Exness offers a wide range of currency pairs, including USD/JPY (U.S. Dollar/Japanese Yen), which ranks as the world’s second-most traded currency pair. All account types offered by Exness allow for trading currency pairs, which are categorized into three groups—major, minor, and exotic—based on liquidity and trading volume.
In addition, Exness offers leverage of up to 2,000:1 (up to 200:1 for exotic currency pairs)(*), allowing you to start trading currency pairs with a small amount of capital. Please review the features and trading conditions of our FX currency pairs, 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 wide range of FX currency pairs, including major, minor, and exotic pairs. The specific pairs available for trading vary depending on your account type and trading platform (MT4/MT5). We encourage you to 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 all five types of Exness FX currency pairs are available for trading across all account types, Standard and Pro accounts offer access to the largest selection. Choose the FX currency pairs that best suit your trading strategy from this extensive range. The number of tradable currency pairs for each account type is as follows:
| Account Type | Standard | Standard Cent |
Pro | Low spread | Zero | |||||
| Trading Tools | MetaTrader 4 | MetaTrader 5 | MetaTrader 4 | MetaTrader 5 | MetaTrader 4 | MetaTrader 5 | MetaTrader 4 | MetaTrader 5 | MetaTrader 4 | MetaTrader 5 |
| FX | ||||||||||
| Standard Account | |
| MetaTrader 4 | |
| MetaTrader 5 | |
| Standard Cent Account | |
| MetaTrader 4 | |
| MetaTrader 5 | |
| Pro Account | |
| MetaTrader 4 | |
| MetaTrader 5 | |
| Low-Spread Account | |
| MetaTrader 4 | |
| MetaTrader 5 | |
| Zero Account | |
| MetaTrader 4 | |
| MetaTrader 5 | |
At Exness, you can trade FX currency pairs with leverage of up to 2,000:1 (*), which is among the highest in the industry. Exness allows you to select leverage of up to 2,000:1 across all account types. While high-leverage trading involves risks, by practicing sound risk management and taking advantage of Exness’s unique high-leverage offerings, you can enjoy dynamic FX currency pair 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, which means 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 your 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.
Additionally, 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 that exceed your deposited funds.
All of Exness’s FX currency pairs are available for trading across all five account types. However, some currency pairs have restrictions on maximum leverage or 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 selection of 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, USD-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 popular among domestic 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 also popular currency pairs 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
(*) The following six currency pairs are not available for trading on Standard Cent accounts: 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 tend to be 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 are available for trading 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 Time (Market Closure) |
Winter Hours (Market Closure) |
| FX currency pairs | Fri 6:05 a.m. – Sat 5:59 a.m. | 7:05 AM on Monday – 6:59 AM on Saturday |
| USD/CNH USD/THB |
Mon 8:05 AM – Sat 5:59 AM | Mon 9:05 a.m.–Sat 6:59 a.m. |
| USD/ILS GBP/ILS |
Friday 2:00 PM – Saturday 12:00 AM (12:00 AM – 2:00 PM) |
Friday 3:00 PM – Saturday 1:00 AM (1:00 AM – 3:00 PM) |
| FX currency pairs | |
| Daylight Saving Time | Fri 6:05 a.m. – Sat 5:59 a.m. |
| Daylight Saving Time | 7:05 a.m. on Monday through 6:59 a.m. on Saturday |
| USD/CNH, USD/THB | |
| Daylight Saving Time | Mon 8:05 AM – Sat 5:59 AM |
| Daylight Saving Time | Mon 9:05 a.m. – Sat 6:59 a.m. |
| USD/ILS, GBP/ILS | |
| Daylight Saving Time | Wed 2:00 PM – Sat 12 :00 AM (12:00 AM – 2:00 PM) (*) |
| Daylight Saving Time | Wed 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 2,000:1. To create a trading environment that benefits our clients, Exness has set the maximum leverage at 2,000:1, 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 day, excluding periods of high market volatility. Unlike variable spreads, which fluctuate in response to market movements, the spreads for these pairs remain fixed during most of the day, allowing you to know your potential losses before entering a trade.For other currency pairs, we use variable spreads, allowing 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 (British pound/U.S. dollar) |
pips | pips | pips | pips | pips |
| EUR/JPY (Euro/Japanese Yen) |
pips | pips | pips | pips | pips |
| GBP/JPY (British pound/Japanese yen) |
pips | pips | pips | pips | pips |
| US Dollar/Japanese Yen | |
| 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 |
| Great Britain Pound/United States Dollar | |
| Standard Account | pips |
| Standard Cent | pips |
| Low spread | pips |
| Zero | pips |
| Pro | pips |
| Euro/Yen | |
| Standard Account | pips |
| Standard Cent | pips |
| Low spread | pips |
| Zero | pips |
| Pro | pips |
| Great Britain Pound/Japanese Yen | |
| 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. While Low Spread and Zero accounts allow you to trade with ultra-low spreads starting at 0.0 pips, please note that trading commissions apply.
At Exness, you can trade with the aim 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 certain instruments on a "swap-free" basis across all account types.Eligible instruments for swap-free trading include major FX currency pairs (excluding 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 swap-free 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 at Exness vary depending on the account type. Trading is commission-free for Standard, Standard Cent, and Pro accounts, while Low Spread accounts charge a commission of $3.50 per lot for all currency pairs ($1.75 per lot for NZD/CHF only). Commission rates for Zero accounts vary significantly depending on the instrument, so please refer to the link below for details.
The trading costs associated with trading on Exness consist of "spreads" and "commissions." With Standard, Standard Cent, and Pro accounts, there are no commissions, so you can trade with only the spread as your trading cost. For trading on Low Spread and Zero accounts, commissions are charged in addition to the spread; however, because we offer ultra-low spreads, you can keep your overall trading costs low.
The USD/JPY currency pair is one of the most traded pairs in the world. While USD/JPY offers high liquidity and relatively moderate price movements, trends tend to persist once they begin. 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 global average daily 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 information—such as news and events that affect exchange rates—is readily available. This allows traders to avoid periods of heightened risk and focus on trading during opportunities where significant profits can be expected.
While price movements in USD/JPY (U.S. dollar/Japanese yen) tend to be relatively calm from early morning through the early afternoon, there are periods of heightened trading activity, 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 sensitive to 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 figures in the U.S. and Japan.
Economic indicators are statistical data that reflect the state of economic activity in various countries. Factors such as prices, inflation rates, unemployment rates, retail sales, and gross domestic product (GDP) are key indicators for assessing the state of the global economy, and their release has a significant impact on financial markets. Immediately following the release of economic indicators, the Nikkei 225, individual stock prices, and exchange rates often fluctuate significantly, so please exercise caution when trading. The following are examples of economic indicators closely related to the USD/JPY exchange rate and their characteristics.
| Economic indicators | Features |
| U.S. Employment Report |
|
| FOMC Statement and Minutes |
|
| Gross Domestic Product (GDP) |
|
| Trade balance |
|
| Bank of Japan Tankan Survey |
|
| Unemployment Rate and Number of New Hires |
|
| U.S. Employment Report |
|
| FOMC Statement and Minutes |
|
| Gross Domestic Product (GDP) |
|
| Trade balance |
|
| Bank of Japan Tankan Survey |
|
| Unemployment Rate and 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 currency pairs that are highly correlated with USD/JPY.
| Stock | Correlation | Factors with a high correlation |
| U.S. Dollar Index (DXY, USD Index) |
Correlation |
|
| S&P 500, NASDAQ | Inverse correlation |
|
| Gold | Inverse correlation |
|
| EUR/USD | Inverse correlation |
|
| Dollar Index (DXY, USD Index) Correlation: Correlation |
|
| S&P 500 and 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 2,000:1 and swap-free accounts; however, there are a few points to keep in mind. To ensure a smoother trading experience with Exness’s FX currency pairs, please review the following guidelines.
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 format such as "USDJPYm."For Standard Cent accounts, a "c" is added to the end of the instrument symbol in both MT4 and MT5. For Zero accounts, a "z" is added to the end of each instrument symbol in both MT4 and MT5. Note that for Low Spread accounts, Zero accounts, and Pro accounts, nothing is added to the end of the instrument names in either MT4 or MT5.
Standard Account
Standard Cent Account
Zero Account
Exness offers some of the tightest spreads in the industry, allowing you to 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 high trading activity and widen during quieter periods.Spreads also tend to widen during the early morning hours in Japan, as well as on global holidays such as Christmas and the New Year, due to lower market participation and reduced liquidity. Additionally, from the evening through the late night in Japan—when the London and New York markets are open—spreads may widen, as these hours often coincide with the release of U.S. economic indicators and statements by key figures. You can mitigate risk by avoiding trading during times when spreads are likely to widen.
| Market Names by Country | Time Slot (Japan Standard Time) | Spread Trends |
| Tokyo Market | 9:00 AM–5:00 PM | Cramped |
| London market | 5:00 p.m. to 3:00 a.m. the following day | Slightly spacious |
| New York Stock Exchange | 10:00 p.m. to 7:00 a.m. the following morning | prone to spreading |
| Tokyo Market | |
| Time Slot (Japan Standard Time) | 9:00 AM–5:00 PM |
| Spread Trends | Cramped |
| London market | |
| Time Slot (Japan Standard Time) | 5:00 p.m. to 3:00 a.m. the following day |
| Spread Trends | Slightly spacious |
| New York Stock Exchange | |
| Time Slot (Japan Standard 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 2,000:1; however, from 15 minutes before the release of major economic news until 90 seconds after, the maximum leverage is limited to 200:1. Since market conditions can fluctuate sharply depending on the content of economic indicators or statements by key figures, these leverage restrictions help minimize your risk.
Please also note that Exness imposes leverage restrictions before and after the opening and closing of the FX market. From three hours before the market closes on Friday until two hours after it opens on Monday, the maximum leverage is limited to 200:1. When leverage restrictions are in effect, you will be notified via the email address registered with Exness or through the inbox in MT4/MT5.
One of Exness’s key features is the ability to trade FX currency pairs with leverage of up to 2,000:1 (*); 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 the maximum leverage for Exness’s exotic currency pairs is fixed at 200x; if you wish to trade with leverage of up to 2,000x, you will need to choose a different account type. 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 for more dynamic currency pair trading, 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 apply to 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 the Standard and Pro accounts offering the widest selection. With the Cent account, you can trade over 30 FX currency pairs—primarily major pairs—starting with small amounts.
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20.12.2023
Could you please tell me about the fees for trading FX currency pairs on Exness?
Trading fees for FX currency pairs at Exness vary depending on the account type. There are no fees for Standard, Standard Cent, and Pro accounts, but a fee of $3.50 per trade (or $1.75 per trade for NZD/CHF only) applies to Low Spread accounts. Fees for Zero accounts 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 7:05 a.m. on Monday to 6:59 a.m. on Saturday (Japan Standard Time; during Daylight Saving Time, from 6:05 a.m. on Monday to 5:59 a.m. on Saturday). Exness typically allows trading without any early morning trading breaks. 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
What is the maximum leverage for FX currency pairs at Exness?
At Exness, the maximum leverage for FX currency pairs is 1:2000 across 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 major and minor currency pairs as well.
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20.12.2023