Side-by-Side Comparison Independent Updated Mar 9, 2026
FXTM vs Monex 2026: Which Broker is Better?
In the dynamic landscape of online trading, FXTM and Monex offer distinct advantages tailored to specific trader needs. FXTM, with its strong regulatory backing and low minimum deposit, appeals to forex and CFD traders, especially those in Africa and Asia, seeking high leverage and flexibility across MT4 and MT5 platforms. In contrast, Monex, headquartered in Japan, is an attractive choice for traders interested in stocks, ETFs, and cryptocurrencies, benefiting from its proprietary platforms and international regulatory presence. While FXTM is ideal for those seeking variety and leverage, Monex is suited to those prioritising a comprehensive stock and crypto trading experience.
FXTM
Monex
VS
| FXTM | Monex | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.5/5 |
| Min. Deposit | $10 | $0 ✓ |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:2000 ✓ | 1:3 |
| Regulation | FCA, CySEC, FSCA ✓ | FSA, SEC |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile, TradeStation JP |
Quick VerdictBrokerRank recommends
Best for Beginners
MonexFXTM
Best for Low Fees
MonexFXTM
Best for Regulation
FXTMMonex
Quick Answer
FXTM (3.6/5) and Monex (3.5/5) are closely matched. Monex has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowFXTM vs Monex: Key Differences
Feature
FXTM
Monex
WinnerOur Rating
3.6 / 5
3.5 / 5
Min. Deposit
$10
$0
Spread From
0.1 pips
0 pips
Commission
$0.5/lot
$0.5/lot
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile, TradeStation JP
Markets
Forex, Cfd, Stocks, Indices, Commodities
Stocks, Etf, Crypto, Forex
Founded
2011
1999
Headquarters
Limassol, Cyprus
Tokyo, Japan
Score
1 / 3
2 / 3
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Find my matchFees Comparison
Fee
FXTM
Monex
Lower feesSpread From
0.1 pips
0 pips
Commission
$0.5/lot
$0.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
For beginners, FXTM is the better choice due to its very low minimum deposit of $10 and user-friendly MT4 and MT5 platforms. Professional traders may prefer Monex for its strong regulatory framework and international focus, especially if they require access to a broader array of global markets, including crypto through its Coincheck subsidiary. In terms of fees, FXTM edges out Monex with its competitive spreads starting from 0.1 pips, although both charge a commission of 0.5.
Who Should Choose Which?
FXTM
3.6/5
Choose FXTM if you want…
- Higher leverage (up to 1:2000)
- More regulatory licences (3)
- More market types (5)
Monex
3.5/5
Choose Monex if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 1999)
- More platforms (3 supported)
Also consider
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Frequently Asked Questions
1Is FXTM better than Monex?
FXTM (3.6/5) and Monex (3.5/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, FXTM or Monex?
FXTM offers spreads from 0.1 pips, while Monex starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FXTM vs Monex?
FXTM requires a minimum deposit of $10. Monex requires $0.
4Which broker is safer, FXTM or Monex?
FXTM is regulated by FCA, CySEC, FSCA, while Monex holds licences from FSA, SEC.
5What trading platforms do FXTM and Monex support?
FXTM supports MT4, MT5. Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP.
6Can I use both FXTM 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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