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More about Monex
Broker availability
Is Monex Available in 🇵🇹 Portugal?
No — Monex is not available in Portugal
Monex does not accept new account registrations from Portugal as of 2026. See alternatives available in Portugal ↓
Availability last verified: October 2026
Broker availability in 🇵🇹 Portugal
153 / 341 brokers153 out of 341 brokers in our database accept clients from Portugal (45% availability). See all available brokers →
Find a broker available in Portugal
Monex doesn't accept Portugal traders — get matched to one that does, by market, style and budget.
Monex vs alternatives in 🇵🇹 Portugal
| Regulator | SEC, FSA | FCA, CySEC | FCA, ASIC | MAS, CySEC |
| Min. deposit | $0 | $100 | $100 | $100 |
| Spread from | 0 pips | 1 pips | 0.6 pips | 0.6 pips |
| Max leverage | 3 | 500 | 500 | 30 |
| Available | ✗ No | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Recommended brokers available in 🇵🇹 Portugal
These brokers accept clients from Portugal and are regulated by reputable authorities.
- No commissions on spreads
- FCA, ASIC and CySEC regulated
- Islamic accounts available
- FCA regulated with strong reputation
- Supports MT4, MT5, and own platform
- Negative balance protection
- Commission-free CFD trading (other fees may apply)
- Simple, user-friendly platform
- Wide range of CFD instruments (2,800+)
- Good educational content
- Regulated in 6 jurisdictions
- No commission on most accounts
Other brokers also not available in 🇵🇹 Portugal
These well-known brokers also do not accept clients from Portugal.
About Monex
Regulated by
SEC, FSA
Headquarters
Tokyo, Japan
Founded
1999
Min. deposit
$0
BrokerRank score
3.54 / 5
Markets
stocks, forex, crypto
Frequently Asked Questions
1Is Monex available in Portugal?
No — Monex does not accept clients from Portugal as of 2026. This is due to regulatory restrictions. Traders from Portugal should look for brokers that are locally licensed or specifically accept Portugal clients.
2Why is Monex not available in Portugal?
Monex has chosen not to accept clients from Portugal, likely due to local regulatory requirements or compliance decisions. Brokers sometimes exclude certain countries to limit regulatory overhead.
3What are the best alternatives to Monex for Portugal traders?
Brokers we recommend in Portugal include ForTrade, FxPro, Plus500. All are verified to accept clients from Portugal and are regulated by reputable authorities.
4Can I use a VPN to access Monex from Portugal?
Using a VPN to circumvent geo-restrictions violates Monex's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
5Which brokers accept clients from Portugal?
153 out of 341 brokers in the BrokerRank database accept clients from Portugal. Recommended options include ForTrade, FxPro, Plus500. You can see the full list on our Portugal brokers page.