Jpy leverage question

The short answer is that lower leverage is offered on pairs having higher perceived risk for volatility, potentially resulting in disorderly markets. This is a judgement call on the part of individual brokers.

As for special circumstances currently affecting the yen pairs, you might want to refer to this LINK.

Maximum allowable leverage – and therefore required initial margin – are the same on yen pairs (except for AUD/JPY) at the two largest U.S. retail brokers, Oanda and Forex•com.

At both of those brokers, required margins are 4% (corresponding to 25:1 max. leverage) on CAD/JPY, CHF/JPY, EUR/JPY, NZD/JPY, and USD/JPY; and 5% (corresponding to 20:1 max. leverage) on GBP/JPY.

Oanda requires 4% margin on AUD/JPY, as well.

Forex•com, by comparison, requires 3% margin (corresponding to 33.3:1 max leverage) on AUD/JPY.

You can compare all the pairs offered by these two brokers at –

US Margin Requirements | OANDA

Margin Requirements | FOREX.com

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