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MONEX , JFD Broker Comparison

Do you want to know which is the better broker between MONEX and JFD ?

In the table below, you can compare the features of MONEX , JFD side by side to determine the best fit for your needs.

  • WikiFX rating
  • Basic Information
  • Benchmark
  • Account
  • Relevant information
  • WikiFX rating
  • Basic Information
  • Benchmark
  • Account
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 2 / 3   brokers in total
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Risk Evaluation
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Basic Information
Regulatory license
Deposit and withdrawal method
Transaction environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account name
Funding Requirement
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum position
Lock postition
EA trading
Under guarantee
15-20 years



16.93 USD/Lot

Long: -3.48

Short: 1.48

Long: -5.39

Short: 3.39

Under guarantee
10-15 years
Foreign exchange, precious metals, stocks, indices, bonds, commodities
500 usd
from 0 pip
0.01 lot

MONEX 、 JFD BrokersRelevant information

Which broker is more reliable?

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, jfd 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:

Forex broker introduction


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.


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


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.


Basic Information
Registered Country/Region Cyprus
Regulation CySEC, FCA, BDF, BaFin, VFSC
Founding Time 2011
Minimum Deposit 500 US$
Maximum Leverage 1:30/1:400
Minimum Spreads 0.4 pips on EUR/USD pair
Trading Platform MT4 & MT5, WebTrader
Trading Assets Foreign exchange, precious metals, stocks, indices, commodities, cryptocurrencies
Payment Methods Bank transfer, Sofort bank transfer, Skrill, Safecharge, UnionPay
Customer Support 5 /24 Live Chat, Phone, Emails

General Information & Regulation

JFD is a professional online Forex and CFD broker founded in 2011, headquartered in Limassol, Cyprus, with offices in Germany and Spain. The broker currently holds an STP license authorized by the Cyprus Securities and Exchange Commission (license number: 150/11), a retail forex license licensed by the German Federal Financial Authority (license number: 120056), and a retail forex license authorized by the Vanuatu Financial Services Commission (license number: 17933).

Pros & Cons of JFD

JFD is a forex broker that offers easy account opening, a variety of trading platforms, and access to regulated markets, all of which contribute to the broker's reputation as a reliable place to do business. Traders have access to training and a variety of funding options.

Negative aspects include the lack of round-the-clock service and the fact that, depending on local regulations, some places may offer more favorable terms than others.

Pros Cons
Heavily regulated High minimum deposit
MT4 & MT5, WebTrader No Swap-free accounts
Multiple trading assets to trade Only one type of account
High Leverage for professional clients
Additional educational resources
Social trading allowed
Multiple Payment Methods

Market Instruments

JFDprovides investors with a wide variety of tradable financial instruments, mainly foreign exchange, precious metals, stocks, indices, commodities, cryptocurrencies, exchange-traded funds, etc.

market -instruments

Account Types

JFD Brokers offers traders an account type with a minimum deposit of $500/£/€/CHF, which is higher than most brokers' requirements for this type account. Account features are listed below:

  • Account base currencies: USD, GBP, EUR, and CHF

  • Minimum deposit: 500 USD/GBP/EUR/CHF

  • Margin call level: 100%

  • Stop out level: 50%

  • Negative balance protection

  • Post-trade transparency

  • Anonymity to LPs

  • Hedging available

  • Scalpers / EAs welcome


JFD is subject to the laws and regulations of each jurisdiction in which it operates. For this reason, JFD often employs a smaller leverage ratio. In addition, traders based in Europe can utilize a maximum leverage of 1:30 on Forex products, while traders based elsewhere who use JFD can ask for a leverage of up to 1:400. The leverage is 1:30 for major currency pairs, 1:20 for minor currency pairs, 1:20 for gold trading, 1:5 for silver trading, and 1:5 for stocks trading.

Spreads & Commissions

The minimum spread is 0.4 pips for EURUSD and 1.0 pips for GBPUSD. The commission for Forex and precious metals trading is 3 USD / 2.75 EUR / 2.5 GBP / 3 CHF (one side) / per lot for precious metals trading. Commission for index trading is USD/€/£/CHF 0.1 per CFD per side. Commission for stock trading: $0.02 per share / minimum ticket fee of $5 per side for US stocks and 0.05% of order volume / minimum ticket fee of $5 per side for French / German / Dutch / Spanish / UK stocks.

Trading Platforms

JFD Brokers offers traders the market-leading and highly acclaimed MT4 and MT5, as well as a Webtrader and Stock 3 trading platform. The trader adds over 500 instruments from 8 asset classes to the MT4 platform - including Forex, precious metals, indices (spot and futures) ETFs and ETNs, etc. In addition, traders can use MT4 to connect up to 20+ limited partners through a pure broker-only model, which is a fairer and more direct way to trade. Both versions support the desktop version. Both versions are available in desktop, web, and mobile versions.


All in all, these platforms provide the maximum in trading possibilities, with varying features that cater to different trading styles. Options for automating, engaging in technical trading, or utilizing social trading skills; platforms accessible via desktop, web, and mobile application versions.

Deposit & Withdrawal

JFD Brokers minimum deposit amount is 500$ regardless of the platform or a trading account you choose to trade. Funding or transferring money into your trading account is the first step toward real trading. Payment can be made via bank transfer, Sofort bank transfer (with a 1.8% deposit cost), or via several online payment methods such as Skrill (2.9% fee), Safecharge (1.95% fee), or UnionPay (no fee). As a result, it is essential to research all of the expenses associated with the various payment options before making a final decision.

You must use the same methods to withdraw the funds, but some of them may charge you a fee for doing so. As a result, a one percent fee will be assessed by both Skrill and Safecharge.


Customer Support

JFD Brokers provides 5/24 customer support, and clients with any inquiries and trading-related issues can get in touch with this broker through email, telephone, live chat. Or you can follow this broker on some social media platforms like Linkedin, Twitter, Facebook, Youtube, and Telegram.


Educational Resources

When it comes to traders, JFD presented a quality service that doesn't discriminate based on client size or trading expertise. The market is analyzed regularly, and cutting-edge instructional tools and data are provided by an award-winning research team.

Despite the company's relative youth, it has already earned praise from respected media and satisfied customers for its rapid expansion and reliability.

Are the transaction costs and expenses of monex, jfd lower?

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 jfd are, we first considered common fees for standard accounts. On monex, the average spread for the EUR/USD currency pair is -- pips, while on jfd the spread is from 0 pip.

Which broker between monex, jfd is safer?

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. jfd is regulated by CYSEC,BaFin,BDF,FCA,VFSC.

Which broker between monex, jfd provides better trading platform?

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 --. jfd provides trading platform including MT4 and trading variety including Foreign exchange, precious metals, stocks, indices, bonds, commodities.

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