Exness offers a wide variety of currency pairs for trading, including USD/JPY (U.S. Dollar/Japanese Yen), which ranks second in the world in terms of trading volume.Currency pairs can be traded across all account types offered by Exness and are classified into three categories—major, minor, and exotic currency pairs—based on liquidity and trading volume.
In addition, Exness offers leverage of up to 2,000x (up to 200x for exotic currency pairs)(*), allowing you to start trading currency pairs with a small amount of capital.After reviewing the features and trading conditions of FX currency pairs, please select the instruments and account type that best suit your trading style and enjoy trading FX currency pairs in a superior trading environment.
(*) Leveraged trading involves high risk, and you may lose all of your invested capital. Please ensure you fully understand the risks before trading.
Exness offers a total of [number] FX currency pairs, including major, minor, and exotic pairs. The specific instruments available for trading vary depending on your account type and trading platform (MT4/MT5).Please review the characteristics of each FX currency pair in advance and enjoy trading in an environment that suits your trading style.
At Exness, you can trade a wide variety of FX currency pairs, including major, minor, and exotic pairs.While Exness’s FX currency pairs are available for trading across all five account types, Standard and Pro accounts offer access to the widest selection. Choose the FX currency pairs that best suit your trading strategy from this extensive range. The number of tradable pairs for each account type is as follows:
| Account Type | Standard | Standard Cent |
Pro | Low Spread | Zero | |||||
| Trading Tools | MT4 | MT5 | MT4 | MT5 | MT4 | MT5 | MT4 | MT5 | MT4 | MT5 |
| FX | ||||||||||
| Standard Account | |
| MT4 | |
| MT5 | |
| Standard Cent Account | |
| MT4 | |
| MT5 | |
| Pro Account | |
| MT4 | |
| MT5 | |
| Low-Spread Account | |
| MT4 | |
| MT5 | |
| Zero Account | |
| MT4 | |
| MT5 | |
At Exness, you can trade FX currency pairs with leverage of up to 2,000x (*), which is among the highest in the industry.At Exness, you can choose up to 2,000x leverage across all account types. While high-leverage trading involves risks, by practicing sound risk management and taking advantage of Exness’s unique high leverage, you can enjoy dynamic FX trading even with a small amount of capital.
(*) Leveraged trading involves high risk, and you may lose all of your invested capital. Please ensure you fully understand the risks before trading.
Exness uses a zero-cut system, so you can trade without having to make margin calls.When trading FX currency pairs, the market may experience significant fluctuations due to economic indicators or sudden news events. However, thanks to Exness’s Zero Cut System, even if losses exceed your margin, you will not be required to make a margin call; Exness will cover the negative balance and reset your account balance to zero.
In addition, at Exness, you can trade FX currency pairs with a 0% stop-out level across all account types.Even if the market moves in an unexpected direction and your margin maintenance ratio drops, you can hold your position until your margin balance reaches zero. Thanks to Exness’s Zero Cut System and 0% stop-out level, you can pursue profit opportunities for longer without worrying about incurring losses exceeding your deposited funds.
Exness’s FX currency pairs are available for trading across all five account types. However, some currency pairs have restrictions on maximum leverage and trading hours, and certain instruments are subject to trading conditions specific to each account type.When trading FX currency pairs with Exness, please review the trading conditions in advance and select the account type and instruments that best suit your trading style.
At Exness, we classify our total FX currency pairs into three categories—major, minor, and exotic—based on factors such as liquidity and trading volume. Please note that the FX currency pairs available for trading vary depending on your account type. The list of FX currency pairs available for trading at Exness is as follows.
Among the FX currency pairs offered by Exness, U.S. dollar-based pairs—such as USD/JPY (U.S. dollar/Japanese yen) and EUR/USD (euro/U.S. dollar)—are classified as major currency pairs.
These are known as “dollar straights” and include seven highly liquid currency pairs that are popular among FX traders. Additionally, at Exness, the DXY (Dollar Index)—which measures the value of the U.S. dollar against a basket of six currencies, including the euro and the Japanese yen—is also classified as a major currency pair.
AUD/USD, DXY, EUR/USD, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY
Exness's FX currency pairs include cross-yen pairs, which are popular among Japanese traders, as well as 25 minor currency pairs involving major currencies other than the U.S. dollar, such as the Hong Kong dollar, the Chinese yuan, and the Thai baht.
In addition, AUD/JPY (Australian dollar/Japanese yen), EUR/JPY (euro/Japanese yen), GBP/JPY (British pound/Japanese yen), and NZD/JPY (New Zealand dollar/Japanese yen) are currency pairs that are also popular among domestic traders.
EUR/JPY, GBP/JPY, AUD/JPY, NZD/JPY, CAD/JPY, CHF/JPY, HKD/JPY, AUD/CAD, AUD/CHF, AUD/NZD, CAD/CHF, EUR/AUD,EUR/CAD, EUR/CHF, EUR/GBP, EUR/NZD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/NZD, NZD/CAD, NZD/CHF, USD/CNH, USD/HKD, USD/THB
(*) With a Standard Cent account, you cannot trade the following six currency pairs: HKD/JPY, CAD/CHF, NZD/CAD, NZD/CHF, USD/CNH, and USD/THB.
Exness offers trading in 63 exotic currency pairs. While liquidity is low and spreads are relatively wide, you can expect high volatility in the event of sudden market shifts.
Please also note that exotic currency pairs are subject to leverage restrictions, and the maximum leverage is capped at 200x.
AUD/DKK, AUD/MXN, AUD/NOK, AUD/PLN, AUD/SEK, AUD/SGD, AUD/ZAR, CAD/MXN, CAD/NOK,CAD/PLN, CHF/DKK, CHF/MXN, CHF/NOK, CHF/PLN, CHF/SEK, CHF/SGD, CHF/ZAR, DKK/JPY,DKK/PLN, DKK/SGD, DKK/ZAR, EUR/DKK, EUR/MXN, EUR/NOK, EUR/PLN, EUR/SEK, EUR/SGD, EUR/ZAR, GBP/DKK,GBP/ILS, GBP/MXN, GBP/NOK, GBP/PLN, GBP/SEK, GBP/SGD, GBP/ZAR, MXN/JPY, NOK/DKK, NOK/JPY, NOK/SEK, NZD/DKK,NZD/MXN, NZD/NOK, NZD/PLN, NZD/SEK, NZD/SGD, NZD/ZAR, PLN/DKK, PLN/JPY, PLN/SEK, SEK/DKK, SEK/JPY,SGD/HKD, SGD/JPY, USD/DKK, USD/ILS, USD/MXN, USD/NOK, USD/PLN, USD/SEK, USD/SGD, USD/ZAR, ZAR/JPY
Exness FX currency pairs can be traded from early Monday morning through early Saturday morning. However, please note that trading in certain instruments is suspended for a set period each day. The trading hours for Exness FX currency pairs are as follows.
| Stock | Summer Hours (Market Closure Hours) |
Winter Hours (Trading Suspension Hours) |
| FX Currency Pairs | Mon 6:05 a.m. – Sat 5:59 a.m. | Mon 7:05 a.m. – Sat 6:59 a.m. |
| USD/CNH USD/THB |
Mon 8:05 a.m. – Sat 5:59 a.m. | Mon 9:05 a.m. – Sat 6:59 a.m. |
| USD/ILS GBP/ILS |
Mon 2:00 PM – Sat 12:00 AM (12:00 AM – 2:00 PM) |
Mon 3:00 PM – Sat 1:00 AM (1:00 AM – 3:00 PM) |
| FX Currency Pairs | |
| Daylight Saving Time | Mon 6:05 a.m. – Sat 5:59 a.m. |
| Standard Time | Mon 7:05 a.m. – Sat 6:59 a.m. |
| USD/CNH, USD/THB | |
| Daylight Saving Time | Mon 8:05 a.m. – Sat 5:59 a.m. |
| Standard Time | Mon 9:05 a.m. – Sat 6:59 a.m. |
| USD/ILS, GBP/ILS | |
| Daylight Saving Time | Mon 2:00 PM – Sat 12:00 AM (12:00 AM – 2:00 PM) (*) |
| Standard Time | Mon 3:00 PM – Sat 1:00 AM (1:00 AM – 3:00 PM) (*) |
(*) Trading Suspension Period
At Exness, you can trade all major and minor currency pairs with leverage of up to 2,000x. To create a trading environment that benefits our clients, Exness has set the maximum leverage at 2,000x, allowing you to aim for significant profits with a small amount of margin.
Please note that a fixed leverage of 200x applies to all exotic currency pairs. Even with 200x leverage, you can trade with significantly lower margin requirements compared to standard trading, so please rest assured. At Exness, even beginners can start trading FX currency pairs with confidence, even with a small amount of capital.
At Exness, you can trade nine major currency pairs with fixed spreads during 90% of the trading day, excluding periods of high market volatility.Unlike variable spreads, which fluctuate in response to market movements, the spreads for these nine major currency pairs are fixed during most hours, allowing you to assess your potential unrealized losses before entering a trade. For other currency pairs, we use variable spreads, enabling you to trade at the best available spread based on market conditions.
| Currency Pairs | Standard | Standard Cent | Low Spread | Zero | Pro |
| USD/JPY (U.S. Dollar/Japanese Yen) |
pips | pips | pips | pips | pips |
| EUR/USD (Euro/U.S. Dollar) |
pips | pips | pips | pips | pips |
| GBP/USD (Pound/U.S. Dollar) |
pips | pips | pips | pips | pips |
| EUR/JPY (Euro/Japanese Yen) |
pips | pips | pips | pips | pips |
| GBP/JPY (Pound/Japanese Yen) |
pips | pips | pips | pips | pips |
| USD/JPY | |
| Standard Account | pips |
| Standard Cent | pips |
| Low Spread | pips |
| Zero | pips |
| Pro | pips |
| EUR/USD | |
| Standard Account | pips |
| Standard Cent | pips |
| Low Spread | pips |
| Zero | pips |
| Pro | pips |
| GBP/USD | |
| Standard Account | pips |
| Standard Cent | pips |
| Low Spread | pips |
| Zero | pips |
| Pro | pips |
| EUR/JPY | |
| Standard Account | pips |
| Standard Cent | pips |
| Low Spread | pips |
| Zero | pips |
| Pro | pips |
| GBP/JPY | |
| Standard Account | pips |
| Standard Cent | pips |
| Low Spread | pips |
| Zero | pips |
| Pro | pips |
(*) Please check the latest figures in MT4/MT5 before trading.
Spreads on Exness’s FX currency pairs vary by account type. For Standard and Standard Cent accounts, we offer spreads that are approximately 0.5 to 1.0 pips lower than the industry standard.With Low Spread and Zero accounts, you can trade with ultra-low spreads starting at 0.0 pips; however, please note that trading commissions apply.
With Exness, you can trade with the goal of generating profits through swap points. However, for certain FX currency pairs—including popular ones such as USD/JPY (dollar-yen) and EUR/JPY (euro-yen)—you can also trade swap-free by setting the swap points to zero.
Exness allows you to trade specific instruments on a “swap-free” basis across all account types. Swap-free instruments include major FX currency pairs (excluding the DXY), select minor currency pairs, cryptocurrencies, stock indices, XAU/USD, and USOIL.At Exness, there are absolutely no requirements regarding deposit amounts or trading volume; you can start trading eligible instruments on a swap-free basis as soon as you open an account. The 22 FX currency pairs available for swap-free trading are listed below.
USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, NZD/JPY, EUR/USD, GBP/USD, AUD/USD,NZD/USD, USD/CAD, USD/CHF, EUR/GBP, EUR/AUD, EUR/NZD, EUR/CAD, EUR/CHF, GBP/NZD, GBP/CHF, AUD/NZD, AUD/CHF, NZD/CAD, USD/THB
Trading fees for FX currency pairs on Exness vary depending on the account type.Trading fees are free for Standard, Standard Cent, and Pro accounts, but with the Low Spread account, you can trade all currency pairs for a fee of $3.50 per side (except for NZD/CHF, which is $1.75 per side). Trading fees for the Zero account vary significantly depending on the instrument, so please refer to the link below for details.
The trading costs associated with trading on Exness are the “spread” and “transaction fees.”With Standard, Standard Cent, and Pro accounts, there are no transaction fees, so you can trade with only the spread as your trading cost. Trading with Low Spread and Zero accounts incurs a transaction fee in addition to the spread; however, because we offer ultra-low spreads, you can keep your overall trading costs low.
The USD/JPY (U.S. dollar/Japanese yen) currency pair is one of the most widely traded pairs in the world. While USD/JPY offers high liquidity and relatively moderate price movements, once a trend begins, it tends to continue. Learn more about the features of trading USD/JPY with Exness.
USD/JPY (U.S. dollar/Japanese yen) is the second-most-traded currency pair in the FX market after EUR/USD (euro/U.S. dollar), accounting for approximately 13% of the average daily global foreign exchange trading volume.The U.S. dollar is the most traded currency globally, while the Japanese yen is the most traded currency in Asia. Because USD/JPY offers high liquidity and relatively stable spreads, it is a currency pair that is easy for even beginners to trade.
Another characteristic of the USD/JPY market is that it is easy to access news and information about events that affect exchange rates. This allows traders to avoid periods of heightened risk and focus on trading during opportunities where significant profits can be expected.
Price movements in USD/JPY (U.S. dollar/Japanese yen) tend to be moderate from early morning through the early afternoon, but there are periods of active trading, such as when the London and New York markets open.Trading volume begins to increase around 4:00 p.m. Japan Standard Time (5:00 p.m. during daylight saving time) when the London market opens, and trading activity peaks around 9:30 p.m. (10:30 p.m. during daylight saving time) when the New York market opens.
Since the USD/JPY exchange rate is highly influenced by economic conditions in the U.S. and Japan, fundamental analysis is also important. Please be aware that the USD/JPY exchange rate may fluctuate sharply depending on economic indicators and statements by key officials in the U.S. and Japan.
Economic indicators are statistical data that reflect the state of economic activity in various countries. Price levels, inflation rates, unemployment rates, retail sales, and gross domestic product (GDP) are key indicators for understanding the state of the global economy, and their release has a significant impact on financial markets.Please exercise caution when trading, as the Nikkei 225, individual stock prices, and exchange rates often fluctuate significantly immediately following the release of economic indicators. The following are examples of economic indicators closely related to the USD/JPY pair and their characteristics.
| Economic Indicators | Features |
| U.S. Employment Statistics |
|
| FOMC Statement and Minutes |
|
| Gross Domestic Product (GDP) |
|
| Trade Balance |
|
| Bank of Japan Tankan Survey |
|
| Unemployment Rate, Number of New Hires |
|
| U.S. Employment Statistics |
|
| FOMC Statement and Minutes |
|
| Gross Domestic Product (GDP) |
|
| Trade Balance |
|
| Bank of Japan Tankan Survey |
|
| Unemployment Rate, Number of New Hires |
|
Among FX currency pairs, there are some that exhibit a positive correlation—meaning that when the price of one pair rises, the price of another pair also rises. Conversely, there are also pairs that exhibit a negative correlation—meaning that when the price of one pair rises, the price of another pair falls.
While positive and negative correlations can be used in market analysis, it is important to note that these relationships are merely trends and are not absolute. Even pairs with a high correlation do not necessarily move in tandem. In actual trading, it is important to make comprehensive judgments using analytical methods and other market information. The following are representative assets that are highly correlated with the USD/JPY pair.
| Stock | Correlation | Factors with a High Correlation |
| Dollar Index (DXY, USD Index) |
Correlation |
|
| S&P 500 and NASDAQ | Inverse correlation |
|
| Gold | Inverse correlation |
|
| EUR/USD | Inverse correlation |
|
| Dollar Index (DXY, USD Index) Correlation: Correlation |
|
| S&P 500–NASDAQ Correlation: Inverse Correlation |
|
| Gold Correlation: Inverse Correlation |
|
| EUR/USD Correlation: Inverse Correlation |
|
Exness offers an ideal trading environment for currency pairs, including leverage of up to 2,000x and swap-free accounts; however, there are a few points to keep in mind. To ensure a more comfortable trading experience with Exness’s FX currency pairs, please review the following precautions.
At Exness, currency pairs available for trading on Standard, Standard Cent, and Zero accounts have suffixes added to their names. The suffix varies depending on the account type; for Standard accounts, both on MT4 and MT5, an “m” is added to the end of the instrument name, resulting in a name like “USDJPYm.”For Standard Cent accounts, a “c” is appended to the end of the instrument symbol in both MT4 and MT5, and for Zero accounts, a “z” is appended to the end of each instrument symbol in both MT4 and MT5.Note that for Low Spread, Zero, and Pro accounts, no suffix is added to the end of any instrument name in either MT4 or MT5.
Standard Account
Standard Cent Account
Zero Account
Exness offers some of the tightest spreads in the industry, and you can trade highly liquid FX currency pairs with relatively stable spreads. However, please note that depending on the time of day, liquidity may decrease and spreads may widen.
For FX currency pairs, spreads tend to be narrow during periods of heavy trading activity and tend to widen during quieter periods. Spreads also tend to widen in the early morning (Japan time) and on global holidays such as Christmas and the New Year’s holiday season, as there are fewer market participants and liquidity is low.Additionally, from the evening through the late night in Japan—when the London and New York markets are open—spreads often widen due to the timing of U.S. economic indicator releases and statements by key figures. You should be cautious of widening spreads during these periods. You can mitigate risk by avoiding trading during times when spreads are likely to widen.
| Market Names by Country | Time Slot (Japan Time) | Spread Trends |
| Tokyo Market | 9:00 a.m. to 5:00 p.m. | Cramped |
| London Market | 5:00 p.m. to 3:00 a.m. the following day | Somewhat spacious |
| New York Market | 10:00 p.m. to 7:00 a.m. the following morning | Prone to spreading |
| Tokyo Market | |
| Time Slot (Japan Time) | 9:00 a.m. to 5: 00 p.m. |
| Spread Trends | Cramped |
| London Market | |
| Time Slot (Japan Time) | 5:00 p.m. to 3:00 a.m. the following day |
| Spread Trends | Somewhat spacious |
| New York Market | |
| Time Slot (Japan Time) | 10:00 p.m. to 7:00 a. m. the following morning |
| Spread Trends | Prone to spreading |
Exness offers FX trading with leverage of up to 2,000x; however, from 15 minutes before the release of major economic news until 90 seconds after, the maximum leverage is limited to 200x.Since the market may experience sudden fluctuations depending on the content of economic indicator releases or statements by key figures, these leverage restrictions help minimize your risk.
In addition, Exness imposes leverage restrictions (regulations) before and after the opening and closing of the FX market. Please note that from 3 hours before the market closes on Friday until 2 hours after the market opens on Monday, the maximum leverage is limited to 200x.When leverage restrictions are in effect, you will be notified via the email address registered with Exness or through the inbox in MT4/MT5.
Exness’s most notable feature is that it allows you to trade FX currency pairs with leverage of up to 2,000 times (*); however, please note that fixed margin requirements apply only to exotic currency pairs.
A fixed margin requirement means that the required margin level remains constant regardless of the leverage set for your trading account. Therefore, please note that since the maximum leverage for Exness’s exotic currency pairs is fixed at 200x, you cannot trade with leverage of up to 2,000x.However, even at 200x leverage, you can still trade with significantly higher leverage compared to the maximum of 25x offered by domestic FX brokers. If you wish to take advantage of Exness’s high leverage to trade currency pairs more dynamically, please select either major or minor currency pairs.
(*) Leveraged trading involves high risk, and you may lose all of your invested capital. Please ensure you fully understand the risks before trading.
Please tell me about swap points for trading FX currency pairs on Exness.
At Exness, you can trade a wide range of instruments on a swap-free basis across all account types.Swap-free instruments include major FX currency pairs (excluding the DXY), select minor currency pairs, XAU/USD, USOIL, all cryptocurrency CFDs, and all stock index CFDs. Please note that swap points will be charged for instruments not included in this offer.
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20.12.2023
Can I trade FX currency pairs with all account types at Exness?
Yes, at Exness, you can trade FX currency pairs with all five account types. However, the available instruments vary by account type, with Standard and Pro accounts offering the widest selection. With a Cent account, you can trade over 30 FX currency pairs—primarily major pairs—starting with small amounts.
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20.12.2023
Please tell me about the fees for trading FX currency pairs on Exness.
Trading fees for FX currency pairs on Exness vary depending on the account type. There are no fees for Standard, Standard Cent, and Pro accounts, but for Low Spread accounts, a fee of $3.50 per side applies (except for NZD/CHF, which is $1.75 per side). For Zero accounts, fees vary significantly depending on the instrument.
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20.12.2023
Please tell me the trading hours for FX currency pairs on Exness.
Trading hours for Exness FX currency pairs are from 07:05 on Monday to 06:59 on Saturday, Japan Standard Time (during daylight saving time, from 06:05 on Monday to 05:59 on Saturday).Exness typically allows trading without any early-morning trading halts. However, please note that trading hours differ for the following four currency pairs: USD/CNH, USD/THB, USD/ILS, and GBP/ILS.
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20.12.2023
Please tell me the maximum leverage for FX currency pairs on Exness.
At Exness, the maximum leverage for FX currency pairs is 1:2000 for all account types. However, leverage for exotic currency pairs is limited to a maximum of 1:200.Please also note that leverage restrictions based on account balance apply to both major and minor currency pairs.
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20.12.2023