IG Group vs Monex 2026: Which Broker is Better?
In this IG Group vs Monex broker comparison, we examine the key differences between these two financial giants, each catering to distinct trader profiles. IG Group, with a rating of 4.33/5 and over 50 years of industry experience, appeals to seasoned traders seeking access to a vast array of over 17,000 markets and top-tier regulatory oversight. Meanwhile, Monex, rated 3.42/5, is ideal for international traders attracted by its zero minimum deposit and global presence, though it offers a more limited range of markets compared to IG Group. While IG Group stands out for its comprehensive research tools and extensive market access, Monex provides an accessible entry point with its TradeStation platform and international focus.
IG Group
Monex
| IG Group | Monex | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.5/5 |
| Min. Deposit | $250 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:200 ✓ | 1:3 |
| Regulation | FCA, ASIC, MAS ✓ | FSA, SEC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile, TradeStation JP |
IG Group is the better choice overall, scoring 4.3/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).
See full side-by-side comparison belowIG Group vs Monex: Key Differences
IG Group
WinnerMonex
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Fees Comparison
IG Group
Monex
BrokerRank Verdict
Who Should Choose Which?
IG Group
4.3/5
Choose IG Group if you want…
- Higher overall rating (4.3/5)
- No per-trade commission
- Higher leverage (up to 1:200)
- More regulatory licences (4)
Monex
3.5/5
Choose Monex if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
Also consider
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Both IG Group & Monex are available in
Frequently Asked Questions
1Is IG Group better than Monex?
IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 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, IG Group or Monex?
IG Group offers spreads from 0.6 pips, while Monex starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IG Group vs Monex?
IG Group requires a minimum deposit of $250. Monex requires $0.
4Which broker is safer, IG Group or Monex?
IG Group is regulated by FCA, ASIC, MAS, SEC, while Monex holds licences from FSA, SEC.
5What trading platforms do IG Group and Monex support?
IG Group supports Proprietary Web, Proprietary Mobile, MT4. Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP.
6Can I use both IG Group 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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