monex

General Information & Regulation

MONEX is an online securities company based in Tokyo, Japan, and wholly owned by the Monex Group. Monex is an online securities company formed through the merger of Monex, Inc. and Nikko Beans

MONEX currently holds a retail foreign exchange license (license number: 1010001064546) from the Financial Services Agency of Japan. MONEX, Inc. is a member of Japan securities Dealers Association, Type II Financial Instruments Firms Association, The Financial Futures Association of Japan, Japan Virtual and Crypto Assets Exchange Association and Japan Investment Adviser Association.

Market Instruments

MONEX provides investors with products and services such as domestic stocks, US stocks, Chinese stocks, investment trusts, bonds, IPOs, stock lending services, ETFs, foreign exchange currency pairs, cryptocurrency CFDs, bonds, etc.

MONEX Fees

The diverse lineup of products offered by MONEX is from 110 yen for physical trading to 99 yen for margin trading (tax included), both beginners and experienced traders can make a small investment at a reasonable price. The monthly Fixed Commission Process calculates the commission for the total daily contract amount, which traders can choose according to their needs. For example, the brokerage fee for China stocks (tax included) is 0.275% of the contract price (minimum fee HK$49.5, maximum fee HK$495). The fee for Nikkei 225 Mini Index is 38 yen per order, and the fee for Nikkei 225 Futures is 275 yen per order.

Trading Platforms AVailable

MONEX offers a variety of trading platforms for traders to choose flexibly. These trading platforms are Monex Trader (Stocks & Futures), Monex Trader FX (Forex), Multiboard 500, Full Board Information Tool, Market Board, and Monex Vision.

Deposit and Withdrawal

MONEX offers a wide range of deposit and withdrawal options. Investors can fund their investment accounts through instant deposit services, regular automatic deposit services, ATM deposits through Monex Saison cards, bank transfers.

Customer Support

Clients with any inquiries or trading-related issues can get in touch with MONEX through the following contact channels:

Telephone: +81 0120-430-283

Email: feedback@monex.co.jp

You can also follow MONEX on some popular social media platforms, such as Twitter, Facebook and Youtube.

Pros & Cons

Frequently Asked Questions

Is MONEX regulated？

MONEX is authorized and regulated by the FSA in Japan under regulatory license number 1010001064546.

What trading instruments does MONEX offer？

Monex provides investors with products and services such as domestic stocks, US stocks, Chinese stocks, investment trusts, bonds, IPOs, stock lending services, ETFs, foreign exchange currency pairs, cryptocurrency CFDs, bonds, etc.

What is the minimum deposit amount required by MONEX ？

The minimum deposit amount to trade with Monex is unknown.

What trading platform does MONEX offer？

MONEX provides multiple trading platform options, including Monex Trader (Stocks & Futures), Monex Trader FX (Forex), Multiboard 500, Full Board Information Tool, Market Board, and Monex Vision.

Can I trade Forex pairs on the MONEX platform？

Yes, you can trade forex on the Monex platform.

go-markets

General information and regulations of GO MARKETS

GO MARKETS is an online forex broker registered in Seychelles and regulated by ASIC, CYSEC, FSC and FSA.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

Market instruments

Currency pairs, indices, commodities, metals, energy, stocks.....GO MARKETS allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on GO MARKETS. However, cryptocurrencies are currently unavailable.

Spreads and commissions for trading with GO MARKETS

Spreads, commissions and other additional trading cost are quite important when it comes to calculating the gains and losses. In the case of GO MARKETS, it provides a real-time spread table. We can see that the spread for EURUSD is 1.7 pips. The commissions depend on the account types.

Account Types for GO MARKETS

Demo Account: GO MARKETS provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: GO MARKETS offers a total of 2 account types: standard and pro. The minimum deposit to open an account is $500 and $3,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a standard account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

Trading platforms offered by GO MARKETS

As for trading platforms, clients can choose between the market leaders MetaTrader4 and MetaTrader5, which can be accessed from many devices.

However, have you ever wondered or are you wondering which platform you should use？ Our team has the corresponding article for your reference. The article details the similarities and differences between the two and gives specific advice.

https://www.wikifx.com/es/wikishow/202207208464173722.html

Leverage offered by GO MARKETS

GO MARKETS offers a maximum leverage of up to 1:500, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Deposit and withdrawal methods and fees

GO MARKETS is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.

Educational resources

A series of educational resources is available at GO MARKETS, such as aurochartist, trading central, economic calendar and VPS.

Customer support of GO MARKETS

Below are the details about the customer service.

Language(s): English, Chinese

Service Hours: 24/5

Email: Support@gomarkets.sc AsiaAccounts@gomarkets.sc

Phone Number: +248 4 671 903

400 120 8537

Address: Office No. 1, First Floor, Sivas Complex, Providence, Mahe, Seychelles

Social media: Facebook, Instagram, LinkedIn, YouTube, twitter

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed.

Advantages and disadvantages of GO MARKETS

Advantages:

High leverage

MT4, MT5

Sufficient information

Educational resources

Demo account

Disadvantages:

No effective regulation

No cryptocurrencies

Few deposit and withdrawal methods

Frequent asked questions about GO MARKETS

Is this broker well regulated？

Yes, it is currently effectively regulated by ASIC, CYSEC, FSC and FSA.

Can I trade cryptocurrencies in GO MARKETS？

No, GO MARKETS does not currently offer cryptocurrency trading services.