Higher Rated
Deriv
Capital at risk · T&Cs apply
In this broker comparison, we delve into the distinctions between Deriv and Monex, two established names in the trading industry. Deriv, headquartered in Cyprus and regulated by the FCA and MAS, appeals to traders seeking high leverage up to 1:1000, low minimum deposits, and innovative products like multipliers and accumulators. In contrast, Monex, based in Tokyo and regulated by the FSA and SEC, caters to those interested in stock and ETF trading, with a focus on international markets through its TradeStation platform and crypto offerings via its Coincheck subsidiary. While Deriv offers a more diverse range of trading instruments and lower cost barriers, Monex provides a robust platform for stock traders with a global outlook.
Deriv
Monex
| Deriv | Monex | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.4/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:3 |
| Regulation | FCA, MAS | FSA, SEC |
| Platforms | MT5, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, TradeStation JP |
Deriv is the better choice overall, scoring 3.8/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).
See full side-by-side comparison belowDeriv
WinnerMonex
Deriv
Monex
Deriv
3.8/5
Choose Deriv if you want…
Monex
3.4/5
Choose Monex if you want…
Deriv scores higher overall on our independent rating system. Deriv holds a 3.8/5 rating vs Monex's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Deriv offers spreads from 0.5 pips, while Monex starts at 0 pips. Check the fees section above for a full breakdown.
Deriv requires a minimum deposit of $5. Monex requires $0.
Deriv is regulated by FCA, MAS, while Monex holds licences from FSA, SEC.
Deriv supports MT5, Proprietary Web, Proprietary Mobile. Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.