Matsui Securities Reduces USD/JPY Spread to Industry's Narrowest Level

Matsui Securities Achieves Unmatched USD/JPY Spread Reduction

Matsui Securities Co., headquartered in Chiyoda, Tokyo, has made a significant announcement that will benefit Forex traders worldwide. Starting from February 16, 2026, the company will lower the spread for USD/JPY trading from 0.2 pips to an unprecedented 0.1 pips, making it the narrowest spread available in the industry. This move is expected to attract more traders seeking to optimize their foreign exchange transactions.

Overview of the Spread Reduction

Previously, Matsui Securities offered a spread of 0.2 pips for market orders and market settlements involving 1,000 currency units or less for USD/JPY. However, this new reduction to 0.1 pips is geared towards facilitating easier and more efficient trading experiences for customers. The reduced spread applies strictly to certain order types, including streaming orders, IFD orders, IFO orders, and when making market (streaming) new orders and market settlement orders, thus encompassing a range of trading strategies for investors.

The announcement was publicized on February 12, 2026, and represents a significant evolution in the company’s Forex offerings, showcasing their commitment to being at the forefront of competitive trading environments.

Market Conditions and Currency Behavior

The USD/JPY pair, recognized as the second most traded currency pair globally after EUR/USD, accounted for approximately 88% of Japan's retail Forex trading in December 2025. This overwhelming market share underscores the pair's popularity and relevance within the trading community. Moreover, for Japanese traders, access to rich Japanese-language information regarding the USD/JPY is undoubtedly an advantage. The ability to accurately interpret fine nuances in financial policy from the Bank of Japan (BoJ) in their native language provides an edge, especially when looking at how these policies influence global trends.

Matsui Securities offers a variety of resources, including informative video content focused on key figures like the BoJ and Federal Open Market Committee (FOMC) to better inform traders about relevant market changes.

Future Outlook for USD/JPY

Market analysts predict the USD/JPY trading range for the year to be between 140 to 160 yen. Currently, it is anticipated that the currency pair will fluctuate around the 155 yen mark. Factors contributing to the potential weakening of the yen include the government's push for a responsible fiscal policy under the leadership of Ex-Prime Minister Takaichi and a gradual stance on interest rate hikes from the BoJ.

Conversely, across the Pacific, the anticipated policies from the Biden administration, particularly as the Federal Reserve looks to navigate challenging economic landscapes, could lead to a dampened value for the dollar. With a new Federal Reserve Chairman expected to be appointed in May 2026, market participants are watching closely as potential rate cuts could further influence the USD/JPY dynamics.

The recent fluctuations in the USD/JPY have shown significant volatility, particularly during market interventions when the government steps in to maintain a balance around the 160 yen threshold. Traders should remain vigilant, as these moments can lead to increased opportunities for short-term investors due to sharp price movements.

Meet the Analyst

Shou Suzuki, a market analyst at Matsui Securities, brings a wealth of knowledge and experience from his background at both regional banks and internet banks, specializing in trading domestic and international bonds and stocks. Since joining Matsui Securities in January 2022, he has been instrumental in analyzing market trends, particularly concerning major indices like the Nikkei 225 and the S&P 500. Suzuki is a familiar voice in financial media, often appearing on television economics programs, where he shares insights from his extensive market analysis.

Matsui Securities aims to enhance the investment experience by offering innovative products and services, providing customers with the tools necessary for a fulfilling financial journey.

This unprecedented reduction in spread marks Matsui Securities’ continued endeavor to support traders while providing access to vital market insights, positioning them as a leader in the competitive Forex trading arena.