This OANDA Japan review explores the broker’s domestic operations under Japanese financial regulation, focusing on trading conditions, account structure, and client protections. OANDA Japan is tailored to meet the rigorous compliance and transparency standards set by the Japanese Financial Services Agency (JFSA), offering highly secure and localized trading services.

Regulation and Safety

OANDA Japan Inc. is authorized and regulated by the Financial Services Agency (JFSA) of Japan and is a member of the Financial Futures Association of Japan (FFAJ), Registration No. 1571.

Safety and compliance measures include:

• Segregation of client funds with domestic custodians
• Strict JFSA audit and capital adequacy standards
• Participation in the Investor Protection Fund in Japan
• Mandatory risk disclosure and reporting protocols

Execution Model and Trading Platforms

OANDA Japan provides a transparent STP (Straight Through Processing) model for most account types, offering market-based execution with deep liquidity.

Trading platforms include:

• OANDA Japan fxTrade: Localized proprietary platform optimized for Japanese users
• MetaTrader 4 (MT4): Full support for EAs, indicators, and mobile trading

Execution is fast and consistent, with low slippage. API and VPS services are also available for automated and institutional trading.

Markets and Instruments

OANDA Japan focuses primarily on forex and metals trading:

• Forex – 70+ currency pairs including JPY crosses
• Precious metals – Gold and silver
• Cryptocurrencies – Limited offerings via CFD (availability subject to regulation)

CFD trading on indices, commodities, or stocks is not supported in Japan due to local rules.

Accounts, Spreads and Leverage

OANDA Japan offers two main account types:

• Standard Account: Floating spreads from 0.3 pips (USD/JPY), no commission
• Pro Account: Lower spreads with volume-based rebates, available to high-volume clients

Trading conditions:

• Minimum deposit: None
• Maximum leverage: 1:25 (regulated by JFSA)
• Stop-out level: 50%
• Islamic/swap-free accounts not available

Funding and Base Currencies

Deposits and withdrawals are processed via domestic channels:

• Japanese bank transfers (Furikomi)
• ATM deposits (real-time where supported)

Accounts are denominated in Japanese Yen (JPY) only. All funding is processed through local banks, typically within 24 hours. No third-party or international payment methods are accepted.

Client Protections and Features

OANDA Japan provides robust client safeguards:

• Negative balance protection per FFAJ policy
• Investor Protection Fund participation
• Real-time margin alerts and risk controls
• Secure trading environment with SSL encryption and 2FA

Additional features include proprietary economic analysis, JPY-focused research, and native-language support and education.

Institutional and Retail Offering

OANDA Japan targets retail and semi-professional clients:

• Retail – MT4 and fxTrade platforms, mobile apps, and local support
• Pro – Tailored liquidity, API trading, and custom pricing tiers

No prime brokerage or white-label services are offered under the Japanese entity.

Pros

• JFSA and FFAJ-regulated with strong fund protections
• JPY-optimized trading infrastructure
• No minimum deposit requirement
• MT4 and proprietary Japanese-language platforms
• Reliable STP execution with localized liquidity

Cons

• Leverage restricted to 1:25 by regulation
• Only JPY-denominated accounts available
• No international funding methods supported
• Limited CFD and asset variety due to local restrictions

Frequently Asked Questions

Is OANDA Japan regulated?

Yes, OANDA Japan is regulated by the Financial Services Agency (JFSA) and is a member of the FFAJ.

What platforms does OANDA Japan support?

Clients can trade using the OANDA fxTrade proprietary platform and MetaTrader 4 (MT4).

What is the leverage at OANDA Japan?

OANDA Japan offers a maximum leverage of 1:25, in line with JFSA regulatory limits.

Can I deposit in currencies other than JPY?

No, OANDA Japan only accepts and operates in Japanese Yen (JPY).

Are cryptocurrency CFDs available in Japan?

OANDA Japan offers limited crypto CFDs, but availability depends on evolving Japanese regulation.