FP Markets
Monex
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
In this FP Markets vs Monex broker comparison, we delve into the distinct offerings of two well-regarded trading platforms. FP Markets, with a rating of 3.84/5, caters to traders seeking a comprehensive range of markets, including forex, CFDs, and crypto, with the advantage of spreads starting from 0 pips and a low minimum deposit of $100. Meanwhile, Monex, rated 3.42/5, appeals to investors prioritising international stock and ETF trading, benefiting from zero minimum deposit and robust regulatory oversight. The key difference lies in FP Markets' focus on leveraging high-speed trading with up to 1:500 leverage, while Monex draws in traders interested in a more globally diversified portfolio with a strong presence in Japan and beyond.
FP Markets
Monex
| FP Markets | Monex | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:3 |
| Regulation | ASIC, CySEC | FSA, SEC |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile, TradeStation JP |
FP Markets is the better choice overall, scoring 3.8/5 vs 3.4/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFP Markets
Monex
WinnerFP Markets
Monex
Lower fees
FP Markets
3.8/5
Choose FP Markets if you want…
Monex
3.4/5
Choose Monex if you want…
FP Markets scores higher overall on our independent rating system. FP Markets 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.
FP Markets offers spreads from 0 pips, while Monex starts at 0 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. Monex requires $0.
FP Markets is regulated by ASIC, CySEC, while Monex holds licences from FSA, SEC.
FP Markets supports MT4, MT5, TradingView, 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.