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Do you want to know which is the better broker between MONEX and Grand Capital ?
In the table below, you can compare the features of MONEX , Grand Capital side by side to determine the best fit for your needs.
EURUSD: 0.6
XAUUSD: --
Long: -3.48
Short: 1.48
Long: -5.39
Short: 3.39
Long: -12.68
Short: 4.02
Long: -18.32
Short: 3.52
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of monex, grand-capital lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Registered Country/Region | Japan |
Regulation | FSA |
Minimum Deposit | N/A |
Maximum Leverage | 1:25 |
Minimum Spreads | N/A |
Trading Platform | Monex Trader (Stocks & Futures), Monex Trader FX (Forex), Multiboard 500, Full Board Information Tool, Market Board, and Monex Vision |
Customer Support | Email & Phone support |
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
Pros | Cons |
FSA-regulated | No clear Minimum deposit info |
Diversified range of products & services | Average customer support |
Multiple trading platform options | |
Various payment methods |
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.
General Information & Regulation
Grand Capital Holdings Limited is a financial services firm based in Hong Kong. Its wholly owned subsidiaries of Grand Capital Securities Limited and Grand Capital Futures Limited, offer execution and advisory services to individuals, corporations and institutions through its brokerage, wealth management, asset management and institutional divisions. Clients can utilize self-directed and advisor assisted channels to access global markets and gain exposure to multiple asset classes. Grand Capital is licensed by SFC to conduct type 1, 2, 4, 5 and 9 regulated activities and holds trading and clearing memberships on the Stock Exchange of Hong Kong and Hong Kong Futures Exchange.
Products
Products offered by Grand Capital Holdings Limited include Securities, Futures, Stock Options, and Fixed Income.
Services
Services offered by Grand Capital Holdings Limited include Brokerage services, Wealth Management, Asset Management, Institutional Services.
Trading Platform Available
Grand Capital Holdings Limited gives its clients give two choices: iTrade and WebTrade.
Customer Support
TheGrand Capital Holdings Limited customer support can be reached through telephone: Tel +852 3891 9888, Fax: +852 2529 2899 , as well as email: cs@grandch.com.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive monex and grand-capital are, we first considered common fees for standard accounts. On monex, the average spread for the EUR/USD currency pair is -- pips, while on grand-capital the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
monex is regulated by FSA. grand-capital is regulated by SFC.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
monex provides trading platform including -- and trading variety including --. grand-capital provides trading platform including -- and trading variety including --.