For overseas forex cashback services, try Money Charger

Recommended Overseas Cryptocurrency FX/Bitcoin FX Exchanges [Latest 2026] Comparison Ranking

Posted by: MoneyChat Editorial Department

People who want to start trading cryptocurrencies,Cryptocurrency FX (Bitcoin FX))orOverseas exchangesWe recommend using itCryptocurrency FX (Bitcoin FX) refers to cryptocurrency CFDs offered by overseas FX brokers. On the other hand, an overseas exchange is an exchange that provides a platform specifically for cryptocurrencies

The reasons why we recommend using cryptocurrency FX/Bitcoin FX and overseas exchanges are..

  • Higher leverage than domestic brokers (maximum leverage of 100x to 1,000x)
  • The bonuses are generous and you can start with a small amount of capital
  • The zero-cut system means there are no margin calls
  • You can also enter through short selling

As you can see, there are various advantages. However, with so many overseas brokers available, , "Which overseas exchange should I choose?" You 're probably also concerned about the reliability and security of overseas brokers.

Therefore, in this article,Cryptocurrency FX / Bitcoin FX / Recommended Comparison Ranking of Overseas ExchangesWe'll introduce you to this. A must-see for anyone interested in trading cryptocurrencies

If you're new to overseas forex trading, we recommend that you start by reading the complete guide for overseas forex trading beginners

Contents

[June 2025] Recommended Overseas Cryptocurrency FX/Bitcoin FX Exchanges - Comparison List

First, for those who want to quickly find out about recommended overseas cryptocurrency exchanges, we've created a comparison table

Overseas exchangesFeaturesNumber of stocks
/ Maximum leverage
bonusOfficial website

1st place: FXGT
- Allows cryptocurrency trading with leverage up to 1,000x

- Offers a wide variety of minor currencies and rare synthetic pairs - Highly rated Japanese language support
66 types

/1,000x
(FX: 5,000x)
• Account opening bonus (¥15,000)
• Deposit bonus (120%, up to $300/period)
• Milestone bonus (maximum)
Official website

2nd place: Vantage
- Established in 2009, it has maintained stable operations.
- Generous bonuses are among the best in the industry.
- Cryptocurrencies can be traded swap-free in premium accounts.
58 types

/500x
(FX: 2000x)
• Account opening bonus (¥15,000)
• Deposit bonus (120%, 50%, 20%, up to $20,000)
• Crude oil trading cashback
Official website


3rd place: Bitget
• Maintains high credibility by publishing monthly proof of reserves.
• Offers over 1300 cryptocurrencies and has the lowest fees in the industry.
• Has one of the world's largest copy trading operations.
1300+ types

/ Up to 125x
(depending on the brand)
- Early Spring Welcome Pack
(up to 6200 USDT)
- 100% Guaranteed Spring Festival Prize (5 USDT)
- Complete tasks to win pure gold or a Rolex
Official website

4th place: XM Trading
- Most popular among Japanese traders in overseas forex trading
- Always offers generous bonus campaigns
- Allows trading with high leverage
58 types

/500x
(FX: 1,000x)
• Account opening bonus (¥13,000)
• Deposit bonus (total of $10,000)
• Unlimited cashback
Official website

5th place: Exness
• One of the world's leading exchanges, offering high security.
• Strong points include high leverage and swap-free trading.
• Unlimited leverage is available for FX trading.
136 types

/ 400x leverage
(FX: unlimited)
Official website

6th place: IS6FX
- You can trade with high leverage of up to 1,000 times.
- Account opening offers are always available with deposits ranging from 3,000 yen to 23,000 yen.
- A deposit bonus of up to 1 million yen is available.
61 types

/1,000x
(FX: 1,000x)
• Account opening bonus (¥3,000 to ¥23,000)
• Deposit bonus
(up to ¥360,000)
Official website

7th place: Bitunix
- High security due to multi-signature technology
- Fees are often 0.1% or less
- Leverage up to 125% and support for copy trading, making it easy for beginners to start trading.
700 types

/ up to 125x leverage
- by instrument
(no FX instruments)
- Deposit bonus (20%) ended
- 20 USDT cashback
(100 USD)
- 80 USD cashback (500 USDT)
- 100 USDT cashback (1000 USDT)
Official website

8th place: XS.com
- You can trade with high leverage of up to 500x
. - You are insured with coverage up to $5 million, so you can trade with peace of mind.
- The trading conditions for BTC and ETH are good.
10 types

/500x
(FX: 2,000x)
• Welcome bonus (5,000 yen)
• Deposit bonus
(10,000 yen)
Official website

9th place: TAITAN FX
• Over 10 years of operational experience and high security
• Industry-leading narrow spreads to minimize trading costs
• Proprietary app allows for copy trading
60 types

/500x
(FX: 1,000x)

Demo trading
contest
with free VPS
Official website

10th place: Big Boss
• Generous bonus campaigns are always running.
• They operate their own cryptocurrency exchange.
• They issue their own coin, BBC.
30 types

/50x
(FX: 2,000x)
• Account opening bonus (¥15,000)
• Deposit bonuses
of 120%, 30%, and 20% (up to $13,840)
Official website

11th place: BingX
• Highly reliable due to regulations in the US and Canada
• Over 900 cryptocurrencies available for trading
• Various bonuses available
900 types

/ 150x
(depending on the brand)
• Welcome gift
(up to 8,020 USDT)
Official website

11th place: HFM
- Allows trading of cryptocurrency FX with leverage up to 1,000 times.
- Has a long operating history and numerous awards, making it highly reliable.
- Offers
77 types

/1,000x
(FX: 2,000x)

Limited-time deposit bonus
(100% bonus)
Ongoing bonus
(20% bonus)
Official website

13th place: MEXC
• High leverage of up to 200x even on minor coins
• Over 2,000 types of cryptocurrencies
• Direct purchase of cryptocurrencies with a credit card
2,897 types

, 200x magnification
• New account opening bonus (50 USDT)
• First deposit bonus (up to 1,000 USDT)
Official website

14th place: iFOREX
• Over 30 years of operational experience, making it highly reliable.
• Deposit bonuses and campaigns are always running.
• Account opening bonuses are offered on a dedicated website.
20 types
/100x
(FX: 400x)
• Account opening bonus (¥20,000 /
exclusive to the special website)
• Deposit bonus
(up to $2,000)
Official website

15th place: Three Trader
- Low costs due to industry-leading narrow spreads -
Few restrictions, scalping and EA trading are permitted
- 24-hour Japanese chat support on weekdays
30 types

200x
(FX: 1,000x)
• Account opening bonus ($10)
• Deposit bonus ($10)
Official website

*Maximum leverage varies depending on the stock. Other details are constantly changing, so please be aware of this before usingAlways check the official websitePlease do so

[2026 Latest] Recommended Overseas Exchanges Comparison Ranking for Cryptocurrency FX/Bitcoin FX

Now, let's take a closer look at some recommended overseas exchanges for cryptocurrency FX/Bitcoin FX

1st Place: FXGT: Cryptocurrency trading with high leverage of up to 1,000x!

Basic information about cryptocurrency trading platform FXGT

itemContent
Establishment2019
Operating companyGT Global Ltd.
Financial LicenseSeychelles (FSA)
, Cyprus (CySEC)
, South Africa (FSCA)
, Vanuatu (VFSC)
Maximum leverage1,000x (FX: 5,000x)
Spread
(BTC/USD)
$69
commissionfree
bonus• Account opening bonus
(equivalent to $70)
• First deposit bonus
(120% / $300)
• Milestone bonus
(up to $30,000)
• Loyalty bonus
(up to 1.2 million yen)
Trading ToolsMT4/MT5
Number of cryptocurrency types66 types
Official websiteOfficial website

For cryptocurrency FX/Bitcoin FX, the number one recommendation is FXGT .

FXGT is a relatively new overseas exchange, established in 2019, but it is highly regarded for its security because it has obtained multiple financial licenses, including those from Cyprus and South Africa, which are difficult to acquire

overseas forex broker offers the best overall balance in terms of the quality of its cryptocurrency services, ease of use, leverage, and bonuses . If you haven't used it yet, be sure to get the no-deposit bonus.

Get great deals with cashback!

Open an FXGT cashback account here

Advantages and disadvantages of FXGT cryptocurrency trading

FXGT's appeal lies in its high leverage of up to 1,000x and its generous bonus campaigns

FXGT boasts one of the highest maximum leverage rates among overseas cryptocurrency FX/Bitcoin FX exchanges, with leverage of 1,000x being extremely rare. With FXGT, you can trade even large amounts of Bitcoin with a small amount of capital.

Overseas forex brokers typically employ a zero-cut system. This zero-cut system allows you to engage in high-leverage trading without fear of incurring a negative balance

Upon opening your first account, a margin bonus worth $70 , and an additional 120% bonus on your first deposit .

For subsequent bonuses, the bonus is 50%, and the terms of use change depending on trading volume and number of trades. There is currently a campaign where you can get a bonus of up to $30,000, so this is a great opportunity to trade cryptocurrencies profitably

The disadvantages are,The spread tends to widenEven for major stocks, the spreads are wider compared to other companies. This might make it a bit difficult for day trading or scalping

meritDisadvantages
- Trade cryptocurrencies with leverage up to 1,000x -
Generous account opening bonus and deposit bonus
- Crypto Max account specializing in cryptocurrency trading
- 24/7 deposit and withdrawal support
- Swap-free for select accounts and cryptocurrencies
- Comprehensive Japanese support available
- Wide spreads
- Limited number of available instruments
- Bank transfers take time
MoneyChat Editorial Department

Opening an FXGT account through our website, "Money Charger (Manecha)," will qualify you for the cashback program. A portion of the spread will be credited back to your account in cash with every trade.

Even if you are already an existing member, please take this opportunity to try it out

Get great deals with cashback!

Open an FXGT cashback account here

2nd place: Vantage - Great deals with industry-leading bonuses and spreads!

Vantage Basic Information

itemContent
Establishment2009
(Service for Japan: 2022)
Operating companyVantage Trading Ltd
Financial LicenseUnited Kingdom (FCA)
, Australia (ASIC)
, Vanuatu (VFSC)
, Cayman Islands (CIMA)
, South Africa (FSCA)
Maximum leverage500x (FX: 2,000x)
Spread
(BTC/USD)
$20-$24
commissionfree
bonus• Account opening bonus
(¥15,000)
• First deposit bonus
(120% / up to $750)
• Second deposit bonus
(50% / up to $1,500)
• Third and subsequent deposit bonus
(20% no limit)
Trading ToolsMT4/MT5
Number of cryptocurrency types60 types
Official websiteOfficial website

ranked overseas cryptocurrency exchange Vantage .

Vantage Trading was established in 2009. It is an overseas forex broker with a long track record and holds multiple reliable financial licenses

Vantage's services in Japan began in 2022, and because it's still relatively new in the country, it features many generous bonuses . You can start trading cryptocurrencies with a no-deposit account opening bonus . You can apply for Vantage bonuses here.

Get great deals with cashback!

Open a Vantage cashback account here

Advantages and disadvantages of Vantage

Vantage Trading's appeal in its industry-leading narrow spreads and exceptionally generous bonuses . It's rare to find a cryptocurrency trading platform that offers both.

The spread is the difference between the buying price and the selling price. The narrower the spread, the lower the transaction cost, which is especially advantageous for short-term trading. The spread for Bitcoin (BTC/USD), a major currency pair, is around $20-$24 , allowing you to trade at significantly lower costs than other companies.

Furthermore, they offer a 15,000 yen account opening bonus with no deposit required . Their first deposit bonus is a generous 120%, significantly better than other companies. This month, they're also running a crude oil trading cashback promotion. If you want to start cryptocurrency trading without any upfront investment, Vantage is definitely a broker worth trying.

however,Due to its limited track record in Japan, the deposit and withdrawal methods are somewhat unstableThis is how it works. Cryptocurrency deposits and withdrawals are known to be fast and easy

meritDisadvantages
• Industry-leading narrow spreads on BTC/USD (20-24 dollars)
• High leverage of 500x for cryptocurrency trading
• No deposit required to open an account and trade with a bonus
• Generous deposit bonus up to $20,000
• Over 1000 CFD instruments available
• Comprehensive Japanese language support
• Speedy cryptocurrency deposits and withdrawals
- Limited track record of providing services in Japan -
Deposit and withdrawal methods may be limited
- Credit card transactions are prone to errors
MoneyChat Editorial Department

open a Vantage account through our website, "Money Charger (Manecha)," you will be eligible for Money Charger's cashback program.

Since a portion of the spread is returned with each trade, even those who already have an account should take advantage of this opportunity

Get great deals with cashback!

Open a Vantage cashback account here

3rd place: Bitget: Authentic cryptocurrency trading and the world's largest copy trading!

Basic information about the cryptocurrency trading platform Bitget

itemContent
Establishment2018
Operating companyBitget Limited
Financial LicenseSeychelles, Austria, Italy, El Salvador, Poland, United Kingdom, Bulgaria, Lithuania, Czech Republic, Georgia, Argentina
Maximum leverage125 times
(depending on the stock)
Spread
(BTC/USD)
$15-$20
commission0.02%~
(Depending on the brand)
Bonus
Campaign
• Welcome pack
(total value
6,200 USDT)
• Task completion
(pure gold or Rolex)
Trading ToolsMT5 and proprietary tools
Number of cryptocurrency types1300 varieties and more
Official websiteOfficial website

For those who want to seriously trade cryptocurrencies, we recommend Bitget, an overseas exchange specializing in cryptocurrencies

Bitget is a cryptocurrency-focused exchange with over 20 million customers one of the world's leading cryptocurrency FX exchanges , alongside Binance and Kraken .

In recent years, the company has relocated to Seychelles and has obtained licenses in numerous countries, including Italy, the UK, Chile, and El Salvador. It also offers FX trading with relatively high leverage. the difference between services offered by an FX broker and those offered by a cryptocurrency-only exchange, try it out now.

Get great deals with cashback!

Open a Bitget cashback account here

Advantages and disadvantages of the cryptocurrency exchange BYBIT

Bitget's biggest appeal is that it allows trading of over 1,300 different cryptocurrencies, from major to minor currencies and Web3 tokens .

You can find not only major currencies like Bitcoin and Ethereum, but also many lesser-known altcoins priced at under $1

It is used by traders around the world who want to strike it rich through long-term investments

also cold wallets, proof-of-reserve (Proof of Reserve), and multi-signature (Multiple Signature) technology . With a variety of events and campaigns, it's sure to appeal to a wide range of traders.

on the one hand,Some parts of the service are in English, chat support is translated, and there are errors when depositing or withdrawing in Japanese yenHowever, there are also aspects that make it difficult to use

meritDisadvantages
• A globally renowned cryptocurrency exchange
• Licensed in numerous countries
• Offers over 1,300 different cryptocurrencies
• Abundant events and campaigns
• Robust and advanced security system
• Simple and user-friendly smartphone app
• World's largest copy trading platform
- Some services are in English
- Not 100% Japanese support
- Deposits and withdrawals in Japanese yen are difficult
- The platform is somewhat complex
MoneyChat Editorial Department

If you're opening a Bitget account, we recommend doing it through our website, "Money Charger (Manecha)". You'll receive a portion of the spread back as cashback every time you trade.

If you want to minimize the actual costs of cryptocurrency trading, please take advantage of this opportunity

Get great deals with cashback!

Open a Bitget cashback account here

4th place: XM Trading: The No. 1 overseas forex broker used by Japanese people!

Basic information about XM Trading

itemContent
Establishment2009
Operating companyTradexfin Limited
Financial LicenseSeychelles Financial Services Authority (FSA)
Mauritius Financial Services Commission (FSC)
Maximum leverage500x (FX: 1,000x)
Spread
(BTC/USD)
Standard account: $82
KIWAMI account: $61
commissionfree
bonus• Account opening bonus
(¥13,000)
• 100% deposit bonus
(up to $500)
• 20% deposit bonus
(up to $11,000)
• Referral bonus
(up to $130)
Trading ToolsMT4/MT5
Japanese language support
Official websiteOfficial website

Our third recommendation for cryptocurrency FX/Bitcoin FX "XM Trading" .

XM Trading was established in 2009 under the name Trading Point, and is now attracting attention as the most widely used overseas forex broker among Japanese traders

While XM Trading is well-known for its FX currency pairs, it also focuses on cryptocurrency FX/Bitcoin FX, over 50 different cryptocurrencies including Bitcoin, Erhereum, and Ripple . If you want to trade cryptocurrencies safely with an overseas broker, XM is the most reliable choice.

Advantages and disadvantages of XM Trading

XM Trading's biggest feature is its account opening bonus of 13,000 yen (depending on the time of year) which can be received without making a deposit . Many traders use XM's account opening bonus as their first step into overseas trading.

While the bonus itself cannot be withdrawn, any profits earned from the bonus can be withdrawn as your own funds. Utilizing the account opening bonus is an ideal way for those who want to try cryptocurrency trading without any upfront investment you can increase your margin up to a maximum of $10,000 (approximately 1.5 million yen) .

XM has over 15 years of operating experience, and there have been virtually no rumors of malicious withdrawal refusals or account freezes. Being able to use it with peace of mind is a major advantage of XM

XM is safe and secure,The spread is set to be slightly widerThat is a disadvantageDormant accounts after 90 days of inactivityIt's also important to note that it will be processed as such

meritDisadvantages
- It boasts overwhelming reliability and has the largest number of Japanese users
. - You can start trading with an account opening bonus without making a deposit
. - Deposit bonuses are available up to the equivalent of $10,000
. - You can trade cryptocurrencies with high leverage of up to 500x.
- Information is easily available on social media and blogs.
- A Japanese language support system is in place.
- Spreads are set relatively wide.
- Accounts become dormant if there are no trades for 90 days.
- Trading that targets only economic indicator releases is not permitted.
MoneyChat Editorial Department

When using overseas forex brokers, receive a portion of the spread back in cash by going through a cashback website . You can also open an account with XMTrading through a cashback website.

The following buttons will show you cashback sites available through XM

Get great deals with cashback!

Open an XMTrading cashback account here

5th place: Exness - Swap-free, making medium- to long-term investment in cryptocurrency possible!

Basic information about Exness

itemContent
Establishment2008
Operating companyExness (SC) Ltd
Financial LicenseCyprus (CySEC)
, Seychelles (FSA)
, United Kingdom (FCA)
, Mauritius (FSC)
, South Africa (FSCA)
, Kenya (CMA)
Maximum leverage400x leverage (FX: unlimited)
Spread
(BTC/USD)
$139
commissionfree
bonusnone
Trading ToolsMT4/MT5
Number of cryptocurrency types35 types
Official websiteOfficial website

Exness is highly reliable and holds financial licenses from Cyprus (CySEC) and the UK (FCA), both known for their strict regulations

Although it's a long-established company founded in 2008, it only started offering services for Japan in 2018. With its unlimited leverage and swap-free features, it quickly attracted Japanese traders .

Currently, the Japanese version of the website is unavailable , but you can still open an account through Exness's special website . If you'd like to try high leverage, please proceed to open an account using the link below.

Get great deals with cashback!

Open a Bitget cashback account here

Advantages and disadvantages of Exness

Exness's key features include unlimited leverage (approximately 2.1 billion times ) available upon meeting certain conditions, and ability to trade a wide range of securities with no swap fees .

While cryptocurrencies are not eligible for unlimited leverage, a maximum leverage of 400x . Compared to domestic leverage, 400x is still considered high leverage, making Exness a popular overseas forex broker for cryptocurrency trading.

Another notable feature of Exness is you can trade cryptocurrencies with no swap fees . No matter how many days you hold BTC/USD, the most popular cryptocurrency pair, you won't incur any swap fees, meaning you won't have to pay any negative swap fees.

One of the downsides of Exness is that there are leverage restrictions based on account balances and the release of economic indicators

You can check Exness's swap-free/swap-point rates here

meritDisadvantages
- One of the leading exchanges in the FX industry, offering a high level of security.
- You can trade cryptocurrencies with leverage up to 400x.
- BTC/USD can be traded with no swap fees.
- Pro accounts have narrow spreads
. - There is a comprehensive support system for Japanese users.
- There are basically no bonuses or promotions

. - There is a limited selection of cryptocurrencies. - There are leverage restrictions depending on account balance and economic indicators.
MoneyChat Editorial Department

open an account through our website, "Money Charger (Manecha)," you will receive a portion of the spread back as cashback every time you trade. You can also link your existing account, so even if you already have an account, please take advantage of this opportunity.

Get great deals with cashback!

Open a Bitget cashback account here

6th place: IS6FX: High leverage and a deposit bonus of up to 1 million yen make it very satisfying!

Basic information about IS6FX

itemContent
Establishment2021
locationSaint Vincent and the Grenadines
Financial LicenseSame as above (FSA)
Maximum leverage1,000x (FX: 6,000x)
Spread
(BTC/USD)
$62
Fees
/Swap Costs
Free
/Partially swap-free support
bonus• Account opening bonus
(up to 23,000 yen)
• Deposit bonus
(up to 360,000 yen)
Trading ToolsMT4/MT5
Number of cryptocurrency types
Official websiteOfficial website

The 5th recommended broker for trading cryptocurrencies "IS6FX" .

IS6FX originally debuted in the overseas forex industry under the service name is6com. At the time, it quickly gained popularity with high bonuses such as a 100,000 yen bonus, and has continued to grow ever since. it has been attracting attention with its ongoing bonus campaigns

The bonus amount can vary depending on the timing, so it's recommended to open an account immediately when the bonus is high

Get great deals with cashback!

Open an IS6FX cashback account here

Advantages and disadvantages of the IS6FX

you can trade cryptocurrencies with leverage of up to 1,000 times . There are only a handful of brokers that offer 1,000x leverage. It is gaining popularity among traders who want to make large-lot trades with limited funds.

Additionally, they offer no-deposit account opening, and depending on the timing, you can receive a bonus of 3,000 to 23,000 yen . Deposit bonuses also vary depending on the time of year, but they almost always have a 100% bonus campaign running.

Right now, offering a bonus of up to 23,000 yen for new account openings and deposits , so please consider opening an account.

meritDisadvantages
- High leverage trading up to 1,000x is possible
. - No deposit required to open an account.
- Deposit bonus of up to 1 million yen is available.
- Some major currencies are eligible for swap-free trading.
- Limited number of cryptocurrency pairs available
- Spreads are somewhat wide
MoneyChat Editorial Department

open an S6FX account through our website "Money Charger (Manecha)", you will receive a portion of the spread back as cashback every time you trade.

Even if you already have an account, please take advantage of this opportunity

Get great deals with cashback!

Open an IS6FX cashback account here

7th place: Bitunix: Plenty of campaigns offering large amounts of USDT!

Basic information on Bitunix, a cryptocurrency trading platform

itemContent
Establishment2021
Operating companyBitunix Technology Limited
Financial LicenseSaint Vincent and the Grenadines
, USA FinCEN
, Canada FINTRAC
Maximum leverage125 times (depending on the stock)
Spread
(BTC/USD)
30.0 pips
commissionMakers: 0.08%, Takers: 0.10%
(In futures trading: Makers: 0.02%, Takers: 0.06%)
bonus- Deposit bonus (20%) ended
- 20 USDT cashback (100 USD)
- 80 USD cashback (500 USDT)
- 100 USDT cashback (1000 USDT)
Trading ToolsProprietary platform
Number of cryptocurrency types700 varieties or more
Official websiteOfficial website

Founded in 2021 Bitunix is ​​a rapidly growing overseas cryptocurrency exchange that boasts exceptional order processing speed and minimal slippage.

We offer a wide variety of over 700 trading pairs, including BTCUSD and ETHUSD . Spot trading is available, but derivative trading, especially with maximum leverage, is particularly popular. Currently, a USDT bonus depending on your deposit amount . If you're interested, start with a small amount!

Get great deals with cashback!

Open a Bitget cashback account here

Advantages and disadvantages of Bitunix for cryptocurrency trading

In terms of the system, it employs an intuitive interface that even beginners can use without getting lost, while also coming standard with advanced chart analysis tools that will satisfy even professional investors

Furthermore, it combines robust security through a multi-signature wallet with one of the lowest fee structures in the industry, creating an optimal trading environment for users who prioritize safety and cost-effectiveness

In recent years, a USDT cashback campaign has become established, where you receive 20 USDT for every 100 USDT deposited. It also supports deposits and withdrawals of multiple chains and minor tokens, making it a recommended broker for cryptocurrency traders.

The disadvantage is that if you're not familiar with the mechanisms of overseas cryptocurrency exchanges,Somewhat difficult to useIt's a point

meritDisadvantages
• High security due to the use of multi-signature technology

• Relatively low fees • 700 types of cryptocurrencies available for trading
• Deposit bonuses and USDT giveaway campaigns
• Choice between spot and futures trading
- MT5 is not available.
- The trading tools are somewhat difficult for beginners to use.
MoneyChat Editorial Department

our website "Money Charger (Manecha)" , you will receive a portion of the spread back as cashback every time you trade.

Before you know it, you'll have saved up a considerable amount of money, making it a great deal. Please give it a try!

Get great deals with cashback!

Open a Bitunix cashback account here

8th place: XS.com: Enjoy comfortable cryptocurrency trading with high leverage of up to 500x!

Basic information about XS.com

itemContent
Establishment2010
Operating companyXS Fintech Ltd.
Financial LicenseSeychelles (FSA)
, Australia (ASIC)
, Cyprus (CySEC)
, Malaysia (LFSA)
, South Africa (FSCA)
Maximum leverage500x (FX: 2,000x)
Spread
(BTC/USD)
240.2 pips
commissionVaries by account type
bonusWelcome bonus
(5,000 yen)
Trading ToolsMT4/MT5
Number of cryptocurrency types10 currencies
Official websiteOfficial website

The 8th recommended overseas exchange for cryptocurrency FX/Bitcoin FX "XS.com" .

XS.com is an overseas forex broker established in Australia in 2010, and boasts a high level of reliability, having obtained five financial licenses across its entire group

Although they only started offering services to Japanese customers in 2023, they are affiliated with one of the world's leading insurance companies and offer coverage up to $5 million , so you can use their services with peace of mind.

Get great deals with cashback!

Open an XS.com cashback account here

Advantages and disadvantages of XS.com

With leverage among the highest levels of overseas cryptocurrency FX/Bitcoin FX exchanges, you can aim for large profits with a small amount of capital .

Furthermore, although the number of cryptocurrency pairs is small, the spreads for major cryptocurrencies like Bitcoin and Ethereum are narrow, and the negative swap rates are also relatively small.

Recommended for those who want to trade Bitcoin under favorable conditions

just,Japanese support is not perfectly translatedstomachIt seems that some people are saying this. For those who don't mind

meritDisadvantages
- Allows trading with high leverage of up to 2,000 times
- Extensive operational track record, making it safe to use
- Insured up to $5 million
- Bitcoin spreads are narrow and swap costs are low
- There are opinions that the number of cryptocurrency options is limited
and that the quality of Japanese language support is inadequate.
MoneyChat Editorial Department

Opening an XS account through our website, "Money Charger (Manecha)," is the most advantageous option . You'll be eligible for Money Charger's cashback program, and a portion of your spread will be returned to you in cash.

You can easily apply here

Get great deals with cashback!

Open an XS.com cashback account here

9th place: TitanFX: Advantageous for trading with some of the narrowest spreads in the industry!

Basic information about the cryptocurrency trading platform TitanFX

itemContent
Establishment2014
Operating companyTitan FX Limited
Financial licenses
(group)
Vanuatu (VFSC)
, Seychelles (FSA)
, Mauritius (FSC)
Maximum leverage100x (FX: 1,000x)
Spread
(BTC/USD)
$18
commissionfree
bonusnone
Trading ToolsMT4, MT5, TitanFX Social
Number of cryptocurrency trading pairs48 types
Official websiteOfficial website

Our 7th recommended cryptocurrency "TAITAN FX" .

TAITAN FX has been operating for over 10 years since its establishment in 2014 and an overseas exchange that is well-regarded by short-term traders for its narrow spreads and fast execution .

While bonuses are rare, they occasionally hold

Get great deals with cashback!

Open a Bitget cashback account here

Advantages and disadvantages of the cryptocurrency trading platform TitanFX

The BTC/USD spread is $18, which is narrower than other companies, allowing you to trade cryptocurrencies while keeping transaction costs down .

Overall, you can expect narrow spreads and reliable execution across all cryptocurrencies. This broker is ideal for those who want to trade cryptocurrencies in the short term, such as day trading or scalping

Furthermore, their proprietary app, "Titan FX Social," is popular for its copy trading feature, which allows users to directly implement the investment strategies of professional traders

those seeking an advanced trading environment for cryptocurrencies, as well as beginners who want to use copy trading

meritDisadvantages
- More than 10 years of operational experience for peace of mind

- Up to 100x leverage available for trading
- Industry-leading narrow spreads for low trading costs - More campaigns recently
- Copy trading available through proprietary app
- Almost no bonuses

- Significantly high swap points (negative) - Platform can be unstable
MoneyChat Editorial Department

open an account through our website, "Money Charger (Manecha)," you will receive a portion of the spread back as cashback every time you trade.

Existing members can also link their accounts. Even if you already have an account, please take this opportunity to use it

Get great deals with cashback!

Open a Bitget cashback account here

10th place: Big Boss Attractive due to its own cryptocurrencies, "CRYPTOS" and "BBC Coin"

Basic information about the cryptocurrency trading platform Big Boss

itemContent
Establishment2013
Operating companyBigBoss Ltd, Prime Point LLC
Financial LicenseSaint Vincent and the Grenadines (
Comoros Union, Saint Vincent and the Grenadines Islands)
Maximum leverage50x (FX: 2,000x)
Spread
(BTC/USD)
189 pips
commissionfree
bonus• Account opening bonus
(¥15,000)
• Deposit bonus
(up to $13,700)
Trading ToolsMT4/MT5
Number of cryptocurrency types30
Official websiteOfficial website

The 8th recommended overseas exchange for cryptocurrency FX/Bitcoin FX is"Big Boss"is

Big Boss is an overseas forex broker whose ambassador is Bob Sapp, a former mixed martial artist who is well-known among Japanese people. It boasts a high level of reliability, with over 10 years of operating experience since its establishment

its almost always-available no-deposit account opening bonuses, deposit bonuses, diverse campaigns, and unique cryptocurrency services . Claim your bonus and start trading cryptocurrencies with BigBoss today!

Get great deals with cashback!

Open a Big Boss cashback account here

Advantages and disadvantages of the cryptocurrency trading platform Big Boss

Big Boss is a company that develops its own cryptocurrency services and operates its own exchange, "CRYPTOS." It also issues its own original coin, BBC .

BBC is the core token of the financial ecosystem offered by the group. Its greatest advantage optimizing the trading environment , providing enhanced advantages in margin trading, discounted fees on the trading platform "CRYPTOS," preferential affiliate

Another attractive feature is the broadening of asset management options. A variety of benefits are available, including participation in staking, priority access to upcoming IEOs, and a gacha system with game elements

On the other hand, the leverage for cryptocurrency trading is relatively lowSwap points are calculated three times a day (mostly negative)Therefore, caution is necessaryTransactions lasting less than 5 minutes incur a feeTherefore, it is not suitable for scalping

meritDisadvantages
• Over 10 years of operational experience
• Self-operated cryptocurrency exchange
• Issues its own BBC Coin
• Industry-leading generous bonuses
• Live chat support available until 1 AM
- Relatively low maximum leverage
- High swap points (3 times a day)
- 0.2% commission (one way) for trades under 5 minutes
MoneyChat Editorial Department

Opening a BigBoss account is highly recommended through our website, Money Charger (Manecha), and our cashback program . You'll get a portion of your spread back in cash, so please take advantage of this opportunity.

Get great deals with cashback!

Open a Big Boss cashback account here

11th place: BingX: Cryptocurrency derivatives with world-leading features!

Basic information about the cryptocurrency exchange BingX

itemContent
Establishment2018
Operating companyBingX Group Limited
Financial License
• U.S. Treasury Department (MSB)
• Canadian Financial Transactions Information and Reporting Centre (FINTRAC)
• Australian AUSTRAC (DCE)
Maximum leverage150x (depending on the stock)
Spread
(BTC/USD)
Average about 0.04%
commissionSpot: 0.1%
Futures: Maker 0.02%・Taker 0.05%
bonusNew registration bonus,
deposit cashback,
trading task-based cashback
(up to 5,000-10,000 USDT)
Trading ToolsOur own platform (Tradingview integration)
Number of cryptocurrency types1,000 types or more
Official websiteOfficial website

Founded in 2018, BingX a global cryptocurrency exchange based in Singapore with over 40 million users in more than 100 countries worldwide .

Leading the industry with its unique "social trading (copy function)," it recently evolved into a next-generation platform that fuses Web3 and AI . With strong international trust, including being an official partner of Chelsea FC and Ferrari, it provides a multi-functional investment environment used by everyone from beginners to professionals.

If you'd like to try it out first, you can open an account here

Get great deals with cashback!

Open a BingX cashback account here

Advantages and disadvantages of the cryptocurrency exchange BingX

The main advantage is that to easily replicate professional strategies using one of the world's largest copy trading functions . In addition to a wide selection of over 1,000 instruments, it also features "TradFi," which allows you to trade stocks, gold, and currencies in USDT. Furthermore, TradingView is fully integrated into the mobile app, an excellent analytical environment .

DisadvantagesBecause of its multi-functionality, it is not suitable for beginnersThe screen layout is somewhat complexPossible points,Depending on the deposit and withdrawal method, fees may be highthere is

meritDisadvantages
• Trade on the world's most advanced platform
• Over 1000 types of cryptocurrencies available

• Campaign currently running where you can receive up to 10,000 USDT • No restrictions on EAs or scalping
• Japanese language support available
- The operation method may be difficult for beginners to understand.
- Depending on the deposit and withdrawal method, fees may be high.
MoneyChat Editorial Department

If you'd like to try BingX, more advantageous to do so through our website, "Money Charger (Manecha)" . You'll get a portion of the spread back with each trade.

Please consider using this as a cost-reduction measure

Get great deals with cashback!

Open a BingX cashback account here

12th place: HFM: Big trades with cryptocurrency even with small capital!

Basic information on cryptocurrency trading HFM

itemContent
Establishment2010
Operating companyHF Markets (SV) Ltd
Financial LicenseSaint Vincent and the Grenadines (FSA)
, Great Britain (FCA)
, Dubai (DFSA)
, South Africa (FSCA)
, Kenya (CMA)
Maximum leverage1,000x (FX: 2,000x)
Spread
(BTC/USD)
$79
commissionfree
bonus• First deposit bonus (100%)
(up to 30,000 yen)
• Deposit bonus (20%)
(up to 750,000 yen)
Trading ToolsMT5
Number of cryptocurrency types77 types
Official websiteOfficial website

Established in 2010 as "HotForex," HFM a leading, long-established overseas forex and CFD broker .

Holding multiple stringent financial licenses from organizations such as the UK's FCA and Cyprus' CySEC , this company has offices around the world, including in Seychelles. In addition to FX, it offers over 1,000 different securities, including stocks, precious metals, energy, and ETFs. an official partner of Arsenal FC , it boasts high transparency and international credibility. Try it out with a small-amount trading account.

Get great deals with cashback!

Open an HFM cashback account here

The advantages of trading cryptocurrencies with HFM are its high leverage of up to 1,000x and zero-cut system that eliminates margin calls, allowing for dynamic trading even with small amounts . There is also no minimum deposit requirement, so you can start trading cryptocurrencies with an amount that suits you.

With 15 years of operational experience, it boasts exceptional reliability, and in addition to MT4/MT5, it offers a comprehensive trading environment with its own highly functional app

However, the spread is slightly wider than the narrowest in the industry, and Bitcoin and other cryptocurrencies are also a concernMajor cryptocurrencies have very large negative swap ratesTherefore, caution is advised

Advantages and disadvantages of HFM (High-Frequency Market) cryptocurrency trading

meritDisadvantages
- High leverage of up to 1,000x is available for trading
. - There is a deposit bonus of up to 780,000 yen.
- It has a long history of operation and numerous awards, so you can use it with peace of mind.
- A support system for Japanese users is in place.
• Major cryptocurrencies have large negative swaps
and wide spreads.
MoneyChat Editorial Department

To counter HFM's wider spreads, using our website , "Money Charger (Manecha)." HFM's return rate is particularly high, so it would be a waste not to use it.

Get great deals with cashback!

Open an HFM cashback account here

13th place: MEXC: Trade altcoins with leverage up to 200x!

Source: MEXC Official Website

Basic information about the cryptocurrency trading platform MEXC

itemContent
Establishment2018
Operating companyMEXC Global Ltd
Financial LicenseEstonia (FIU)
, Canada (MSB)
, United States
, Australia (AFS)
Maximum leverage200 times (depending on the stock)
Spread
(BTC/USD)
-
commission0.01% or more (depending on the stock)
bonusNew account opening bonus
(50 USDT futures bonus)
First deposit bonus
(up to 1,000 USDT bonus)
Trading ToolsProprietary Tools/MEXC Apps
Number of cryptocurrency types3,000 varieties and more
Official websiteOfficial website

Next up MEXC, ranked .

MEXC is a world-leading cryptocurrency exchange established in 2018, used by over 32 million traders It boasts a comprehensive selection of over 3,000 , including a wide variety of minor altcoins and Web3 tokens. If you're interested in trading lesser-known cryptocurrencies, open an account today!

MEXC's advantages and disadvantages

MEXC's greatest feature is its far greater number of listed stocks compared to other companies

, from major currencies like BTC and ETH popular minor coins . Some Meme coins even offer leverage up to 200x, so "if you want to become a millionaire with altcoins, you should definitely try MEXC."

However, since deposits and withdrawals in Japanese yen are prone to errors, sending money via cryptocurrency is recommended

meritDisadvantages
• Offers over 2,000 different cryptocurrencies
. • Allows trading of even altcoins with 200x leverage.
• Hosts numerous bonus campaigns.
• Provides excellent support for Japanese users.
- Withdrawals of Japanese yen deposits are prone to errors.
- The platform's operation method is difficult to understand.

Get great deals with cashback!

Open an XMTrading cashback account here

14th place: iFOREX: A long-established and reliable company in the FX industry!

iFOREX Basic Information

itemContent
Establishment1996
Operating companyFormula Investment House Ltd.
Financial LicenseVirgin Islands (BVI FSC)
Maximum leverage40x (FX: 400x)
Spread
(BTC/USD)
72 pips
commissionfree
bonus• Account opening bonus
(¥20,000, exclusive to the special website )
• 50% deposit bonus
(up to $2,000)
Trading ToolsProprietary Tools
Number of cryptocurrency types20 types
Official websiteOfficial website

iFOREX an overseas forex broker with a very long history, having been established in 1996 .

When searching for an overseas cryptocurrency FX/Bitcoin FX exchange, many people judge reliability based on financial licenses and customer reviews, but operational history is also an important factor in determining reliability . If reliability is your priority, iForex is one option to consider.

iFOREX Advantages and Disadvantages

Having a longer track record than any other platform is a major advantage of iForex

This is because, without a good reputation among actual traders, it would be impossible to continue operating in the highly competitive FX industry. Therefore, iFOREX is recommended for those looking for a cryptocurrency FX exchange that prioritizes security and reliability

Also, a special website offering a bonus for opening a diesel fuel account has recently been launched, so you might want to give it a try

On the other hand, the disadvantages of iForex areThe inability to use EAs and the low leverage on cryptocurrencies are drawbacksThat is the point

meritDisadvantages
- 30 years of operational experience for peace of mind
- Generous bonus campaigns held regularly
- Proprietary tool "FXnet View" is gaining popularity for its ease of use
- Account opening bonus offered via special website
- EA (automated trading) is prohibited.
- Maximum leverage is low.

Get great deals with cashback!

Open an iForex cashback account here

15th place: Three Trader: Low trading costs with some of the narrowest spreads in the industry!

Source: Three Trader official website

Basic information about Three Traders

itemContent
Establishment2021
locationThreeTrader Global Limited
Financial LicenseVanuatu (VFSC)
Maximum leverage200x (FX: 1,000x)
Spread
(BTC/USD)
2.1 pips
commissionfree
bonusAccount opening bonus
($10)
Deposit bonus
($10)
Trading ToolsMT4/MT5
Number of cryptocurrency types30 types
Official websiteOfficial website

Now, in this ranking, our 15th recommended cryptocurrency FX platform "Three Trader" .

Three Trader is a relatively new overseas forex broker established in 2021, but it has gained popularity among many traders due to its industry-leading narrow spreads .

Advantages and disadvantages of Three Trader

Three Trader's greatest appeal is undoubtedly its industry-leading narrow spreads and low trading costs . The spread for the highly traded BTCUSD currency pair is currently 2.1 pips, which is significantly lower than other companies .

Another attractive feature of Three Traders is the limited number of trading restrictions

If you prioritize transaction costs or engage in scalping, you should definitely give it a try.

The downsides are that bonus campaigns are often small-scale, and the number of stocks available is generally somewhat limited. Be sure to check if the stocks you want to trade are included.

meritDisadvantages
- Low trading costs with industry-leading narrow spreads
- Few trading restrictions, no restrictions on scalping or EAs
- Stop levels are set to 0 for all instruments
- 24-hour support from Japanese staff on weekdays
- The bonus amount is small
. - The number of stocks available is limited.
MoneyChat Editorial Department

We recommend using our website, "Money Charger (Manecha)," to open a ThreeTrader account . You'll receive a portion of the spread back as cashback for every trade.

For more details, please click the button below

Get great deals with cashback!

Open a VantageTrading cashback account here

Key points to consider when choosing an overseas exchange for cryptocurrency FX/Bitcoin FX

So far, we've looked at rankings of cryptocurrency FX and overseas exchanges. When actually choosing a broker, what points should you check?

This chapter explains the key points to consider when choosing an overseas forex broker or exchange for cryptocurrency trading

  1. Choose based on safety level
  2. Choose based on the highest maximum leverage
  3. Choose by the number of cryptocurrency types available
  4. Choose based on the generosity of the bonus
  5. Choose based on your trading style and objectives

Let's look at each one in turn

Choose based on safety level

Success

When choosing an overseas exchange for cryptocurrency FX/Bitcoin FX, the most important factor is to select one based on its level of security

Overseas forex brokers and overseas cryptocurrency exchanges are companies based overseas. They are not subject to the regulations of Japan's Financial Services AgencyEven if a problem were to occur, it would be difficult to resolve it under Japanese law

In fact, the Financial Services Agency , the Consumer Affairs Agency , the National Consumer Affairs Center , and the police have received numerous reports of unscrupulous companies refusing withdrawals, freezing accounts, and engaging in fraudulent activities. Most of these companies are unknown and share the common characteristic of suddenly becoming unreachable. It is crucial to exercise extreme caution when choosing a company.

The following are the main factors to consider when judging the level of safety:

  • Operational history and track record (especially in Japan)
  • Financial licenses held
  • Number of users and high level of recognition
  • Rumors of malicious trouble
  • Online reviews and reputation

Checking the operating history and financial licenses is especially crucial when using overseas exchanges. You can assess their reliability by examining the type and number of financial licenses, the difficulty of obtaining them, and the years since they were obtained

Customer reviews and reputations on social media (formerly Twitter), posting sites, and blogs are also very useful in assessing the reliability of a business.

MoneyChat Editorial Department

You can find more detailed information about the safety and financial licenses of overseas forex brokers in this article

Choose based on the maximum leverage

Success

When choosing an overseas cryptocurrency exchange, the maximum leverage offered is also an important factor. You can select a high-leverage exchange to suit your purpose.

In Japan, leverage regulations are in place for FX and cryptocurrency trading. Due to these regulations, a maximum leverage of 2x is available for cryptocurrency trading within Japan.

*All cryptocurrency transactions in Japan are under the supervision of the Financial Services Agency and the Japan Virtual Currency Exchange Association (JVCEA)

On the other hand, overseas exchanges are regulated by their respective overseas financial authorities, so there are often no restrictions on maximum leverage. Depending on the broker, possible to trade cryptocurrencies with high leverage of up to 500 to 1000 times .

Therefore, if you want to trade with high leverage,Maximum leverage for cryptocurrenciesIt is recommended to check thisis

[How to check leverage on Bitget]

For example, let's check the leverage of DOGEUSDT on Bitget

  1. To check leverage on Bitget, go to "Market" → "Futures" → "Click on the instrument name" to display the chart screen.
  2. Scroll down the stock information on the far left
  3. The maximum leverage is displayed at the very bottom of the stock information

Bitget offers a maximum leverage of 75x for DOGEUSD . Let's check the leverage offered by other brokers, specifically FXGT.

[How to check leverage on FXGT]

You can check the leverage for a particular instrument on FXGT by going to the official website's menu: "Trading" → "Cryptocurrency" → "Select Account Name and Instrument" .

  1. Select "Transactions" from the menu
  2. Select a cryptocurrency
  3. Enter the "Account Name" and "Cryptocurrency Name" in the list of cryptocurrencies

With FXGT's standard account, the leverage for DOGEUSD was 50x . For this instrument, Bitget offers higher leverage than FXGT.

MoneyChat Editorial Department

As described above, you can check the leverage for the stock you want to trade and choose a broker that offers the highest maximum leverage

Maximum leverage varies depending on the broker and the specific stock, so be sure to check this beforehand

Choose by the number of cryptocurrency types available

Success

Choosing a broker depends on the type of cryptocurrency you want to trade. The variety and number of cryptocurrencies offered are also important factors in selecting a broker.

Currently, there are over 5,000 types of tokens and coins available on overseas exchanges. The major currencies generally handled by most exchanges are as follows:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Thether (USDT)
  • Solana (SOL)
  • Binance token (BNB)

In particular, Tether isTransactions are not possible due to regulationsTherefore, it is popular among Japanese traders

If you use an overseas broker, you can choose from a variety of cryptocurrency pairs, such as USD, JPY, and EUR, as well as a wide selection of minor coins

  • Shiba Inu (SHIB)
  • Dogecoin (DOGE)
  • MemeCore (M)
  • Pepe (PEPE)
  • OFFICIAL TRUMP

Since the types of cryptocurrencies handled vary depending on the exchange including minor coins, meme coins, and Web3-based cryptocurrencies, be sure to check which coins are available for trading.

For example, Exness offers a wide variety of unusual pairs of BTC, including Australian Dollar (AUD), South African Rand (ZAR), Gold (XAU), and Silver (XAG). Bitget and Bitunix offer a large number of relatively inexpensive minor tokens.

MoneyChat Editorial Department

The number of stocks is listed in the table at the top of the article

The types and number of cryptocurrencies offered vary from one vendor to another, so it's definitely something you should check

Choose based on the generosity of the bonus

Success

bonuses and campaigns are also important points to check when choosing a cryptocurrency FX or overseas exchange.

Overseas forex brokers and cryptocurrency exchanges hold bonus campaigns offering margin credits

While the bonus itself cannot be withdrawn, profits earned from trading using the margin credit can be withdrawn . Trading with the bonus allows you to aim for profits while minimizing risk.

Generally, there are two types of bonuses you can receive from overseas brokers

  • Account opening bonus (no deposit required)

An account opening bonus is a margin credit given upon registering a new account. In many cases, it is given without requiring a deposit and can be used as a demo trading tool to generate profits

  • Deposit bonus (bonus when making a deposit)

A deposit bonus is a promotion where you receive a bonus of approximately 50% to 100% of your deposit amount. Depending on the broker and the timing, you may even receive a bonus of 120% or 200%

Example of receiving a deposit bonus

Number of deposits / Amount depositedGrant ratebonus
First time: 60,000 yen      100%    60,000 yen     
2nd time / 40,000 yen50%20,000 yen
3rd time / 30,000 yen30%10,000 yen

By receiving bonuses, you can increase your positions with margin exceeding your own capital, or extend the timing of your stop-loss

MoneyChat Editorial Department

Bonus amounts vary depending on the broker and timing. It's a good idea to research bonus information beforehand and find an overseas broker you'd like to use

For those who want to try trading without using their own funds, opening an account with a no-deposit bonus is a good starting point

Choose based on your trading style and objectives

Success

Another factor to consider when choosing a broker your individual trading style and trading objectives .

The type of overseas broker you choose will vary depending on the kind of transaction you want to conduct

  • Want to trade cryptocurrencies in the short term? → Prioritize narrow spreads.
  • Cryptocurrency trading for medium- to long-term trading → Favorable swap conditions
  • I want to find a cheap Meme coin → There are many minor coins.
  • Traded using scalping → Broker allows scalping
  • Want to increase your library funds with your bonus? → Find a company with generous bonuses

For example, if you want to hold cryptocurrency for the medium to long term, swap-free trading becomes more important than spread. In short-term trading, swaps are not a concern, but spreads and execution speed are important

If you want to trade Meme, major cryptocurrency exchanges are your option. On the other hand, if you're not interested in minor coins, your choices of exchanges will increase

MoneyChat Editorial Department

As explained above, it will be easier to find what you're looking for if of ​​"what kind of trading" and "what kind of broker" you want to use.

Recommended overseas cryptocurrency FX/Bitcoin FX exchanges by purpose

The best cryptocurrency FX or overseas exchange for you will vary depending on what you prioritize

Here, we introduce recommended brokers for cryptocurrency FX/Bitcoin FX based on your objectives .

  1. Choose by maximum leverage
  2. Choose based on the generosity of the bonus
  3. Choose by narrowest spread
  4. Choose a broker that allows scalping
  5. Choose a broker that offers MT4/MT5

Cryptocurrency FX/Bitcoin FX/Overseas exchanges with high maximum leverage

The following are overseas brokers with the highest maximum leverage:

Overseas exchangesMaximum leverage
FXGT1,000 times
HFM1,000 times
IS6FX1,000 times
XM Trading500 times
TAITAN FX500 times

FXGT, HFM, IS6FXThese three companies handle major cryptocurrencies such as Bitcoin and EthereumYou can trade with leverage up to 1,000 times

*The leverage you can use varies depending on the type of account and the securities you are trading

Because it allows you to aim for large profits even with a small amount of capital, it is recommended for people with limited personal funds or those who want to earn money efficiently

Overseas cryptocurrency FX/Bitcoin FX exchanges with generous bonuses

This article introduces overseas cryptocurrency FX/Bitcoin FX exchanges that offer generous bonuses

If you want to try cryptocurrency FX/Bitcoin FX without using your own funds,We recommend brokers that offer generous account opening bonuses and deposit bonuses

The brokers that offer a wide variety of cryptocurrencies and generous bonuses are "VantageTrading," "FXGT," and "XMTrading."

Bonus-paying overseas forex brokers

Overseas businessesBonus Details
FXGT[Account Opening Bonus (No Deposit Required)]
Equivalent to $70-$100 / ¥10,000-¥15,000
[Deposit Bonus]
120%, 50%, 20% / Total equivalent to $30,000
VPhotoage[Account Opening Bonus (No Deposit Required)]
15,000 yen
[Deposit Bonus]
120%/50%/20%/Total 20,000 dollars
XMTrading[Account Opening Bonus (No Deposit Required)]
13,000 yen
[Deposit Bonus]
100% / 20% / Total 10,000 dollars

Bonus amounts and eligibility requirements are subject to change, so please check reliable websites for the latest information.

Overseas exchanges offering cryptocurrency FX/Bitcoin FX with the narrowest spreads

The following are cryptocurrency FX/overseas exchanges that offer some of the narrowest spreads in the industry

BTCUSD spread comparison (1 BTC)

Overseas exchangesCommission
/Average Spread
Bitget (futures trading)Maker: 0.02%, Taker: 0.06%
/ $5 to $10
Three Trader (Pure Spread Account)Free
/ Spread $20
Vantage (Standard Account)Free
/ Spread $24
XS.com (Standard Account)Free
/ Spread $24

Bitunix (futures trading)
Maker 0.02%, Taker 0.06%
/ Spread: $30

*The spread can fluctuate significantly depending on market conditions at the time. Please use this only as a guideline

Traders who employ investment methods where transaction costs directly impact profits, such as scalping, are especially recommended to use overseas exchanges with low spreads

Overseas forex brokers offer , while cryptocurrency exchanges have narrower spreads but charge fees such as maker fees

Cryptocurrency FX/Bitcoin FX/Overseas exchanges that allow scalping

Some overseas brokers do not prohibit scalping, but they do not recommend it

  • TitanFX
  • VantageTrading
  • Bitget
  • ThreeTrader
  • Bitunix

If you want to scalp with peace of mind, the overseas exchanges mentioned above are especially recommended.

The overseas exchanges listed above offer the narrowest spreads and do not have strict rules regarding scalping, etc. In fact, brokers like TitanFX and ThreeTrader even encourage scalping, so you don't have to worry about violating their rules.

*However, excessive scalping with high speeds and large lots may be considered a violation of the terms of service due to system load. Please inquire in advance if you plan to scalp with large lots

Cryptocurrency FX/Bitcoin FX/Overseas exchanges that support MT4/MT5

For overseas forex brokers, MT4/MT5 is available with almost all of them .

Many cryptocurrency exchanges have their own trading tools integrated with Tradingview. Bitget and Bitunix offer MT5 .

MoneyChat Editorial Department

For information on the differences between MT5 and MT4, and the features of MT5, please refer to the following article

Advantages of overseas exchanges in cryptocurrency FX/Bitcoin FX

There are five main advantages to using cryptocurrency FX or overseas exchanges

  1. You can trade cryptocurrency FX/Bitcoin FX with high leverage
  2. A zero-cut system is in place, so no margin calls will occur
  3. They offer generous bonuses that domestic companies don't
  4. A wider selection of tradable stocks than domestic brokers
  5. It is compatible with the high-performance analysis tools "MT4 and MT5"

Let's take a closer look at each one

You can trade cryptocurrency FX/Bitcoin FX with high leverage

The biggest advantage of using an overseas exchange you can trade cryptocurrencies with high leverage .

Overseas cryptocurrency FX exchanges generally have no limits on maximum leverage, and offer high leverage of 100x to 1,000x

On the other hand, in Japan, cryptocurrency FX exchanges are regulated to limit the maximum leverage to 2x

By using overseas brokers, you can leverage your capital to make large trades and potentially earn profits .

A zero-cut system is in place, so no margin calls will occur

By using overseas exchanges, you can trade without margin calls thanks to the zero-cut system

A zero-cut system is a system where, if a stop-loss order is not executed in time and the balance reaches zero, the broker covers the loss . The trader's account balance becomes zero, but the advantage is that losses exceeding the margin deposit cannot be incurred.

Because the zero-cut system prevents margin calls, you don't have to worry about incurring large debts .

They offer generous bonuses that domestic companies don't

Another advantage of cryptocurrency FX/overseas exchanges is you can take advantage of generous bonuses that are not available with domestic brokers .

In particular, overseas forex brokers are running generous bonus campaigns, including no-deposit account opening bonuses and bonuses based on deposit amounts and trading volume

Bonus details vary from exchange to exchange, but using bonuses allows you to trade with less of your own capital .

A wider selection of tradable stocks than domestic brokers

Another advantage of overseas brokers is that they offer a wider variety of cryptocurrencies than domestic brokers

Overseas cryptocurrency FX exchanges offer a significantly larger number of cryptocurrencies than domestic cryptocurrency FX exchanges they handle not only major cryptocurrencies like Bitcoin, but .

Among overseas exchanges, those specializing in cryptocurrencies offer a particularly large number of listed cryptocurrencies, increasing the likelihood of finding promising altcoins or cryptocurrencies with future potential

It is compatible with the high-performance analysis tools "MT4 and MT5"

Furthermore, a major advantage of overseas cryptocurrency FX exchanges is the availability of high-performance tools such as "MT4/MT5" and cutting-edge tools like Tradingview

MT4 and MT5 are world-leading platforms developed by Russia's MetaQuotes GmbH , boasting excellent technical analysis capabilities and customization options. They also support automated trading Expert Advisors (EAs) and are favored by many traders in cryptocurrencies and forex.

Furthermore, platforms equipped with Tradingview from overseas exchanges offer unlimited access to world-class, advanced technical analysis enabling fast and precise chart analysis

One advantage of trading cryptocurrencies overseas is that you can use advanced features that are not available on domestic exchanges, all for free

Disadvantages of overseas exchanges in cryptocurrency FX/Bitcoin FX

Next, let's look at four disadvantages of cryptocurrency FX/overseas exchanges

  1. There is a risk of losing money through high-leverage trading
  2. You may encounter difficulties with procedures at overseas exchanges that do not support Japanese
  3. It does not have a financial license issued by the Japanese Financial Services Agency
  4. Profits earned from overseas exchanges are subject to progressive taxation

Let's take a closer look at each of them

There is a risk of losing money through high-leverage trading

High-leverage trading offers the advantage of allowing you to trade with more capital than you actually have, but it also carries the risk of losing all your margin

For example, if you trade 10,000 yen out of a margin of 1 million yen with leverage of 100 times, a stop-loss order will result in the loss of 10,000 yen x 100 = 1 million yen of your margin

In cryptocurrency trading, which is highly volatile, it is not uncommon to lose all your balance in a short period of time, so caution is advised.

You may encounter difficulties with procedures at overseas exchanges that do not support Japanese

Some overseas forex brokers and exchanges may not have a system in place to support Japanese

Many overseas exchanges are targeting Japanese traders and are making efforts to provide Japanese language support, such as by employing Japanese staff. However, not all overseas exchanges offer Japanese language support .

Some services may not offer sufficient Japanese language support , which could cause confusion when making deposits or withdrawals .

Traders who are not comfortable with English should choose overseas brokers that prioritize Japanese language support

It does not have a financial license issued by the Japanese Financial Services Agency

Overseas cryptocurrency FX exchanges do not hold a financial license issued by Japan's Financial Services Agency .

Overseas cryptocurrency FX exchanges provide services based on the financial licensing regulations of the countries in which they are based

Since Japanese laws and regulations do not apply to overseas cryptocurrency FX exchanges, any problems such as withdrawal refusals or account freezes that occur and result in the loss of funds are entirely the user's responsibility. Therefore, choosing a highly reliable broker is essential.

Profits earned from overseas exchanges are subject to progressive taxation

One important point to be aware of when using overseas exchanges the difference in taxes compared to domestic exchanges .

Even if you trade cryptocurrencies using an overseas exchange, if you reside in Japan, you must pay taxes in accordance with Japanese law

Profits earned through overseas exchanges are classified as "miscellaneous income subject to comprehensive taxation," and the tax rate is determined by combining them with salary income and other income earned from your main job. A "progressive tax system" is used for comprehensive taxation.

What is progressive taxation?

Progressive taxation is a tax system where taxes increase as income rises

Taxable incometax rate
1,000 yen to 1,949,000 yen5%
¥1,950,000 - ¥3,299,00010%
3,300,000 yen to 6,949,000 yen20%
¥6,950,000 - ¥8,999,00023%
¥9,000,000 to ¥17,999,00033%
¥18,000,000 to ¥39,999,00040%
Over 40,000,000 yen45%

In reality, in addition to the above tax rates, there is also a local resident tax (10%) and a special reconstruction income tax (income tax x 2.1%),If your income becomes too high, you will have to pay a large amount of taxesThis is the result

On the other hand, profits earned from trading cryptocurrency FX/Bitcoin FX using domestic exchanges are treated as "miscellaneous income from futures trading" and are subject to a flat tax rate of 20.315%.

It's important to note that the "taxation method" differs depending on whether you use a domestic exchange or an overseas exchange

How to start trading cryptocurrencies on an overseas exchange

Next, we will explain how to actually start trading cryptocurrency FX/overseas exchanges

The general procedure consists of the following three steps:

  1. Register with an overseas exchange
  2. Buy cryptocurrency at a domestic exchange
  3. Sending cryptocurrency from a domestic exchange to an overseas exchange

This section explains how to get started trading on overseas cryptocurrency exchanges .

*For information on opening an account with an overseas forex broker, please refer to "The Complete Guide for Overseas Forex Beginners."

Register with an overseas exchange

To start trading on an overseas exchange, you first need to register and open an account with the overseas exchange you wish to use

Specifically, you will register with an overseas exchange by following these steps:

  1. Access the official website of the overseas exchange
  2. Tap the "New Registration/Open Account" button
  3. Complete the procedures, such as entering personal information
  4. Submit identification documents

For identity verification, it is common to submit a driver's license or passport

Buy cryptocurrency at a domestic exchange

To start trading on an overseas exchange, you need to deposit funds into the exchange. The easiest way to do this is to purchase cryptocurrency on a domestic exchange and then transfer it .

This is because, due to regulations, overseas exchanges may not accept Japanese yen or may result in errors .

Those who do not have an account with a domestic exchange will need to register and open an account with an overseas exchange, as well as open a new account with a domestic exchange. Those who are already using a domestic exchange can continue to purchase cryptocurrency as is

The easiest cryptocurrency exchanges to use in Japan CoinCheck , Bitbank , and GMO Coin . It's recommended to purchase cryptocurrency on one of these domestic exchanges first.

Sending cryptocurrency from a domestic exchange to an overseas exchange

Once you've purchased cryptocurrency at a domestic exchange, all you have to do is send it to your cryptocurrency address at an overseas exchange

First, you will initiate the process of depositing cryptocurrency into an overseas exchange. This will then display the address of the cryptocurrency wallet to which the funds will be deposited (and to which withdrawals will be made from within Japan)

Next, on a separate screen, you will initiate the withdrawal (transfer) procedure at a domestic exchange. Copy and paste the address from the overseas exchange into the withdrawal screen of the domestic exchange and send the funds

The following information is required for the transfer:

  • Types of cryptocurrencies
  • Currency network
  • withdrawal address
  • Amount to send

When sending cryptocurrency,Please be sure to use the built-in copy buttonPlease do so

If you send the money to the wrong address, it will be considered a misdelivery and you will not be able to recover the funds

MoneyChat Editorial Department

Once the cryptocurrency transfer from your domestic exchange to your overseas exchange is successfully completed, you can start trading cryptocurrencies anytime!

Frequently Asked Questions about Cryptocurrency FX/Overseas Exchanges

Finally, we have compiled a list of frequently asked questions regarding cryptocurrency FX/overseas exchanges

Which is more profitable, cryptocurrency or forex trading?

It's impossible to say definitively whether cryptocurrency or forex trading is more profitable, as it .

Cryptocurrencies a track record of increasing in value several times, even hundreds of times, , offering the dream of striking it rich. However, their extreme volatility also means they carry correspondingly high risks. On the other hand, FX trading has relatively smaller price fluctuations, the capital efficiency achieved through leverage and stable 24-hour liquidity.

Is it true that cryptocurrency FX trading is available 24 hours a day, 365 days a year?

yes,Cryptocurrency FX trading is available 24 hours a day, 365 days a year

While forex trading is limited to weekdays, cryptocurrency forex trading can be conducted on weekends as well, since exchanges operate 24 hours a day, 365 days a year

Since you can trade on your days off without having to look at charts during work breaks or commutes, it's also recommended for office workers.

Is it illegal for Japanese citizens to use overseas exchanges?

no,It is not illegal

The Financial Services Agency has issued a warning about unregistered overseas companies, but it is not illegal to use an overseas company of your own free will. However, it important to note that you will be solely responsible for any .

Is it possible to offset profits and losses from cryptocurrency FX against those from forex FX?

Yes. Profits and losses from cryptocurrency and FX trading obtained through overseas brokers are both considered "miscellaneous income subject to comprehensive taxation," so it is possible to offset them .

However, you cannot combine the earnings from domestic and overseas companies

The tax system for cryptocurrencies and forex trading differs depending on whether you use a domestic or overseas broker

Do I have to declare all profits from overseas exchanges?

Traders residing in Japan are subject to taxes under Japanese lawEven profits earned from overseas exchanges must be declared

Failure to file a tax return will not only result in a detailed scrutiny of income and expenses during a tax audit, but also..You may be subject to additional taxes, late payment penalties, and fines

Because the risk of tax evasion is high, make sure to properly declare any profits earned from overseas transactions in accordance with the rules

summary

This time, we introduced our recommended overseas exchanges for cryptocurrency FX/Bitcoin FX in a ranking format . When it comes to overseas brokers that handle cryptocurrencies, you can choose from two types: overseas FX brokers that specialize in FX and overseas exchanges that specialize in cryptocurrencies.

The best overseas forex broker or exchange for you will depend on what you prioritize

Considering the pros and cons, let's start trading cryptocurrencies with a broker that suits your individual goals!

MoneyChat Editorial Department

Furthermore, using overseas forex brokers and exchanges is more advantageous when done through our website, "Money Charger (Manecha)". A portion of the spread is accumulated as cash

For information on how to use cashback websites, please refer to this article

If you're interested after reading this article

Register in 1 minute!

Get cashback now

Register now for free →

Registration takes 1 minute and has no fees