FBS USD/JPY Spread & Trading Conditions 2026

FBS quotes USD/JPY — the US dollar vs Japanese yen pair, a key carry-trade major — with a standard spread of 0.9 pips. 0.9 pips places it 10th out of the 35 brokers we track quoting USD/JPY, tighter than the median of 1.1. On raw/ECN accounts the spread is typically 0.0 pips. Spreads are quoted in pips and widen or tighten with market volatility and account type.

Fee context from our review: Fees vary by account. Zero Spread account has high commission but 0 spreads. Standard account is spread-only.

Across the 35 public brokers we track quoting USD/JPY, FBS ranks 10 against a median of 1.1. Ranked on published standard-account quotes — see our [methodology](/our-methodology/).

When trading USD/JPY at FBS:

Minimum deposit: $5
Maximum leverage: 1:3000
Commission: $0 (Spread only)
Execution: STP
Platforms: MT4, MT5, FBS Trader App

Spreads shown are indicative of the account types we assess. Raw/ECN accounts generally charge a per-lot commission in exchange for tighter raw spreads, while standard accounts build costs into the spread itself.

The USD/JPY spread is driven by liquidity depth, market volatility, the time of day (London and New York sessions are tightest), and the account model you choose. FBS supports MT4 and MT5 for spread-sensitive execution.