Monex
Plus500
VS
Higher Rated
Plus500
Capital at risk · T&Cs apply
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
| Monex | Plus500 | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:3 | 1:300 ✓ |
| 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 3.4/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).
See full side-by-side comparison belowMonex
Plus500
WinnerMonex
Plus500
Monex
3.4/5
Choose Monex if you want…
Plus500
4.0/5
Choose Plus500 if you want…
Plus500 scores higher overall on our independent rating system. Monex holds a 3.4/5 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.
Monex offers spreads from 0 pips, while Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
Monex requires a minimum deposit of $0. Plus500 requires $100.
Monex is regulated by FSA, SEC, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. Plus500 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.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.