Plus500 vs Monex 2026: Which Broker is Better?
Choosing between Plus500 and Monex depends on your trading style, preferred markets, and budget. Plus500 is headquartered in Haifa, Israel, while Monex operates from Tokyo, Japan. Monex has the longer track record, established in 1999, compared to Plus500 which was founded in 2008. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Plus500
Monex
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.
| Plus500 | Monex | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.5/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:30 ✓ | 1:3 |
| Regulation | FCA, CySEC, ASIC ✓ | FSA, SEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, TradeStation JP |
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 belowPlus500 vs Monex: Key Differences
Plus500
WinnerMonex
Fees Comparison
Plus500
Monex
Regulation & Trust
Plus500 holds licences from FCA, ASIC, MAS. Monex is regulated by SEC, FSA.
Markets & Assets
Both brokers offer access to Forex, Stocks markets. Plus500 additionally covers Cfd, Indices, Commodities. Monex adds Etf, Crypto.
Fees & Spreads
On spreads, Monex is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Plus500.
Trading Platforms
Plus500 supports Proprietary Web, Proprietary Mobile. Monex offers Proprietary Web, Proprietary Mobile, TradeStation JP. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Plus500 requires a minimum deposit of $100, while Monex sets no minimum deposit. This makes Monex accessible to traders with any budget.
Overall Ratings
BrokerRank scores Plus500 at 3.98/5 and Monex at 3.42/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Plus500 leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
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)
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)
Also consider
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Both Plus500 & Monex are available in
Frequently Asked Questions
1Is Plus500 better than Monex?
Plus500 scores higher overall on our independent rating system. Plus500 holds a 4.0/5 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.
2Which has lower fees, Plus500 or Monex?
Plus500 offers spreads from 0.6 pips, while Monex starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Plus500 vs Monex?
Plus500 requires a minimum deposit of $100. Monex requires $0.
4Which broker is safer, Plus500 or Monex?
Plus500 is regulated by FCA, CySEC, ASIC, MAS, while Monex holds licences from FSA, SEC.
5What trading platforms do Plus500 and Monex support?
Plus500 supports Proprietary Web, Proprietary Mobile. Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP.
6Can I use both Plus500 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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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.