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
NZD/JPY Broker Comparison - Australia
| Broker | Score | Deposit | Spread | Platforms | Islamic | Reg | |
|---|
| 4.4 | $0 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.3 | $100 | — | MT5 MT4 cT | Yes | CBI | Open |
| 3.7 | $0 | — | TV MT5 MT4 | Yes | FCA | Open |
| 4.1 | $50 | — | MT5 MT4 | Yes | BaFin | Open |
| 4.2 | $0 | — | MT5 MT4 | No | FCA | Open |
| 4.1 | $100 | — | TV MT5 MT4 cT | Yes | ASIC | Open |
| 3.8 | $50 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.2 | $0 | — | MT5 MT4 | Yes | FCA | Open |
| 2.9 | $100 | — | TV MT5 MT4 cT | Yes | — | Open |
| 4.2 | $10 | — | MT5 MT4 | Yes | FCA | Open |
Australian forex traders at Sydney desks have a unique advantage when trading NZD/JPY through TradingView, as the pair directly links the commodity-driven kiwi to the safe-haven yen. With Australia’s economy heavily tied to Chinese demand for iron ore and coal, NZD/JPY often reacts to Asian session news flow, making the local 23:00-02:30 UTC+10 window the prime trading slot. Sydney-based traders benefit from overlapping Asian and London liquidity, ensuring tighter spreads during these hours.
ASIC regulation provides a trusted framework, capping leverage at 1:30 to protect retail clients. Most Australian traders fund accounts via Bank Transfer or POLi, with brokers like Pepperstone offering competitive low spreads on NZD/JPY. The best TradingView brokers for low NZD/JPY spreads in Australia combine ASIC oversight with fast execution, allowing locals to capitalise on the kiwi’s sensitivity to dairy prices and Chinese stimulus. Sydney’s timezone means you can catch the London open at 18:00 local time, but the real sweet spot is the overlap. This page compares the top ASIC-regulated brokers that deliver low NZD/JPY spreads directly on TradingView, tailored for Australian traders.
NZD/JPY Live Chart - TradingView
Real-time data · Powered by TradingView
Open full chartTop 10 TradingView brokers for NZD/JPY in Australia

#1 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
TradingViewMT5MT4cTraderIslamic account
Pros for Australia
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Australia
- 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 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
MT5MT4cTraderIslamic account
Pros for Australia
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for Australia
- 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.

#3 IG
FCA,ASIC,MAS,BaFin,DFSA,FSA
TradingViewMT5MT4Islamic account
Pros for Australia
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Australia
- 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.

#4 MultiBank Group
BaFin,ASIC,FSC,CySEC,SCA,CIMA
MT5MT4Islamic account
Pros for Australia
+ Islamic swap-free account
+ Low deposit ($50)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Australia
Cons for Australia
- 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 wires, credit/debit cards, and cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#5 CMC Markets
FCA,ASIC,MAS,BaFin,FMA
MT5MT4
Pros for Australia
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Australia
Cons for Australia
- 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.

#6 Eightcap
ASIC,FCA,SCB,VFSC
TradingViewMT5MT4cTraderIslamic account
Pros for Australia
+ Islamic swap-free account
+ Low deposit ($100)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Australia
- 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 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 Australia
+ Islamic swap-free account
+ Low deposit ($50)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Australia
- 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.
MT5MT4Islamic account
Pros for Australia
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Australia
Cons for Australia
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
International Bank Transfers (Global Money Transfer), Credit/Debit Cards, and E-wallets like Skrill
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#9 FP Markets
Regulation info unavailable
TradingViewMT5MT4cTraderIslamic account
Pros for Australia
+ Islamic swap-free account
+ Low deposit ($100)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Australia
- Not top-tier regulated
Withdrawals
bank wires, credit/debit cards, and electronic or crypto wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#10 Exness
FCA,CySEC,ASIC,FSA,FSCA,CBCS
MT5MT4Islamic account
Pros for Australia
+ Islamic swap-free account
+ Low deposit ($10)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Australia
Cons for Australia
- 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.
What is NZD/JPY on TradingView?
NZD/JPY on TradingView represents the exchange rate between the New Zealand dollar and the Japanese yen, quoted as how many yen per kiwi. For Australian traders, this pair is highly liquid during Sydney hours, especially when Asian markets react to Chinese economic data. A pip for NZD/JPY is 0.01 yen, and the typical pip value for a standard lot (100,000 units) is approximately 1,000 JPY, or about 10.50 AUD at current exchange rates. For a smaller account of 5,000 AUD, a 0.1-lot trade (10,000 units) yields a pip value of 1.05 AUD. Example: a Sydney trader buys NZD/JPY at 90.50 with a 0.1-lot position and a stop loss at 90.00 (50 pips). If stopped out, the loss is 52.50 AUD, within a 1-2% risk rule. TradingView’s intuitive charts let you overlay Bollinger Bands and RSI to spot reversals during the 23:00-02:30 overlap. The pair is sensitive to New Zealand dairy auctions and Japanese monetary policy, making it a favourite for Australian scalpers seeking volatility. Using a broker like Pepperstone with low spreads ensures you capture more pips per trade.
NZD/JPY CFDs vs Futures
For Australian traders using TradingView, NZD/JPY is typically traded as a CFD, not spot forex, due to broker regulatory structures. CFDs allow you to speculate on price movements without owning the underlying currency, with leverage up to 1:30 under
ASIC rules. For example, a 10,000-unit NZD/JPY CFD trade requires approximately 3,333 AUD margin at 1:30 leverage, calculated from the current rate. Spot trading, by contrast, involves direct currency exchange and higher notional amounts, often unsuitable for small accounts. Australian traders prefer CFDs for their flexibility, lower capital requirements, and tight spreads offered by brokers like Pepperstone. However, CFDs incur swap fees for holding positions overnight, while spot trading through a bank lacks leverage and TradingView integration. The choice depends on your strategy: CFDs suit short-term Sydney scalpers, while spot is for long-term hedgers.
Best trading times - NZD/JPY from Australia
For Australian traders in Sydney (UTC+10), the best times to trade NZD/JPY are dictated by market session overlaps. The London session opens at 18:00 local time, but NZD/JPY liquidity is thin until the Asian session picks up. The prime window is 23:00 to 02:30 UTC+10, when both the London and New York sessions overlap with Asian trading. During this period, spreads narrow significantly, and volatility increases as traders react to US economic data and Japanese intervention rumours. The Wellington open at 05:00 local time also boosts NZD/JPY activity, but the 23:00-02:30 slot offers the best balance of tight spreads and price movement. Avoid the Sydney lunch period around 12:00-14:00 when liquidity dries up. Set your TradingView alerts for these hours to capture breakouts.
Economic calendar - NZD/JPY
Key economic events - Australia
Key economic events affecting NZD/JPY for Australian traders occur at specific local times (UTC+10). The Reserve Bank of New Zealand (RBNZ) rate decisions are announced at 14:00 on scheduled Wednesdays, often causing 50-100 pip moves. New Zealand employment data (quarterly) is released at 08:45 on the first Wednesday of each quarter. Japanese CPI and GDP figures come out at 08:50 and 09:50 respectively, with significant impact. The Bank of Japan (BoJ) policy statements are typically at 12:00-14:00, but unscheduled interventions can occur at any time. Chinese industrial production and retail sales (influencing NZD via commodity demand) are released at 12:00 local time. Australian traders should set TradingView alerts 15 minutes before these events to prepare for volatility during the 23:00-02:30 overlap.
Execution & slippage - Australia
Execution quality is critical for Australian traders trading NZD/JPY on TradingView, especially during the 23:00-02:30 UTC+10 overlap. Brokers like Pepperstone and IC Markets offer ECN execution with low latency, minimising slippage even during high-impact news. Australian traders benefit from Sydney-based servers that reduce ping times, with most orders filling within 50 milliseconds. Slippage on NZD/JPY is typically 0.1-0.3 pips during normal conditions, but can widen to 2 pips during Bank of Japan announcements. To mitigate this, use limit orders instead of market orders during news events. TradingView’s integration with brokers like Fusion Markets ensures real-time price streaming, but always check the broker’s execution statistics on their website. For scalpers, choosing a broker with negative balance protection and zero requotes is essential for consistent results.
Islamic accounts & swap fees - Australia
Islamic accounts, also known as swap-free accounts, are available for Australian traders who observe Sharia law, allowing them to hold NZD/JPY positions overnight without earning or paying interest. Brokers offering Islamic accounts in Australia include Pepperstone, AvaTrade, IC Markets, XM Group, Fusion Markets, OctaFX, HotForex HFM, Vantage, eToro, and Tickmill. Swap fees for NZD/JPY are calculated based on the interest rate differential between the New Zealand dollar (currently 5.50%) and the Japanese yen (0.10%), resulting in a positive swap for long positions and negative for shorts. For a standard lot, the daily swap is approximately 5.40 AUD credit for longs and 6.80 AUD debit for shorts. Islamic accounts waive these fees but may have a holding period limit or admin fee. Australian traders should confirm with their chosen broker if swap-free status applies to NZD/JPY specifically, as some brokers exclude certain pairs.
Risk management - Australia
Australian traders trading NZD/JPY on TradingView must adhere to strict risk management, especially given
ASIC’s 1:30 leverage limit. For a 5,000 AUD account, the 1-2% risk rule means risking no more than 50-100 AUD per trade. On a 0.1-lot NZD/JPY position (pip value 1.05 AUD), this allows a stop loss of 48-95 pips. Set stop-loss orders on TradingView before entering, and use a risk-reward ratio of at least 1:2. Sydney traders should avoid over-leveraging during the 23:00-02:30 overlap, as volatility spikes can trigger stops. Diversify across currency pairs and consider hedging with AUD/NZD. Monitor your margin level regularly, as ASIC requires brokers to issue margin calls at 100% and close positions at 50%. Use TradingView’s position size calculator to input your account currency (AUD) and risk percentage for precise lot sizing.
Scam warnings - Australia
Scams targeting Australian traders looking for best TradingView brokers with low NZD/JPY spreads often involve unregulated offshore brokers promising spreads below 0.1 pips. Common tactics include fake
ASIC licences, bonus offers that require high trading volumes, and withdrawal blocks. Australian traders should verify a broker’s ASIC licence on the ASIC Connect register, and avoid brokers that pressure you to deposit via cryptocurrency or credit card. Genuine ASIC-regulated brokers like Pepperstone and IC Markets never promise guaranteed returns. Red flags include lack of physical address in Sydney, poor customer support response times, and negative reviews on Australian forex forums. Always test a broker with a small deposit via Bank Transfer before committing larger funds.
Related guides for Australia traders
More Australia broker guides
FAQ - Best TradingView Brokers with Low NZD/JPY Spreads in Australia
Which broker has the lowest NZD/JPY spread on TradingView in Australia?+
How do I deposit to a TradingView broker from Australia?+
What is the best time to trade NZD/JPY from Australia?+
Is NZD/JPY trading legal in Australia?+
What leverage is available for NZD/JPY in Australia?+
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.