Japan Exchange Group
Japan Exchange Group, Inc. (JPX) brokers offer trading through the Japanese financial services corporation based in Tokyo. The exchange was formed by the merger of two of Japan’s largest stock and security exchanges in 2013. This page will run through everything you need to know about the Japan Exchange Group, Inc., including where to find its share prices, its history, trading hours and listing requirements. There is also a handy investing guide that you can use to start trading on the Japan Exchange Group’s different markets. Below is a table of the best brokers with access to the Japan Exchange Group followed by tips for comparing JPX trading platforms.
Japan Exchange Group Brokers
These are the 9 best brokers for trading on the Japan Exchange Group:
-
1
FOREX.comActive Trader Program With A 15% Reduction In Costs
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$1000.01 Lots1:50NFA, CFTCForex, Stocks, Futures, Futures OptionsMT4, MT5, TradingView, eSignal, AutoChartist, TradingCentralWire Transfer, Credit Card, Debit Card, Visa, Mastercard, Skrill, Neteller, ACH TransferUSD, EUR, GBP, CAD, AUD, JPY, CHF, PLN -
2
DNA Markets
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$1000.01 Lots1:500ASICCFDs, Forex, Indices, Commodities, Stocks, CryptoMT4, MT5Credit Card, Debit Card, Wire Transfer, BPAY, Skrill, Neteller, Bitcoin Payments, Bitwallet, AstroPay, MastercardUSD, EUR, GBP, CAD, AUD, NZD, SGD -
3
IGForex trading involves risk. Losses can exceed deposits.
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$00.01 Lots1:30 (Retail), 1:250 (Pro)FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOBCFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread BettingWeb, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentralPayPal, Wire Transfer, Mastercard, Credit Card, Visa, Debit CardUSD, EUR, GBP, CAD, AUD, JPY, ZAR, SEK, DKK, CHF, HKD, SGD -
4
Pocket Option50% Deposit Bonus
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$50$1MISABinary Options, Currencies, Commodities, Stocks, Indices, CryptosWeb, MT4, MT5Wire Transfer, Credit Card, Bitcoin Payments, Volet, Perfect Money, Visa, Mastercard, Debit Card, WebMoney, FasaPay, Ethereum Payments, Maestro, JetonCashUSD -
5
RedMars
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
€2500.01 Lots1:30 (Retail), 1:500 (Pro)CySECCFDs, Forex, Stocks, Indices, Commodities, CryptosMT5Credit Card, Wire Transfer, Debit Card, Sticpay, FasaPay, Bitcoin Payments, Trustly, PayPal, Skrill, Neteller, Klarna, Mastercard, VisaUSD, EUR -
6
Interactive Brokers
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$0$1001:50FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMAStocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, CryptocurrenciesTrader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentralCheque, ACH Transfer, Wire Transfer, Automated Customer Account Transfer Service, TransferWise, Debit CardUSD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF -
7
xChief$100 No Deposit Bonus
$100.01 Lots1:1000VFSCCFDs, Forex, Metals, Commodities, Stocks, IndicesMT4, MT5Wire Transfer, Bitcoin Payments, Credit Card, UnionPay, Skrill, Neteller, WebMoney, Perfect Money, Debit Card, Ethereum Payments, FasaPay, VoletUSD, EUR, GBP, JPY, CHF -
8
Plexytrade120% Cash Welcome Bonus
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$500.011:2000UnregulatedCFDs, Forex, Indices, Stocks, Commodities, CryptoMT4, MT5Bitcoin Payments, Ethereum PaymentsUSD, EUR -
9
InstaTrade
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$10.011:1000BVI FSCFISP, CFDs, Forex, Stocks, Indices, Commodities, Cryptos, FuturesInstaTrade Gear, MT4Visa, Mastercard, Wire Transfer, Credit Card, Debit Card, Bitcoin Payments, Ethereum PaymentsUSD, EUR, RUB
This is why we think these brokers are the best in this category:
- FOREX.com - Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
- DNA Markets - DNA Markets is a forex and CFD broker established in 2020. The broker operates two entities in Australia and the offshore jurisdiction, St Vincent and the Grenadines. Traders can access 800+ markets, with a Standard account for beginners and a Raw account for experienced traders. The reliable MetaTrader 4 and MetaTrader 5 platforms are available, alongside Signal Start.
- IG - Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
- Pocket Option - Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders.
- RedMars - Launched in 2020, Cyprus-based RedMars offers competitive spreads on more than 300 instruments and leverage up to 1:500. Three accounts are available - Standard, Pro and VIP - serving a range of budgets and experience levels, with a fast and fully digital account opening process.
- Interactive Brokers - Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
- xChief - xChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders.
- Plexytrade - Established in 2024 and headquartered in Saint Lucia, Plexytrade is an ECN/STP broker. Geared towards active traders, it supports four account options, crypto deposits and withdrawals, plus very high leverage up to 1:2000 made possible by its unregulated status.
- InstaTrade - InstaTrade, based in the British Virgin Islands, is an online broker specializing in fixed income structured products and active trading through CFDs. Its zero-spread accounts, excellent research notably through InstaTrade TV, and access to the popular MT4 alongside its own web-accessible InstaTrade Gear, make it an attractive option for short-term traders at every level.
FOREX.com
"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."
Christian Harris, Reviewer
FOREX.com Quick Facts
| Bonus Offer | Active Trader Program With A 15% Reduction In Costs |
|---|---|
| Demo Account | Yes |
| Instruments | Forex, Stocks, Futures, Futures Options |
| Regulator | NFA, CFTC |
| Platforms | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:50 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN |
Stock Exchanges
FOREX.com offers trading on 14 stock exchanges:
- Australian Securities Exchange (ASX)
- Borsa Italiana
- CAC 40 Index France
- DAX GER 40 Index
- Dow Jones
- Euronext
- FTSE UK Index
- Hang Seng
- Hong Kong Stock Exchange
- IBEX 35
- Japan Exchange Group
- Nasdaq
- S&P 500
- SIX Swiss Exchange
Pros
- Alongside a choice of leading platforms, FOREX.com offers a superb suite of supplementary tools including Trading Central research, SMART Signals pattern scanner, trading signals, and strategy builders.
- FOREX.com offers industry-leading forex pricing starting from 0.0 pips, alongside competitive cashback rebates of up to 15% for serious day traders.
- With over 20 years of experience, excellent regulatory oversight, and multiple accolades including runner-up in our 'Best Forex Broker' awards, FOREX.com boasts a global reputation as a trusted brokerage.
Cons
- Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
- Funding options are limited compared to leading alternatives like IC Markets and don’t include many popular e-wallets, notably UnionPay and POLi.
- Despite increasing its range of instruments, FOREX.com's product portfolio is still limited to forex and CFDs, so there are no options to invest in real stocks, real ETFs or real cryptocurrencies.
DNA Markets
"DNA Markets is an excellent choice for short-term traders familiar with the MetaTrader platforms. The smooth sign-up process also makes it easy to get started while the $100 minimum deposit is accessible. That said, DNA Markets trails the top brokers in education, research and mobile trading. "
DNA Markets Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Indices, Commodities, Stocks, Crypto |
| Regulator | ASIC |
| Platforms | MT4, MT5 |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, SGD |
Stock Exchanges
DNA Markets offers trading on 14 stock exchanges:
- Australian Securities Exchange (ASX)
- CAC 40 Index France
- DAX GER 40 Index
- Dow Jones
- Euronext
- FTSE UK Index
- Hang Seng
- Japan Exchange Group
- Nasdaq
- New York Stock Exchange
- Russell 2000
- S&P 500
- SIX Swiss Exchange
- Toronto Stock Exchange
Pros
- After a recent upgrade, there are now over 800 assets available to trade via CFDs, with a particularly impressive range of 120+ cryptos
- Convenient account funding is available with 7 base currencies, a $100 deposit and a wide range of payment methods
- Short-term trading strategies are permitted including scalping and automated trading using Expert Advisors (EAs)
Cons
- Although it continues to strengthen its client base and reputation, DNA Markets lacks the track record of top brokers like Vantage
- Unlike many alternatives, there are limited educational and research tools for traders seeking an all-in-one solution
- Despite access to MT4 and MT5, there is no proprietary trading app for seamless account management whilst on the go
IG
"IG continues to provide a comprehensive package with an intuitive web platform and best-in-class education for beginners, plus advanced charting tools, real-time data, and fast execution speeds for experienced day traders."
IG Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting |
| Regulator | FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB |
| Platforms | Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral |
| Minimum Deposit | $0 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail), 1:250 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, ZAR, SEK, DKK, CHF, HKD, SGD |
Stock Exchanges
IG offers trading on 20 stock exchanges:
- Australian Securities Exchange (ASX)
- Bombay Stock Exchange
- Borsa Italiana
- Deutsche Boerse
- Dow Jones
- Euronext
- Hong Kong Stock Exchange
- IBEX 35
- Japan Exchange Group
- Korean Stock Exchange
- London Stock Exchange
- National Stock Exchange Of India
- Russell 2000
- S&P 500
- SIX Swiss Exchange
- Shanghai Stock Exchange
- Shenzhen Stock Exchange
- Tadawul
- Taiwan Stock Exchange
- Toronto Stock Exchange
Pros
- The IG app offers a superb mobile trading experience with a clean design that helped it secure Runner Up at our Best Trading App award
- IG offers an extensive collection of professional and engaging educational resources, including webinars, articles, and analysis
- The proprietary web-based platform continues to caters to traders of all levels, with advanced charting tools and real-time market data useful for day trading
Cons
- IG applies an inactivity fee of $12 per month after 2 years, deterring casual investors
- While there is negative balance protection in the UK and EU, there is no account protection or guaranteed stop losses for US clients
- IG has discontinued its swap-free account, reducing its appeal to Islamic traders
Pocket Option
"Pocket Option excels for its easy-to-use web platform which provides a best-in-class user experience for short-term binary traders. The $50 minimum deposit is also accessible for beginners while opening an account is really easy. Looking at the negatives, Pocket Option still trails alternatives in its market offering and regulatory credentials."
Pocket Option Quick Facts
| Bonus Offer | 50% Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos |
| Regulator | MISA |
| Platforms | Web, MT4, MT5 |
| Minimum Deposit | $50 |
| Minimum Trade | $1 |
| Account Currencies | USD |
Stock Exchanges
Pocket Option offers trading on 11 stock exchanges:
- Australian Securities Exchange (ASX)
- CAC 40 Index France
- DAX GER 40 Index
- Dow Jones
- Euronext
- FTSE UK Index
- IBEX 35
- Japan Exchange Group
- Nasdaq
- New York Stock Exchange
- S&P 500
Pros
- The range of payment methods beats the majority of rivals, providing fast, secure and convenient deposits for traders in most countries
- Extremely fast and smooth sign-up process that takes less than 2 minutes
- The MetaTrader platforms offer integrated analysis with helpful technical summaries for short-term traders
Cons
- You need to deposit $1000 to access the extended list of 250+ assets, otherwise just 130+ assets are available
- The MISA is a weak regulator with limited investor protection for retail traders
- The maximum binary contract length of 4 hours is restrictive for longer-term trading strategies. Alternatives like Videforex offer binaries up to 1 month
RedMars
"RedMars is the best fit for experienced day traders familiar with the MetaTrader 5 platform and based in the EU, where the broker is authorized by the CySEC. However, the threadbare education and research tools make it unsuitable for beginners."
RedMars Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Cryptos |
| Regulator | CySEC |
| Platforms | MT5 |
| Minimum Deposit | €250 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail), 1:500 (Pro) |
| Account Currencies | USD, EUR |
Stock Exchanges
RedMars offers trading on 15 stock exchanges:
- Australian Securities Exchange (ASX)
- CAC 40 Index France
- DAX GER 40 Index
- Dow Jones
- Euronext
- Hong Kong Stock Exchange
- IBEX 35
- Japan Exchange Group
- London Stock Exchange
- Nasdaq
- National Stock Exchange Of India
- New York Stock Exchange
- S&P 500
- Shanghai Stock Exchange
- Shenzhen Stock Exchange
Pros
- Getting started on RedMars is incredibly easy - you can be up and running in just a few minutes based on tests
- RedMars offers one of the best platforms for day trading, MT5, hosting 21 timeframes, dozens of analytical tools, flexible templates and algo trading
- Clients in the EU, in particular, can trade with peace of mind knowing RedMars is authorized by the CySEC with up to €20K compensation available through the ICF in the event of bankruptcy
Cons
- While RedMars' spreads are within industry averages, they don't offer a significant edge over the cheapest day trading brokers we've personally used, notably IC Markets
- RedMars falls short for newer traders, with little in the way of education, no beginner-friendly platform, a steep minimum deposit, and inadequate support during testing
- With just 300 instruments, RedMars offers a narrow trading environment, particularly compared to category leaders like BlackBull Markets which offers 26,000 assets
Interactive Brokers
"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."
Interactive Brokers Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies |
| Regulator | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA |
| Platforms | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral |
| Minimum Deposit | $0 |
| Minimum Trade | $100 |
| Leverage | 1:50 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF |
Stock Exchanges
Interactive Brokers offers trading on 15 stock exchanges:
- Borsa Italiana
- CAC 40 Index France
- Chicago Mercantile Exchange
- Euronext
- IBEX 35
- Japan Exchange Group
- Korean Stock Exchange
- London Metal Exchange
- London Stock Exchange
- Nasdaq
- Nasdaq Nordic & Baltics
- New York Stock Exchange
- Russell 2000
- Shenzhen Stock Exchange
- Toronto Stock Exchange
Pros
- The TWS platform has clearly been built for intermediate and advanced traders and comes with over 100 order types and a reliable real-time market data feed that rarely goes offline.
- While primarily geared towards experienced traders, IBKR has made moves to broaden its appeal in recent years, reducing its minimum deposit from $10,000 to $0.
- With low commissions, tight spreads and a transparent fee structure, IBKR delivers a cost-effective environment for short-term traders.
Cons
- TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.
- You can only have one active session per account, so you can’t have your desktop program and mobile app running simultaneously, making for a sometimes frustrating trading experience.
- IBKR provides a wide range of research tools, but their distribution across trading platforms and the web-based 'Account Management' page lacks consistency, leading to a confusing user experience.
xChief
"xChief continues to prove popular with investors looking to trade highly leveraged CFDs on the popular MetaTrader platforms. The broker's rebate scheme and investment accounts will particularly appeal to seasoned traders. However, the lack of top-tier regulatory oversight is a major drawback."
xChief Quick Facts
| Bonus Offer | $100 No Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Metals, Commodities, Stocks, Indices |
| Regulator | VFSC |
| Platforms | MT4, MT5 |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, JPY, CHF |
Stock Exchanges
xChief offers trading on 14 stock exchanges:
- Australian Securities Exchange (ASX)
- CAC 40 Index France
- DAX GER 40 Index
- Deutsche Boerse
- Dow Jones
- Euronext
- FTSE UK Index
- Hang Seng
- Hong Kong Stock Exchange
- IBEX 35
- Japan Exchange Group
- Nasdaq
- New York Stock Exchange
- S&P 500
Pros
- Traders can access a copy trading solution via the MetaQuotes Signals service
- xChief offers STP/ECN execution with low spreads from 0.0 pips and low commission rates starting from $2.50 per side
- The broker offers a turnover rebate scheme geared towards active investors, as well as trading credits and several other occasional bonuses
Cons
- The total range of 150+ assets is much lower than most competitors who typically offer hundreds
- xChief is an offshore broker with weak regulatory oversight from the VFSC, so traders will receive limited safeguards
- Fees and minimums are imposed on most withdrawal methods, including a €60 minimum for SWIFT bank transfers
Plexytrade
"Plexytrade is a newcomer in the brokerage scene with attention-grabbing features like 1:2000 leverage, zero spreads on select instruments and fast execution speeds of less than 46 milliseconds. However, the absence of regulation is a significant concern, while the non-existent research and educational tools place it far behind industry frontrunners."
Plexytrade Quick Facts
| Bonus Offer | 120% Cash Welcome Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Indices, Stocks, Commodities, Crypto |
| Regulator | Unregulated |
| Platforms | MT4, MT5 |
| Minimum Deposit | $50 |
| Minimum Trade | 0.01 |
| Leverage | 1:2000 |
| Account Currencies | USD, EUR |
Stock Exchanges
Plexytrade offers trading on 15 stock exchanges:
- Australian Securities Exchange (ASX)
- CAC 40 Index France
- DAX GER 40 Index
- Dow Jones
- Euronext
- FTSE UK Index
- Hang Seng
- Hong Kong Stock Exchange
- IBEX 35
- Japan Exchange Group
- Nasdaq
- New York Stock Exchange
- Russell 2000
- S&P 500
- SIX Swiss Exchange
Pros
- Despite lacking regulation, Plexytrade provides negative balance protection and reinforces safety protocols by holding client funds in segregated accounts.
- There are various VPS packages starting from $50 per month, but they become complimentary once specific deposit thresholds are reached.
- Plexytrade accommodates a range of trading methods and short-term strategies, including scalping, hedging, and automated trading.
Cons
- Plexytrade lacks regulation in major jurisdictions, significantly increasing the risks of opening an account and depositing funds.
- There are no research and educational materials, falling short of alternatives like IG, while access to the economic calendar is restricted to clients with balances of $500.
- Deposits and withdrawals are exclusively facilitated through cryptocurrencies, as Plexytrade does not support bank cards, bank wire transfers, or e-wallets.
InstaTrade
"Although InstaTrade offers active trading on a comprehensive platform, it stands out with its fairly unique Fixed Income Structured Product (FISP), providing passive investment opportunities with up to 50% returns in 6 months if conditions are met. "
InstaTrade Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | FISP, CFDs, Forex, Stocks, Indices, Commodities, Cryptos, Futures |
| Regulator | BVI FSC |
| Platforms | InstaTrade Gear, MT4 |
| Minimum Deposit | $1 |
| Minimum Trade | 0.01 |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, RUB |
Stock Exchanges
InstaTrade offers trading on 12 stock exchanges:
- Australian Securities Exchange (ASX)
- CAC 40 Index France
- DAX GER 40 Index
- Dow Jones
- Euronext
- FTSE UK Index
- Hong Kong Stock Exchange
- IBEX 35
- Japan Exchange Group
- Nasdaq
- S&P 500
- SIX Swiss Exchange
Pros
- VPS hosting caters to algo trading strategies with a dedicated physical server providing rapid execution speeds as low as 9 milliseconds.
- InstaTrade delivers an excellent suite of charting tools for day traders with its web trader comprising 250+ indicators, 11 chart types and a user-friendly design.
- InstaTrade claims to "guarantee" returns through the structured element of its passive trading solution (FISP), with applications approved within 24 hours.
Cons
- InstaTrade’s growing educational tools provide valuable information for aspiring traders, but still trail category leaders like eToro with no structured course based on experience level.
- InstaTrade sports one of the most cluttered websites and client cabinets in the industry, potentially overwhelming new traders, especially compared to XTB’s intuitive trading journey and resources.
- InstaTrade is registered in the offshore jurisdiction of the British Virgin Islands, resulting in limited regulatory safeguards for retail investors.
Comparing Japan Exchange Group Brokers
Before you can start trading on the Japan Exchange Group’s (JPX) various stock exchanges, you will need to choose between registered brokers. Some top tips to selecting the right JPX brokers include:
Fees
One key thing to compare is the trading fees that Japan Exchange Group brokers will charge. These will vary and, if they are too high, they will eat into your profits. Active day traders should look for low commission fees, particularly if you are planning on placing multiple trades per day.
A complicated fee structure is off-putting, particularly if you cannot find costing information before having to commit to a live profile. The best Japan Exchange Group brokers will publish a transparent pricing guide, broken down by instrument, so you are aware of all costs that will impact your P&L.
Interactive Brokers, for example, provides Tokyo Stock Exchange fees in a clear payment table. This includes a 0.006% charge on all JASDAQ stocks.
Hidden costs later down the line, such as when you want to withdraw funds, are also a significant downside.
Customer Support
Good customer service is another important aspect to look out for. Ensure contact details are clear, whether it’s an email, phone number or live chat. Some of the best JPX brokers today offer 24/7 customer support, with typical response times of less than one minute.
As the Japanese Stock Exchange’s market hours open at 09:00 JST (GMT+9), being able to speak to someone regarding any issues, concerns or for platform guidance within this timeframe is important.
It is also worth considering the style of support. Although many brokers offer chat functionality, many integrate ‘bots’, meaning human interaction is not accessible and may not provide a particularly personable approach.
Strategy Execution
Do the brokers with access to the Japan Exchange Group allow you to implement your strategy with all the tools and resources needed?
If you are a complete beginner, Japan Exchange Group brokers that offer educational content such as videos, keyword glossaries and step-by-step guides should rank highly in your search. For the more experienced day traders, look out for JPX brokers that provide advanced tools and software such as algo bots and technical indicators.
AvaTrade, for example, offers a comprehensive knowledge hub including market analysis tutorials, stock market fundamentals and an overview of order types. Additionally, the broker offers a proprietary copy trading mobile app and monthly Japanese economic indicators including inflation rates and consumer sentiment.
No strategy can be executed without a stable and reliable platform. Japan Exchange Group brokers may offer both bespoke terminals or third-party platforms such as MetaTrader 4. It is worth checking the compatibility of the terminal with your PC devices. You may also want to trade whilst on the move so an iOS, Android or Huawei mobile app may be suitable.
Major Japan Exchange Group brokers typically now all offer simulated environments with virtual funds. Test out execution speeds, functionality and navigation within a demo setting.
What Is The Japan Exchange Group?
The Japan Exchange Group, Inc. (JPX) is a holding company that has ownership of the two largest exchanges in Japan, the Tokyo Stock Exchange (TSE) and the Osaka Exchange (OSE). It is among the world’s five largest exchanges, along with the Shanghai Stock Exchange (SSE), New York Stock Exchange (NYSE), the NASDAQ and the Hong Kong Stock Exchange.
To find today’s stock/share price for the Japan Exchange Group, Inc., along with other useful data, look at online live stock charts on sites like TradingView, Bloomberg or Statista.
Alternatively, major Japan Exchange Group brokers will publish live information regarding stocks and indices so you can keep a finger on the pulse.
History
The Japan Exchange Group, Inc. (JPX) has a relatively short history, only being formed in 2013, but its two main subsidiaries have been around a lot longer. The Tokyo Stock Exchange (TSE) was established in 1878 and trading began on June 1st of that year. The Osaka Exchange (OSE) opened for business in the same year. The two operated individually in their cities for well over 100 years.
In 2011, the Tokyo Stock Exchange and Osaka Exchange decided to merge into one as a solution to slowing market conditions in Japan. In 2012, the Japan Fair Trade Commission approved the merger and the Japan Exchange Group, Inc. launched on January 1st, 2013. On January 4th of the same year, JPX was listed on the Tokyo Stock Exchange. Today, the Osaka Exchange operates out of Tokyo, rather than its original address in the city of Osaka.
Subsidiaries Of The Japan Exchange Group
There are three major subsidiaries of the JPX, the Tokyo Stock Exchange (TSE), Osaka Exchange (OSE) and Japan Exchange Regulation (JPX-R). Each uses the logo of the parent company, the Japan Exchange Group which you may find on your JPX brokers’ platform interface.
Tokyo Stock Exchange
The Tokyo Stock Exchange (TSE) is the biggest member of the Japan Exchange Group and provides a large portion of the total liquidity. The exchange has over 2,200 listed companies, a market capitalization (cap) of USD 5.6 trillion and a trading volume of USD 3.9 trillion. The exchange has a strong dividend yield, reaching an all-time high of 2.7% and averaging around 1.5%.
The stock market and its new Chief Representative in Europe, Hideki Tomita, allied with the London Stock Exchange (LSE) in 2008. Moreover, the London Stock Exchange Group (LSEG) launched the Japan Advisory Group (JAG) to promote and strengthen ties and investor relations between the UK and Japan.
Osaka Exchange
The Japan Exchange Group (JPX) also holds the Osaka Exchange (OSE). The Osaka Exchange is an exclusively digital marketplace, focusing on securities and derivatives. Some of the most traded assets on the exchange are the Tokyo Stock Price Index, Nikkei 225 and Nikkei 225 mini.
Japan Exchange Regulation
The Japan Exchange Regulation (JPX-R) is an independent, self-regulating body for the Japan Exchange Group. This body aims to uphold the integrity of the marketplace and protect both investors and businesses. The JPX-R oversees trading operations on both the TSE and OSE.
Tokyo Stock Exchange Market Sections
The Japan Exchange Group’s largest member, the Tokyo Stock Exchange (TSE), splits listed companies into several sections and is the most recognized on JPX brokers’ platforms. The first section is mostly built up of large companies. There are over 2,000 companies listed in this section. The second section includes mid-sized companies, with over 500 listed. There are also two emerging company’s sections, JASDAQ and Mothers. Finally, there is the Tokyo PRO market, which is a market for professional investors.
Indices
TOPIX
The main index for the Japan Exchange Group (JPX) and Tokyo Stock Exchange is the Tokyo Stock Price Index, known as TOPIX. This is a free-float index that tracks all domestic companies listed on the exchange’s first section (over 2000). The total market capitalization of all TOPIX constituents is around US$3.69 trillion.
The index’s live price and chart can be found online on sites like Yahoo Finance.
Nikkei
The Nikkei 225, also known as the Nikkei Stock Average, Nikkei and Nikkei Index, is another popular index for the Japan Exchange Group’s (JPX) Tokyo Stock Exchange. The Nikkei is a price-weighted index consisting of the top 225 companies on the exchange.
Trading Hours
The trading hours for the Japan Exchange Group (JPX) vary for different assets, although all are only open Monday to Friday, not on the weekend. The main market hours are led by Japan’s Tokyo Stock Exchange (TSE). The Japanese Stock Exchanges opening hours begin at 09:00 JST (GMT+9) when the morning trading session begins. This session ends for lunch at 11:30 JST, before trading begins again with the afternoon session, which runs from 12:30 to 15:00 JST. Japan Exchange Group brokers will reflect these timings within their calendars.
The other member of the Japan Exchange Group (JPX), the Osaka Exchange (OSE), has different extended market hours. The JGB futures trading hours begin with the day session at 08:45 JST. The night session is also extended until 05:30 JST. The night session for the Nikkei VI Futures is from 16:30 to 19:00 JST.
Trading Calendar
The Japan Exchange Group (JPX) has a busy trading calendar filled with different holidays. Japan’s stock exchange calendar differs annually, with market holidays falling on different trading days each year. The last trading day is always December 30th, as the market is closed on New Year’s Eve.
Below, we’ve listed typical holidays throughout the year that the exchange closes for, so you know the schedule and whether the market is open or not. Slight variations may occur per year.
- New Year’s Day – January 1st
- Coming of Age Day – January 11th
- National Foundation Day – February 11th
- Emperor’s Birthday – February 23rd
- Showa Day – April 29th
- Constitution Memorial Day – May 3rd
- Greenery Day – May 4th
- Children’s Day – May 5th
- Marine Day – July 22nd
- Sports Day – July 23rd
- Mountain Day – August 9th
- Respect For The Aged Day – September 20th
- Autumnal Equinox – September 23rd
- Culture Day – November 3rd
- Labor Thanksgiving Day – November 23rd
- New Year’s Eve – December 31st
Details of future holidays and market closures could be found via Japan Exchange Group brokers or through the official exchange website.
Listing Requirements
The Japan Exchange Group imposes different trading rules and listing requirements depending on the market section. To list in the second section, a company must have 400 or more shareholders and at least 2,000 tradeable shares, the market cap of which must be over 1 billion Yen.
To list in the first section, a company requires 800 or more shareholders and 20,000 tradable shares, which must have a market cap of at least JPY 10 billion.
Top Companies
So, who are the biggest players in the Japan Exchange Group (JPX) and specifically on the Tokyo Stock Exchange (TSE)? Here we list the top 5 companies on the Tokyo Stock Exchange with their market capitalization:
- Toyota Motor Corporation – 31.993 trillion Yen
- Keyence Corporation – 14.772 trillion Yen
- Sony Group Corporation – 14.345 trillion Yen
- SoftBank Group Corp. – 11.779 trillion Yen
- Recruit Holdings Co. Ltd. – 9.547 trillion Yen
The best Japan Exchange Group brokers will provide key financial metrics and updates for these major players. Any changes in their share price can have a significant impact on the overall economic health of the exchange group.
Sustainability
The Japan Exchange Group (JPX) is committed to encouraging sustainability within the companies that are listed on it. In recent years, markets have seen a rapid spread of ESG investment, where investors account for environmental, social and governance factors in their evaluations of a company.
The Japan Exchange Group has released several ESG ETFs, as well as the Carbon Efficient Index, which weights the companies based on the carbon emissions per unit of revenue.
How To Start Trading On The JPX
Once you have compared Japan Exchange Group brokers you are ready to start investing on the exchange. We have compiled this simple guide so that you can become a remote investment participant today:
- Fund An Account: Once you’ve found the right JPX broker for you, open an account and deposit some money into the account. Watch out for minimum deposit requirements, plus any fees incurred through currency conversions or transactions.
- Research The Stocks: The next step is simply to figure out which stocks you want to invest in. Take your time with this, look at the prospectuses of different companies and check historical data and trends.
- Buy Stocks: Once you know what you want to buy, take the plunge and invest.
JPX Hints And Tips
Consider these tips and tricks to boost your trading career on the Japan Exchange Group (JPX). Whether you want to buy straight stocks on Japan’s exchange via online brokers or conduct options or margin trading, these pointers may help boost your profits.
Stay Up To Date
Staying in the know is key to trading in any market and it’s no different for the Japan Exchange Group (JPX). Read financial news sites and keep an eye on any press releases from listed companies. Major Japan Exchange Group brokers will publish this information into digestible information snippets meaning you can keep up to date with the latest data within one interface. These will give you that trading knowledge; releases can have an impact on the value of different stocks.
Demo Accounts
If brokers that support trading on the Japan Exchange Group offer a demo account consider using it. These accounts are a great way to perfect your JPX trading methodology and system without having to invest real money. As with any skill, practice makes perfect, and using a demo account could help you out in the long run.
Check The Data
The Japan Exchange Group (JPX) has been going for almost 10 years and its subsidiaries have been going even longer. Before you trade on Japan’s stock exchanges, look through historical market data and trends. These can give a good indication of how a stock or index’s value may behave.
Also look out for when trading halts tend to occur. While these may not block trade in a regular pattern, it is good to know when these have happened in the past and what caused them.
Final Word On Japan Exchange Group Brokers
The Japan Exchange Group (JPX) is an exciting financial group consisting of two very strong exchanges. Even though blockchain and Bitcoin dominate today’s news cycle, keen investors could take advantage of the Japan Exchange Group for equity day trading. With many of the world’s top companies listed on the exchange, as well as several popular indexes, JPX has something for everyone. Check out our guide to getting started, along with our tips and tricks, then open an account with one of the top JPX brokers.
FAQs
Can I Invest In The JPX From The UK?
Yes, you can invest in companies listed on the JPX, or even the exchange company itself, from the UK. The Japan Exchange Group is open to foreign investment and there are many JPX brokers, both Japanese and international, that will support trading.
What Is The Best Stock To Buy On The JPX?
There is no simple answer as to what the best stock is, all prices will rise and fall throughout the year. However, for beginners, the best stocks to trade may be the top-listed companies as they have the highest trading volume and liquidity. Refer to our list of the top 5 companies on the Japan Exchange Group for more information.
Is It Safe To Invest On The JPX?
Day trading on the Japan Exchange Group is secure, with the exchange and listed companies highly regulated by Japanese financial watchdogs. However, if you are trading internationally, ensure you select JPX brokers that are regulated by respective local agencies.
When Is The JPX Open?
The exchange is open Monday to Friday for several sessions depending on the assets you want to trade. The exchange is not open on weekends and also closes for holidays, which can be seen in our opening hour list. This will be reflected across all Japan Exchange Group brokers.