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

MultiBank Group vs Monex 2026: Which Broker is Better?

Choosing between MultiBank Group and Monex depends on your trading style, preferred markets, and budget. MultiBank Group is headquartered in Dubai, UAE, while Monex operates from Tokyo, Japan. Monex has the longer track record, established in 1999, compared to MultiBank Group which was founded in 2005. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

MultiBank Group

Monex

Higher ratedMultiBank Group logo

MultiBank Group

3.6/ 5
Visit MultiBank Group →Full review
VS
MultiBank GroupMonex
BrokerRank Score3.6/5 ✓3.5/5
Min. Deposit$50$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:3
RegulationASIC, FCA, CySEC ✓FSA, SEC
PlatformsMT4, MT5Proprietary Web, Proprietary Mobile, TradeStation JP
Quick VerdictBrokerRank recommends
Best for Beginners
MonexMultiBank Group
Best for Low Fees
MultiBank GroupMonex
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, MultiBank Group offers lower spreads (0 pips).

See full side-by-side comparison below

MultiBank Group vs Monex: Key Differences

Feature

MultiBank Group

Monex

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

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Fees Comparison

Fee

MultiBank Group

Monex

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

Regulation & Trust

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

Markets & Assets

Both brokers offer access to Forex, Stocks markets. MultiBank Group additionally covers Cfd, Indices, Commodities. Monex adds Etf, Crypto.

Trading Platforms

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

Minimum Deposit

MultiBank Group requires a minimum deposit of $50, while Monex sets no minimum deposit. This makes Monex accessible to traders with any budget.

Overall Ratings

BrokerRank scores MultiBank Group at 3.60/5 and Monex at 3.42/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. MultiBank Group leads overall with a clear advantage.

BrokerRank Verdict

MultiBank Group is our recommended pick in this comparison, scoring 3.60/5 versus Monex's 3.42/5. MultiBank Group holds more tier-1 licences (ASIC, FCA), offering stronger regulatory protection. Traders with smaller budgets may find Monex's lower minimum deposit of $0 more accessible. Monex is still a solid option for beginners starting with a smaller initial capital, but MultiBank Group offers a stronger overall package for the majority of traders.

Who Should Choose Which?

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)
Monex

Monex

3.5/5

Choose Monex if you want…

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

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Both MultiBank Group & Monex are available in

Frequently Asked Questions

1

Is MultiBank Group better than Monex?

MultiBank Group scores higher overall on our independent rating system. MultiBank Group holds a 3.6/5 rating vs Monex's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, MultiBank Group or Monex?

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

3

What is the minimum deposit for MultiBank Group vs Monex?

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

4

Which broker is safer, MultiBank Group or Monex?

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

5

What trading platforms do MultiBank Group and Monex support?

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

6

Can I use both MultiBank Group and Monex?

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

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