Monex
LHV
VS
Higher Rated
Monex
Capital at risk · T&Cs apply
Choosing between Monex and LHV depends on your trading style, preferred markets, and budget. Monex is headquartered in Tokyo, Japan, while LHV operates from Tallinn, Estonia. Monex has the longer track record, established in 1999, compared to LHV which was founded in 1999. 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
LHV
| Monex | LHV | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:3 | 1:5 ✓ |
| Regulation | FSA, SEC | Finantsinspektsioon, FCA |
| Platforms | Proprietary Web, Proprietary Mobile, TradeStation JP | Proprietary Web, Proprietary Mobile, LHV Broker |
Monex is the better choice overall, scoring 3.4/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).
See full side-by-side comparison belowMonex
WinnerLHV
Monex
LHV
Lower feesMonex holds licences from SEC, FSA. LHV is regulated by FCA, Finantsinspektsioon.
Both brokers offer access to Stocks, Etf, Crypto markets. Monex additionally covers Forex. LHV adds Indices.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. LHV offers Proprietary Web, Proprietary Mobile, LHV Broker. Both brokers are available on Proprietary Web, Proprietary Mobile.
Monex requires no minimum deposit, while LHV sets no minimum deposit. This makes Monex accessible to traders with any budget.
BrokerRank scores Monex at 3.42/5 and LHV at 3.36/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Monex leads overall with a clear advantage.
Monex
3.4/5
Choose Monex if you want…
LHV
3.4/5
Choose LHV if you want…
Monex scores higher overall on our independent rating system. Monex holds a 3.4/5 rating vs LHV's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Monex offers spreads from 0 pips, while LHV starts at 0 pips. Check the fees section above for a full breakdown.
Monex requires a minimum deposit of $0. LHV requires $0.
Monex is regulated by FSA, SEC, while LHV holds licences from Finantsinspektsioon, FCA.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. LHV supports Proprietary Web, Proprietary Mobile, LHV Broker.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.