Monex vs Deriv 2026: Which Broker is Better?
Compare Monex and Deriv side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Monex
Deriv
| Monex | Deriv | |
|---|---|---|
| BrokerRank Score | 3.5/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0 pips ✓ | 0.5 pips |
| Max Leverage | 1:3 | 1:1000 ✓ |
| Regulation | FSA, SEC | MFSA, Labuan FSA, BVI FSC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, TradeStation JP | MT5, Proprietary Web, Proprietary Mobile |
Deriv is the better choice overall, scoring 4.0/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).
See full side-by-side comparison belowMonex vs Deriv: Key Differences
Monex
WinnerDeriv
Fees Comparison
Monex
Deriv
BrokerRank Verdict
Monex scores 3.54/5 while Deriv scores 3.96/5 in our independent rating.
Deriv edges ahead overall, but Monex 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
3.5/5
Choose Monex if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
Deriv
4.0/5
Choose Deriv if you want…
- Higher overall rating (4.0/5)
- No per-trade commission
- Higher leverage (up to 1:1000)
- More regulatory licences (7)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Monex & Deriv are available in
Frequently Asked Questions
1Is Monex better than Deriv?
Deriv scores higher overall on our independent rating system. Monex holds a 3.5/5 rating vs Deriv's 4.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Monex or Deriv?
Monex offers spreads from 0 pips, while Deriv starts at 0.5 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Monex vs Deriv?
Monex requires a minimum deposit of $0. Deriv requires $5.
4Which broker is safer, Monex or Deriv?
Monex is regulated by FSA, SEC, while Deriv holds licences from MFSA, Labuan FSA, BVI FSC, VFSC, CIMA, FSC, CMA.
5What trading platforms do Monex and Deriv support?
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. Deriv supports MT5, Proprietary Web, Proprietary Mobile.
6Can I use both Monex and Deriv?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Deriv
Capital at risk · T&Cs apply