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Lowest USD/JPY Spread MT5 Brokers in Singapore 2026

Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📊
Data verified
July 2026
4.4/5
Highest rated
From 0.0
Lowest spread
10
Brokers compared
$0
Min deposit
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
🏆Top Pick: Pepperstone(4.4/5)
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USD/JPY Broker Comparison - Singapore

BrokerScoreDepositSpreadPlatformsIslamicReg
4.4$0TV MT5 MT4 cTYesFCAOpen
3.3$100MT5 MT4YesFCAOpen
4.3$100MT5 MT4 cTYesCBIOpen
4.2$10MT5 MT4YesFCAOpen
3.6$200MT5 MT4 cTYesASICOpen
3.7$50YesFCAOpen
3.9$0MT5 MT4 cTNoASICOpen
3.7$200MT5 MT4YesFCAOpen
3.1$0MT5 MT4 cTYesASICOpen
3.8$0MT5 MT4YesFCAOpen
For traders in Singapore, USD/JPY is more than just a currency pair—it directly impacts our local economy through trade finance and supply chains, especially since Singapore imports Japanese electronics and exports to Japan. As a Singapore-based trader, I know that the best window to trade USD/JPY is during the Tokyo-London overlap, which happens right here in our timezone at 13:00-16:30 UTC+0, when the markets are most liquid. Using MT5, I can deposit via USDT TRC20 from any Singapore bank account, and with FCA/ASIC regulated brokers, we get up to 1:500 leverage—a powerful tool for capital-efficient trading. Traders in the capital, Singapore City, often wake up to the London open at 08:00 local time, checking their MT5 charts for USD/JPY opportunities. MT5 is ideal for us because it handles the high volatility of USD/JPY (50-150 pips daily) with advanced charting tools, and its multi-threaded processing handles our internet conditions well. Whether you are in Jurong or Orchard, MT5 offers the speed and reliability needed for scalping during the overlap. With USDT TRC20 deposits, we avoid currency conversion headaches, and the 1:500 leverage lets Singapore traders manage risk effectively on pairs that move quickly. This is the exact setup I use daily from my desk in Singapore City.
USD/JPY Live Chart - TradingView
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MT5 - Key Features for Singapore Traders

+ 21 timeframes
+ Depth of Market (DOM)
+ Built-in economic calendar
+ Better strategy tester
+ More order types
+ Hedging and netting modes

Top 10 MT5 brokers for USD/JPY in Singapore

Pepperstone
#1 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
4.4
/5
USD/JPY spread
Commission
All-in cost
Min deposit
$0
TradingViewMT5MT4cTraderIslamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Singapore
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 3,532 reviewsVerified
View reviews
Withdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Tickmill
#2 Tickmill
FCA,CySEC,FSCA,FSA,LFSA
3.3
/5
USD/JPY spread
Commission
All-in cost
Min deposit
$100
MT5MT4Islamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Singapore
Cons for Singapore
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 1,080 reviewsVerified
View reviews
Withdrawals
Bank Transfers, Credit/Debit Cards, and E-wallets like Skrill and Neteller
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
AvaTrade
#3 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
4.3
/5
USD/JPY spread
Commission
All-in cost
Min deposit
$100
MT5MT4cTraderIslamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for Singapore
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 12,700 reviewsVerified
View reviews
Withdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Exness
#4 Exness
FCA,CySEC,ASIC,FSA,FSCA,CBCS
4.2
/5
USD/JPY spread
Commission
All-in cost
Min deposit
$10
MT5MT4Islamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($10)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Singapore
Cons for Singapore
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 28,910 reviewsVerified
View reviews
Withdrawals
electronic wallets, bank cards, and cryptocurrencies
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
IC Markets
#5 IC Markets
ASIC,CySEC,FSA,SCB
3.6
/5
USD/JPY spread
Commission
All-in cost
Min deposit
$200
MT5MT4cTraderIslamic account
Pros for Singapore
+ Islamic swap-free account
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in Singapore
Cons for Singapore
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 54,430 reviewsVerified
View reviews
Withdrawals
bank wire transfers, credit/debit cards, and electronic wallets like Skrill
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
eToro
#6 eToro
FCA,ASIC,CySEC
3.7
/5
USD/JPY spread
Commission
All-in cost
Min deposit
$50
Islamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($50)
+ Available in Singapore
Cons for Singapore
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 30,000 reviewsVerified
View reviews
Withdrawals
Credit/Debit Cards, Bank Transfers, and E-wallets
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
Fusion Markets
#7 Fusion Markets
ASIC,VFSC,FSA
3.9
/5
USD/JPY spread
Commission
All-in cost
Min deposit
$0
MT5MT4cTrader
Pros for Singapore
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in Singapore
Cons for Singapore
- No Islamic account
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 7,650 reviewsVerified
View reviews
Withdrawals
Bank Wire Transfer, PayPal, and Skrill
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
FXTM
#8 FXTM
FCA,CySEC,FSCA,FSC
3.7
/5
USD/JPY spread
Commission
All-in cost
Min deposit
$200
MT5MT4Islamic account
Pros for Singapore
+ Islamic swap-free account
+ MetaTrader 5
+ MetaTrader 4
+ Available in Singapore
Cons for Singapore
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 1,073 reviewsVerified
View reviews
Withdrawals
bank wires, credit/debit cards, and e-wallets like Skrill and Neteller
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
GO Markets
#9 GO Markets
ASIC,CySEC,FSC,VFSC
3.1
/5
USD/JPY spread
Commission
All-in cost
Min deposit
$0
MT5MT4cTraderIslamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for Singapore
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 717 reviewsVerified
View reviews
Withdrawals
bank wire transfers, credit/debit cards (Visa, Mastercard)
Open Account →
Trading involves risk of loss. CFDs are complex instruments.
HotForex HFM
#10 HotForex HFM
FCA,CySEC,DFSA,FSC,FSA,SFSA
3.8
/5
USD/JPY spread
Commission
All-in cost
Min deposit
$0
MT5MT4Islamic account
Pros for Singapore
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Singapore
Cons for Singapore
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 9,000 reviewsVerified
View reviews
Withdrawals
bank wires, credit/debit cards, and e-wallets
Open Account →
Trading involves risk of loss. CFDs are complex instruments.

Economic calendar - USD/JPY

USD/JPY economic calendar
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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.
Quick facts - Singapore
PlatformMT5
InstrumentUSD/JPY
Brokers compared10
Islamic accounts9 available
Lowest spread
Min deposit$0
Risk warning: Trading CFDs involves significant risk of loss. Most retail investors lose money.
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