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Side-by-Side Comparison Independent Updated Oct 2, 2026

Monex vs MultiBank Group 2026: Which Broker is Better?

In this broker comparison, we examine Monex and MultiBank Group, two firms catering to distinct trader needs. Monex, with a rating of 3.42/5 and headquartered in Tokyo, appeals to international traders seeking a regulated environment with a focus on stocks, ETFs, and crypto, backed by the FSA and SEC. In contrast, MultiBank Group, rated 3.6/5 and based in Dubai, offers extensive leverage and a broader range of instruments, attracting seasoned traders who require high leverage and access to diverse markets. While Monex offers lower starting costs, MultiBank Group provides a more comprehensive platform selection, including MT4 and MT5, supported by strong regulatory oversight.

Monex

MultiBank Group

Higher ratedMultiBank Group logo

MultiBank Group

3.6/ 5
Visit MultiBank Group →Full review
VS
MonexMultiBank Group
BrokerRank Score3.5/53.6/5 ✓
Min. Deposit$0 ✓$50
Spread from0 pips0 pips
Max Leverage1:31:500 ✓
RegulationFSA, SECASIC, FCA, CySEC ✓
PlatformsProprietary Web, Proprietary Mobile, TradeStation JPMT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
MonexMultiBank Group
Best for Low Fees
MonexMultiBank Group
Best for Regulation
MultiBank GroupMonex
Best Overall
MultiBank GroupMonex
Quick Answer

MultiBank Group is the better choice overall, scoring 3.6/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).

See full side-by-side comparison below

Monex vs MultiBank Group: Key Differences

Feature

Monex

MultiBank Group

Our Rating
3.5 / 5
3.6 / 5
Min. Deposit
$0
$50
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.5/lot
$3/lot
Regulated By
FSASEC
Platforms
Proprietary Web, Proprietary Mobile, TradeStation JP
MT4, MT5
Markets
Stocks, Etf, Crypto, Forex
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
1999
2005
Headquarters
Tokyo, Japan
Dubai, UAE
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Monex

Lower fees

MultiBank Group

Spread From
0 pips
0 pips
Commission
$0.5/lot
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, Monex is the better choice due to its lower minimum deposit requirement and user-friendly proprietary platforms. Professional traders might prefer MultiBank Group, given its extensive market offerings and higher leverage options. In terms of fees, Monex edges out with its lower commission rates, making it a more cost-effective option for traders prioritising fee efficiency.

Who Should Choose Which?

Monex

Monex

3.5/5

Choose Monex if you want…

  • No minimum deposit
  • More established (est. 1999)
  • More platforms (3 supported)
MultiBank Group

MultiBank Group

3.6/5

Top pick

Choose MultiBank Group if you want…

  • Higher overall rating (3.6/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)

Also consider

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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.

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80% of retail CFD accounts lose money.

Both Monex & MultiBank Group are available in

Frequently Asked Questions

1

Is Monex better than MultiBank Group?

MultiBank Group scores higher overall on our independent rating system. Monex holds a 3.5/5 rating vs MultiBank Group's 3.6/5. 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 MultiBank Group?

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

3

What is the minimum deposit for Monex vs MultiBank Group?

Monex requires a minimum deposit of $0. MultiBank Group requires $50.

4

Which broker is safer, Monex or MultiBank Group?

Monex is regulated by FSA, SEC, while MultiBank Group holds licences from ASIC, FCA, CySEC.

5

What trading platforms do Monex and MultiBank Group support?

Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. MultiBank Group supports MT4, MT5.

6

Can I use both Monex and MultiBank Group?

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

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