Plus500
Monex
VS
Higher Rated
Plus500
Capital at risk · T&Cs apply
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
| Plus500 | Monex | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:300 ✓ | 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 3.4/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).
See full side-by-side comparison belowPlus500
WinnerMonex
Plus500
Monex
Plus500 holds licences from FCA, ASIC, MAS. Monex is regulated by SEC, FSA.
Both brokers offer access to Forex, Stocks markets. Plus500 additionally covers Cfd, Indices, Commodities. Monex adds Etf, Crypto.
On spreads, Monex is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Plus500.
Plus500 supports Proprietary Web, Proprietary Mobile. Monex offers Proprietary Web, Proprietary Mobile, TradeStation JP. Both brokers are available on Proprietary Web, Proprietary Mobile.
Plus500 requires a minimum deposit of $100, while Monex sets no minimum deposit. This makes Monex accessible to traders with any budget.
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.
Plus500
4.0/5
Choose Plus500 if you want…
Monex
3.4/5
Choose Monex if you want…
Plus500 scores higher overall on our independent rating system. Plus500 holds a 4.0/5 rating vs Monex's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Plus500 offers spreads from 0.6 pips, while Monex starts at 0 pips. Check the fees section above for a full breakdown.
Plus500 requires a minimum deposit of $100. Monex requires $0.
Plus500 is regulated by FCA, CySEC, ASIC, MAS, while Monex holds licences from FSA, SEC.
Plus500 supports Proprietary Web, Proprietary Mobile. Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP.
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.