Angel One
SEBI
Monex
FSA Japan
Angel One vs Monex
Head-to-Head Comparison 2026
Our Verdict
Angel One has been in the market since 1996, making it the more experienced provider.
Comparison Table
| Criteria | Angel One | Monex |
|---|---|---|
| Rating | 4/5 (1800 reviews) | 4/5 (900 reviews) |
| Regulation | SEBI | FSA Japan |
| Fees | ₹0 for delivery, ₹20 per intraday/F&O order | ¥55–¥1,650 per trade (Japanese stocks), US stocks $0 commission |
| Min. Deposit | 0 ₹ | 0 ¥ |
| Instruments | Indian Stocks, F&O, Commodities, Currency, Mutual Funds, IPOs | Japanese Stocks, US Stocks, Chinese Stocks, FX, Options, Crypto |
| Platforms | Angel One App, Angel One Web, SmartAPI | Monex TradeStation, Monex Web, Ferci App |
| Options Trading | Yes, stock options on NSE/BSE | Yes, Japanese and US options |
| Founded | 1996 | 1999 |
| Headquarters | Mumbai | Tokyo |
Detailed Comparison
Fee Comparison
Angel One: ₹0 for delivery, ₹20 per intraday/F&O order. Minimum deposit: 0 ₹.
Monex: ¥55–¥1,650 per trade (Japanese stocks), US stocks $0 commission. Minimum deposit: 0 ¥.
Product Range
Angel One (6 categories)
Monex (6 categories)
Trading Platforms
Angel One
- Angel One App
- Angel One Web
- SmartAPI
Monex
- Monex TradeStation
- Monex Web
- Ferci App
Regulation & Security
Angel One is regulated by SEBI (HQ: Mumbai).
Monex is regulated by FSA Japan (HQ: Tokyo).
Who Is It For?
Angel One
Established Indian full-service broker with SmartAPI and AI signals
✓ Over 25 years of experience in Indian markets
✓ SmartAPI for algorithmic trading
✓ AI-based trading recommendations
✗ Only Indian markets, no global access
✗ Platform can feel cluttered for beginners
Monex
Japanese online broker with global market access and crypto subsidiary
✓ Access to US, Japan and China stocks
✓ Commission-free US stock trading
✓ Monex crypto subsidiary for crypto trading
✗ Fees for Japanese stocks not the lowest
✗ Platform predominantly in Japanese
Frequently Asked Questions
Is Angel One or Monex cheaper?
Which broker offers more products: Angel One or Monex?
Which broker is better regulated?
Is Angel One or Monex better for beginners?
Angel One vs Monex: Which broker is better overall?
Angel One
Established Indian full-service broker with SmartAPI and AI signals
Open Account →From 0 ₹ min. deposit
Monex
Japanese online broker with global market access and crypto subsidiary
Open Account →From 0 ¥ min. deposit