Quick Verdict
🏆 Top Pick OverallPepperstone — 4.4/5 score, regulated by FCA, ASIC
💰 Lowest Min DepositPepperstone — $0 to get started
☪️ Best Islamic AccountPepperstone — swap-free account available
AUD/JPY Broker Comparison - India
| Broker | Score | Deposit | Spread | Platforms | Islamic | Reg | |
|---|
| 4.4 | $0 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 3.8 | $50 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.3 | $100 | — | MT5 MT4 cT | Yes | CBI | Open |
| 4.2 | $10 | — | MT5 MT4 | Yes | FCA | Open |
| 3.6 | $200 | — | MT5 MT4 cT | Yes | ASIC | Open |
| 4.3 | $5 | — | MT5 MT4 | Yes | CySEC | Open |
| 3.7 | $5 | — | MT5 MT4 | Yes | CySEC | Open |
| 3.9 | $0 | — | MT5 MT4 cT | No | ASIC | Open |
| 3.8 | $0 | — | MT5 MT4 | Yes | FCA | Open |
| 3.9 | $25 | — | MT5 MT4 | Yes | CySEC | Open |
For Indian traders navigating the forex landscape from Mumbai, the AUD/JPY pair offers a unique opportunity to capitalize on Asia-Pacific economic flows, especially given India's booming IT and services exports that keep USD/INR in focus. However, with
SEBI restricting domestic forex trading to only four major pairs, accessing AUD/JPY via international brokers on TradingView has become the go-to route. The best TradingView brokers with low AUD/JPY spreads allow you to trade this cross from 18:30 to 22:00 IST — the London-NY overlap — when liquidity peaks and spreads tighten. Using UPI deposits, you can fund your account in minutes, while leverage up to 1:500 lets you maximize exposure with a modest INR outlay. Mumbai-based traders particularly benefit from this setup, as the local timezone (UTC+5.5) aligns perfectly with key global sessions. Pepperstone, AvaTrade, and Exness are among the top-rated brokers offering competitive spreads on AUD/JPY via TradingView, with many also supporting Islamic accounts for Indian traders seeking swap-free trading. By choosing a broker that integrates seamlessly with TradingView, you get advanced charting tools and real-time data, all while complying with SEBI's regulatory framework through international licensing. This combination makes AUD/JPY trading accessible, efficient, and tailored to the Indian trader's needs.
AUD/JPY Live Chart - TradingView
Real-time data · Powered by TradingView
Open full chartTop 10 TradingView brokers for AUD/JPY in India

#1 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
TradingViewMT5MT4cTraderIslamic account
Pros for India
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for India
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#2 Vantage
FCA,ASIC,CIMA,VFSC
TradingViewMT5MT4cTraderIslamic account
Pros for India
+ Islamic swap-free account
+ Low deposit ($50)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for India
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire transfers, credit/debit cards, and major e-wallets/cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#3 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
MT5MT4cTraderIslamic account
Pros for India
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for India
- No TradingView
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICWithdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#4 Exness
FCA,CySEC,ASIC,FSA,FSCA,CBCS
MT5MT4Islamic account
Pros for India
+ Islamic swap-free account
+ Low deposit ($10)
+ MetaTrader 5
+ MetaTrader 4
+ Available in India
Cons for India
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
electronic wallets, bank cards, and cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#5 IC Markets
ASIC,CySEC,FSA,SCB
MT5MT4cTraderIslamic account
Pros for India
+ Islamic swap-free account
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in India
Cons for India
- No TradingView
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICWithdrawals
bank wire transfers, credit/debit cards, and electronic wallets like Skrill
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#6 XM Group
CySEC,ASIC,IFSC,DFSA,FSC
MT5MT4Islamic account
Pros for India
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
+ Available in India
Cons for India
- No TradingView
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICTrading involves risk of loss. CFDs are complex instruments.
MT5MT4Islamic account
Pros for India
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
+ Available in India
Cons for India
- No TradingView
- Not top-tier regulated
CySEC
CySEC regulatedVerified
Regulated and authorised by the CySEC. Click to verify on official register.
Verify on CySECTrading involves risk of loss. CFDs are complex instruments.

#8 Fusion Markets
ASIC,VFSC,FSA
MT5MT4cTrader
Pros for India
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in India
Cons for India
- No Islamic account
- No TradingView
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICTrading involves risk of loss. CFDs are complex instruments.

#9 HotForex HFM
FCA,CySEC,DFSA,FSC,FSA,SFSA
MT5MT4Islamic account
Pros for India
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in India
Cons for India
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wires, credit/debit cards, and e-wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#10 OctaFX
CySEC,SVG FSA,CMA Kenya
MT5MT4Islamic account
Pros for India
+ Islamic swap-free account
+ Low deposit ($25)
+ MetaTrader 5
+ MetaTrader 4
+ Available in India
Cons for India
- No TradingView
- Not top-tier regulated
CySEC
CySEC regulatedVerified
Regulated and authorised by the CySEC. Click to verify on official register.
Verify on CySECWithdrawals
local bank transfers, electronic wallets, and cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.
What is AUD/JPY on TradingView?
AUD/JPY, also known as the 'Aussie-Yen,' represents the exchange rate between the Australian dollar and Japanese yen, and it's a favorite among Indian traders for its volatility and correlation with Asian market sentiment. On TradingView, you can chart AUD/JPY with real-time data from brokers like Pepperstone, AvaTrade, or Fusion Markets, making it easy to spot trends during the London-NY overlap. For a Mumbai-based trader, understanding pip value in INR is crucial: one pip on a standard lot (100,000 units) of AUD/JPY equals 1,000 JPY, which — at an exchange rate of 0.55 INR/JPY — translates to ₹550 per pip. With a mini lot (10,000 units), it's ₹55 per pip, and a micro lot (1,000 units) gives ₹5.5 per pip. Consider this example: a trader in Mumbai with a ₹1,00,000 account deposits via UPI and uses 1:500 leverage to open a 0.1-lot (10,000 units) AUD/JPY trade at 95.50. If the price moves to 95.70 (20 pips), the profit is 20 × ₹55 = ₹1,100, a 1.1% return on account. TradingView's risk management tools, like stop-loss and take-profit, help lock in such gains while limiting losses. For Indian traders, this pair's liquidity spikes during the 18:30-22:00 IST window, making it ideal for scalping or day trading with low spreads.
AUD/JPY CFDs vs Futures
For Indian traders, trading AUD/JPY as a CFD through TradingView is far more practical than spot forex due to
SEBI restrictions. With CFDs, you can trade on margin with leverage up to 1:500 — meaning a ₹10,000 margin controls a ₹50,00,000 position — whereas spot trading via domestic brokers limits you to INR-based pairs only. A Mumbai trader depositing ₹50,000 via UPI can open an AUD/JPY CFD position worth ₹2,50,00,000 with 1:500 leverage, amplifying potential gains from a 10-pip move. Spot forex, by contrast, requires full upfront capital and lacks the flexibility of short selling or hedging. CFDs also offer tighter spreads on TradingView, as brokers like Exness and Vantage stream live pricing from multiple liquidity providers. However, CFDs carry higher swap costs, making Islamic accounts a smart alternative for those avoiding interest. Ultimately, for Indian traders seeking low spreads and high leverage on AUD/JPY, CFDs are the clear winner over spot forex.
Best trading times - AUD/JPY from India
For Indian traders using AUD/JPY on TradingView, timing is everything, and the best window runs from 18:30 to 22:00 IST (UTC+5.5). This is the London-NY overlap, when both the European and American markets are active simultaneously, creating the highest liquidity and tightest spreads for AUD/JPY. The London session opens locally at 13:30 IST, bringing initial volatility from UK economic data, but spreads remain wider until the NY session kicks in at 18:30 IST. From 18:30 to 22:00 IST, you get the best of both worlds: deep liquidity from London banks and speculative flows from New York, making it ideal for executing trades with minimal slippage. Mumbai traders often set their alarms for 18:00 IST to prepare charts on TradingView, catching the start of the overlap. After 22:00 IST, liquidity drops as Asian markets take over, but AUD/JPY remains active due to Australian economic releases around 05:30 IST the next morning. For scalpers, the 18:30-22:00 window is non-negotiable for low spreads.
Economic calendar - AUD/JPY
Key economic events - India
AUD/JPY is highly sensitive to economic events from Australia and Japan, and Indian traders need their local times (UTC+5.5) to trade effectively. Key Australian events like the RBA Interest Rate Decision hit at 09:30 IST, causing 20-40 pip spikes in AUD/JPY. The Australian Employment Change (05:30 IST, first Thursday of the month) and CPI (07:00 IST, quarterly) also drive volatility. From Japan, the BOJ Policy Rate (usually around 20:30-22:00 IST during meetings) and Tankan Survey (05:50 IST, quarterly) can swing the pair by 30-50 pips. The best window for Indian traders is 18:30-22:00 IST, when both London and NY are active, allowing you to react to US data like Non-Farm Payrolls (19:00 IST, first Friday) that indirectly affects AUD/JPY via risk sentiment. Use TradingView's economic calendar to set alerts for these events, and avoid holding positions 15 minutes before major releases to minimize slippage.
Execution & slippage - India
Execution quality for Indian traders trading AUD/JPY on TradingView depends heavily on the broker's liquidity provider network and your internet stability in Mumbai. During the 18:30-22:00 IST overlap, slippage is typically minimal — often 0-0.5 pips — as major brokers like Pepperstone and IC Markets stream prices from multiple banks. However, during Asian or Sydney session openings (around 05:30 IST), spreads widen and slippage can hit 1-2 pips on volatile news. Indian traders using UPI-funded accounts with a 30 Mbps connection usually experience latency under 50ms to broker servers in Singapore or London, which is acceptable for forex. To reduce slippage, use limit orders instead of market orders, and avoid trading during RBI or BOJ announcements. Overall, with a reliable broker and a stable connection, AUD/JPY execution on TradingView from India is smooth and cost-effective.
Islamic accounts & swap fees - India
For Indian traders who follow Islamic Sharia law or simply want to avoid overnight interest charges, Islamic accounts (swap-free) are a valuable option. These accounts eliminate swap/rollover fees on AUD/JPY positions held past 5:00 PM EST, making them ideal for long-term swing traders in Mumbai. Among the top brokers offering Islamic accounts for AUD/JPY on TradingView, Pepperstone provides swap-free accounts for clients in India, as does AvaTrade with its Islamic option. Exness also offers swap-free accounts, though it may apply a small admin fee after a certain period. IC Markets, XM Group, and Fusion Markets all have Islamic account variants, while OctaFX and HotForex HFM include swap-free conditions for Indian traders. Vantage and FBS round out the list, with FBS offering zero-swap accounts on all forex pairs. When choosing an Islamic account, verify with the broker that AUD/JPY is included — most are, but terms vary. This setup lets Mumbai traders hold positions through the London-NY overlap without incurring daily swap deductions, preserving capital for better risk management.
Risk management - India
Risk management for Indian traders trading AUD/JPY on TradingView must account for local account sizes and leverage. A typical Mumbai trader starts with ₹50,000-₹2,00,000 deposited via UPI, and using 1:500 leverage, a ₹1,00,000 account can control up to ₹5,00,00,000 in notional value. To follow the 1-2% risk rule, limit your loss per trade to ₹1,000-₹2,000 on a ₹1,00,000 account. For a 0.1-lot AUD/JPY position (pip value ₹55), this means setting a stop-loss at 18-36 pips — easily achievable during the tight-spread 18:30-22:00 window. Use TradingView's built-in risk calculator to size positions based on INR account balance, and avoid over-leveraging even with 1:500 available. Always factor in INR-USD conversion costs (typically 0.5-1% via UPI) and maintain a risk-reward ratio of at least 1:2. For Mumbai traders, a disciplined approach with stop-losses and take-profits ensures longevity in the volatile AUD/JPY market.
Scam warnings - India
Scams targeting Indian traders looking for the best TradingView brokers with low AUD/JPY spreads are unfortunately common, especially via social media and WhatsApp groups. Fraudsters often promise 'guaranteed profits' of 20-30% monthly on AUD/JPY, using fake TradingView screenshots to lure Mumbai victims. Another tactic is 'clone' brokers that mimic reputable names like Pepperstone or IC Markets but lack
SEBI or
FCA regulation — deposits via UPI go to personal accounts, and withdrawals vanish. To verify a broker, check their license on the FCA,
ASIC, or
CySEC register, and confirm they offer TradingView integration legitimately. SEBI warns Indian traders to only use SEBI-registered or top-tier international brokers. Never share UPI PINs or click on unsolicited links promising low spreads. Stick to the brokers listed here — Pepperstone, AvaTrade, Exness, and others — and always test with a small deposit first.
Related guides for India traders
FAQ - Best TradingView Brokers with Low AUD/JPY Spreads in India
Which broker has the lowest AUD/JPY spread on TradingView in India?+
How do I deposit to a TradingView broker from India?+
What is the best time to trade AUD/JPY from India?+
Is AUD/JPY trading legal in India?+
What leverage is available for AUD/JPY in India?+
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. comparebroker.io may receive compensation from brokers listed on this page.