Japanese Carry Trader's Data Terminal
Monitor major currency pegs (useful for funding/hedging stability).
Lower spreads = More profit in your pocket. Green = Offshore wins.
| Pair |
DMM FX (Domestic) |
XM (Offshore) |
Exness (Offshore) |
Titan FX (Offshore) |
Why This Pair? |
|---|---|---|---|---|---|
| USD/JPY | 0.2 pips | 0.3 pips | 0.2 pips | 0.3 pips | Most liquid, predictable. Foundation of carry trade. Fed vs BoJ policy divergence. |
| EUR/JPY | 0.5 pips | 0.4 pips | 0.3 pips | 0.4 pips | ECB rate advantage. Eurozone stability play. Lower vol than USD/JPY. |
| GBP/JPY | 1.0 pips | 0.7 pips | 0.6 pips | 0.7 pips | Highest yield differential. BoE hawkish. Volatile = higher profit potential. |
| AUD/JPY | 0.7 pips | 0.5 pips | 0.4 pips | 0.5 pips | Commodity-linked. China exposure. RBA rate edge. Asian timezone liquidity. |
| NZD/JPY | 1.2 pips | 0.8 pips | 0.7 pips | 0.8 pips | High carry. RBNZ historically hawkish. Dairy/agriculture hedge play. |
| CNY/JPY | 0.6 pips | 0.5 pips | 0.4 pips | 0.5 pips | Asia macro pair. China policy cycles + BoJ rates. Useful diversification vs USD exposure. |
Calculate your costs, position sizes, and profit potential in real-time.
What is it? Borrow low-yield JPY (0.1% BoJ rate), invest in high-yield currencies (USD 5.5%, GBP 5.25%).
Why JPY? Bank of Japan keeps rates near zero. You earn the interest differential (5%+) just by holding the position.
Example: Long GBP/JPY = Earn ~5% annually + any price appreciation.
The Math: 0.5 pip spread = Β₯500 per 1 lot (100k units). Trade 10 lots = Β₯5,000 per entry.
Annual Impact: If you roll positions weekly (52 times/year), that's Β₯260,000 in spreads alone.
Offshore brokers: 0.3-0.7 pips vs Domestic: 0.5-1.2 pips. Save 30-50% on costs.
Domestic (25x max): Β₯1M deposit β Β₯25M position β ~Β₯1.25M annual carry (5%).
Offshore (500x): Β₯1M deposit β Β₯500M position β ~Β₯25M annual carry (5%).
20x more profit potential. But remember: Leverage cuts both ways. Manage risk.
For reference only. Not carry trade targets.
| Pair | XM | Exness | Titan FX |
|---|---|---|---|
| EUR/USD | 0.2 pips | 0.1 pips | 0.2 pips |
| GBP/USD | 0.4 pips | 0.3 pips | 0.4 pips |
| AUD/USD | 0.3 pips | 0.2 pips | 0.3 pips |
Gold hedges yen weakness. Silver/Copper for economic growth bets.
| Commodity | XM | Exness | Titan FX | Hedging Strategy |
|---|---|---|---|---|
| Gold | 0.3 pips | 0.2 pips | 0.3 pips | Safe haven. Inverse JPY correlation when risk-off. Inflation hedge. |
| Silver | 3.0 pips | 2.5 pips | 2.8 pips | Industrial demand. Higher beta than gold. Risk-on indicator. |
| Copper | 5.0 pips | 4.5 pips | 5.0 pips | Economic barometer. China demand proxy. Green energy play. |
| Crude Oil (WTI) | 0.4 pips | 0.3 pips | 0.4 pips | JPY hedge. Correlated with inflation. Geopolitical risk proxy. |
| Natural Gas | 1.5 pips | 1.2 pips | 1.4 pips | Seasonal play. Energy crisis hedge. Winter demand driver. |