FP Markets vs Monex 2026: Which Broker is Better?
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 ✓ | 3.5/5 |
| 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 3.5/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFP Markets vs Monex: Key Differences
FP Markets
Monex
WinnerStill deciding between FP Markets and Monex?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
FP Markets
Monex
Lower feesBrokerRank Verdict
Who Should Choose Which?
FP Markets
3.8/5
Choose FP Markets if you want…
- Higher overall rating (3.8/5)
- Higher leverage (up to 1:500)
- More market types (6)
- More platforms (4 supported)
Monex
3.5/5
Choose Monex if you want…
- No minimum deposit
- More established (est. 1999)
Also consider
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Both FP Markets & Monex are available in
Frequently Asked Questions
1Is FP Markets better than Monex?
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs Monex's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, FP Markets or Monex?
FP Markets offers spreads from 0 pips, while Monex starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FP Markets vs Monex?
FP Markets requires a minimum deposit of $100. Monex requires $0.
4Which broker is safer, FP Markets or Monex?
FP Markets is regulated by ASIC, CySEC, while Monex holds licences from FSA, SEC.
5What trading platforms do FP Markets and Monex support?
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP.
6Can I use both FP Markets and Monex?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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