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Side-by-Side Comparison Independent Updated Mar 9, 2026

FxPro vs Monex 2026: Which Broker is Better?

In this broker comparison, we evaluate FxPro and Monex, two well-established entities in the financial trading space. FxPro, headquartered in London and regulated by the FCA, appeals primarily to forex and CFD traders seeking high leverage options and the flexibility of MT4 and MT5 platforms. Meanwhile, Monex, based in Tokyo and regulated by the FSA and SEC, caters to stock and crypto enthusiasts with its global reach and proprietary platform offerings. The key difference lies in their market focus and leverage offerings; FxPro offers up to 1:500 leverage, suiting high-risk traders, while Monex's leverage is capped at 1:3, appealing more to conservative investors.

FxPro

Monex

VS
FxProMonex
BrokerRank Score4.1/5 ✓3.5/5
Min. Deposit$100$0 ✓
Spread from0.6 pips0 pips ✓
Max Leverage1:500 ✓1:3
RegulationFCA, CySEC, ASIC ✓FSA, SEC
PlatformsMT4, MT5, Proprietary WebProprietary Web, Proprietary Mobile, TradeStation JP
Quick VerdictBrokerRank recommends
Best for Beginners
MonexFxPro
Best for Low Fees
MonexFxPro
Best for Regulation
FxProMonex
Best Overall
FxProMonex
Quick Answer

FxPro is the better choice overall, scoring 4.1/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).

See full side-by-side comparison below

FxPro vs Monex: Key Differences

Feature

FxPro

Winner

Monex

Our Rating
4.1 / 5
3.5 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0.6 pips
0 pips
Commission
None
$0.5/lot
Regulated By
FSASEC
Platforms
MT4, MT5, Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, TradeStation JP
Markets
Forex, Cfd, Stocks, Indices, Commodities
Stocks, Etf, Crypto, Forex
Founded
2006
1999
Headquarters
London, UK
Tokyo, Japan
Score
3 / 5
2 / 5

Fees Comparison

Fee

FxPro

Monex

Spread From
0.6 pips
0 pips
Commission
None
$0.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

FxPro is a better choice for beginners due to its user-friendly platforms, low minimum deposit of $100, and robust regulatory oversight by the FCA. Professional traders might prefer Monex for its broader international presence and the comprehensive TradeStation platform, despite its smaller customer base. In terms of fees, FxPro edges out Monex with its competitive spreads starting from 0.6 pips and zero commission, making it the more cost-effective option for most traders.

Who Should Choose Which?

FxPro

FxPro

4.1/5

Top pick

Choose FxPro if you want…

  • Higher overall rating (4.1/5)
  • No per-trade commission
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
Monex

Monex

3.5/5

Choose Monex if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
  • More established (est. 1999)

Also consider

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Both FxPro & Monex are available in

Frequently Asked Questions

1

Is FxPro better than Monex?

FxPro scores higher overall on our independent rating system. FxPro holds a 4.1/5 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.

2

Which has lower fees, FxPro or Monex?

FxPro offers spreads from 0.6 pips, while Monex starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FxPro vs Monex?

FxPro requires a minimum deposit of $100. Monex requires $0.

4

Which broker is safer, FxPro or Monex?

FxPro is regulated by FCA, CySEC, ASIC, while Monex holds licences from FSA, SEC.

5

What trading platforms do FxPro and Monex support?

FxPro supports MT4, MT5, Proprietary Web, Proprietary Mobile. Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP.

6

Can I use both FxPro 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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