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Side-by-Side Comparison Independent Updated Oct 19, 2026

Monex vs Bajaj Broking 2026: Which Broker is Better?

Compare Monex and Bajaj Broking side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Monex

Bajaj Broking

Higher ratedMonex logo

Monex

3.5/ 5
Visit Monex →Full review
VS
MonexBajaj Broking
BrokerRank Score3.5/5 ✓2.9/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:31:5 ✓
RegulationFSA, SEC ✓SEBI
PlatformsProprietary Web, Proprietary Mobile, TradeStation JPProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
MonexBajaj Broking
Best for Low Fees
MonexBajaj Broking
Best for Regulation
MonexBajaj Broking
Best Overall
MonexBajaj Broking
Quick Answer

Monex is the better choice overall, scoring 3.5/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).

See full side-by-side comparison below

Monex vs Bajaj Broking: Key Differences

Feature

Monex

Winner

Bajaj Broking

Our Rating
3.5 / 5
2.9 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.5/lot
None
Regulated By
FSASEC
Platforms
Proprietary Web, Proprietary Mobile, TradeStation JP
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Crypto, Forex
Stocks, Etf, Indices, Commodities
Founded
1999
2023
Headquarters
Tokyo, Japan
Pune, India
Score
2 / 3
1 / 3

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Fees Comparison

Fee

Monex

Bajaj Broking

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

BrokerRank Verdict

Monex scores 3.54/5 while Bajaj Broking scores 2.89/5 in our independent rating.

Monex edges ahead overall, but Bajaj Broking may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Monex

Monex

3.5/5

Top pick

Choose Monex if you want…

  • Higher overall rating (3.5/5)
  • More regulatory licences (2)
  • More established (est. 1999)
  • More platforms (3 supported)
Bajaj Broking

Bajaj Broking

2.9/5

Choose Bajaj Broking if you want…

  • No per-trade commission
  • Higher leverage (up to 1:5)

Also consider

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Frequently Asked Questions

1

Is Monex better than Bajaj Broking?

Monex scores higher overall on our independent rating system. Monex holds a 3.5/5 rating vs Bajaj Broking's 2.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Monex or Bajaj Broking?

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

3

What is the minimum deposit for Monex vs Bajaj Broking?

Monex requires a minimum deposit of $0. Bajaj Broking requires $0.

4

Which broker is safer, Monex or Bajaj Broking?

Monex is regulated by FSA, SEC, while Bajaj Broking holds licences from SEBI.

5

What trading platforms do Monex and Bajaj Broking support?

Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. Bajaj Broking supports Proprietary Web, Proprietary Mobile.

6

Can I use both Monex and Bajaj Broking?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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