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
EUR/JPY Broker Comparison - Armenia
| Broker | Score | Deposit | Spread | Platforms | Islamic | Reg | |
|---|
| 4.2 | $0 | — | MT5 MT4 | No | FCA | Open |
| 3.7 | $0 | — | TV MT5 MT4 | Yes | FCA | Open |
| 4.4 | $0 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.3 | $100 | — | MT5 MT4 cT | Yes | CBI | Open |
| 3.1 | $100 | — | | No | FCA | Open |
| 3.9 | $20 | — | MT5 MT4 | Yes | CySEC | Open |
| 3.8 | $50 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.1 | $0 | — | MT5 MT4 | Yes | CySEC | Open |
| 3.3 | $100 | — | MT5 MT4 | Yes | FCA | Open |
| 3.6 | $200 | — | MT5 MT4 cT | Yes | ASIC | Open |
Armenian traders in Yerevan seeking the best TradingView brokers with low EUR/JPY spreads benefit from the country's strong USD exposure in international trade, which makes EUR/JPY a key hedging instrument. The optimal local trading window between 13:00 and 16:30 UTC+0 aligns with the London-NY overlap, offering tighter spreads for active participants. Many traders in the capital prefer regulated brokers under
FCA or
ASIC jurisdiction to ensure fund security while using USDT TRC20 deposits for fast, low-cost funding. The availability of 1:500 leverage allows local retail accounts to maximize exposure on EUR/JPY with relatively small USD margins. Armenia's economy, heavily reliant on remittances and foreign trade, creates natural demand for euro and yen pairs among speculators and hedgers alike. Yerevan-based traders increasingly rely on TradingView's charting tools to analyze EUR/JPY volatility during these peak hours. With USDT deposits becoming the norm, brokers like AvaTrade, Exness, and IC Markets offer streamlined access for Armenian clients. The combination of low spreads, high leverage, and reputable regulation makes these brokers ideal for Armenia's growing forex community.
EUR/JPY Live Chart - TradingView
Real-time data · Powered by TradingView
Open full chartTop 10 TradingView brokers for EUR/JPY in Armenia

#1 CMC Markets
FCA,ASIC,MAS,BaFin,FMA
MT5MT4
Pros for Armenia
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Armenia
Cons for Armenia
- No Islamic account
- 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 (Visa and Mastercard), and PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#2 IG
FCA,ASIC,MAS,BaFin,DFSA,FSA
TradingViewMT5MT4Islamic account
Pros for Armenia
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Armenia
- 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 PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#3 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
TradingViewMT5MT4cTraderIslamic account
Pros for Armenia
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Armenia
- 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.

#4 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
MT5MT4cTraderIslamic account
Pros for Armenia
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for Armenia
- 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.

#5 Plus500
FCA,ASIC,CySEC,MAS,FSP,SFSA
Pros for Armenia
+ Low deposit ($100)
+ Available in Armenia
Cons for Armenia
- No Islamic account
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
credit/debit cards, bank transfers, and electronic wallets like PayPal or Skrill
Open Account →Trading involves risk of loss. CFDs are complex instruments.
TM
#6 Tio Markets
CySEC,FSC,FSCA
MT5MT4Islamic account
Pros for Armenia
+ Islamic swap-free account
+ Low deposit ($20)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Armenia
Cons for Armenia
- No TradingView
- Not top-tier regulated
CySEC
CySEC regulatedVerified
Regulated and authorised by the CySEC. Click to verify on official register.
Verify on CySECWithdrawals
Bank wire transfer, Debit/credit card, and E-wallets (like Skrill and Neteller)
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#7 Vantage
FCA,ASIC,CIMA,VFSC
TradingViewMT5MT4cTraderIslamic account
Pros for Armenia
+ Islamic swap-free account
+ Low deposit ($50)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Armenia
- 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.

#8 Equiti
CySEC,FCA,JSC,SCB
MT5MT4Islamic account
Pros for Armenia
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Armenia
Cons for Armenia
- 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 Transfers, Credit/Debit Cards, and E-Wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#9 Tickmill
FCA,CySEC,FSCA,FSA,LFSA
MT5MT4Islamic account
Pros for Armenia
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Armenia
Cons for Armenia
- 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 Transfers, Credit/Debit Cards, and E-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#10 IC Markets
ASIC,CySEC,FSA,SCB
MT5MT4cTraderIslamic account
Pros for Armenia
+ Islamic swap-free account
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in Armenia
Cons for Armenia
- 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.
What is EUR/JPY on TradingView?
EUR/JPY represents the euro against the Japanese yen, a major forex pair traded actively on TradingView by Armenian speculators. For a trader in Yerevan with a 1,000 USD account, the pip value for EUR/JPY is approximately 0.90 USD per standard lot (100,000 units) when the exchange rate is near 160.00. A tick, or one pip movement of 0.01, equates to 1,000 JPY, which converts to about 6.25 USD at current rates. Example trade: buying EUR/JPY at 159.50 with a 0.10 lot (10,000 units) using 1:500 leverage requires only 31.90 USD margin from a 1,000 USD account. If the price rises to 160.50, the 100-pip gain yields 90 USD profit, a 9% return on account. Armenian traders benefit from TradingView's advanced indicators to spot entry points during the London session at 08:00 local time or the overlap at 13:00-16:30. The pair's high liquidity ensures tight spreads, especially with brokers like AvaTrade offering competitive pricing. Understanding pip values in USD is critical for risk management, as local traders often base position sizing on their account currency. This pair is favored for its volatility and correlation with European and Asian economic data.
EUR/JPY CFDs vs Futures
For Armenia traders, EUR/JPY CFDs on TradingView offer distinct advantages over spot forex, including the ability to trade with 1:500 leverage and use USDT TRC20 deposits directly. A USD margin example: trading one standard lot (100,000 units) of EUR/JPY CFD at a price of 160.00 with 1:500 leverage requires only $320 USD margin, compared to $100,000 in spot. CFDs also allow short selling without borrowing costs, which is useful for hedging USD exposure from Armenia's international trade. However, spot forex through a broker like IC Markets provides direct market access with no counterparty risk, though margin requirements are higher. Armenian traders often prefer CFDs for their flexibility in using small account sizes, starting from as little as $50 USD. The lack of physical delivery in CFDs suits speculative strategies during the 13:00-16:30 UTC+0 window. Both instruments are legal in Armenia when offered by
FCA/
ASIC-regulated brokers.
Best trading times - EUR/JPY from Armenia
The best trading times for EUR/JPY from Armenia (UTC+0) begin with the London session opening at 08:00 local time in Yerevan, when liquidity increases as European banks start trading. The optimal window is 13:00 to 16:30 UTC+0, which corresponds to the overlap between London and New York sessions, offering the tightest spreads and highest volume. During this period, Armenian traders can expect EUR/JPY spreads to narrow to their lowest levels, often below 0.5 pips with top brokers. The Tokyo session, active from midnight to 09:00 local time, sees lower volatility but can produce yen-driven moves. Avoid trading during the Sydney session (23:00-08:00 local time) when spreads widen significantly. The 13:00-16:30 window is ideal for scalping and day trading strategies due to increased market participation. Local traders should set alerts for 12:30 local time to prepare for the overlap entry.
Economic calendar - EUR/JPY
Key economic events - Armenia
Key economic events affecting EUR/JPY for Armenia traders occur at specific local times (UTC+0). The European Central Bank (ECB) interest rate decision is announced at 12:15 UTC+0, which is 15:15 local time in Yerevan, falling within the optimal trading window. The Bank of Japan (BOJ) policy statement typically releases at 03:00 UTC+0 or 07:00 UTC+0, corresponding to 07:00 or 11:00 local time. German GDP and CPI data are published at 07:00 UTC+0 (11:00 local time), often moving EUR/JPY by 20-30 pips. US Non-Farm Payrolls at 12:30 UTC+0 (16:30 local time) create high volatility during the overlap. Armenian traders should avoid holding positions through these events unless using guaranteed stop-loss orders. Set economic calendars on TradingView to track these releases in local time.
Execution & slippage - Armenia
Execution quality for EUR/JPY on TradingView from Armenia depends on broker liquidity and local internet stability. The best brokers, like AvaTrade and Exness, offer low-latency execution with minimal slippage during the 13:00-16:30 UTC+0 window. Slippage typically ranges from 0.1 to 0.3 pips during high volatility, but can spike to 1 pip during news events. Armenian traders using USDT TRC20 deposits benefit from instant funding, reducing delays before order placement. Brokers with ECN/STP models, such as IC Markets and Fusion Markets, provide tighter spreads and less slippage compared to market makers. Local internet speeds in Yerevan average 50 Mbps, sufficient for real-time trading, but a wired connection is recommended. To minimize slippage, avoid trading during major data releases like ECB or BOJ announcements without pending orders.
Islamic accounts & swap fees - Armenia
Islamic accounts, also known as swap-free accounts, are available for Armenian traders who require compliance with Sharia law, which prohibits earning or paying interest. These accounts eliminate overnight swap fees for EUR/JPY positions held beyond the daily rollover time. Among the recommended brokers, AvaTrade, Exness, IC Markets, XM Group, Fusion Markets, OctaFX, HotForex HFM, Vantage, FBS, and Tickmill all offer Islamic account options. For EUR/JPY, standard swap rates for long positions are typically negative around -2 to -5 USD per standard lot per night, while short positions may incur positive or negative fees depending on the broker. Islamic accounts allow Armenian traders to hold positions indefinitely without these charges, which is beneficial for swing trading strategies. However, some brokers may charge an administrative fee after a certain period, so check terms with each provider. This feature is particularly relevant for traders in Armenia with smaller accounts who want to avoid compounding swap costs.
Risk management - Armenia
Risk management is critical for Armenian traders using 1:500 leverage on EUR/JPY, as the pair's 50-pip daily range can wipe out a 1,000 USD account with a 0.5 lot position. Apply the 1-2% risk rule: for a 1,000 USD account, risk only 10-20 USD per trade. Using a 20-pip stop loss on a 0.10 lot position (10,000 units) limits loss to 18 USD, within the 2% threshold. Armenian traders should avoid over-leveraging, especially during the 08:00 London open when spreads can widen. Always set stop-loss orders on TradingView before entering trades, and use take-profit levels to lock in gains. Diversify across multiple brokers from our list to reduce counterparty risk. Keep margin levels above 200% to avoid margin calls. Local economic news affecting USD can impact EUR/JPY indirectly, so monitor Armenian dram fluctuations as well.
Scam warnings - Armenia
Armenian traders searching for the best TradingView brokers with low EUR/JPY spreads face scams promising unrealistic spreads below 0.1 pips or unregulated brokers operating from offshore zones. Common scams include fake broker websites that mimic
FCA/
ASIC-regulated firms, and phishing emails requesting USDT TRC20 deposits to fraudulent wallets. Always verify broker regulation on the FCA or ASIC official websites before depositing. Avoid brokers that demand minimum deposits over $500 or guarantee fixed profits. Local scams often target Yerevan traders via Telegram groups offering 'signal services' tied to unregulated brokers. Only use brokers from our curated list like AvaTrade, Exness, or IC Markets, and check for valid licenses. Report suspicious entities to Armenia's Central Bank.
Related guides for Armenia traders
More Armenia broker guides
FAQ - Best TradingView Brokers with Low EUR/JPY Spreads in Armenia
Which broker has the lowest EUR/JPY spread on TradingView in Armenia?+
How do I deposit to a TradingView broker from Armenia?+
What is the best time to trade EUR/JPY from Armenia?+
Is EUR/JPY trading legal in Armenia?+
What leverage is available for EUR/JPY in Armenia?+
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.