up to a maximum of 360,000 yen
Friend referral	Refer an IS6FX to a friend and receive up to 5,000 yen per person
IS6 points	Exchange IS6FX points, earned with each trade, for prizes and bonuses

Recommended Overseas Forex Brokers Comparison | #11 Star Trader

item	Content
Safety and reliability	Approvals from six institutions, including highly competitive licenses, across the entire regulatory group of the Seychelles Financial Services Authority.
Leverage	All account types offer leverage up to 1,000x, with no leverage restrictions up to an account balance of $45,000.
Transaction costs	ECN accounts offer low spreads starting from 0 pips and trading fees of just $3
Deposits and withdrawals	Supports a total of 6 deposit and withdrawal methods, including domestic bank transfers and credit cards
bonus	We are offering a deposit bonus worth up to 150,000 yen
support	Live chat and email support available in Japanese

Ranked 11th in our recommended overseas forex broker comparison ranking is "Star Trader"

Star Trader is an overseas forex broker that has been operating since 2008 and entered the Japanese market in 2024

This is a major overseas forex broker with a long track record of operation and licenses from six financial authorities

Offering ECN accounts specializing in leverage up to 1,000x and low spreads, and membership in liability insurance with coverage up to $1 millionIt boasts an excellent overall balance in many aspects

Advantages and disadvantages of Star Trader

The advantages of Star Trader are that its security is well-assured through insurance and membership in dispute resolution bodies, and that its ECN account offers favorable trading conditions

ECN accounts offer stable execution and low spreads because orders are matched directly with liquidity providers partnered with Star Trader

Star Trader partners with liquidity providers comprised of major financial institutions, and allows orders of up to 100 lots even with an ECN account

Star Trader is an overseas forex broker eligible for MoneyChat's cashback program. With an ECN account, you can receive $1.40 in cashback per lot traded. For more details, please see How to Receive Star Trader Cashback (New Registration)

StarTrader reviews and reputation

Below is a summary of StarTrader's reviews and reputation

View StarTrader reviews and ratings

Regarding the trading specifications for gold, Startrader is excellent, and
the spread for BTC is also fantastic.

I wanted to tell everyone more about this, but I lost the 15,000 bonus I received the other day due to a trading failure. I'll deposit again and start trading again.

— Omisa Princess-M Bakuekisha (@Princess_M555) January 19, 2025

This is my first time using STARTRADER, and
I like how narrow the deployment area is in Bitco! pic.twitter.com/2U5V7HpyJF

— Misui @ A desperate, bottom-tier FX trader (@misui_fx) May 18, 2025

Although StarTrader is a relatively new player, we found numerous positive reviews regarding its narrow spreads

StarTrader, which can secure deep liquidity in-house, has a good reputation for offering narrow spreads on CFD instruments such as gold and Bitcoin, .

Since all of these stocks are highly volatile, it can be said that this is an ideal environment for scalping traders

If you want to learn more about Star Trader, the overseas forex broker ranked 11th in our recommendations, please check out Star Trader Reviews and Testimonials Summary

bonus	Content
Deposit Bonus	Receive a bonus of up to $20,000: 100% on your first deposit and 20% on subsequent deposits
13% Growth Boost	Earn a daily interest cashback of 0.05% with a certain deposit and trading activity

Recommended Overseas Forex Brokers Comparison | #12 MYFX Markets

item	Content
Safety and reliability	Registered as an international business company in Saint Vincent and the Grenadines; implements segregated management of customer funds.
Leverage	Standard accounts offer a maximum leverage of 1,000x, while Pro and Micro accounts offer a maximum leverage of 500x.
Transaction costs	Pro accounts offer minimum spreads of 0 pips
Deposits and withdrawals	A fee of 2,000 yen will be charged for withdrawal methods other than Bitwallet
bonus	We are offering a 50% discount on your first deposit (up to 40,000 yen)
support	We offer Japanese language support via email, live chat, and LINE

Coming in at number 12 on our recommended overseas forex broker comparison ranking is "MYFXMarkets"

MYFXMarkets is an overseas forex broker established in 2013, and entered the Japanese market in 2019

As an overseas forex broker that receives infrastructure from Axi, which is ranked 7th in our recommended overseas forex rankings, it has a reputation for stable execution and low spreads

Advantages and disadvantages of MYFXMarkets

The advantages of MYFXMarkets are its stable execution capabilities and free delivery of trading signals

MYFXMarkets' trading signals are provided by Acuity Research Limited, which is licensed by the UK's Financial Conduct Authority (FCA)

We deliver trading strategies with a risk-reward ratio of 2:1 or higher, based on advanced analytical tools and expert analysis, making them extremely useful as a reference for beginners

MYFXMarkets is an overseas forex broker eligible for MoneyChat's cashback program. You can receive up to $4.20 in cashback per lot traded. For details, please see How to Receive MYFXMarkets Cashback (New Registration)

IS6FX reviews and reputation

Below is a summary of reviews and opinions on the IS6FX

See reviews and ratings for IS6FX

IS6's Pro account is swap-free, so it might be good for holding cryptocurrencies for the medium to long term.

Also, the 10% stop-loss rate is a nice bonus.

— Omisa Princess-M Bakuekisha (@Princess_M555) June 13, 2023

The long battle is over...

the 60,000 yen I received as a bonus for opening an account with is6fx after
trading 15 lots.
I could have tried a high-leverage gamble for a big win, but I
steadily cleared the withdrawal requirements and
made a profit of 180,000 yen.
It hasn't been deposited yet though. pic.twitter.com/ffrd3PKBXQ

— Gri☆@Speculative Monster Man【Team Gri☆】 (@Gri_trader) February 25, 2022

Regarding reviews of IS6FX, mentioned that "the pro account is good because it keeps trading costs down," and there were also many comments about trading using deposit bonuses

IS6FX's professional accounts are limited to 100 accounts and are offered on an irregular basis

Although it is a limited account type, it boasts unparalleled cost performance unmatched by other companies, with no trading fees, low spreads starting from a minimum of 0 pips, and swap-free trading on major currency pairs

If you'd like to learn more about MYFXMarkets, the overseas forex broker ranked 12th in our recommendations, please check out MYFXMarkets Reviews and Testimonials Summary

bonus	Content
Welcome Bonus	A deposit bonus equivalent to 50% of your initial deposit will be awarded, up to a maximum of 40,000 yen

Recommended Overseas Forex Brokers Comparison | #13 ECMarkets

item	Content
Safety and reliability	The Mauritius Financial Services Commission has obtained seven financial licenses across its regulatory group.
Leverage	Features dynamic leverage of up to 1,000x
Transaction costs	ECN accounts offer a minimum spread of 0 pips and a trading commission of just $1.50, making them incredibly affordable
Deposits and withdrawals	Supports a total of 6 deposit and withdrawal methods, including bank transfers and credit cards
bonus	none
support	Japanese support via email and live chat

Coming in at number 13 on our recommended overseas forex broker comparison ranking is "ECMarkets"

ECMarkets is an overseas forex broker established in London in 2011 and is licensed by the UK's Financial Conduct Authority (FCA), which is known as one of the most difficult licenses to obtain globally

Although they only recently entered the Japanese market in 2025, their high-quality service, boasting a 97% customer satisfaction rate, is expected to make them popular in the market in the future

Advantages and disadvantages of ECMarkets

The advantages of ECMarkets are its sound operational system, which includes external audits, and the excellent trading environment of its ECN accounts. ECMarkets' ECN accounts offer incredibly low rates, with a one-way lot trade costing just $1.50, compared to other overseas forex brokers, and there are no limits on the number of positions that can be held simultaneously. Furthermore, its rigorous licensing and external audits guarantee security, making it a safe choice even for large-scale traders with substantial capital

ECMarkets is an overseas forex broker eligible for MoneyChat's cashback program. You can receive up to $12 in cashback per lot traded. For details, please see How to Receive ECMarkets Cashback (New Registration)

Recommended Overseas Forex Brokers Comparison | #14 JadeFOREX

item	Content
Safety and reliability	Registered as an international business company in the Republic of Seychelles, with segregated customer funds and a highly transparent NDD (Non-Dealing Desk) system.
Leverage	We offer unlimited leverage with our No Limit account
Transaction costs	No-limit accounts offer commission-free trading and minimum spreads of 0 pips
Deposits and withdrawals	Supports domestic bank transfers and deposits/withdrawals using five types of cryptocurrencies
bonus	Deposit bonuses are offered irregularly
support	We offer email support in Japanese

Ranked 14th in our recommended overseas forex broker comparison ranking is "JadeFOREX"

JadeFOREX is a new broker established in 2021, which is unusual in the industryA No Limit account offers unlimited leverage and commission-free trading while providing low spreadsWe offer this

Furthermore, despite being a relatively new broker, JadeFOREX also operates a "white-label business," providing its own brokerage infrastructure

Furthermore, it features a high-quality trading environment, including support for cTrader, which is specialized for ECN trading

Advantages and disadvantages of JadeFOREX

One of the advantages of JadeFOREX is that it offers a No Limit account with unlimited leverage and low spreads. While Exness, a major overseas forex broker, is well-known for its unlimited leverage, JadeFOREX offers both unlimited leverage and no order rejections. Exness has received feedback that order rejections are common when instant execution is selected, so JadeFOREX is recommended for traders who also prioritize reliable execution

JadeFOREX is an overseas forex broker eligible for MoneyChat's cashback program. You can receive $0.50 in cashback for each lot traded. For more details, please see How to Receive JadeFOREX Cashback (New Registration)

JadeFOREX reviews and testimonials

Below is a summary of reviews and opinions on JadeFOREX

See reviews and ratings for JadeFOREX

I won a Yubari melon in Jadeforex's deposit lottery!

I'm just doing FX to kill time, but Jadeforex is easy to use and I'm really happy with it right now. #jadeforex #depositlottery pic.twitter.com/C1UGEOrori

— kuwa (@panoramaworld) July 5, 2023

JadeFOREX's withdrawal fees are way too high.
A 1 million yen withdrawal costs 15,000 yen. Maybe they can't survive as an A-Book broker without high fees to avoid conflicts of interest with customers. The leverage is only 200x, so I think very few people use it as their main broker. pic.twitter.com/8bWQEWekbV

— ✯King✯EA Developer Trader (@osama_kaigaifx) April 30, 2023

Regarding JadeFOREX, the environment has changed significantly since the release of the No Limit account, so there are still pre-release reviews circulating

Currently, the platform has undergone a major update, offering unlimited leverage, no trading fees, and a minimum spread of 0 pips, so we can expect to see changes in customer reviews in the future

If you want to learn more about JadeFOREX, the overseas forex broker ranked 14th in our recommendations, please check out JadeFOREX Reviews and User Feedback Summary"

Recommended Overseas Forex Brokers Comparison | #15 MONAXA

item	Content
Safety and reliability	Regulation by the Mauritius Financial Services Commission
Leverage	Offers a maximum leverage of 2,000x, with leverage limited to a maximum of 500x before and after the release of economic indicators.
Transaction costs	The Zero account allows you to trade EUR/USD with a minimum of 0 pips, with a transaction fee of $3 per transaction
Deposits and withdrawals	Four types of deposit and withdrawal methods, including domestic bank transfers and cryptocurrencies
bonus	Offering deposit bonuses worth up to $21,000
support	We offer email support in Japanese

Ranked 15th in our recommended overseas forex broker comparison ranking is "MONAXA"

MONAXA is a relatively new overseas forex broker established in 2022

Initially, the company was only registered as an international business company, but it has now obtained a financial license from the Mauritius Financial Services Commission

MONAXA is characterized not only by offering excellent trading conditions such as leverage and spreads, but also by its strong focus on financial education

Advantages and disadvantages of MONAXA

The advantages of MONAXA are its excellent overall trading conditions and the provision of financial education content

MONAXA's Acadamis financial education content offers bonuses that can be used as trading capital when you take the online course

Acadamis's content is in English, so you'll need to use Google Translate or similar tools to attend sessions other than webinars, but it's a great opportunity to learn accurate knowledge from experts

MONAXA is an overseas forex broker eligible for MoneyChat's cashback program. You can receive up to $7.50 in cashback per lot traded. For details, please see How to receive MONAXA cashback (new registration)

MONAXA reviews and reputation

Below is a summary of MONAXA's customer reviews and reputation

View MONAXA reviews and ratings

My Monaxa bonus account did pretty well.

I traded for three consecutive days, stuck to the lot size limit, and I swear to God I didn't do any "rapid positioning," so I'm looking forward to withdrawing my profits. pic.twitter.com/hU9JWQrP5N

— HIYO｜Trader (@TraderHiyo) February 14, 2025

I made a huge profit of 2.15 million yen from Monaxa's 100% deposit bonus, and it was successfully deposited in full in less than a business day. Overseas forex trading is the best after all. Thank you very much. https://t.co/hKx4hzL0h8 pic.twitter.com/rcsWa3Weiw

— TENGA@A pig that can't fly is just fat (@kuro_fx11) June 4, 2024

MONAXA, which had just entered the Japanese market, had received many reviews regarding its promotional deposit bonuses

There are testimonials from users who have earned a substantial amount of money thanks to the 100% deposit bonus and generous bonus offers, and who have successfully withdrawn their winnings

While some unscrupulous companies offer high bonuses to attract customers but then fail to process withdrawals, MONAXA has received reports of funds arriving within one business day

Key points that beginners in overseas forex trading should know

First, let's look at four essential points that beginners in overseas forex trading should know

To avoid problems with overseas forex trading, let's at least understand these common mistakes

What exactly is overseas forex trading?

In the first place, overseas forex brokers are "all forex brokers that have their base of operations outside of Japan."

Overseas forex brokers located outside allowing them to offer high leverage and bonus campaigns that improve capital efficiency

On the other hand, overseas forex trading is not registered with Japan's Financial Services Agency, and therefore does not have a license in Japan, which is considered one of the safest countries in the world

Therefore, when using overseas forex brokers, you need to verify their safety yourself, such as whether they have obtained licenses in other countries

Using overseas forex brokers is not illegal

It is not illegal for Japanese residents to use overseas forex brokers

It's easy to misunderstand that "overseas forex trading = illegal," but the Japanese Financial Services Agency permits Japanese residents to use it at their own discretion

On the other hand, even unregistered foreign securities firms that do not have a base in Japan are permitted to conduct securities-related business activities from abroad on behalf of domestic parties, either without soliciting such activities or through an agent or intermediary by a financial instruments business operator (limited to Type I financial instruments business)

Source: Financial Services Agency X. Supervisory Evaluation Items and Procedures (Foreign Securities Firms, etc.)

Overseas forex brokers become illegal if they solicit clients who are residents of Japan

Therefore, you should avoid using overseas forex brokers that actively solicit you or those that use intermediaries

Beware of withdrawal refusals and account freezes

Common problems with overseas forex trading include " withdrawal refusal " and " account freezing ."

Withdrawal refusal and account freezing are also penalties imposed by domestic FX brokers if the terms of service are violated

However, the problem with overseas forex trading is the refusal of withdrawals and account freezing for unfair reasons.

The collapse of Gemforex has been featured in Weekly Gendai:

"Please return the 200 million yen I earned quickly...!" 《5 billion yen trouble with a fraudulent FX broker》 "Days of despair" experienced by victims nationwide @moneygendai #Gemforex
https://t.co/pxuIvp19nf #MoneyGendai

— Overseas Forex Research Corps (@wwfxinfo_tw) April 16, 2025

A well-known example of malicious withdrawal refusal by overseas forex brokers is GEMFOREX, which held over 5 billion yen in funds

The company was running bonus promotions until the day before announcing its bankruptcy, and as of 2025, the funds have still not been returned. Furthermore, rumors are circulating online that the company's management was Japanese and that it had falsely stated that its funds were protected by a trust

How to avoid problems with overseas forex trading

To avoid problems with overseas forex trading, please pay attention to the following points

By keeping these points in mind, you can avoid unscrupulous businesses

choose an overseas forex broker that holds a financial license and is ranked highly in the " Recommended Overseas Forex Comparison Ranking

For beginners, we recommend checking out the "Complete Guide to Overseas Forex Trading

Advantages of using overseas forex trading

Here six

Let's take a closer look at the specific advantages that make overseas forex trading so popular, something that domestic forex trading doesn't offer

You can start trading even with zero capital

With overseas forex trading, you can make money even with zero initial capital

This is because many overseas forex brokers offer a "new account opening bonus."

The new account opening bonus is a campaign where you receive trading funds upon opening an account and completing identity verification

Overseas Forex Brokers	Bonus amount
XMTrading	Equivalent to 13,000 yen
Vantage Trading	Equivalent to 15,000 yen
FXGT	Equivalent to 20,000 yen
Swift Trader	Equivalent to 15,000 yen
BigBoss	Equivalent to 15,000 yen

Bonuses from overseas forex brokers are typically awarded as "cushion credits."

Credits can be used as trading funds of the same amount, and profits can be withdrawn without any problems

The latest overseas forex bonus information is updated regularly on the Overseas Forex Latest Bonus Campaign Ranking

You can trade with high leverage

The biggest advantage of using overseas forex trading is the high leverage it offers

In domestic FX trading, individual accounts are limited to a maximum leverage of 25 times. However, overseas FX brokers, which are not subject to the leverage restrictions of domestic FX, can offer high leverage of up to 200 times or even unlimited .

The higher the maximum leverage, the less margin is required for trading, thus improving capital efficiency and enabling more efficient trading

If you're looking to make big profits starting with a small amount of capital, be sure to check out the tips and precautions for high-leverage trading

No margin call will occur

Another advantage of overseas forex trading is that you won't incur losses exceeding your account balance

Overseas forex trading employs a zero-cut system, where the broker covers any negative balance if losses exceed the account balance

On the other hand, there is no zero-cut system in domestic FX trading

When a negative balance occurs in a domestic FX account, the customer will be required to pay the negative balance as a margin call

on zero-cut systems, which allow you to trade without margin calls in overseas forex trading, please see A Thorough Explanation of the Zero-Cut System

A world-standard trading platform is available

Overseas forex brokers widely use the MT4 and MT5 trading platforms, which are favored by traders worldwide

MT4 and MT5 include all the necessary functions for trading, from order placement to chart analysis

Furthermore, the high degree of expandability offered by MT4 and MT5, including the ability to add custom indicators and automated trading (EA) functions, is another attractive feature

Fully automated trading (EA) is available

One advantage of overseas forex trading is that anyone can easily start using a full-fledged automated trading system with any broker

Automated trading is a system where a program automatically executes trades according to predetermined trading rules

Automated trading in overseas forex is done using MT4/MT5 EAs (Expert Advisors)

Because EAs (Expert Advisors) allow you to program detailed strategies into automated trading systems, anyone can start serious automated trading simply by downloading an EA from the internet .

If you're interested in starting automated trading with overseas forex brokers, please refer to Introduction to Automated Trading (EA) in Overseas Forex Brokers

Scalping is widely accepted

Scalping is a trading method that allows you to minimize losses even with high leverage and tends to yield results in a short period of time

One advantage of overseas forex trading is that many brokers officially allow scalping

If you have the skills to successfully utilize high leverage and scalping, entirely possible to generate significant profits with a very small initial investment .

If you're interested in scalping, be sure to check out scalping tips and recommended accounts

Disadvantages of overseas forex trading

Here three

While overseas forex trading offers many advantages in terms of trading conditions and no margin calls, there are also common disadvantages across the board

We delve deeper into the opinions that advise against overseas forex trading in this article: " Why is overseas forex trading not recommended? A thorough explanation of the risks

Unregistered with Japan's Financial Services Agency

All overseas forex brokers are not registered with the Japanese Financial Services Agency

In fact, the Financial Services Agency,A warning has been issued to an overseas forex broker suspected of soliciting Japanese residents, classifying them as "operators conducting financial instrument transactions without registration."I am doing it

There are no penalties for issuing warnings, and as mentioned earlier, it is legal for Japanese residents to use overseas forex trading

However, even with warnings, overseas forex brokers do not register with Japan's Financial Services Agency for the following reasons .

Registering with Japan's Financial Services Agency would mean that more services would become unavailable, and to begin with, overseas forex brokers don't necessarily operate their services specifically for residents of Japan

In other words, from the perspective of overseas forex brokers, there is no reason to bother registering as a forex broker in Japan, where there are many restrictions。

your questions about the laws surrounding overseas forex trading are answered in Summary of the Illegality of Overseas Forex Trading

Overall, the spreads are wider than those of domestic FX brokers

Generally speaking, overseas forex brokers tend to have wider spreads than domestic forex brokers, which is a disadvantage

Therefore, for traders who specialize in extremely short-term trading methods such as scalping, the spreads in overseas forex trading can be a disadvantage

However, some overseas forex brokers also offer accounts that allow trading with low spreads

Let's take a look at Overseas Forex Spread and Fee List which compares the actual spreads of various companies

Income tax tends to be high

One disadvantage of overseas forex trading is that the income tax on profits tends to be higher

This is because the taxation methods differ between domestic and overseas forex trading

item	Domestic FX	Overseas FX
Taxation method	Separate taxation upon declaration	Comprehensive taxation
Tax rate calculation	Calculated separately from other income	Calculated based on the total amount including other miscellaneous income (progressive taxation)
income tax rate	15%	5％～45％

Unlike domestic FX trading, income from overseas FX trading is taxed based on the total amount of your salary and income from side jobs

Under comprehensive taxation, where income is taxed based on the total amount of all income, the higher the total income, the higher the income tax rate, which means that taxes on overseas forex trading tend to be high

Questions about taxes on overseas forex trading are answered in our Complete Guide to Taxes on Overseas Forex Trading

How to choose an overseas forex broker and account

Here, we will explain the following six essential points for choosing an overseas forex broker and account

If you're looking for a good overseas forex broker but don't know where to start, keeping these points in mind will put your mind at ease

Always check whether they have a financial license

As a fundamental principle, when choosing an overseas forex broker, make sure they have obtained a financial license

A table summarizing typical examples of overseas financial licenses is provided

License name (English)	Main features and compensation system
UK Financial Conduct Authority (FCA)	Segregation of customer funds, FSCS coverage (up to £85,000), and strict regulations
Cyprus Securities and Exchange Commission (CySEC)	Compliant with EU regulations, ICF compensation (up to €20,000), and highly transparent operations
Australian Securities and Investments Commission (ASIC)	External audits are required, assets are segregated, and certain leverage limits apply
Mauritius Financial Services Commission (FSC)	Relatively flexible regulations, and many businesses offering Japanese language support are registered
Seychelles Financial Services Authority (FSA)	Relatively flexible regulations, and many businesses offering Japanese language support are registered
Financial Services Commission (VFSC)	Relatively flexible regulations, and many businesses offering Japanese language support are registered

Financial licenses that allow you to open an account from Japan fall under the jurisdiction of the Mauritius Financial Services Commission or the Vanuatu Financial Services Commission

On the other hand, even if not directly under their control, reassuring if the same group company holds highly difficult-to-obtain financial licenses, such as those from the UK Financial Conduct Authority or the Cyprus Securities and Exchange Commission .

For information on the financial licenses held by overseas forex brokers, please refer to " List of Overseas Forex Financial Licenses, " which summarizes the regulations of each country.

Liability insurance or membership in the Financial Services Commission

If an overseas forex broker has liability insurance or is a member of the Financial Commission, you can rest assured that compensation will be paid in the event of any problems

Unlike domestic FX brokers, overseas FX brokers do not typically employ trust protection that guarantees the return of funds in the event of bankruptcy, so the presence or absence of a compensation system is an essential consideration

With liability insurance and membership in the Financial Services Commission, even if the service provider fails to properly address a problem, you can receive compensation from a third-party organization.

There is an office that reflects the actual state of business operations

Avoid using overseas forex brokers that are so-called "shell companies" with no physical office and whose actual business operations are unclear

Overseas forex brokers that unfairly refuse withdrawals or freeze accounts often tend to be shell companies without physical offices

Choose an overseas forex broker whose head office location is clear and whose business operations can be verified

The financial resources to engage in sponsorship activities

From iconic on-track experiences for our VIP partners, to exclusive client promotions and fun trading challenges, 2024 was one for the books!

Here's to another year of excellence, speed and success.

Read our partnership renewal news: https://t.co/S0KTkzVbqW pic.twitter.com/HqEidoHGn6

— XMTrading (@xmtrading_com) February 12, 2025

You can identify financially stable overseas forex brokers that are not at risk of bankruptcy by examining their sponsorship activities

Sponsoring a sports team requires a company to have economic strength and social credibility

For example, when becoming a mid-sized sponsor of an F1 team or FC, the following conditions are generally in place:

• Sponsorship fees: Approximately $1 million (approximately 150 million yen) to $10 million (approximately 1.5 billion yen) per year
• Financial soundness: A stable funding base is required, with an annual turnover of at least 1 billion yen as a guideline
• International Expansion: Being a large company with a global presence is also considered important
• Compliance with laws and regulations: Anti-social forces are excluded, and operations and management are conducted in accordance with the regulations of each country
• Image risk: Are you offering services with a bad reputation that are easily criticized socially or ethically?

that are featured as the main logo on the uniforms of sponsoring companies have sufficient financial resources and can be considered to have a high level of social credibility.

Beginners should check whether there are bonuses and their specifications

Beginners in overseas forex trading should choose an overseas forex broker that offers bonus campaigns

With overseas forex brokers, you can start real trading even without making a deposit thanks to their bonuses

The following overseas forex brokers offer a new account opening bonus that allows you to start real trading without making a deposit

Overseas Forex Brokers	Bonus amount
XMTrading	Equivalent to 13,000 yen
Vantage Trading	Equivalent to 15,000 yen
FXGT	Equivalent to 20,000 yen
Swift Trader	Equivalent to 15,000 yen
BigBoss	Equivalent to 15,000 yen
IS6FX	Equivalent to 3,000 yen

Along with the new account opening bonus, let's also check the bonus specifications

You can withdraw profits even without making a deposit, but a certain trading volume may be required

Advanced traders and experienced FX traders are concerned with trading costs and execution speed

For advanced traders and experienced FX traders who want to make substantial profits in an overseas FX trading environment, choose a broker that prioritizes "trading costs" and "execution speed."

Transaction costs and execution speed can be judged from the following factors

item	Content
Transaction costs	- Narrow minimum and average spreads - Low trading fees (approximately $3 or less per lot, one way) - Sufficiently high leverage (500x or more is recommended for advanced traders)
Execution power	• High execution rate and contract completion rate (over 90%) • Low slippage • Low contract rejection (requote)

Account types that offer favorable spreads in overseas forex trading also have trading fees

This transaction fee can be converted to an effective spread of 1 dollar = 0.1 pips, making it easier to compare when considering the overall transaction costs

You can judge a broker's execution capabilities by looking at publicly available execution rates and customer reviews regarding slippage and order rejections

Safety Category | Recommended Overseas Forex Ranking

Rank	Operational track record	Direct financial license	Fund management	Compensation system	Sponsorship activities
1st place XMTrading	Founded in 2009, with over 10 million accounts.	Seychelles Financial Services Authority (FSA) Mauritius Financial Services Commission (FSC)	Separate management	-	Visa Cash App Racing Bulls F1 Official FX Partner
2nd place Exness	Founded in 2008, with 1 million active accounts.	Mauritius Financial Services Board	Separate management	The Financial Commission offers compensation of up to 20,000 euros	-
3rd place AXIORY	Awarded for high transparency as a business established in 2011.	Belize Financial Services Commission (FSC)	Trust protection	The Financial Commission offers compensation of up to 20,000 euros	-
4th place TitanFX	Founded in 2014, CEO is also the chairman of the financial association.	Financial Services Board of the Republic of Vanuatu	Separate management	The Financial Commission offers compensation of up to 20,000 euros	-
5th place HFM	founded in 2023 with over 10 years of experience in the industry.	Seychelles Financial Services Authority (FSA)	Separate management	Liability insurance coverage up to US$5 million	Wimbledon Official Sponsor

The ranking of recommended overseas forex brokers based on safety is as shown above

The safety of overseas forex brokers is evaluated based on criteria such as the financial licenses they hold and their compensation systems

Here, we've compiled a list of the top 5 overseas forex brokers in the safety category ranking

1st place in safety category｜XMTrading

item	Content
Founding	2009
Fund management system	Separate management
Compensation system	-
Sponsorship activities	Visa Cash App Racing Bulls F1 Official FX Partner
Zero Cut	can be

Operating company	Financial License
Tradexfin Limited	Seychelles Financial Services Authority (FSA) Registration Number: SD010
Fintrade Limited	Mauritius Financial Services Commission (FSC) Registration Number: GB20025835

XM Group's overall financial license

Group companies	Financial License
Trading.com Markets UK Limited	UK Financial Conduct Authority (FCA) registration number: 705428
Trading.com Markets PTY Ltd	Australian Securities and Investments Commission (ASIC) registration number: 443670
XM Global Limited	Belize Financial Services Commission (FSC) registration number: 000261/27
Trading Point MENA Limited	Dubai Financial Services Authority (DFSA) Registration Number: F003484
Trading.com Markets EU Limited, previously Trading Point Asset Management Ltd	Cyprus Securities and Exchange Commission (CySEC) registration number: 256/14
Trading Point of Financial Instruments Ltd	Cyprus Securities and Exchange Commission (CySEC) registration number: 120/10
Trading.com Markets Inc.	National Futures Association (NFA) registration number: #0516820
XM International MU Limited	Mauritius Financial Services Commission Registration Number: GB23202700

In terms of safety, the number one recommended overseas forex broker is "XMTrading" .

XMTrading's high level of security, coupled with its overwhelming popularity and recognition among Japanese traders, is the main reason it ranked first in the security category

Another key point is that the parent company, XM Group, holds some of the most prestigious licenses in the industry, such as those from the UK Financial Conduct Authority and the U.S. Futures Association

For beginners who want to avoid suspicious overseas forex brokers, choosing XMTrading is a safe bet

2nd place in safety category｜Exness

item	Content
Founding	2008
Fund management system	Separate management
Compensation system	Membership in the Financial Commission provides compensation of up to €20,000.
Sponsorship activities	-
Zero Cut	can be

Operating company	Financial License
Exness (MU) Ltd	Mauritius Financial Services Commission Registration Number: GB20025294

Exness Group's Financial License

Group companies	Financial License
Exness (SC) Ltd	Seychelles Financial Services Authority (FSA) Registration Number: SD025
Exsage BV.	Central Bank of Curaçao & Sint Maarten Registration Number: 0003LSI
Exness (VG) Ltd	British Virgin Islands Financial Services Commission (FSC) registration number: 20/1133
Exness ZA (PTY)	South Africa Financial Sector Action Authority (FSCA) Registration Number: 51024
Exness (Cy) Ltd	Cyprus Securities and Exchange Commission (CySEC) registration number: 178/12
Exness (UK) Ltd	UK Financial Conduct Authority (FCA) registration number: 730729
Exness (KE) Limited	Kenya Capital Markets (CMA) registration number: 162
Exness Limited Jordan Ltd	Jordan Securities Commission (JSC) Registration Number: 51905

In terms of safety, the second-ranked overseas forex broker is "Exness" .

Exness is highly regarded by many overseas forex traders for its transparent operational structure

Exness's reliability is evident from its regular external audits conducted by Detroit Touche Tohmatsu, one of the world's four largest accounting firms

Exness is ideal for those who want to maximize the advantages of high leverage in overseas forex trading and use it with the most reliable broker

3rd place in safety category｜AXIORY

item	Content
Founding	2011
Fund management system	Trust protection
Compensation system	Membership in the Financial Commission provides compensation of up to €20,000.
Sponsorship activities	-
Zero Cut	can be

Operating company	Financial License
Axiory Global Limited	Belize Financial Services Commission (FSC) registration number: 000122/8

ranking of recommended overseas forex brokers in the safety category, we "AXIORY" .

AXIORY is highly regarded among overseas forex brokers for its customer fund management system and compensation system

AXIORY is an overseas forex broker that employs trust protection, which is rare among overseas forex brokers .

With trust protection, the return of funds is guaranteed even if the broker goes bankrupt

Therefore, AXIORY is recommended for those who want to use an overseas forex broker that can prepare for all kinds of risks, including bankruptcy

4th place in safety category｜TitanFX

item	Content
Founding	2014
Fund management system	Separate management
Compensation system	Membership in the Financial Commission provides compensation of up to €20,000.
Sponsorship activities	-
Zero Cut	can be

Operating company	Financial License
Titan FX Limited	Vanuatu Financial Services Commission Registration Number: 40313

TitanFX Group's Financial License

Group companies	Financial License
Goliath Trading Limited	Seychelles Financial Services Authority (FSA) Registration Number: SD138
Titan Kings	Mauritius Financial Services Commission Registration Number: GB20026097
Atlantic Markets Limited	British Virgin Islands Financial Services Commission (FSC) registration number: 2080481

ranking of recommended overseas forex brokers in the safety category, we recommend "TitanFX" .

TitanFX holds multiple financial licenses and is a member of the Financial Commission

The Financial Services Commission offers up to €20,000 in compensation in the event of a dispute between TitanFX and its customers, so you can rest assured

Furthermore, Martin St-Hilaire, CEO of TitanFX, serves as the Chairman of the Financial Centres Association and the Financial Markets Association in the Republic of Vanuatu.

5th place in safety category｜HFM

item	Content
Founding	2010
Fund management system	Separate management
Compensation system	Lloyd's of London civil liability insurance provides coverage up to US$5 million.
Sponsorship activities	Sponsors of Paris Saint-Germain FC
Zero Cut	can be

Operating company	Financial License
HF Markets (SV) Ltd	Saint Vincent and the Grenadines International Business Company Registration Number: 22747 IBC 2015

Financial licenses for the entire HFM Group

Group companies	Financial License
HF Markets (UK) Ltd	UK Financial Conduct Authority (FCA) registration number: 801701
HF Markets SA (PTY) Ltd	South Africa Financial Sector Action Authority (FSCA) Registration Number: 46632
HF Markets (Seychelles) Ltd	Seychelles Financial Services Authority (FSA) Registration Number: SD015
HFM Investments Ltd	Kenya Capital Markets (CMA) registration number: 155

recommended overseas forex brokers in the safety category, "HFM" .

HFM is an overseas forex broker established in 2010 with over 14 years of operating experience. It sponsors F1 and professional soccer clubs, and enjoys a high level of social trust

The group as a whole holds five financial licenses and is insured with liability coverage of up to 5 million euros

If you'd like to learn more about recommended overseas forex brokers that prioritize safety, please read our article Overseas Forex Broker Safety Ranking

Bonus Category | Recommended Overseas Forex Ranking

Rank	New account opening bonus	Deposit Bonus	point	Friend referral bonus	others
1st place XMTrading	Equivalent to 13,000 yen	100% and 20% total value of $10,500 (subject to irregular resets)	Loyalty program point redemption: Cashback credits	Up to 20,000 yen per person	Deposit bonuses are offered every season
2nd place Vantage Trading	Equivalent to 15,000 yen	100%, 50%, and 20% total value of approximately 1.5 million yen	Loyalty program point redemption: Coupons	Equivalent to $10 per person	Premium Deposit Promotion
3rd place FXGT	Equivalent to 15,000 yen	100%, 50%, 25% - Total value equivalent to 1.43 million yen	-	-	-
4th place IS6FX	Equivalent to 13,000 yen	100%, 50%, 30% - total value of approximately 360,000 yen	Loyalty program point redemption: Cashback and various prizes	Up to 5,000 yen per person	ISP cashback campaign with Peska deposit
5th place HFM	-	20% up to 750,000 yen	Loyalty program point redemption: Cashback and various services	-	Early Summer Trading Contest: Surplus Margin Rebate

The ranking of recommended overseas forex brokers based on bonuses is as shown above

Bonus campaigns that allow you to raise trading funds are a major attraction of overseas forex trading

We've compiled a list of the top 5 overseas forex brokers that offer new account opening bonuses that allow real trading without making a deposit, as well as high-return deposit bonuses

Bonus Category #1 | XMTrading

Campaign Name	Content	Event period
New account opening bonus	New account openings include a bonus credit worth 13,000 yen	End date undecided
100% Deposit Bonus	100% bonus credit on your first deposit (up to $500)	End date undecided
20% deposit bonus	Receive a 20% bonus credit (up to $10,000) on your second and subsequent deposits	End date undecided
Loyalty Program	Earn XM Points with every trade. XM Points can be exchanged for cashback or credit	End date undecided
Friend referral bonus	Refer a friend to XMTrading and receive a bonus of up to 20,000 yen per person	End date undecided

recommended overseas forex broker in the bonus category "XMTrading" .

XMTrading is offering a new account opening bonus worth 13,000 yen. This new account opening bonus has no leverage restrictions, etcEven without making a deposit, you can withdraw all profits generated from tradingis

Furthermore, a deposit bonus worth a total of $10,500 is also being offered

Please note that the deposit bonus is reset periodically, so you can receive the bonus multiple times

Bonus Category 2nd Place | Vantage Trading

Campaign Name	Content	Event period
New account opening bonus	New account openings include a bonus credit worth 15,000 yen	End date undecided
120% bonus on your first deposit	100% bonus credit on your first deposit (up to ¥75,000)	End date undecided
50% deposit bonus for your second deposit	A bonus credit equivalent to 50% of your second deposit (up to 150,000 yen)	End date undecided
20% deposit bonus from the third deposit onwards	A bonus credit equivalent to 20% of your third and subsequent deposits (up to ¥1,275,000)	End date undecided
Vantage Trading Rewards	Vantage points are accumulated with each transaction, and Vantage points can be exchanged for various coupons
Premium Deposit Promotion	Once you meet the required account balance and trading lot size, you will receive an annual interest rate of 13% in your account every Monday	End date undecided
Friend Referral Campaign	Refer a friend to VantageTrading and receive a $10 bonus credit	End date undecided

ranked overseas forex broker in the bonus category "Vantage Trading" .

In addition to the standard new account opening bonus and deposit bonus, Vantage Trading also offers a "Premium Interest Promotion" where interest is added to your account balance.

Another notable feature is that the deposit bonus can be used even with the ECN account, which is a more advanced account type

By combining deposit bonuses with an ECN account, you can minimize your own capital and trading costs

Bonus Category 3rd Place | FXGT

Campaign Name	Content	Event period
New account opening bonus	New account openings include a bonus credit worth 15,000 yen	End date undecided
100% Welcome Deposit Bonus	100% bonus credit on your first deposit (up to ¥80,000)	End date undecided
50% second deposit bonus	50% bonus credit on your second deposit (up to ¥150,000)	End date undecided
25% Unlimited Loyalty Deposit Bonus	Receive a 25% bonus credit with every deposit (up to ¥1,200,000)	End date undecided

ranked overseas forex broker in the bonus category "FXGT" .

FXGT offers a deposit bonus worth 15,000 yen and a total deposit bonus exceeding 1 million yen

While advanced account types are not eligible for bonuses, they are characterized by a large bonus limit for deposit bonuses

Also, since FXGT often offers limited-time bonuses unexpectedly when there are significant movements in the cryptocurrency market, be sure to regularly check for announcements from FXGT

Bonus Category 4th Place | IS6FX

Campaign Name	Content	Event period
New account opening bonus	New account openings include a bonus credit worth 13,000 yen	End date undecided
100% Deposit Bonus	100% bonus credit on your first deposit (up to ¥60,000)	End date undecided
50% deposit bonus	50% bonus credit on your second deposit (up to ¥100,000)	End date undecided
30% deposit bonus	30% bonus credit on your third deposit (up to ¥200,000)	End date undecided
Loyalty Program	Earn IS6 points with every transaction. IS6 points can be exchanged for cashback or luxurious prizes	End date undecided
ISP cashback campaign with Peska deposit	6 IS points equivalent to 1% of the deposit amount via Peska (maximum 1,000 ISPs)	End date undecided
Friend Referral Campaign	Refer an IS6FX to a friend and get up to 5,000 yen per person	End date undecided

ranked overseas forex broker in the bonus category "IS6FX" .

IS6FX offers various bonus campaigns throughout the year

If you receive your deposit bonus in a dedicated cashback EX account, you can exchange it for cashback of up to $4 per lot .

Additionally, you can use the IS6 points you accumulate with each transaction to exchange them for iPhones or Apple Store gift cards

Bonus Category 5th Place | HFM

Campaign Name	Content	Event period
20% deposit bonus	Receive a 20% bonus credit with your deposit (up to ¥750,000)	End date undecided
Early Summer Trade Contest	You can earn raffle tickets based on the number of lots traded during the period, with prizes including overseas trips	May 12, 2025 - June 13, 2025
Excess margin refund	A maximum annual interest rate of 3% is credited to your account depending on your trading volume	End date undecided
HFM Loyalty Program	HFM bars are accumulated with each transaction, and HFM bars can be exchanged for cashback and various services	End date undecided

The 5th ranked overseas forex broker in the bonus category is "HFM (HFM Markets)".

HFM offers unique bonus campaigns not found at other companies, including a 20% deposit bonus and the "Early Summer Trading Contest" where you have a chance to win a trip to Europe by trading

Our unique loyalty program allows you to accumulate HFM bars with each transaction, which can then be used to receive various services

also possible to have a private session with a market analyst using HFM bars .

For information on overseas forex account opening bonuses and deposit bonuses, please see our Overseas Forex Account Opening Bonus and Deposit Bonus Comparison Ranking

Leverage Category | Recommended Overseas Forex Ranking

Rank	Maximum leverage	Features
1st place Exness	Unlimited	Unlimited leverage is available for all account types, supporting major and minor currency pairs, as well as gold and silver. Low-spread accounts are an excellent match for unlimited leverage.
2nd place FXGT	5,000 times	With an Optimus account, you can get up to 5,000x leverage. Except for cryptocurrency CFDs, there are also 2 days of swap-free trading. Cryptocurrency CFDs offer up to 1,000x leverage.
3rd place HFM	2,000 times	All account types offer 2,000x leverage on currency pairs and gold, and leverage can be extended up to 500x even during periods of leverage restrictions related to economic indicators.

The ranking of recommended overseas forex brokers based on leverage is as shown above. From top to bottom, you can trade with maximum leverage of unlimited, 5,000x, and 2,000x. By choosing an overseas forex broker with high leverage, you can aim for large profits in the trading world even with a small amount of capital

Leverage Category: 1st Place | Exness

item	Content
Maximum leverage	Unlimited
Leverage restrictions	Leverage restrictions based on effective margin (equivalent to $5,000 or more) From 15 minutes before the announcement of economic indicators until 5 minutes after the announcement (maximum 200x) From 3 hours before the market close until 2 hours after the market open (maximum 200x) Leverage restrictions by trading instrument
Forced stop-loss level	Margin maintenance ratio 0%

recommended overseas forex broker in the leverage category "Exness" .

In Exness, if the following conditions are metThe highest unlimited leverage in the history of overseas forex tradingIt is available

Exness's unlimited leverage is equivalent to "effectively 2.1 billion times" and is available for all account types on major and minor currency pairs and precious metal CFDs (gold and silver)

The high volatility of gold pairs well with unlimited leverage, and many traders are able to make significant profits with small amounts of capital

FXGT - 2nd Place in the Leverage Category

item	Content
Maximum leverage	5,000x leverage *Optimus account
Leverage restrictions	Leverage limits based on effective margin (from $1,000 equivalent) Leverage limits by trading instrument Leverage limits by account type
Forced stop-loss level	Margin maintenance ratio 0% *Optimus account

ranked overseas forex broker in the leverage category "FXGT" .

With FXGT's Optimus account, you can use leverage up to 5,000 times if you meet the following conditions

The maximum leverage of 5,000x for Optimus accounts applies to both major and minor currency pairs .

Furthermore, all tradable instruments except for cryptocurrency CFDs are swap-free for two days, making them ideal for day trading and swing trading with high leverage

Furthermore, regarding cryptocurrency CFDs,Major cryptocurrencies like Bitcoin and Ethereum offer leverage up to 1,000xYou can trade here

Leverage Category: 3rd Place | HFM

item	Content
Maximum leverage	2,000 times
Leverage restrictions	Leverage restrictions based on effective margin (equivalent to $5,000 or more) From 15 minutes before to 5 minutes after the release of economic indicators (maximum 500x) Leverage restrictions before and after rollover (maximum 500x) Leverage restrictions by trading instrument Leverage restrictions by account type
Forced stop-loss level	Margin maintenance ratio 20%

The third- ranked overseas forex broker in the leverage category is "HFM (HFM Markets)".

At HFM, you can use leverage up to 2,000x without any conditions for all account types.

Leverage of up to 2,000x applies to currency pairs and the precious metal gold

Similar to Exness, there are leverage restrictions before and after the release of economic indicators, but HFM is characterized by its more lenient restrictions, allowing leverage up to 500 times

If you'd like to compare the leverage offered by various overseas forex brokers, or if you're looking for a broker with high leverage, please refer to A Thorough Comparison of Overseas Forex Leverage

Spread Category | Recommended Overseas Forex Ranking

Rank	USD/JPY	EURUSD	GBPUSD	AUDUSD	XAUUSD
#1 Exness Zero Account	0.45 pips	0.45 pips	0.65 pips	0.6 pips	0.8 pips
2nd Place: Axi Elite Account	0.675 pips	0.575 pips	0.875 pips	0.475 pips	1.35 pips
Third place: ThreeTrader Raw Zero Account	0.7 pips	0.6 pips	1.0 pips	0.5 pips	1.0 pips

The spreads listed in the table above represent the average daily spread, with a trading fee of 0.1 pips per dollar added

The ranking of recommended overseas forex brokers based on spreads is as shown above

By choosing an overseas forex broker with narrow spreads, you can trade at favorable prices

Top-ranked overseas forex accounts in the spread category allow trading with spreads as low as 0 pips

Spread Category #1 | Exness

Brand	Zero Account's effective average spread (daily average + trading fees)
USD/JPY	0.45 pips （0.1+0.35）
EURUSD	0.45 pips （0.1+0.35）
GBPUSD	0.65 pips （0.2+0.45）
AUDUSD	0.6 pips （0.1+0.5）
XAUUSD	0.8 pips （0+0.8）

recommended overseas forex broker in the spread category "Exness Zero Account" .

Exness's Zero Account offers low spreads starting from a minimum of 0 pips and trading fees starting from the equivalent of $3.50 per lot, one way

By setting trading fees for each type of stock,A wide range of instruments can be traded with a 0-pip spread for most of the timeis

Furthermore, the average spread and the effective spread, including trading fees, are low, making it a truly low-spread overseas FX account with a low-cost environment

Spread Category, 2nd Place | Axi

Brand	Effective average spread for Elite accounts (daily average + trading fees)
USD/JPY	0.675 pips （0.5+0.175）
EURUSD	0.575 pips （0.4+0.175）
GBPUSD	0.875 pips （0.7+0.175）
AUDUSD	0.475 pips （0.3+0.175）
XAUUSD	1.35 pips （1.0+0.125）

The second- ranked overseas forex broker in the spread category is "Axi's Elite Account".

Axi's Elite account offers low spreads with the industry's lowest trading fees of $1.75 per lot, one way

Our low transaction fees and consistently low spreads are strengths that other companies do not have

however,To use an Elite account, you need to deposit a total of $25,000 into your Axi accountThis is the result

Therefore, we unfortunately came in second place in the spread category rankings

Spread Category: 3rd Place | ThreeTrader

Brand	Raw Zero account's effective average spread (daily average + trading fees)
USD/JPY	0.7 pips （0.5+0.2）
EURUSD	0.6 pips （0.4+0.2）
GBPUSD	1.0 pips （0.8+0.2）
AUDUSD	0.5 pips （0.3+0.2）
XAUUSD	1.0 pips （1.0+0）

The third-ranked overseas forex broker in the spread category is "ThreeTrader's Raw Zero Account".

ThreeTrader's Raw Zero account offers a minimum spread of 0 pips with a trading commission of $2 per lot, one way

While the effective spread including trading fees is slightly inferior to Axi's Elite account, ThreeTrader's Raw Zero account is available with an initial minimum deposit of $1,000 (compared to a cumulative total of $25,000 for Axi's Elite account)

Let's take a look at Overseas Forex Spread and Fee List which compares the actual spreads of various companies

Scalping Category | Recommended Overseas Forex Ranking

• Scalping Category: 1st Place | Exness
• Scalping Category, 2nd Place | AXIORY
• Scalping Category: 3rd Place | ThreeTrader

The ranking of recommended overseas forex brokers for scalping is as shown above

These overseas forex brokers offer a trading environment that is conducive to scalping, a strategy that involves making quick trades

You can comfortably scalp without worrying about trading in unfavorable positions due to spreads or being unable to make big profits with low leverage

Scalping Category: 1st Place | Exness

recommended overseas forex broker for scalping "Exness" .

Exness excels over other companies in both low spreads and high leverage, which are essential for scalping in overseas forex trading

First, because it offers unlimited leverage, it's easy to increase the lot size even with a small amount of capital, making it an excellent match for scalping, which requires narrow stop-loss ranges .

Furthermore, the Low Spread Account and Zero Spread Account allow you to trade with spreads as low as 0 pips

Scalping Category, 2nd Place | AXIORY

ranked overseas forex broker in the scalping category "AXIORY" .

AXIORY is renowned for its high execution speed. Therefore, there are no restrictions whatsoever on scalping, and simultaneous orders of up to 1,000 lots are possible

Regarding trading platforms, in addition to MT4 and MT5, we also support the low-latency cTrader

cTrader specializes in the NDD ECN method, where orders are matched directly with financial institutions, enabling scalping with the fastest execution speed and no delays .

Scalping Category: 3rd Place | ThreeTrader

ranked overseas forex broker in the scalping category "ThreeTrader" .

ThreeTrader offers a Raw Zero account, which is ideal for scalping

The Raw Zero account offers some of the lowest spreads among overseas forex brokers. Furthermore, all tradable instruments have zero stop-loss levels, making it suitable for high-frequency scalping using automated trading systems .

To find the best overseas forex accounts for scalping with leverage and low spreads, take advantage of the strengths of overseas forex trading, please see Recommended Overseas Forex Account Comparison for Scalping

Swing Trading Category | Recommended Overseas Forex Ranking

• Swing Trading Category #1 | XMTrading
• Swing Trading Category, 2nd Place | MYFXMarkets
• Swing Trading Category, 3rd Place | Exness

The ranking of recommended overseas forex brokers in the swing trading category is as shown above

For swing trading, overseas forex brokers are recommended because they offer swap-free trading, which significantly reduces the cost of maintaining positions

Furthermore, with high-swap brokers, you can receive substantial swap points as profit each time you hold a position overnight

Swing Trading Category #1 | XMTrading

recommended overseas forex broker for swing trading "XMTrading" .

XMTrading offers the KIWAMI account, which is ideal for swing trading

With a KIWAMI account, you can trade the following securities with "unlimited swap-free" terms

Brand	KIWAMI account	Other than KIWAMI accounts
Currency pairs (excluding exotic currency pairs)	Swap-free	-
Precious metal CFD	Swap-free	-
Energy CFDs (futures)	Swap-free	Swap-free
Precious Metals CFDs (Futures)	Swap-free	Swap-free
Commodity CFDs	Swap-free	Swap-free

Unlimited swap-free trading allows you to keep the cost of holding swing trade positions overnight to zero

For example, if you were paying a negative swap of 2,000 yen per day in an account with another company, that amount would become 0 yen, and you could also secure a larger profit

Swing Trading Category, 2nd Place | MYFXMarkets

ranked overseas forex broker in the swing trading category is "MYFXMarkets" .

MYFXMarkets recommended for those who want to earn swap points through swing trading .

If you want to earn swap points, especially with high-interest currency pairs, choosing a broker with good rewards is crucial

comparison of swap points for overseas forex brokers conducted independently by the MoneyChat editorial team, MYFXMarkets has been confirmed to offer higher positive swaps than other companies for almost all currency pairs.

Swing Trading Category, 3rd Place | Exness

overseas forex broker in the swing trading category "Exness" .

Exness offers a unique system of always-free and preferential swap-free trading, allowing you to trade a wide range of stocks with

Brand	Always swap-free	Shareholder benefit swap-free
Precious Metals CFD (Gold)	Swap-free	Swap-free
Stock index CFDs	Swap-free	Swap-free
Stock CFDs	Swap-free	Swap-free
Cryptocurrency CFDs	Swap-free	Swap-free
Major currency pairs	-	Swap-free
Energy CFD (WTI Crude Oil)	-	Swap-free

Even with a permanently swap-free environment, other companies may charge high negative swap feesOne of Exness's strengths is that its stock CFDs and cryptocurrency CFDs are swap-freeThis is what it will be

Stocks and cryptocurrencies tend to have a long-term upward trend, making them good investments for steady profits through swing trading

Advanced Account Category | Recommended Overseas Forex Accounts Ranking

Rank	Maximum leverage	Minimum spread	Transaction fees	Maximum lot
Rank 1: Vantage Trading ECN Account	1,000 times	0 pips	$3 per lot, one way	200 lots
2nd Place: XMTrading KIWAMI Account	1,000 times	0.6 pips	free	50 lots
Third place: Exness Zero Account	Unlimited	0 pips	From $3.50 per lot (one way)	200 lots

The ranking of recommended overseas forex brokers for advanced traders is as shown above

By choosing an overseas forex account designed for advanced traders, you can trade in a trading environment with reduced transaction costs, including low spreads and low transaction fees

Furthermore, even when trading large lots at once, you can enter a position with a sufficient size in a single transaction, without having to place multiple orders

Ranked #1 in the Advanced Account Category | Vantage Trading ECN Account

Check the specifications of the Vantage Trading ECN account

item	Content
Maximum leverage	1,000 times
Minimum spread	0 pips
Transaction fees	$3 per lot, one way
Minimum lot size	0.01 lot (1,000 units of currency)
Maximum lot	200 lots (20 million units of currency)
Brands we handle	Currency pairs: 65 types Precious metal CFDs: 8 types Energy CFDs: 7 types Commodity CFDs: 7 types ETF/CFDs: 57 types Bond CFDs: 47 types Cryptocurrency CFDs: 50 types Stock index CFDs: 26 types Stock CFDs: 778 types
Trading Tools	MT4・MT5・ProTrader (TradingView)・Vantage App
Margin Call	Margin maintenance ratio 50%
Forced stop-loss	Margin maintenance ratio 10%

The number one recommended overseas forex broker for advanced traders is "Vantage Trading's ECN account".

Vantage Trading's advanced ECN account type utilizes the NDD ECN method, allowing trading at rates directly linked to financial institutions

Therefore, trading is possible with low spreads starting from a minimum of 0 pips. Furthermore, Vatage Trading also offers bonuses for ECN accounts

The only overseas forex account for advanced traders that offers favorable trading conditions and the ability to combine them with bonuses is Vantage Trading's ECN account

Ranked 2nd in the Advanced Account Category | XMTrading KIWAMI Account

Check the specifications of the XMTrading KIWAMI account

item	Content
Maximum leverage	1,000 times
Minimum spread	0.6 pips
Transaction fees	free
Minimum lot size	0.01 lot (1,000 units of currency)
Maximum lot	50 lots (5 million units of currency)
Brands we handle	Currency pairs: 55 types Precious metal CFDs: 4 types Stock index CFDs: 24 types Commodity CFDs: 8 types Energy CFDs: 8 types Stock CFDs: 1,300 types Cryptocurrency CFDs: 60 types
Trading Tools	MT4, MT5, XMTrading App
Margin Call	Margin maintenance ratio 50%
Forced stop-loss	Margin maintenance ratio 20%

overseas forex broker in the advanced trader category "XMTrading's KIWAMI account .

XMTrading's KIWAMI account is suitable for advanced traders who excel at day trading and swing trading

You can trade major currency pairs and precious metal CFDs, including gold, with leverage up to 1,000x

Furthermore, we provide the best trading environment for day trading to swing trading timeframes

Third place in the advanced account category | Exness Zero Account

Check the specifications of the Exness Zero account

item	Content
Maximum leverage	Unlimited
Minimum spread	0 pips
Transaction fees	From $3.50 per lot (one way)
Minimum lot size	0.01 lot (1,000 units of currency)
Maximum lot	200 lots (20 million units of currency)
Brands we handle	Currency pairs: 73 types Precious metal CFDs: 15 types Energy CFDs: 3 types Cryptocurrency CFDs: 11 types Stock index CFDs: 10 types Stock CFDs: 72 types
Trading Tools	MT4, MT5, Exness App
Margin Call	Margin maintenance ratio 30%
Forced stop-loss	Margin maintenance ratio 0%

The third-ranked overseas forex broker in the advanced trader category is "Exness Zero Account".

Exness's Zero Account is suitable for advanced traders who excel at scalping and day trading with small amounts of capital and high leverage

"Scalping with unlimited leverage to increase lot sizes while keeping stop-losses tight with a minimum spread of 0 pips" —this is the strategy you can employ with Exness's Zero Account.

Traders aiming to profit from small amounts of capital, as is common in overseas forex trading, should definitely choose Exness's Zero Account

Corporate Account Category | Recommended Overseas Forex Brokerage Ranking

• Corporate Account Category: #1 | AXIORY
• Corporate Account Category: 2nd Place | ThreeTrader
• Corporate Account Category: 3rd Place | Vantage Trading

The ranking of recommended overseas forex brokers for corporate accounts is as shown above

Some overseas forex brokers also accept applications for opening corporate accounts

Even Japanese corporations can open corporate accounts in some cases, and using a corporate account can lead to tax savings

Corporate Account Category: #1 | AXIORY

item	Content
Maximum leverage	1,000 times
Ordering method	NDD ECN method
Terms and Conditions for Corporate Accounts	No restrictions from personal accounts
Fund management system	Trust protection
Compensation system	Membership in the Financial Commission provides compensation of up to 20,000 euros.

AXIORY | Required Documents for Corporate Accounts

kinds	Requirements
Copy of the Certificate of Registered Matters (Certified Copy of the Register)	A document issued within the last six months by a public institution that lists your current address (registered address).
Shareholder register	If there are shareholders holding 20% ​​or more of the shares in addition to the registered directors, each shareholder must also submit identification documents and proof of current address, which must be issued by a public institution within the last six months and bear the date and the company seal.
Corporate address verification documents	Documents addressed to the corporation that include the current address, utility bills/invoices, bank statements, and seal registration certificates.
Board of Directors Resolution	Only submit if there are two or more directors

recommended overseas forex broker for corporate accounts "AXIORY" .

AXIORY's corporate accounts are chosen by professional traders for their high execution speed and security

We employ trust protection to manage customer funds, so you can rest assured that your important funds will be securely protected

Furthermore, because it employs the highly reliable NDD ECN system, the risk of order rejection is minimized even for corporate traders conducting large-volume transactions

Corporate Account Category: 2nd Place | ThreeTrader

item	Content
Maximum leverage	1,000 times
Ordering method	NDD ECN method
Terms and Conditions for Corporate Accounts	No restrictions from personal accounts
Fund management system	Separate management
Compensation system	Membership in the Financial Commission provides compensation of up to 20,000 euros.

ThreeTrader | Required Documents for Corporate Accounts

kinds	Content
Certificate of all registered matters (certified copy of the register)	Current address (registered address) is listed
Identification documents and proof of address for all board members	Identification documents: Passport, driver's license, My Number Card. Proof of address: Utility bill, bank statement (issued within the last 3 months).
Identification documents of shareholders or investors holding 20% ​​or more of the shares	Passport, driver's license, My Number card
Selfie image with identification of a shareholder or investor holding 20% ​​or more of the shares	A photograph of a shareholder or investor holding identification, representing 20% ​​or more of the shares
Selfie with identification card	A photograph of the representative holding their identification card
Corporate bank statements	Image of the cover page and first page of the corporate bank account statement or passbook
Shareholder register	Documents showing the company's owners and ownership percentages

ranked overseas forex broker in the corporate account category "ThreeTrader" .

ThreeTrader is an ideal overseas forex broker for managing corporate accounts, especially those focused on scalping and automated trading (EAs)

ThreeTrader's Raw Zero account, in particular, is popular for its low spreads and low trading fees

With a Raw Zero account, allowing for stable and favorable rates even with high-frequency automated trading

Corporate Account Category: 3rd Place | Vantage Trading

item	Content
Maximum leverage	1,000 times
Ordering method	NDD STP method/NDD ECN method
Terms and Conditions for Corporate Accounts	No restrictions from personal accounts
Fund management system	Separate management
Compensation system	Membership in the Financial Commission provides compensation of up to 20,000 euros.

Vantage Trading | Required Documents for Corporate Accounts

kinds	Requirements
Corporate registration certificate	A copy of the corporate registration certificate containing the registered address and representative's information
Representative's identification documents	A copy of the representative's passport, driver's license, or My Number card (for identification purposes)
Representative's address verification document	A copy of one of the following documents that confirms the representative's address: a utility bill, resident registration certificate, or bank statement, issued within the last three months.
Company address verification documents	A copy of a utility bill or other document that can verify the company's address
Board of Directors Resolution	Submit a copy only if required

ranked overseas forex broker in the corporate account category "Vantage Trading" .

Vantage Trading recommended for those looking for a corporate account with well-balanced trading conditions and generous bonuses .

ECN accounts are popular among many advanced traders, and their stable execution and low spreads make them ideal for scalping and day trading

Furthermore, using a premium account offers a 20% discount on swap points, making swing trading more advantageous

We've compiled a detailed list of overseas forex brokers that offer corporate accounts, allowing you to significantly reduce the excessively high taxes on overseas forex trading, in our " Comparison of Corporate Accounts for Overseas Forex Brokers

Cryptocurrency CFD & Forex Section | Recommended Overseas Forex Ranking

• Ranked #1 in the Cryptocurrency CFD/FX category | FXGT
• Cryptocurrency CFD/FX Category: 2nd Place | BingX
• Cryptocurrency CFD/FX Category: 3rd Place | Bitget

The ranking of recommended overseas forex brokers in the cryptocurrency CFD/FX category is as shown above

For cryptocurrency CFDs and cryptocurrency FX, you can gain an advantage in trading by using overseas FX brokers for major instruments and cryptocurrency exchanges for minor altcoins

Ranked #1 in the Cryptocurrency CFD/FX category | FXGT

recommended overseas forex broker in the cryptocurrency CFD/FX category "FXGT" .

FXGT is a hybrid overseas forex broker that was the first in the industry to incorporate both cryptocurrency CFDs and forex trading

You can trade major cryptocurrency CFDs such as Bitcoin and Ethereum with leverage up to 1,000x

The platform is compatible with MT4 and MT5, and also supports automated trading (EA) of cryptocurrencies

you can start leveraged cryptocurrency trading without any of your own funds

FXGT, which boasts the best cryptocurrency CFD trading environment among overseas forex brokers, is introduced in FXGT Reviews and User Feedback Summary

Cryptocurrency CFD/FX Category: 2nd Place | BingX

ranked overseas forex broker in the cryptocurrency CFD/FX category "BingX" .

BingX is gaining popularity primarily due to its copy trading function

Even beginners can easily copy the trades of successful traders and aim for profits without any trading knowledge

We offer a maximum leverage of 150x and handle 500 types of cryptocurrencies

Furthermore, our in-house developed smartphone app is intuitive and easy to use, making fund management and profit/loss tracking smooth and efficient

Furthermore, BingX is licensed as a cryptocurrency exchange in four countries, and its security is highly regarded

For more details on BingX, which handles all 500 types of cryptocurrency pairs, please see BingX Reviews and User Feedback Summary

Cryptocurrency CFD/FX Category: 3rd Place | Bitget

ranked overseas forex broker in the cryptocurrency CFD/FX category "Bitget" .

Bidget is a cryptocurrency exchange based in Singapore, known for having Lionel Messi as its official ambassador

specializes primarily in cryptocurrency futures trading, boasting an average daily trading volume of approximately 1 trillion yen, making it the third largest futures trading volume in the world.

We offer over 1,000 cryptocurrency pairs, and you can trade cryptocurrency futures with leverage up to 125x

For more details about Bitget, the cryptocurrency exchange that recorded the world's third-largest futures trading volume, please see Bitget Reviews and User Feedback Summary

Points to note when using overseas forex trading

Here, we will explain seven important points to keep in mind when using overseas forex brokers

Before actually starting to trade with an overseas forex broker, be sure to check these points carefully

There are unscrupulous companies that unfairly refuse withdrawals and freeze accounts

Unfortunately, some overseas forex brokers..Unscrupulous businesses that cancel profits without legitimate reason or abscond with customer fundsIt exists

Even if a trade goes well and you make a large profit, it's meaningless if you can't actually withdraw it

When choosing an overseas forex broker, prioritize reliability and start by selecting a broker like XMTrading or Exness, where you can trade with peace of mind

Information on how to identify unscrupulous brokers and how to avoid withdrawal refusal due to penalties for violating terms and conditions is summarized in A Thorough Explanation of the Causes and Solutions for Withdrawal Refusal in Overseas Forex Trading

Make sure to check reviews and reputation carefully

Avoid using companies with poor reviews or reputations, or those that don't even have any reviews available

Here are some ways to find reviews and ratings of overseas forex brokers:

How to find out	remarks
Search on social media	Search for the company name on X (formerly Twitter), etc. You can easily find many reviews by searching using abbreviations or katakana.
Search on Google or Yahoo and use BrokerChooser	Refer to articles summarizing the reputations of overseas forex brokers. MoneyChat Media's " Useful Information " also recommends actually visiting overseas forex broker offices and conducting customer review surveys.
Check overseas review sites	ForexPeaceArmy (FPA) and Trustpilot are well-known examples

You can use these methods to find reviews and reputations of overseas forex brokers

However, it's important to check their overall reputation and whether they attach supporting images

Direct solicitation and investment advice in overseas forex trading are illegal

For overseas forex brokers, direct solicitation and investment advice to residents of Japan is illegal

To give specific examples, the following actions are illegal in Japan

• This refers to the act of overseas forex brokers directly soliciting Japanese residents with offers such as, "Would you like to open an account with our company?"
• If you are asked to raise investment funds and instructed to open an account with a specific overseas forex broker
• This includes cases where individuals solicit others to open accounts with specific overseas forex brokers through online communities or similar platforms, and then provide specific advice regarding trading

Even if these are overseas forex brokers, they are required to register with the Japanese Financial Services Agency

Furthermore, even if you are not an overseas forex broker yourself, soliciting overseas forex brokers to Japanese residents or providing trading advice within a specific community requires separate registration as an "investment advisory business .

Profits must be declared and paid in a tax return

Even if profits earned from overseas forex trading are generated between overseas brokers, they must be declared and paid according to Japanese tax law

Profits from overseas forex trading are classified as miscellaneous income, just like salary income, and the amount of income tax you pay will vary depending on the total amount of miscellaneous income

their tax returns using cloud accounting software such as Money Forward .

Questions about taxes on overseas forex trading are answered in our Complete Guide to Taxes on Overseas Forex Trading

Some overseas forex brokers are not available to residents of Japan

Some overseas forex brokers prohibit accepting Japanese residents due to regulations imposed by the Japanese Financial Services Agency

Even if you can access the official website, you may not actually be able to open an account, or your account may be closed midway through the process. Therefore, be sure to check the current status before using the service

For example, FX brokers under the jurisdiction of the following financial licenses do not allow Japanese residents to open accounts

Leverage requires thorough risk management

Regardless of whether you're trading overseas forex or not, risk management is crucial when using leverage, which allows you to trade with more capital than you actually have

Specifically, we strongly recommend implementing the following risk management measures

• Decide in advance the price at which you will cut your losses
• Adjust the lot size to a range where the loss at the time of stop-loss is acceptable
• Avoid excessive trading based on unfounded decisions

By keeping these three points in mind, you can trade wisely while still enjoying the benefits of leverage

In principle, the higher the maximum leverage, the less capital is needed for trading, so there are no disadvantages

However, without proper risk management, losses can easily become substantial, so caution is necessary

Check the bonus withdrawal and usage conditions

When using bonuses from overseas forex brokers, be sure to check the withdrawal conditions from the account that received the bonus, as well as the rules for receiving the bonus

For example, the withdrawal and usage conditions for bonuses offered by overseas forex brokers can follow the following patterns

because there is a risk that you will not be able to withdraw your profits if you do not meet the bonus withdrawal requirements, or that your account will be frozen if you violate the rules .

• Creating multiple accounts is prohibited
• Withdrawals from an account opened with a bonus require trading a predetermined number of lots
• Accounts with deposit bonuses will have their maximum leverage reduced

Since bonus rules vary from company to company, be sure to check the details of each bonus campaign

Earn money with cashback

When opening an account with an overseas forex broker, be sure to try using Money Charger (MoneyCha)

By simply registering with Moneycha, you can receive cashback for every transaction

There are no monthly fees or registration fees whatsoever

Regardless of whether you win or lose a trade, the cashback based on trading volume is a guaranteed source of income

List of overseas forex brokers that support MoneyChat

Overseas Forex Brokers	Cashback per lot (Standard account, USD/JPY)
Vantage Trading	8.05 USD ▶ Vantage Trading Cashback Details
StarTrader	5.6 USD ▶ StarTrader Cashback Details
FxPro	40% of the spread ▶ FxPro cashback details
ThreeTrader	0.8 USD ▶ ThreeTrader Cashback Details
Exdefine	40% of the spread ▶ Exness cashback details
TitanFX	400 JPY ▶ TitanFX Cashback Details
AXIORY	4 USD ▶ AXIORY Cashback Details
Axi	40% of the spread ▶ Axi cashback details
HFM	8 USD ▶ HFM Cashback Details
Bing X	29.09% of the spread ▶ BingX cashback details
FXGT	9.5 USD ▶ FXGT Cashback Details
IS6FX	6.6 USD ▶ Details of IS6FX cashback
MONAXA	5 USD ▶ MONAXA Cashback Details
JadeFOREX	0.5 USD ▶ Details of JadeFOREX cashback

If you'd like to learn more about cashback offers for overseas forex trading, please see The Complete Guide to Cashback Offers for Overseas Forex Trading

Frequently Asked Questions and Answers about Overseas Forex Trading

What are the differences between overseas and domestic forex trading?

The biggest differences are "leverage" and "taxation."

Overseas forex trading allows for high leverage of several hundred to several thousand times, and there are no margin calls thanks to the zero-cut system

On the other hand, domestic FX trading is limited to a maximum leverage of 25 times

In terms of taxation, domestic trading is subject to separate taxation (20.315%), but overseas forex trading is subject to comprehensive taxation and is subject to progressive taxation

What is zero cut?

Zero-cut is a system where, even if your account balance goes negative due to a sudden market change, the broker will compensate you for the loss

This means that with overseas forex trading, you cannot incur losses exceeding your deposit, eliminating the risk of accumulating debt

Can I use overseas forex trading even if I live in Japan?

Yes, many overseas forex brokers offer services to residents of Japan

However, some brokers may not be available due to local regulations, so it is necessary to check before opening an account

Are overseas forex brokers trustworthy?

The reliability of different companies varies greatly

When making your choice, be sure to check factors such as whether they hold a financial license, whether they manage customer funds separately, their operating history, and their actual reputation

Highly reliable licenses include those from the FCA (Financial Conduct Authority, UK) and CySEC (Cyprus Securities and Exchange Commission)

Do I need to file a tax return for overseas forex trading?

Yes, profits earned from overseas forex trading are taxed as "miscellaneous income" in Japan

If your annual income exceeds 200,000 yen, you will need to file a tax return, and you will be subject to resident tax and income tax

Can you really receive the large bonuses offered by overseas forex brokers?

Many overseas forex brokers offer deposit bonuses and account opening bonuses, but it's important to be aware that they often have withdrawal and trading conditions

Be sure to carefully review the terms of service beforehand

Is it possible to have withdrawals refused by overseas forex brokers?

Generally, if you use a trustworthy broker, they will not refuse your withdrawal

However, fraudulent transactions or violations of the terms and conditions carry the risk of withdrawal refusal (revocation of profits) or account suspension

Before you actually start using it, be sure to carefully review the terms of service

Are the spreads wide for overseas forex brokers?

While it varies depending on the broker and account type, overseas forex brokers often use a variable spread system, which tends to be wider than domestic brokers

However, it is also possible to choose an ECN account, which offers narrower spreads

Isn't high leverage dangerous?

While high leverage carries high risk, it also offers the potential for large returns with a small amount of capital

By thoroughly implementing appropriate risk management (appropriate lot size and stop-loss), it is possible to use it safely

Can I use automated trading (EA) in overseas forex trading?

Yes, many overseas forex brokers support MT4 and MT5, and you can freely use automated trading (EAs)

Some vendors even offer free Expert Advisors (EAs)

Is it true that you can receive cashback for every trade when trading with overseas forex brokers?

Yes, that's true

Opening an account through a cashback site like MoneyCharger will give you a portion of the spread back as cash for each trade

This makes it possible to reduce transaction costs

Is there a fee to receive cashback when trading forex overseas?

No, using Money Charger is completely free

Opening an account, linking accounts, and receiving cashback are all completely free of charge

Overseas Forex Account Opening Bonus & Deposit Bonus Comparison Ranking! [Latest January 2026] Broker List