Monex
Nexo
VS
Higher Rated
Monex
Capital at risk · T&Cs apply
Choosing between Monex and Nexo depends on your trading style, preferred markets, and budget. Monex is headquartered in Tokyo, Japan, while Nexo operates from London, UK. Monex has the longer track record, established in 1999, compared to Nexo which was founded in 2018. 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
Nexo
Monex is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Monex
3.4 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Monex
2 vs 1 licences
Min. Deposit
Tied
$0 vs $0
Monex
WinnerNexo
Monex
Nexo
Monex holds licences from SEC, FSA. Nexo is regulated by FCA.
Both brokers offer access to Crypto markets. Monex additionally covers Stocks, Etf, Forex.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. Nexo offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Monex requires no minimum deposit, while Nexo sets no minimum deposit. This makes Monex accessible to traders with any budget.
BrokerRank scores Monex at 3.42/5 and Nexo at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Monex leads overall with a clear advantage.
Monex scores higher overall on our independent rating system. Monex holds a 3.4/5 rating vs Nexo's 3.2/5. 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 Nexo starts at 0 pips. Check the fees section above for a full breakdown.
Monex requires a minimum deposit of $0. Nexo requires $0.
Monex is regulated by FSA, SEC, while Nexo holds licences from FCA.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. Nexo supports Proprietary Web, Proprietary Mobile.
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.