Financial Services Agency
Japan FSA · Japan · Established 2000
Financial Services Agency (Japan FSA) is the financial regulator of Japan, established 2000. It caps retail leverage at 1:25, requires segregated client funds, and compensates clients up to JPY 10,000,000 if a firm fails.
Check a firm's licence yourself
What this licence gets you
The rules a firm has to follow to keep this licence. A dash means we hold no answer on file, which is not the same as a no.
- Maximum leverage, retail
- 1:25
- Maximum leverage, professional
- 1:100
- Compensation if the firm fails
- JPY 10,000,000
- Negative balance protection
- Not required
- Client funds held separately
- Required
- Hedging
- Permitted
- FIFO order closing
- Not mandatory
- Supervision covers
- Banking, securities/exchange, insurance, and crypto assets to ensure financial stability and consumer protection
- Body type
- Government Agency
About Japan FSA
The Financial Services Agency (FSA) is Japan's integrated financial regulator, established in 2000 to oversee banking, securities, insurance, and emerging sectors like crypto for systemic stability. It enforces strict rules, including leverage caps and client fund segregation, prioritizing retail investor protection amid the world's largest retail FX market. The FSA collaborates internationally via bodies like the Basel Committee while delegating local oversight to finance bureaus.
- Max Leverage (Retail): 1:25 for major currency pairs; 1:10 for minor pairs
- Max Leverage (Professional): Up to 1:100 for qualified professionals (e.g., those with ¥50M+ assets)
- Compensation Limit: Up to ¥10M per investor