Monex vs Plus500 2026: Which Broker is Better?
In the "Monex vs Plus500" broker comparison, key differences emerge in their market focus and trading conditions. Monex, with its foundation in Tokyo and regulation by both the FSA and SEC, primarily caters to international traders seeking a broad range of asset classes including stocks, ETFs, and cryptocurrencies, despite its higher commission. In contrast, Plus500 appeals to CFD traders, offering a commission-free, user-friendly platform regulated across multiple jurisdictions, suitable for beginners and those seeking extensive leverage and a wide array of trading instruments.
Monex
Plus500
80% of retail CFD accounts lose money.
Plus500 offers CFDs only — CFDs on forex, indices, stocks, commodities & crypto. You trade on price movements and do not own the underlying assets. Maximum leverage up to 1:30 for retail clients; additional fees may apply.
| Monex | Plus500 | |
|---|---|---|
| BrokerRank Score | 3.5/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:3 | 1:30 ✓ |
| Regulation | FSA, SEC | FCA, CySEC, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, TradeStation JP | Proprietary Web, Proprietary Mobile |
Plus500 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 Plus500: Key Differences
Monex
Plus500
WinnerFees Comparison
Monex
Plus500
BrokerRank Verdict
Who Should Choose Which?
Monex
3.5/5
Choose Monex if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 1999)
- More platforms (3 supported)
Plus500
4.0/5
Choose Plus500 if you want…
- Higher overall rating (4.0/5)
- No per-trade commission
- Higher leverage (up to 1:30)
- More regulatory licences (4)
Also consider
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Both Monex & Plus500 are available in
Frequently Asked Questions
1Is Monex better than Plus500?
Plus500 scores higher overall on our independent rating system. Monex holds a 3.5/5 rating vs Plus500'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 Plus500?
Monex offers spreads from 0 pips, while Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Monex vs Plus500?
Monex requires a minimum deposit of $0. Plus500 requires $100.
4Which broker is safer, Monex or Plus500?
Monex is regulated by FSA, SEC, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
5What trading platforms do Monex and Plus500 support?
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. Plus500 supports Proprietary Web, Proprietary Mobile.
6Can I use both Monex and Plus500?
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.
Higher Rated
Plus500
80% of retail CFD accounts lose money.