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monexfx

Japan|5-10 years|
Regulated in Japan|Retail Forex License|Suspicious Scope of Business|Medium potential risk|

https://www.monexfx.co.jp/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Japan 2.90

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

0120-911-440
https://www.monexfx.co.jp/
〒107-6025 東京都港区赤坂1丁目12番32号

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Japanese

0120-911-440

Broker Information

More

Company Name

MONEX, Inc

Company Abbreviation

monexfx

Platform registered country and region

Japan

Company website

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2024-02-25
  • The current information shows that this broker does not have a trading software. Please be aware!

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monexfx · Company Summary

General Information

Monex, Inc. is an online securities company wholly owned by Monex Group, Inc. (Securities Code 8698). Monex, Inc was established in 1999, and as of March 31, 2021, there are 326 employees here. Monex, Inc is not subject to any regulation.

Products & Services

  • Domestic Stocks

  • Investment Trust

  • Bonds

  • Initial Public Offering (IPO)

  • Stock lending Services

  • Forex Trading

Currency pairs & Spreads

Monex FX offers prices according to the transaction volume at the time of ordering.

Spread differs according to order quantity. Take the USD/JPY pair as an example, order quantity between 1,000 to 10,000 currencies, the spread is 0.2 pips, 11,000 to 1,000,000, the spread 0.3 pips, 1,001,000-2,000,000, the spread 0.5 pips.

Customer Support

The Monexfx customer support can be reached through telephone: 0120-911-440

(toll free). Reception hours Weekdays 8: 00-17: 00.

Payment Methods

There are two payment methods available: Quick Deposit Service and Bank Transfer.

Using Quick Deposit Service can deposit via the company‘s web browser transaction screen, no transfer fee, and currency can only be deposit in JPY, available time: 24 hours a day, 365 days a year. Deposit via bank transfer can be done directly from Monex FX’s s counters, ATMs, and Internet banking. And currencies can be deposited in JPY, USD, EUR. As for the withdrawal, it can be processed through web and telephone. For withdrawal request by 15:00 on weekdays, JPY withdrawal will be processed next business day morning, and USD/EUR withdrawal will be processed 4 business days later. For request after 15:00 on weekdays, JPY currency will be processed in the morning of the next business day, and EUR&USD will be processed 5 business days later.

Trading Time

The trading hour will change depending on winter time and daylight saving time as shown in the table below.

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News

Monex Group Makes Bid For FTX Japan

NewsMonex Group Makes Bid For FTX Japan

2023-01-17 14:09

Monex Group, located in Tokyo, is interested in acquiring the Japanese arm of collapsed cryptocurrency exchange FTX.

WikiFX
2023-01-17 14:09
News
Monex Group Makes Bid For FTX Japan

User Reviews

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2

Comments

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FX1568987003
more than one year
The user interface is user-friendly, but customer support is slow. Trade execution speed varies, and reliability raises concerns. It's suitable for beginners, but advanced traders may find limitations.
2023-12-20 23:51
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品味人生
more than one year
It is a highly regulated Japanese Forex broker that offers a safe and secure trading environment and a variety of innovative trading tools. The interface of the trading platform is simple and easy to use, making it easy for beginners to get started. Their customer service is also excellent, 24 hours online, responsive and able to solve customers' problems in a timely manner.
2023-03-27 17:33
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