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Monex

4.0(900 reviews)

Japanese online broker with global market access and crypto subsidiary

FSA Japan RegulatedSince 1999
80
Trust Score
Very Good
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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

0 ¥
Min. Deposit
6
Instruments
FSA Japan
Regulation
3
Platforms

Key Features

Japanese Stocks

Japanese Stocks trading available

US Stocks

US Stocks trading available

Chinese Stocks

Chinese Stocks trading available

FX

FX trading available

Options

Options trading available

Crypto

Crypto trading available

Monex TradeStation

Trading Platform

Monex Web

Trading Platform

Ferci App

Trading Platform

Advantages

  • Access to US, Japan and China stocks
  • Commission-free US stock trading
  • Monex crypto subsidiary for crypto trading
  • TradeStation platform for advanced analysis

Disadvantages

  • Fees for Japanese stocks not the lowest
  • Platform predominantly in Japanese

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About Monex

Monex Group was founded in 1999 in Tokyo and has evolved into an internationally operating financial group. The Monex Group encompasses brokerage services in Japan, the US (via TradeStation), and cryptocurrency trading through Coincheck. The Japanese subsidiary is regulated by FSA Japan and is one of the most established online brokers in the country. Monex stands out for its access to global markets: alongside Japanese stocks, users can also trade US and Chinese stocks, with US stock trading being commission-free. Through its crypto subsidiary Coincheck, Monex also provides access to the crypto market. The TradeStation platform is available for advanced technical analysis. Monex targets Japanese investors who want to diversify internationally beyond the domestic market. The combination of global market access, professional analysis tools, and the crypto offering makes Monex a versatile choice. However, the platform is mainly available in Japanese.

Monex FAQ

Is US stock trading on Monex really free?
Yes, Monex offers US stock trading without commission. However, exchange rate fees and other minor ancillary costs may apply. The minimum order size is 1 share.
What is Coincheck and how is it connected to Monex?
Coincheck is a Japanese crypto exchange that was acquired by Monex Group in 2018. Through the integration, Monex customers can access cryptocurrency trading. Coincheck is also registered with FSA Japan.
Which platforms does Monex offer?
Monex offers the web platform for browser-based trading, Monex TradeStation for advanced technical analysis and algorithmic trading, and the Ferci app for mobile trading. Each platform targets different user needs.