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 - Uruguay
| 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 | $50 | — | | Yes | FCA | Open |
| 3.7 | $5 | — | MT5 MT4 | Yes | CySEC | Open |
| 3.8 | $0 | — | MT5 MT4 | Yes | FCA | Open |
| 3.9 | $25 | — | MT5 MT4 | Yes | CySEC | Open |
As a trader based in Montevideo, you know that EUR/JPY is not just another pair — it directly impacts Uruguay's import costs for European machinery and Japanese electronics. When the Euro weakens against the Yen, your trading strategy needs to account for how this affects local businesses shipping goods from the EU. The best window for trading EUR/JPY from Uruguay is the London-NY overlap, which runs from 13:00 to 16:30 local time (UTC+0), when you can catch the highest liquidity. I recommend depositing via USDT TRC20 from Uruguay — it's fast, avoids traditional banking delays, and keeps your account in USD. Under
FCA/
ASIC regulation, you can access up to 1:500 leverage, giving you serious firepower for intraday moves. TradingView is ideal for Uruguay traders because its cloud-based platform works even if your internet connection dips in areas outside the capital. Whether you're in Montevideo, Salto, or Punta del Este, TradingView's lightweight charts load quickly and integrate seamlessly with brokers like Pepperstone. The key is to set your alerts for the overlap session and use USDT TRC20 to fund your account without waiting days for bank transfers.
EUR/JPY Live Chart - TradingView
Real-time data · Powered by TradingView
Open full chartTop 10 TradingView brokers for EUR/JPY in Uruguay

#1 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
TradingViewMT5MT4cTraderIslamic account
Pros for Uruguay
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Uruguay
- 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 Uruguay
+ Islamic swap-free account
+ Low deposit ($50)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Uruguay
- 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 Uruguay
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for Uruguay
- 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 Uruguay
+ Islamic swap-free account
+ Low deposit ($10)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uruguay
Cons for Uruguay
- 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 Uruguay
+ Islamic swap-free account
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in Uruguay
Cons for Uruguay
- 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 Uruguay
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uruguay
Cons for Uruguay
- 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.
Islamic account
Pros for Uruguay
+ Islamic swap-free account
+ Low deposit ($50)
+ Available in Uruguay
Cons for Uruguay
- 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 E-wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.
MT5MT4Islamic account
Pros for Uruguay
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uruguay
Cons for Uruguay
- 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.

#9 HotForex HFM
FCA,CySEC,DFSA,FSC,FSA,SFSA
MT5MT4Islamic account
Pros for Uruguay
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uruguay
Cons for Uruguay
- 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 Uruguay
+ Islamic swap-free account
+ Low deposit ($25)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uruguay
Cons for Uruguay
- 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 EUR/JPY on TradingView?
EUR/JPY is the cross rate between the Euro and Japanese Yen, and for Uruguay traders, its movements are tied to EUR/USD dynamics, which affect all international trade and travel in our country. When the Euro strengthens against the Yen, it often signals shifts in European import demand — directly impacting Uruguay's export costs for agricultural goods to the EU. Montevideo-based traders on TradingView use this pair to capture volatility during the London-NY overlap, setting up 15-minute charts to spot patterns. A standard lot (100,000 units) moves 1 pip = $10 USD, so if you're a trader in Montevideo with a $1,000 account and you trade 0.1 lots, each pip is worth $1 USD. That means a 50-pip daily range could move your account by $50 — a 5% swing on your $1,000 balance. TradingView's custom indicators, like Bollinger Bands and RSI, help Uruguay traders identify when EUR/JPY is overextended, especially during the volatile 13:00-16:30 window. Remember, Uruguay's economy is small and open, so EUR/JPY trends often mirror global risk appetite that affects our peso too. By using TradingView's multi-timeframe analysis, you can align your EUR/JPY trades with broader USD and JPY flows. For Uruguay traders, this pair offers a pure play on European and Japanese monetary policy without direct local exposure, making it a clean speculative instrument.
EUR/JPY CFDs vs Futures
For Uruguay traders, EUR/JPY CFDs are far more practical than futures because you cannot easily access US futures exchanges without a US bank account or brokerage. Imagine you have $1,000 margin in your account — converting that to USD is straightforward since your broker already holds it in USD, and at current rates that's exactly $1,000. With CFDs, you deposit via USDT TRC20 from Uruguay, no US bank needed, and you can open a trade with just $50. The 1:500 leverage available on CFDs lets you control a $50,000 position with $100 margin, whereas futures would limit you to much lower leverage and require a US-based futures broker. Pepperstone, which accepts Uruguay traders, offers TradingView integration for EUR/JPY CFDs with spreads as low as 0.0 pips. This is the Uruguay trader's guide to bypassing traditional barriers — CFDs give you speed, flexibility, and local payment methods.
Best trading times - EUR/JPY from Uruguay
When the London session opens at 08:00 UTC+0, it's 08:00 in Uruguay — morning time, perfect for Montevideo traders to review overnight charts and plan entries. The best window for EUR/JPY is the London-NY overlap from 13:00 to 16:30 local time — this is early afternoon in Uruguay, when you’ve finished lunch and volatility peaks. At 13:00, both European and American traders are active, creating tight spreads and strong trends on EUR/JPY. The NY close at 22:00 UTC+0 is 22:00 in Uruguay — late night, so most local traders will have closed positions or set stops earlier. One unique tip: set TradingView alerts for EUR/JPY at 12:45 local time (15 minutes before the overlap) with a sound notification, so you can prepare your entry while still at work or commuting. This way, Uruguay traders never miss the key 13:00-16:30 window even if they have daytime responsibilities.
Economic calendar - EUR/JPY
Key economic events - Uruguay
Key EUR/JPY events for Uruguay traders include the ECB Rate Decision (usually 12:15 UTC+0, so 12:15 local), Fed FOMC (18:00-19:00 UTC+0, so 18:00-19:00 local), US CPI (12:30 UTC+0, local 12:30), Eurozone CPI (09:00 UTC+0, local 09:00), and US NFP (12:30 UTC+0, local 12:30). These events affect EUR/USD directly, which then impacts Uruguay's import/export costs — a stronger dollar raises prices for US goods in Uruguay. Set TradingView's economic calendar to show these events in UTC+0, and configure alerts 30 minutes before each release. One specific strategy: Montevideo traders should close or reduce positions 30 minutes before FOMC at 18:00 local, as EUR/JPY can gap 80+ pips. After the event, wait 15 minutes for the initial spike to settle, then enter with a tight stop on the 5-minute chart.
Execution & slippage - Uruguay
In Uruguay, internet quality varies by region — VPS may be recommended for scalping strategies, especially if you live outside fiber-optic areas. For TradingView + EUR/JPY execution, a VPS ensures your browser-based platform doesn't lag during the 13:00-16:30 peak hours. If your ping to London or New York is above 150ms, you'll experience slippage of 1-3 pips on EUR/JPY during news events. TradingView's browser nature helps Uruguay traders because it avoids software installs and works on low-spec laptops, but it can hurt you if your Wi-Fi drops mid-trade. I recommend using a VPS hosted in London (closest major server to Uruguay) for EUR/JPY, which reduces slippage to under 0.5 pips. For Uruguay traders outside Montevideo, a $10/month VPS is a small price to avoid getting stopped out by a connection blip.
Islamic accounts & swap fees - Uruguay
Uruguay has a 0% Muslim population, so Islamic accounts are not a religious necessity here, but they are available as an option for any trader who wants to avoid overnight swap fees. For EUR/JPY, the overnight swap cost is typically around $3-5 per standard lot per night in USD, which adds up to $21-35 per week for a Montevideo trader holding a 0.5 lot position. Among the top brokers, Pepperstone, AvaTrade, Exness, IC Markets, XM Group, OctaFX, HotForex HFM, Vantage, eToro, and FBS all offer Islamic accounts — you just need to request it in your account settings. On TradingView, once you connect your swap-free broker account, the platform will show zero swap charges for positions held overnight. For Uruguay traders, swapping is rarely a concern unless you hold for weeks; a typical intraday trade avoids swaps entirely. Compare that $21-35 weekly swap to a potential monthly profit of $200-500 on a $1,000 account — it's manageable but worth noting if you scalp.
Risk management - Uruguay
For Uruguay traders starting out, appropriate capital is $500-1000 USD — that's enough to trade 0.1 lots of EUR/JPY with reasonable risk. With a $1,000 account, never risk more than 1-2% per trade, meaning your maximum loss per trade is $10-20 USD. Given EUR/JPY's daily range of 50-150 pips, a stop-loss of 20 pips on a 0.1 lot position would equal a $20 loss — right at your 2% limit. Uruguay's 1:500 leverage magnifies this: with $100 margin, you can control a $50,000 position, but a 20-pip move against you wipes 20% of your account if you're not careful. Use TradingView's built-in risk calculator to set position size based on your stop distance in pips. For Uruguay traders, always set a stop-loss before entering — the volatility at 13:00 local can spike 30 pips in seconds.
Scam warnings - Uruguay
In Uruguay, fake TradingView broker apps and WhatsApp/Telegram signal groups targeting Montevideo traders are rampant — they promise 'guaranteed' EUR/JPY signals for a $50 fee. Red flags include unregulated brokers that claim to be 'licensed in Uruguay' but aren't on the
FCA/
ASIC register, and fake celebrity endorsements from local influencers. To verify, check the official FCA or ASIC register at broker.tradingview.com; only brokers listed there are legitimate. If you suspect a scam, report it to FCA/ASIC via their online portals — Uruguay's central bank does not regulate forex, so international regulators are your recourse. Warning: never trust promises of instant USD withdrawals via local banks; real brokers process via USDT TRC20 or bank transfer within 1-3 days. Stay safe by only using brokers from the list above.
Related guides for Uruguay traders
More Uruguay broker guides
FAQ - Best TradingView Brokers for EUR/JPY in Uruguay
Which broker offers the best TradingView integration for EUR/JPY in Uruguay?+
How do I deposit to a TradingView broker from Uruguay in USD?+
What is the best time to trade EUR/JPY on TradingView from Uruguay?+
Is TradingView and EUR/JPY CFD trading legal in Uruguay?+
What is the maximum leverage for EUR/JPY trading in Uruguay?+
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.