Monex vs GO Markets 2026: Which Broker is Better?
Choosing between Monex and GO Markets depends on your trading style, preferred markets, and budget. Monex is headquartered in Tokyo, Japan, while GO Markets operates from Melbourne, Australia. Monex has the longer track record, established in 1999, compared to GO Markets which was founded in 2006. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Monex
GO Markets
| Monex | GO Markets | |
|---|---|---|
| BrokerRank Score | 3.5/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0 pips ✓ | 0.1 pips |
| Max Leverage | 1:3 | 1:500 ✓ |
| Regulation | FSA, SEC | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile, TradeStation JP | MT4, MT5 |
Monex is the better choice overall, scoring 3.5/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).
See full side-by-side comparison belowMonex vs GO Markets: Key Differences
Monex
WinnerGO Markets
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Fees Comparison
Monex
Lower feesGO Markets
Regulation & Trust
Monex holds licences from SEC, FSA. GO Markets is regulated by ASIC, CySEC.
Markets & Assets
Both brokers offer access to Crypto, Forex markets. Monex additionally covers Stocks, Etf. GO Markets adds Cfd, Indices, Commodities.
Fees & Spreads
On spreads, Monex is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at GO Markets.
Trading Platforms
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. GO Markets offers MT4, MT5.
Minimum Deposit
Monex requires no minimum deposit, while GO Markets sets a minimum deposit of $200. This makes Monex accessible to traders with any budget.
Overall Ratings
BrokerRank scores Monex at 3.42/5 and GO Markets at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Monex leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Monex
3.5/5
Choose Monex if you want…
- Higher overall rating (3.5/5)
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 1999)
GO Markets
3.3/5
Choose GO Markets if you want…
- Higher leverage (up to 1:500)
- More market types (5)
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.
Frequently Asked Questions
1Is Monex better than GO Markets?
Monex scores higher overall on our independent rating system. Monex holds a 3.5/5 rating vs GO Markets's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Monex or GO Markets?
Monex offers spreads from 0 pips, while GO Markets starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Monex vs GO Markets?
Monex requires a minimum deposit of $0. GO Markets requires $200.
4Which broker is safer, Monex or GO Markets?
Monex is regulated by FSA, SEC, while GO Markets holds licences from ASIC, CySEC.
5What trading platforms do Monex and GO Markets support?
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. GO Markets supports MT4, MT5.
6Can I use both Monex and GO Markets?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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