Monex
Monex
Japanese online brokerage founded in 1999 and listed on the Tokyo Stock Exchange, regulated by Japan's FSA, offering domestic and US stocks, forex, and derivatives.
At a glance
Website status
See all brokers on FinPip RadarAbout Monex
Monex is a Japanese online brokerage founded in 1999 and headquartered in Tokyo, Japan. Listed on the Tokyo Stock Exchange, it has built its business around domestic and US stock trading alongside forex and derivatives.
The firm is regulated by Japan's Financial Services Agency (FSA), which caps retail forex leverage at 1:25.
Trading is offered through the proprietary Monex Trader platform, with no MetaTrader support. The product range spans stocks, ETFs, forex, futures, options and bonds.
With a FinPip rating of 4.1 out of 5, Monex mainly suits investors focused on the Japanese market and access to US stocks.
The bottom line
Japanese online brokerage founded in 1999 and listed on the Tokyo Stock Exchange, regulated by Japan's FSA, offering domestic and US stocks, forex, and derivatives.
Regulation & Safety
- FSA (Japan)
Key facts
Fees & Spreads
- Leverage
- Capped at 1:25 on forex for retail clients under Japan's FSA rules.
Platforms
- MTMonex Trader
- Stocks
- ETFs
- Forex
- Futures
- Options
- Bonds
Pros
- Regulated by Japan's FSA and publicly listed
- Strong access to US stocks
- Established brand since 1999
Cons
- Primarily oriented to the Japanese market
- No MetaTrader support
User reviews
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