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Overseas FX safety

The advantages of overseas forex trading are incredibly attractive! We'll also thoroughly explain the disadvantages and points to watch out for

Posted by: MoneyChat Editorial Department

What are the advantages of overseas forex trading ? Compared to domestic forex trading, overseas forex is often said to be riskier. there must be good reasons why traders still choose overseas forex trading

"Why use overseas forex when domestic forex is available?"
"Are overseas forex more advantageous?"
"Isn't overseas forex risky?"

offers many advantages over domestic forex trading,

explain all the advantages of overseas forex accounts, including the disadvantages and points to note . You will understand everything about overseas forex trading from this article. Please read to the end.

For beginners, we recommend starting by reading the complete guide to overseas forex trading

Contents

The advantages of overseas forex trading are so numerous!? A complete explanation of all the benefits

The biggest advantages of overseas forex trading are high leverage and zero-cut protection. There are many other advantages as well.
Let's start by thoroughly understanding these advantages.

Advantages of overseas forex trading: 1. The chance to earn money through high-leverage trading

Overseas ForexOne of the major advantages is high leverageIt is also called high-leverage trading or high-leverage trading

Incredibly, the maximum leverage for overseas forex trading from 1,000 to 5,000 times . There are even some incredibly high-level "unlimited leverage" options available.

As many of you already know, leverage is a trading method that utilizes the principle of a lever. Its appeal lies in the ability to trade large lots with a small amount of capital. It presents an opportunity for anyone to make money

Compare domestic and overseas accounts based on leverage!

Due to leverage regulations in domestic FX trading, the maximum leverage available to individuals 25 times . Therefore, a margin of 40,000 yen is required to trade $10,000 .

For example, let's say you trade $10,000 when the exchange rate is 1 dollar = 100 yen. Normally, you would need 1 million yen to trade $10,000. However, with leverage of 100 times, you can trade $10,000 with just 10,000 yen

Overseas forex trading allows you to manage large amounts of capital with less margin than domestic forex trading

High leverage trading and small-amount trading are attractive features

"If I had more money, I could buy this currency pair..."

"If I had just 10,000 yen more, I could have taken a position..."

As such, some people may have become quite discouraged by their own financial situation

With high leverage in overseas forex trading, make large trades with a small amount of your own capital as margin . This boosts motivation. Even with a single trade, profitability in a short period of time increases significantly .

The image of making money with high leverage

Overseas forex trading is an indispensable forex trading method for those who want to earn money more efficiently

Those who want to aim for large profits starting with a small amount should also check out the tips and precautions for high-leverage trading

Advantages of overseas forex trading 2. No debt due to zero-cut policy

The second advantage of overseas forex trading is,Many companies use a zero-cut systemThat's the point

A zero-cut system a system that resets your account balance to zero even if a stop-loss order fails to execute in time and losses exceed your margin deposit .

More precisely, the overseas forex broker has a system in place where they will replenish and offset any negative balance

Comparing domestic and overseas accounts with zero-cut features

On the other hand, no domestic FX brokers offer a zero-cut system . In Japan, "zero-cut" is considered a form of loss compensation fraud. Such practices are prohibited by FX regulations.

This means that in domestic FX trading, a negative account balance of 10 million yen equivalent to a debt of 10 million yen . With overseas FX trading, however, the zero-cut system reduces the balance to 0 yen, so no debt is incurred.

With zero cut / Without zero cut

During past major market crashes such as the "Lehman Shock" and the "Turkish Shock," the company recorded disastrously negative balancesThe trader had a lot of debtI was burdened with this

As shown in the figure below, it is clear that many traders have incurred uncollected amounts due to stop-loss orders, etc. (margin calls, negative

Monthly statistics on outstanding amounts such as stop-loss orders

you can that you won't incur losses exceeding your account balance, even during periods of rapid currency fluctuations

Why is there a zero-cut policy for overseas forex trading?

Overseas forex brokers offer zero-cut guarantees because they want traders to actively trade with high leverage. If there were no zero-cut guarantee with high leverage, the amount of losses during sharp declines or surges would be enormous

Zero-cut a role in protecting against the risks of high-leverage trading . High leverage and zero-cut are an exceptionally good combination.

Advantages of overseas forex trading 3. Lower stop-loss settings

Next, the third advantage of overseas forex trading is,The stop-loss level is set relatively lowThat's what it is

The average stop-loss level for overseas forex trading is around 0% to 20%

Normally, if the margin required for trading falls short, you will need to deposit additional margin. If you are unable to deposit the required amount, a stop-loss will be executed to limit the user's losses

By the way, a stop-loss order is the forced closing of an open trading position. To avoid a forced stop-loss order,In domestic FX, there are margin call rulesIt is provided

What is a margin call?

A margin call refers to the system of requiring additional margin deposits stipulated in domestic FX trading. If your margin is insufficient, you must deposit funds by a specified deadline. Similarly, if your account balance becomes negative, you will also be obligated to make a margin call

Advantages of overseas forex trading: 4. A wide variety of currency pairs and CFDs are available

Next, the fourth advantage of overseas forex trading is,Compared to domestic dealers, they offer a wider range of productsThat's the point

The wider variety of currency pairs and CFD products available for trading increases trading opportunities and makes it easier to aim for profits

Comparing currency pairs and CFDs in domestic and overseas forex markets

With the exception of a few brokers, domestic accounts typically offer around 25 to 35 . A notable characteristic is the prevalence of major currencies such as the US dollar, euro, British pound, and Japanese yen.

Regarding stock indices, precious metals, energy, and cryptocurrencies, the limited number of types available means that the number of tradable assets is also restricted

around 50 currency pairs , cases, there are over 100 , allowing you to choose from a variety of combinations including Chinese yuan, Singapore dollar, and Polish zloty.

For example, the wide variety of assets available, such as gold, silver, platinum, crude oil, natural gas, stock indices, and cryptocurrencies, is a major attraction

Overseas forex trading offers a broader range of investment opportunities and makes it easier to develop strategies that align with market trends

Advantages of overseas forex trading: 5. High transparency due to the NDD (No Dealing Desk) system

Furthermore, the advantages of overseas forex trading that you should keep in mind areMany companies use the NDD (Non-Dealing Desk) methodThis is the general consensus. (There may be some exceptions.)

What is the NDD method?

NDD stands for Non Dealing Desk, and it is a system where customer orders are routed to the interbank market (financial institutions)

NDD (No Dealing Desk) FX brokers do not have any involvement in trading . Their revenue comes from spreads, swaps, and fees for paid accounts. NDD methods used by overseas FX brokers are highly regarded for their transparency and reliability.

Comparing domestic and overseas FX trading methods

As you often see on official websites and elsewhere, domestic FX trading uses a method called "over-the-counter trading."

What is over-the-counter trading?

Over-the-counter (OTC) trading is a method of trading where brokers generate revenue through "cover transactions" or "internal transactions."

Some orders are cover transactions, where the same transactions are conducted with partner financial institutions. A "buyback" transaction means the company holds the order internally, creating a system where it profits when the customer incurs losses

Some people speak extremely negatively of over-the-counter (OTC) trading, but honestly, because there is no exchange for FX, OTC trading, including OTC trading, is the norm

Even in overseas forex trading, some transactions are likely to involve "internal trading," and "internal trading" itself is not necessarily a malicious practice.

6. Advantages of overseas forex trading: High execution speed

Strong execution capabilities are another advantage of overseas forex tradingThat can be said. Execution power refers to the accuracy of the system for completing transactions

Strong execution capabilities mean orders are executed instantly, while weak execution capabilities result in slippage and requotes

Overseas forex brokers are generally known for having stronger execution capabilities

Comparing domestic and overseas FX based on execution speed

As a general trend, since domestic FX trading is over-the-counter (OTC), the broker's profits depend on the customer's losses . Therefore, some argue that domestic brokers don't prioritize execution speed.

Furthermore, the prevailing view is that the high execution speed of overseas forex brokers is many of them use the NDD (No Dealing Desk) system, where orders are executed on the interbank market , and they want to increase the number of trades. In fact, many brokers invest heavily in their servers and systems.

Advantages of overseas forex trading: 7. Abundant bonuses and campaigns

Other advantages of overseas forex trading includeBonuses you can receive when opening an account or making a depositIt's been well-received

For example, with overseas forex brokers, you can receive bonuses of 30,000 yen or 10,000 yen just by opening an account, even without making a deposit or trading . Overseas forex brokers also offer bonuses based on trading volume and loyalty points, which can be used to your advantage in trading.

Comparing domestic and overseas forex brokers based on bonuses and campaigns

On the other hand, domestic FX bonuses tend to be limited in variety and strict conditions for receiving them . It is rare to receive cashback or margin simply for opening an account.

Therefore, overseas forex brokers offer a more favorable environment for trading with lower out-of-pocket expenses. However, be aware that there are restrictions, such as bonuses only being usable as margin.

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

Advantages of overseas forex trading: 8. Trading with MT4/MT5

And in overseas forex trading,You can use "MT4" and "MT5," which are considered to be the world's most advanced high-performance trading toolsThat is also a major advantage

MT4 and MT5 offer a wealth of technical tools for market analysis, giving traders an advantage. These tools are provided free of charge, making them highly popular in overseas forex trading

Comparing domestic and overseas FX trading tools

In the domestic FX market, brokers to offer their own proprietary trading tools . While some of these tools are high-performance, they are characterized by low compatibility and expandability with other software.

MT4 and MT5 come standard with over 60 technical tools, and install as many indicators and tools as you like from other sources . Their superior functionality, customization options, and expandability will boost your motivation to trade just by opening the platform.

Since many brokers use the same trading tools, one advantage is that the method of use doesn't change even if you switch brokers

Advantage 9 of overseas forex trading: The sheer number of automated trading systems (EAs) available is incredible!

Furthermore, what's surprising about overseas forex trading is the sheer number of automated trading systems availableOver 12,000 automated trading EAs from around the world are available on the MT4/MT5 marketplaceIt can be used

Menu of automated trading EAs (partial list)

What is EA?

EA stands for Expert Advisor. It is an automated trading system developed by traders around the world using the programming functions of MT4 and MT5

In domestic FX trading, the FX brokers themselves offer automated trading services. In overseas FX trading, the key difference is that these services are integrated into the platform (MT4/MT5)

Many EAs (Expert Advisors) are available for free, you to freely utilize automated trading regardless of the broker you use .

10 Advantages of Overseas Forex Trading: It's also a good way to practice English

One more thing. The advantages of overseas forex trading are,It's also good for studying EnglishThat's the point

Most overseas forex brokers offer Japanese-language websites and customer support. However, there may be some parts that are unavoidably in English

As you use it, you'll naturally start to understand simple English , so it's also useful for a little English study. Some traders even choose to use the English version.

Let's also make sure we understand the disadvantages of overseas forex trading

Compared to domestic FX, overseas FX offers an environment where traders are more motivated and more likely to make profits

It's important to understand not only the advantages but also the disadvantages

The following five points are disadvantages of overseas forex trading

  1. Risks that cannot be addressed under Japanese law
  2. High leverage makes it easy to engage in reckless trading
  3. Taxes tend to be high
  4. Spread and swap costs are incurred
  5. The deposit and withdrawal methods are unclear or complicated

Now, let's look at them one by one

Disadvantage of overseas forex trading: 1. It is outside the jurisdiction of the Financial Services Agency

As the name suggests, overseas FX brokers are companies based overseasOutside the jurisdiction of Japan's Financial Services AgencyIt is located there. Even if there is any trouble with overseas forex trading,This cannot be dealt with under Japanese law

This is because a country's laws are only valid within that country. Unless it's a major international case, a crime committed in a foreign country cannot be prosecuted under Japanese law.

Specific examples of problems with overseas forex trading include withdrawal refusals, account freezing, and the bankruptcy of the broker

GEMFOREX (GEMFOREX fraud case)

To give a very recent example,Popular overseas forex broker "GEMFOREX" has filed for bankruptcyAnd so,The case where the funds were not returnedThere was

The following is an excerpt from a post by FX influencer ramenking, who was using GEMFOREX at the time

GEMFOREX claims the cause was "absconding with funds" by the payment processor, but the truth remains unclear. Ultimately, there's nothing the police or the Financial Services Agency can do. The only option is to consult a lawyer specializing in overseas matters or a legal institution with an overseas base .

Choosing a highly reliable broker and managing large sums of money is generally safer with domestic FX. Ultimately, it comes down to "personal responsibility," and it's important to consider the possibility of unforeseen circumstances before considering using overseas FX.

please see our related article, "Why is overseas forex trading often not recommended?"

Disadvantage 2 of overseas forex trading: High leverage makes it easy to engage in reckless trading

High leverage, while appealing, is a double-edged sword. It is useful, but at the same time,This could result in a very dangerous blow

With 1000x leverage, you can increase the lot size and aim for large profits in a short time. However, on the other hand, losses can escalate very quickly, and you'll be stopped out before you know it .

Image of losses with high leverage

Some traders become obsessed with the idea that they can quickly recover their losses with high-leverage trading. In an attempt to recoup their losses within the same day, they may repeatedly deposit funds and engage in reckless trading

Overseas forex trading requires even more careful money management than domestic forex trading

Disadvantage #3 of overseas forex trading: Higher tax rates

Another disadvantage of overseas forex trading is,The more you earn, the higher your income tax will beIt's a point

Profits earned from overseas forex trading are subject to comprehensive taxation, and progressive taxation is applied to the calculation of income tax. Progressive taxation is a system in which the tax rate increases as taxable income increases, resulting in higher income tax.

The tax rate depends on taxable income7 levels from 5% to 45%When combined with local taxes..Up to 55%More than half of it goes to taxes

Income tax rate table (progressive taxation)

On the other hand, income tax on domestic FX trading is calculated using a separate taxation system a flat rate of 20.315% .

This can be an advantage if your total income is low

However, your taxable income is less than 4.75 million yen, overseas forex trading will result in lower taxes than domestic forex trading. In other words, depending on how much you earn, progressive taxation can sometimes be advantageous.

Even with overseas forex trading, you can reduce your taxes by claiming expenses. Be sure to thoroughly review your expenses,

For information regarding taxes on overseas forex trading, please read the complete guide to overseas forex taxation

Disadvantage 4 of overseas forex trading: Spread and swap costs are incurred

The third disadvantage of overseas forex trading is that it is more expensive than domestic forex tradingTrading costs increase due to spreads and swap pointsIt's a point

What is the cost of the spread?

The spread is the difference between the selling price and the buying price

A disadvantage of wide spreads is that it takes longer to turn a profit. Even a very small difference in spread can result in a significant difference in cost

<If you trade 10,000 units of currency>

Purchase priceSelling pricespreadcost
130.00 yen129.90 yen 0.10 yen1,000 yen
130.00 yen129.85 yen 0.15 yen1,500 yen
130.00 yen 129.80 yen 0.20 yen2,000 yen

The reasons why spreads are wider in overseas forex trading are said to be twofold: one is geographical factors, and the other is the NDD (No Dealing Desk) system

In the NDD (No Dealing Desk) system, the spread becomes the overseas FX broker's profit, so a commission is added to the usual spread . This is not a major concern for medium- to long-term trading, but it can be fatal for day trading and scalping.

Overseas forex brokers offer ECN accounts with the narrowest spreads

The spreads in overseas forex trading can actually be improved. Overseas forex brokers offer accounts with extremely narrow spreads that rival . These accounts "ECN accounts," and by paying a commission, they are offered extremely narrow spreads.

The going rate for the fee is around 0.3 to 0.5 yen for a one-way trip

Compared to spread costs, paying fees through an ECN account is cheaper, so it's mainly used by short-term traders. The availability of an ECN account is definitely an advantage.

For brokers with narrow spreads, please check our recommended overseas forex broker ranking based on spread comparison

What is the cost of swap points?

Another one is overseas forexThe transaction cost is the swap pointSwap points are like interest that you receive as a bonus or have deducted as a negative, depending on the interest rate difference between the currencies

Swap points for overseas forex trading are generally negative

In domestic FX trading, swaps are often positive, but in overseas FX trading, they are primarily seen as a fee. Regardless of interest rate differences, they are deducted as a negative amount if the trade is carried over to the next day

must be taken, a careless mistake could lead to increased losses

For brokers with favorable swap conditions, please check our recommended overseas FX broker ranking based on swap rates

Disadvantage 5 of overseas forex trading: Deposit and withdrawal methods are unclear

And the fifth disadvantage of overseas forex trading isThe deposit and withdrawal methods are confusingIt's a point

There are three common types of deposits and withdrawals used in overseas forex trading

  • credit card
  • Payment services
  • Domestic money transfer

While some companies offer international money transfer services, we don't recommend them because they charge fees ranging from 3,500 to 5,000 yen

Features of deposits and withdrawals in overseas forex trading

Credit card payments are processed as "shopping charges." Credit card withdrawals mean "shopping charges" have been canceled and refunded

Domestic transfers allow you to deposit and withdraw funds to and from Japanese bank accounts partnered with overseas forex brokers

Anti-money laundering measures

One of the first things that often confuses people when it comes to deposits and withdrawals with overseas forex brokers "you must withdraw the same amount you deposited using the same method." This rule is strictly enforced as an anti-money laundering measure.

Many companies allow you to freely choose your profit margin. You might feel uneasy at first, but there's plenty of information available online, so you can rest assured

Let's compare the differences between overseas and domestic forex trading

As we've seen, overseas forex and domestic forex each have their own unique characteristics. Carefully compare the differences between the two before deciding which one to use.

list of overseas and domestic forex trading

itemOverseas FXDomestic FX
ReliabilityObtaining an overseas financial license means
it is outside the jurisdiction of the Financial Services Agency.

The reliability of the approval and registration process by Japan's Financial Services Agency
Customer asset management methodsMany items are sorted and managed separatelyFully protected by trust
LeverageUp to 5,000x to unlimitedUp to 25x
Minimum trading unit1,000 units of currency1 currency ~ 10,000 currencies
Minimum deposit amountMany have no regulationsMany have no regulations
Zero Cut×
Margin call×
Stop-loss levelAverage around 0-20%Average around 50-100%
Trading currencyApproximately 50 to 100 varietiesApproximately 25 to 35 types
Transaction methodsNDD methodDD method
spreadWidenarrow
bonus◎ Margin Bonus× Almost none
campaignNew account opening, deposit, and trading volume – low barrier to entry Opening a new account, depositing funds, and meeting trading volume requirements – these are high hurdles
Trading ToolsMT4In-house developed tools
Automated tradingA wide variety of options are available for MT4 and MT5, both free and paidFX brokers offer paid services and limited options
ScalpingMany businesses are OKMany businesses are prohibited from doing so
taxComprehensive taxation (progressive taxation)
tax rates: 5-55%
for separate taxation:
20.315%
Deposit and withdrawal methods• Credit card • Payment services
• Domestic bank transfer
• Online banking, ATM, bank transfer
Deposit and withdrawal feesMany are free (credit card companies and payment services charge fees)Many are free (depending on the bank account)
Deposit and withdrawal speedSame day to approximately 5 business daysImmediately to the next business day
supportChat, email, phoneChat, email, phone
Japanese language supportMany Japanese support options, some EnglishCompletely 100% Japanese

If you're trading with a small amount of capital, overseas forex trading is overwhelmingly recommended

For those who want to aim for large profits with small trades, overseas forex trading is recommended

With overseas forex trading, you can use high leverage large lot sizes even with limited capital . Furthermore, by utilizing margin bonuses and deposit bonuses, you have more time before a stop-loss is triggered, making trading more advantageous.

Those worried about a market crash can rest assured with zero-cut protection

Furthermore, those who are worried about the possibility of a negative balance should consider overseas forex trading. The zero-cut system prevents the account balance from going negative .

For example, if your account balance in domestic FX becomes 10 million yen negative, that's a debt of 10 million yen (margin call). In reality,Traders who have incurred massive margin calls due to past crashes and surgesThere are quite a few such cases

A wide range of technical indicators and EAs are key

Another point to consider is the superior features of MT4 and MT5 . Those who want to use MT4/MT5's technical tools and drawing functions, or those who want to try automated trading EAs, will likely find overseas forex trading more satisfying.

Incidentally, customer support is almost always available in Japanese, even for overseas forex brokers. You can contact them via charts or email, just like with domestic forex brokers, so you can rest assured

Who should NOT trade in overseas

Depending on the situation,People for whom overseas forex trading is not recommendedThere are some

Below is a summary of the types of people for whom this is not recommended

  • Those seeking complete protection of their funds → They want to prioritize trust protection
  • Beginners who have just started trading FX → Risk of confusion with overseas FX brokers
  • For those who want to reduce trading costs due to spreads → Using an ECN account is also an option
  • People with high income from their main job → Higher taxes
  • People who can earn several million yen or more through FX trading → Higher taxes

When deciding whether to use an overseas or domestic FX account, the most reliable method is to consider security. If you are worried about not having complete trust protection, it's probably best to avoid overseas FX .

Also, beginners in FX should learn the basics with domestic FX first . Starting with overseas FX right away can be overwhelming because there's too much to learn. It's best to get used to it before trying overseas FX.

For those with high incomes or those managing large sums of money, domestic FX trading is generally a safer option

Three points to keep in mind when opening an overseas forex account

Now, there are three things I'd like you to keep in mind when opening an overseas forex account

Points to note when opening an overseas forex account

Companies without a financial license are dangerous!

Companies that do not offer trust protection or segregated accounts pose a high risk

Avoid FX accounts with bad reviews and reputations!

Let's take a closer look at what specific precautions you should take

Unlicensed financial institutions are dangerous! They may refuse withdrawals

As I've mentioned several times, overseas forex brokers are not registered with Japan's Financial Services Agency .

However, even if they are not registered domestically, most major overseas forex brokers have obtained a financial license in the country where they are based

The conditions vary depending on the issuing authority,

"Setting a fixed upper limit on leverage," "Introducing a zero-cut system," "Adopting segregated accounts for managing customer funds," and "Appointing executives with investment experience."

"Mandatory liability insurance coverage"

These are some of the conditions that have been set

Companies that do not have a financial licenseIt can be assumed that they do not meet these requirements and are therefore unreliable. Unlicensed overseas forex brokersRisk of withdrawal refusal or bankruptcyThe likelihood increases

When using an overseas forex broker, be sure to check their financial licensing status beforehand

❷ Companies that do not offer trust protection or segregated accounts pose a high risk

Using overseas forex brokers that do not implement trust protection or segregated accounts is a bad ideaThe risk that funds will not be returned in the event of bankruptcyThere is

<Trust Protection>

Trust protection means separating customer assets from the FX broker's assets and entrusting them to a trust bank for management. This ensures that are returned even if the FX broker goes bankrupt

<Separate management>

Segregated accounts refer to the separate management of investors' assets from the assets of FX brokers. The difference between segregated accounts and trust protection is with segregated accounts, the return of funds to customers is not guaranteed .

Both management methods are mechanisms designed to protect investors' assets,The lack of trust protection leaves me feeling uneasy

In Japan, FX brokers are legally required to provide trust protection. Investors' assets are protected, so you can rest assured. If the overseas FX broker you use only offers segregated accounts, take risk mitigation measures such as frequently withdrawing your funds

❸ Check for information on account freezes and withdrawal refusals

And if there is an overseas forex broker that you are interested in,Check the reviews and reputation of that companyThis is also important. Checking for any history of account freezes or withdrawal refusals, or any rumors of such incidents, can provide valuable information for making a decision

Check out customer reviews in the ranking of popular and highly-rated overseas forex brokers

Here are our top recommended overseas forex accounts with significant advantages!

So, if you're looking to open an account right away, which overseas FX account is the best choice? We've carefully selected three FX brokers that offer plenty of the benefits of overseas FX trading

  • FXGT
  • Exdefine
  • XM Trading

We will explain the features and advantages of each in an easy-to-understand way

FXGT | Get a super generous 15,000 yen bonus without making a deposit!

FXGT Official Website

FXGT isBonus available with no deposit requiredThat's its appeal. It's my top recommendation for your first overseas forex trading experience

FXGT's Recommended Features

When you open a new account,A bonus of 15,000 yen is available to use as marginIt will be granted

The maximum leverage is 1000x for a standard account. A mini account for smaller trades is also available.

The Optimus account, which incurs fees, is a high-leverage account specifically for day trading. It's an incredible account that allows for leverage of up to 5000 times if certain conditions are met

Maximum leverage1,000x to 5000x
Account opening bonusAround 15,000 yen (depending on the time of year)
Deposit Bonus20% to 100% of the deposit amount, up to a maximum of 1.27 million yen
Deposit and withdrawal Credit cards, cryptocurrencies, bitwallet, Apple Pay, Google Pay, etc
Financial LicenseRepublic of Seychelles (FSA)
spreadUSD/JPY 1.5 pips, EUR/USD 1.4 pips
ScalpingOK
Stop-loss /Zero-cut20% to 40% / Yes
Products we handleForex, cryptocurrencies, stock indices, energy, etc
Account typesSix types: Mini account, Standard account, Optimus course, etc
Minimum trading unit1,000 units of currency

FXGT offers a total of 5 types of bonuses!

In addition to the "New Account Opening Bonus," offer five other types of bonuses, including the "First Deposit Bonus" and the "Regular Deposit Bonus," to support your margin .

  • New account registration entitles you to a margin bonus of 15,000 yen
  • 100% bonus on your first deposit (up to 70,000 yen)
  • Regular deposit bonus of 20% (up to 1.2 million yen)
  • 25% Unlimited Loyalty Bonus
  • 10% Loyalty Booster

For your first deposit, you'll receive a 100% bonus up to a maximum of 70,000 yen. Furthermore, you'll receive a 20% bonus on regular deposits up to a maximum of 1,200,000 yen

Thanks to generous bonuses, even first-time overseas forex traders can minimize their out-of-pocket expenses . FXGT is recommended for those who want to try it out with a small amount of capital.

If you're interested in FXGT's reputation, please check out Actual Customer Reviews and Reputation of FXGT

Save even more by using the cashback site "Moneycha"!

if you open an account through our website "Money Charger (Manecha)" automatically receive cashback every time you trade with FXGT.

Click here to find out how to receive your FXGT cashback

https://money-charger.com/trader/fxgt/

Exness | Unlimited leverage is incredibly popular!

Exness Official Website

Common knowledge in overseas forex tradingExness delivered a decisive blow with unlimited leverageUntil now, the overseas forex industry had been limited to leverage of 1,000 to 5,000 times, but they suddenly announced "unlimited leverage," which made them a huge successIts status as a popular overseas forex brokerWe built it

Since then, other overseas forex brokers have followed suit, introducing unlimited leverage to compete with Exness

Exness's Recommended Points

As for how much leverage is possible with unlimited leverage, Exness himself says it can be increased to "approximately 2.1 billion times!"

We offer an incredible trading service that allows you to conduct 2.1 billion yen worth of transactions with just 1 yen of capital

Maximum leverage2000x to unlimited
Account opening bonusnone
Deposit Bonus20% to 100% of the deposit amount, up to a maximum of 1.27 million yen
Deposit and withdrawal Credit cards, cryptocurrencies, bitwallet, STICPAY, etc
Financial LicenseRepublic of Mauritius (FSC)
spreadUSD/JPY 1.0 pips, EUR/USD 0.9 pips
ScalpingOK
Stop-loss /Zero-cut20% to 40% / Yes
Products we handleForex, cryptocurrencies, stock indices, energy, etc
Minimum trading unit1,000 units of currency

What are the conditions for Exness's unlimited leverage?

So, how exactly can you use unlimited leverage? Let's look at the three conditions for using unlimited leverage

  • The account's effective margin must be less than $5,000 (or equivalent)
  • Having made 10 or more trades (excluding limit orders)
  • You must be trading 5 lots (500,000 units of currency) or more

Ten or more trades means ten sets of entry and exit trades . In addition, since one lot is 10,000 units of currency, unlimited leverage can be unlocked with trades of 500,000 units or more.

Exness offers some of the highest leverage, but unfortunately, they don't offer any bonuses. Events and campaigns are also quite rare. Nevertheless, it some of the highest trading volumes in the industry , so it's worth trying even with a small amount of capital.

If you're interested in EXNESS's reputation, please check out Actual Customer Reviews and Reputation of EXNESS

Exness also allows you to use the cashback site "Moneycha"!

also open an Exness account through our website , "Money Charger (Manecha)" . With cashback on every trade, you'll accumulate money before you know it.

You can find instructions on how to open an Exness account via "MoneyChat" here

https://money-charger.com/trader/exness/

XM Trading | Choose the most popular overseas forex broker in Japan for peace of mind!

Source: XM Trading official website

XM Trading isThe largest overseas forex broker, boasting over 5 million usersis

XM's Recommended Points

Support is available in over 8 languages. This popular, long-established broker is used by traders worldwide. 24-hour support is also available in Japanese. Educational tools are fully available in Japanese, ensuring a safe and secure environment even for beginners in overseas forex trading.

Maximum leverage1,000x to 5000x
Account opening bonus3,000 yen (almost fixed)
Deposit Bonus100% of the deposit amount, up to a maximum of 100,000 yen
Deposit and withdrawal Credit cards, cryptocurrencies, bitwallet, STICPAY, Apple Pay, domestic bank transfers, etc
Financial LicenseRepublic of Seychelles (FSA)
spreadUSD/JPY 3.5 pips, EUR/USD 2.5 pips
Scalping
Stop-loss /Zero-cut20% / Yes
Products we handleForex, cryptocurrencies, stock indices, energy, etc
Minimum trading unit• 10 units of currency (Micro account) • 1,000 units of currency (Standard account)

Get a 3,000 yen new account bonus with no deposit required!

One of the best things about XMTrading their "account opening bonus," which requires no deposit . New account holders receive a 3,000 yen bonus . They also offer a 100% bonus on deposits up to 1 million yen, making it easy for beginners to get started.

  • New account opening bonus: 3,000 yen
  • 100% deposit bonus (up to 100,000 yen)
  • 20% deposit bonus (up to 1 million yen)
  • Loyalty program (trading volume)

Even if you have questions about using XM Trading, there is plenty of information available through online searches. XM Trading is the largest and most popular platform, often considered the go-to choice for beginners . Its high level of recognition will provide great peace of mind.

You can find reviews and testimonials XM Trading in the article "XM Trading Reviews and Testimonials"

You can also use the Cash Bike site with XMTrading!

also open an XMTrading account through the CashBike website . Check out this page for a list of available cashback sites, their mechanisms, and how to use them.

Summary: Understand the advantages and disadvantages of overseas forex accounts

In this article, we thoroughly examined the advantages of overseas forex accounts, comparing them to those of domestic forex accounts

Advantages of using overseas forex tradingThe following applies:

  • Easy to make money with high leverage
  • Zero cut, no margin call
  • The stop-loss level is low
  • There are many types of currency pairs and CFDs
  • The world's most advanced MT4 platform is available
  • Over 12,000 automated trading systems
  • NDD transactions offer high transparency
  • High-speed execution
  • Plenty of bonus campaigns
  • It's also good for studying English

In short, the conclusion is:For those who want to earn money with a small amount of capital, overseas forex trading that allows high leverage is recommendedHowever, they are unregistered businessesDisadvantages and risksIt's important to fully understand this. Choosing a trustworthy company is key to avoiding problems

Opening an overseas forex account through our website, "Money Charger (Manecha)," is highly advantageous . You'll receive cashback every time you trade. Combine it with bonuses and start overseas forex trading profitably with Money Charger's cashback.

For instructions on how to use Money Charger, please refer to Money Charger User Registration Procedure

Michiko Iida

The advantages of overseas forex trading include high leverage trading, zero-cut systems, fast execution, and a wide variety of currencies, allowing you to choose currency pairs while considering global affairs. Furthermore, the attractive promotional campaigns are also noteworthy! On
the other hand, the disadvantages include the inability to comply with Japanese laws, higher taxes, and the risk of reckless trading due to high leverage. However, these disadvantages can be avoided by setting your own trading rules in advance.

Both Japanese and overseas brokers have their own advantages and disadvantages. Refer to the comparison table on this site to consider which type of broker is right for you and choose your broker accordingly.

If you're interested after reading this article

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