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USDJPY · Major forex pair

Trade USD/JPY

Trade USD/JPY (USDJPY) on Mega1 or MetaTrader 5 with Pro raw pricing or Standard all-in spreads.

Open an account Profit calculator
Maximum leverage
Up to 1000:1*
Minimum trade
0.01 lot
Contract size
100,000 USD

*Exposure-based margin bands apply incrementally per symbol. Availability depends on account, platform and jurisdiction.

USD/JPY

Indicative USDJPY prices · US Dollar / Japanese Yen

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SellBid — BuyAsk —
Spread— pips
Indicative mid · Loading —
Connecting price history Live bid and ask remain available while the chart loads.

USD/JPY daily indicative candlestick chart is loading.

Indicative prices Waiting for quote

USD/JPY overview

What is USDJPY? US Dollar against Japanese Yen.

USD/JPY shows how many units of JPY are needed to buy one unit of USD. A rising price means USD is strengthening against JPY; a falling price means the reverse. USDJPY is closely watched for shifts in US and Japanese yields, Bank of Japan policy, carry-trade demand and the risk of official commentary or intervention in the yen.

Symbol
USDJPY
Pip size
0.01
Price precision
3 digits
Profit currency
JPY
Minimum volume
0.01 lot
Volume step
0.01 lot
Central banks

Interest-rate expectations

Changes in expected Federal Reserve and Bank of Japan policy can shift rate differentials and demand for USD and JPY.

Economic data

Inflation and employment

Inflation, wage, employment and growth data can change the market's view of each economy and its likely policy path.

Market flows

Liquidity and risk sentiment

Global risk appetite, funding demand and session liquidity can affect the pair as well as its available spread.

Two pricing choices

Compare USDJPY spreads and trading costs.

Compare account types
Π

Raw pricing

Pro

Variable spreads from 0.0 pips

FX commission
$2.75 per $100k traded
Platforms
Mega1 & MetaTrader 5
Σ

All-in spread

Standard

Spreads from 1 pip

FX commission
No separate commission
Platforms
Mega1 & MetaTrader 5

Spreads are variable and can widen. The stated minimum is not a universal or guaranteed spread. Swaps may apply to positions held across rollover. Account and platform availability varies.

Exposure-based margin

How USDJPY leverage and margin bands work.

USD/JPY margin is applied incrementally by the total notional exposure in USDJPY. Crossing a threshold does not reprice the margin already assigned to lower bands; only the additional exposure uses the next rate.

How exposure-based margin works
USDJPY margin schedule Published schedule
Additional notionalLeverageMargin
$0–$500K1000:10.10%
$500K–$2M500:10.20%
$2M–$5M200:10.50%
$5M–$15M100:11.00%
$15M–$50M50:12.00%
$50M–∞20:15.00%

USD notional bands. The live platform specification remains authoritative.

Contract details

USDJPY contract specifications.

Review volume, carrying-cost and session information before placing a trade. Values below are refreshed from the published XBTFX specification service.

Contract size
100,000 USD
Minimum / maximum volume
0.01 lot / 100 lots
Volume step
0.01 lot
Quote / profit currency
JPY
Swap long
5.55 points
Swap short
−21.39 points
Three-day swap
Friday
Published session
00:00–24:00 platform time
Open full USDJPY specifications

Sessions and swap values may change for holidays, liquidity conditions and scheduled maintenance.

Plan a scenario

Calculate USDJPY profit and pip value before you trade.

For one standard lot of USD/JPY, one pip is 0.01 and represents 1,000 JPY in the quote currency. The account-currency result can change with conversion, direction, spread, commission and swaps.

Example pip value 1 lot × 1 pip = 1,000 JPY Before trading costs Open USD/JPY calculator

Where to trade

Trade USDJPY your way.

Use Mega1 in the browser, on desktop or mobile, or trade through MetaTrader 5.

Mega1Web, desktop, mobile & native API MetaTrader 5Desktop, web & mobile trading

USD/JPY questions

Understand the pair before opening a position.

What is USDJPY (USD/JPY)?

USD/JPY is the exchange rate between US Dollar and Japanese Yen. It shows how many units of JPY are required to buy one unit of USD. A rising price indicates USD strength relative to JPY; a falling price indicates the reverse.

What is one pip in USD/JPY?

For USD/JPY, one pip is normally 0.01. A one-pip move on one standard 100,000-unit lot represents 1,000 JPY in JPY, before spreads, commission, swaps and any account-currency conversion.

How is USD/JPY leverage applied at XBTFX?

USD/JPY uses published exposure-based margin bands. The schedule is tied to total notional exposure in USDJPY, not the account balance. When exposure crosses a threshold, only the additional portion uses the next margin rate; lower-band exposure keeps its original rate.

Can I trade USD/JPY with Pro or Standard pricing?

Yes. Pro uses raw variable spreads with a separate commission of $2.75 per $100,000 traded on FX. Standard has no separate FX commission and includes the pricing cost in a wider spread. Availability can vary by platform, account and jurisdiction.

Where can I trade USD/JPY with XBTFX?

USD/JPY is available on supported Mega1 and MetaTrader 5 accounts. Check the instrument specification inside the selected platform before trading because sessions, margin and other conditions can change.

Keep exploring

All forex markets
EUR/USD Euro / US Dollar GBP/USD British Pound / US Dollar AUD/USD Australian Dollar / US Dollar Profit calculatorModel position outcomes

USD/JPY at XBTFX

Ready to trade USD/JPY?

Open an XBTFX account, choose Pro or Standard pricing, and access USD/JPY on a supported platform.

Open an account
Risk warning

CFDs are complex instruments and involve a significant risk of loss due to leverage. Prices are indicative and may differ from executable account prices. Consider whether you understand how CFDs work and whether you can afford the risk.

Risk Disclosure Notice

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