Instrument cost audit

USD/JPY: the real cost table.

Compare public USD/JPY broker/account cost data across spread, commission, overnight financing and the calculator's public 48-hour audit scenario. Because USD/JPY is JPY-quoted, pip/point handling and overnight financing can materially change the ranking, so direct spread alone can be misleading — rows are ranked only after fee-disclosure, regulation, data-quality and suspicious-value safeguards are applied.

Liquidity and rollover conditions can differ across sessions, and the cheapest direct-cost account is not always the cheapest 48-hour hold. Run the calculator for your exact timing, direction, account currency and broker entity.

USD/JPY 1.0 lot Long 48h baseline 48h net impact EUR basis Audit-window data

A #1 rank is scenario-specific. Holding period, direction, account currency, rollover timing and broker entity can change the result. Values are audit-window figures, not guaranteed live quotes.

USD/JPY leaderboard status

Eligible rows
Excluded by safeguards
Ranking basis
Calculator-parity ranking
Scenario
1.0 lot · long · 48h · EUR basis
Generated

Best 48h calculator outcome

Eligible broker ranking

Ranked by best calculator-equivalent 48h outcome after spreads, commission and overnight financing — a swap credit can rank ahead of a low cost · best eligible account per broker · 1.0 lot · long · EUR

Providers with incomplete fee disclosure, insufficient regulation, or stale/suspicious inputs are excluded from the ranked result set. For the authoritative excluded-provider count and audit result, use the calculator.

USD/JPY can produce positive overnight credits for long or short positions depending on broker and market conditions. A positive 48h net result may represent a carry credit after costs — not a larger fee. This is scenario-specific and not a guaranteed carry profit; run the calculator for your exact timing and direction.

  1. 1

    Pepperstone

    Razor · Commission-based

    48h net credit
    €26.75
    Direct cost
    €7.13
    Swap / night
    +15.36 / -32.73 pts
  2. 2

    AvaTrade

    Professional · Spread-based

    48h net credit
    €7.46
    Direct cost
    €5.18
    Swap / night
    +5.74 / -22.99 pts
  3. 3

    Admirals

    Trade.MT5 · Spread-based

    48h net credit
    €7.36
    Direct cost
    €3.31
    Swap / night
    +4.86 / -26.50 pts
  4. 4

    Exness

    Social Classic · Spread-based

    48h net cost
    €3.86
    Direct cost
    €3.86
    Swap / night
    0.00 / -14.60 pts

Some broker links may be affiliate links. VeriLots rankings are based on the calculator audit scenario, not commission level — see our affiliate disclosure.

Top public results are visible above. Pro adds the full leaderboard, deeper stress-event context and longer audit windows — the same public truth, in more depth. See the full broker rankings or compare plans.

Trust & safeguards

Why these brokers appear

Only broker/account rows that pass VeriLots calculator eligibility, approved-regulation, fee-disclosure, data-quality and suspicious-value safeguards can appear in this table. A low cost is not enough: suspicious, stale, incomplete or unregulated rows are excluded before ranking. Read the methodology, or run the calculator to see the full audited result for your own scenario.

Broker-vs-broker

Compare top outcomes head-to-head

Want to inspect the brokers behind the ranking? Open a head-to-head comparison to review account model, audit coverage and broker context. Or use the comparison hub to choose any two brokers.

Head-to-head links will appear when enough eligible brokers are available.

Your setup, your number

Change the scenario

This page uses a fixed public audit scenario. Your result can change with direction, lot size, holding period, account currency and rollover timing. The calculator lets you adjust the full setup.

Read this before ranking-shopping

How this table ranks

Direct cost

Spread + commission

Normalized all-in, so raw and standard accounts compare fairly.

Financing

Overnight swap / rollover

Per-night points that compound and often outweigh the spread for overnight holds.

48h net

Default scenario estimate

Direct cost plus the audited financing over the standard 48-hour hold.

Stress context

Spread behaviour under pressure

How spreads move in relevant audited windows, where available. See advertised vs live spreads.

This table, for your exact trade.

Rank #1 here is a benchmark. Your sizing, direction, account currency and holding period can re-order it — run your own USD/JPY scenario.

About this instrument

Understanding USD/JPY broker costs

USD/JPY is JPY-quoted, so pip/point handling matters: a pip is the second decimal place rather than the fourth, and the value of each point depends on the JPY exchange rate. The calculator handles this conversion inside the audit pipeline, so the ranking reflects correct JPY point values rather than a USD-quoted-pair assumption.

Overnight financing (swap) plays a large role on USD/JPY, and in some long-hold scenarios it can produce a 48h net credit — the position earns carry that outweighs the direct cost over the audit window. A net credit is an audit-window financing result after costs, not a guaranteed trading profit: swaps change, and direction, timing and account currency can flip the outcome.

Use the calculator for your exact direction, timing and account currency. This page is a public audit scenario (1.0 lot, long, 48-hour hold, EUR basis), not a guaranteed live quote.

Other live instrument leaderboards

EUR/USD GBP/USD USD/JPY

Values depend on broker entity, account type, platform, liquidity, rollover timing and time. This page is cost intelligence, not investment advice. Read the methodology, the hidden cost of trading and the risk disclosure.