Monex
RoboForex
VS
Higher Rated
Monex
Capital at risk · T&Cs apply
Choosing between Monex and RoboForex depends on your trading style, preferred markets, and budget. Monex is headquartered in Tokyo, Japan, while RoboForex operates from Belize City, Belize. Monex has the longer track record, established in 1999, compared to RoboForex which was founded in 2009. 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
RoboForex
Monex is the better choice overall, scoring 3.4/5 vs 3.3/5 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 3.3
Lowest Fees
Tied
0 vs 0 pips
Regulation
Monex
2 vs 1 licences
Min. Deposit
Monex
$0 vs $10
Monex
WinnerRoboForex
Monex
Lower feesRoboForex
Monex holds licences from SEC, FSA. RoboForex is regulated by FSA.
Both brokers offer access to Stocks, Forex markets. Monex additionally covers Etf, Crypto. RoboForex adds Cfd, Indices, Commodities.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. RoboForex offers MT4, MT5, Proprietary Web. Both brokers are available on Proprietary Web.
Monex requires no minimum deposit, while RoboForex sets a minimum deposit of $10. This makes Monex accessible to traders with any budget.
BrokerRank scores Monex at 3.42/5 and RoboForex at 3.27/5, 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 RoboForex's 3.3/5. 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 RoboForex starts at 0 pips. Check the fees section above for a full breakdown.
Monex requires a minimum deposit of $0. RoboForex requires $10.
Monex is regulated by FSA, SEC, while RoboForex holds licences from FSA.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. RoboForex supports MT4, MT5, Proprietary Web.
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.