Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

MONEX

Japan|15-20 years| Benchmark C|
Retail Forex License|Medium potential risk|

https://info.monex.co.jp/company/english.html

Website

Rating Index

Benchmark

Benchmark

C

Average transaction speed (ms)

639 Poor

Capital Ratio

Good

Capital

$ 94,573,643 (USD)

Influence

AAA

Influence index NO.1

Japan 9.85

Benchmark

Speed:B

Slippage:D

Cost:D

Disconnected:AA

Rollover:AAA

Capital Ratio

Capital Ratio

Good

Capital

$ 94,573,643 (USD)
Ranking in Japan: 55 /412
307.0%
安全的

Influence

Influence

AAA

Influence index NO.1

Japan 9.85

Surpassed 99.31% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+81 0120-430-283
feedback@monex.co.jp
https://info.monex.co.jp/company/english.html
〒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

Disclosure

More

Sanction

JP FSA
2009-03-24

Warning

JP FSA
2006-06-07

Warning

JP FSA
2004-06-25
LMAX
Macquarie Bank
Standard Chartered
State Street
XTX Markets
Nomura International plc
ANZ
Bank of America
BNP Paribas
MUFG Bank
Commerzbank AG
JP Morgan
Morgan Stanley
Mizuho Bank
Citibank, N.A.
DEUTCHE BANK AG
UBS AG
Goldman Sachs
BARCLAYS
Sumitomo Mitsui Trust Bank
JSF Trust and Banking

Contact number

Japanese

+81 0120-430-283

Other ways of contact

Broker Information

More

Company Name

MONEX, Inc.

Abbreviation

MONEX

Platform registered country and region

Japan

Number of employees

Company website
Twitter
Facebook
YouTube

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2024-07-19
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

MONEX · WikiFX Survey
Good A Visit to MONEX GROUP in Japan -- Office Confirmed Existed
Japan
MONEX · Benchmark
Average transaction speed(ms)
639 Poor
The highest transaction speed(ms)
454 Poor
The highest speed of opening positions(ms)
454 Poor
The highest speed of closing position(ms)
500 Poor
The lowest speed of opening positions(ms)
1594 Good
The lowest speed of closing position(ms)
922 Good
27.05USD/Lot Poor
39.61USD/Lot
Long: -1.54USD/Lot    Short: -0.49USD/Lot Great
Long: -4.67USD/Lot    Short: 2.67USD/Lot Perfect
Average slippage
3 Poor
Maximum transaction slippage
10 Good
Maximum positive slippage
1 Poor
Maximum negative slippage
10 Good
Average disconnection frequency (times/day)
0.3 Perfect
Average reconnection time (millisecond/per request)
19.1
Ranking: 111 / 133
Test user 292
Orders 1,989
Ocuppied margin $154,867 USD
Data Source WikiFX Data provide
Updated: 2024-07-18 01:00:00

Risk Management

Updated Time 2024-06

Average margin deposit rate

Average margin deposit rate(%)

Proportion of unsold orders

Ratio of unsold orders(%)

Hedging Trading

  • Date
  • Institution
  • Percentage
  • Rating
  • 2024-05-31
  • Moody's Investors Service
  • 100.00%

  • >BBB

  • 2024-04-30
  • Moody's Investors Service
  • 100.00%

  • >BBB

  • 2024-03-29
  • Moody's Investors Service
  • 100.00%

  • >BBB

Users who viewed MONEX also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FBS

8.76
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

IC Markets

9.05
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

GTC

8.11
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
Official website

MONEX · Company Summary

Aspect Information
Registered Country/Area Japan
Founded Year 1999
Company Name Monex Group
Regulation FSA
Minimum Deposit Not specified
Spreads Not specified
Trading Platforms Monex Trader (Stocks & Futures), Monex Trader FX (Forex), Multiboard 500, Full Board Information Tool, Market Board, and Monex Vision
Tradable Assets Domestic stocks, US stocks, Chinese stocks, investment trusts, bonds, IPOs, stock lending services, ETFs, foreign exchange currency pairs, cryptocurrency CFDs, bonds, etc.
Account Types Not specified
Customer Support Email & Phone support
Payment Methods Instant deposit services, regular automatic deposit services, ATM deposits through Monex Saison cards, bank transfers
Educational Tools Financial investment information, and monthly disclosure of company information, news releases, etc.

Overview of Monex Group

Monex Group, Inc. is a financial services company based in Japan. It was founded in 1999 and is regulated by the Financial Services Agency (FSA) of Japan. The company offers various trading platforms, including Monex Trader for stocks and futures, Monex Trader FX for forex trading, Multiboard 500, Full Board Information Tool, Market Board, and Monex Vision.

Monex Group provides a wide range of tradable assets to its clients. These include domestic stocks, US stocks, Chinese stocks, investment trusts, bonds, initial public offerings (IPOs), stock lending services, ETFs, foreign exchange currency pairs, cryptocurrency CFDs, and more.

The specific account types and minimum deposit requirements are not specified in the available information. However, Monex Group offers customer support through email and phone. It provides various payment methods, such as instant deposit services, regular automatic deposit services, ATM deposits through Monex Saison cards, and bank transfers.

For educational purposes, Monex Group offers financial investment information and monthly disclosure of company information, news releases, and other resources to assist traders and investors in making informed decisions.

basic-info

Is Monex Group legit or a scam?

Monex Group, represented by its licensed institution Monex Securities Inc. (マネックス証券株式会社), is a legitimate and regulated online securities company operating under the supervision of the Financial Services Agency in Japan. Since September 30, 2007, Monex Securities Inc. has held a retail forex license (License No.: 関東財務局長(金商)第165号), ensuring compliance with industry standards and regulations. The company's headquarters are located at 1-12-32 Akasaka, Minato-ku, Tokyo, and they can be contacted at 03-4323-3800. This regulatory oversight and transparency contribute to the trustworthiness and credibility of Monex Group.

regulation

Pros and Cons

Monex Group, a reputable online securities company based in Tokyo, Japan, offers several advantages and drawbacks to consider. One of its significant strengths is being FSA-regulated, ensuring a level of security and adherence to regulatory standards. Additionally, Monex Group provides a diversified range of products and services, catering to the needs of various investors. Another advantage is the availability of multiple trading platform options, allowing traders to choose the one that suits their preferences. Moreover, Monex Group supports various payment methods, enhancing convenience for clients.

However, there are a couple of downsides to be aware of. Firstly, there is no clear information regarding the minimum deposit requirement, which may pose a challenge for potential investors. Secondly, the customer support provided by Monex Group is considered average, and some clients may have higher expectations in terms of responsiveness and assistance. Overall, Monex Group offers a regulated and diverse investment environment but could improve certain aspects like providing more transparent deposit information and enhancing customer support.

Pros Cons
FSA-regulated No clear Minimum deposit info
Diversified range of products & services Relatively high fees for some products
Multiple trading platform options Limited languages support
Various payment methods No specific information on account types, leverage, and spreads
Established and reputable company

Market Instruments

Monex Group offers a comprehensive range of products and services to investors. These include domestic stocks, US stocks, Chinese stocks, investment trusts, bonds, IPOs, stock lending services, ETFs, foreign exchange currency pairs, cryptocurrency CFDs, and bonds. With such a diverse selection, investors have the opportunity to diversify their portfolios and access a wide range of investment options. Whether they are interested in stocks, bonds, or alternative investments like cryptocurrency, Monex Group aims to meet the diverse needs and preferences of its clients.

Commissions

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

Monex Group provides a wide range of flexible trading platforms to cater to the needs of traders. These platforms include Monex Trader, which supports trading in stocks and futures, Monex Trader FX, specifically designed for forex trading, Multiboard 500, Full Board Information Tool, Market Board, and Monex Vision. These platforms offer different features and functionalities to enhance the trading experience and allow traders to access a variety of financial instruments. Whether traders are interested in stocks, futures, forex, or market information, Monex Group offers diverse options to suit their preferences and trading strategies.

TradeStation offers state-of-the-art trading technology and online electronic brokerage services to active individual and institutional traders. TradeStation has been able to leverage its award-winning technology solutions in global markets extending from Europe to Japan, China, and South Korea. TradeStations powerful yet convenient mobile and web trading apps let clients capitalize on trading opportunities virtually anytime anywhere, while its desktop platform provides all the tools needed to design, test, optimize, automate, and monitor custom equities, options and futures trading strategies. TradeStation also provides personalized support from fully licensed brokerage professionals, a vast array of educational offerings to help clients improve their trading skills, different accounts to meet every trading and investment objective, and simplified low-cost commission pricing.

trading-platform

Deposit & Withdrawal

MONEX provides investors with a diverse selection of deposit and withdrawal options, ensuring convenience and flexibility. Investors can choose from instant deposit services, regular automatic deposit services, ATM deposits through Monex Saison cards, and bank transfers. These options allow investors to easily fund their investment accounts and access their funds when needed. With a variety of choices available, MONEX aims to accommodate the preferences and requirements of its clients, making the deposit and withdrawal process efficient and user-friendly.

Customer Support

Clients with any inquiries or trading-related issues can easily contact MONEX through various accessible channels. They can reach out to MONEX via telephone at +81 0120-430-283 or send an email to feedback@monex.co.jp. Additionally, MONEX maintains an active presence on popular social media platforms such as Twitter, Facebook, and YouTube, allowing clients to stay updated and engage with the company. These multiple contact channels provide clients with convenient options to seek assistance, receive support, and stay connected with MONEX, ensuring a responsive and interactive customer experience.

customer-support

Education Resources

Monex Group claims to provide comprehensive educational resources for investors. Here are some key points about the educational resources offered by Monex Group:

educational-resources

1. For New Investors:

Monex Group provides tailored educational materials and resources specifically designed for new investors. These materials cover a wide range of topics, including investment basics, risk management, and investment strategies.

2. Financial Result Related Materials:

Monex Group regularly publishes financial result-related materials to keep investors informed about the company's performance. These materials include financial statements, earnings reports, and management commentary, providing a transparent view of the company's financial health.

3. IR Library:

Monex Group maintains an extensive IR (Investor Relations) library, which serves as a repository for various important documents. This library includes consolidated financial summaries, presentation materials, and the annual report, offering comprehensive information about the company's operations and performance.

4. Stock & Rating Information:

Monex Group provides detailed stock and rating information to help investors make informed decisions. This information includes stock profiles, stock prices, credit ratings, and analyst coverage, enabling investors to stay updated on the company's stock performance and market analysis.

Conclusion

In conclusion, Monex Group is a legitimate online securities company based in Tokyo, Japan, regulated by the Financial Services Agency. They offer a wide range of market instruments, including domestic and international stocks, investment trusts, bonds, IPOs, and various trading services. Monex provides different trading platforms to cater to the needs of traders, and they offer flexible deposit and withdrawal options. While Monex Group has several advantages such as a diverse product lineup and regulated operations, some potential disadvantages may include transaction fees and spreads associated with certain products. Overall, Monex Group presents itself as a reputable option for individuals interested in online securities trading, backed by a strong regulatory framework and customer support channels.

FAQs

Q: What is the Global Vision business strategy of Monex Group?

A: The Global Vision is a comprehensive initiative that brings together all companies within Monex Group worldwide, aiming to establish a truly global online financial institution that generates beneficial synergies for all stakeholders.

Q: How does Monex Group aspire to be a Global Technology-based Retail Financial Service Provider?

A: Monex Group, formed through the merger of Monex, Inc. and Nikko Beans, Inc., leverages its expertise and strengths in the capital markets to become a leading Global Technology-based Retail Financial Service Provider.

Q: How does Monex Group disclose information?

A: Monex, Inc., a subsidiary of Monex Group, provides monthly disclosures. While the Monex, Inc. website is available only in Japanese, information about Monex Group, Inc., the parent company listed on the Tokyo Stock Exchange, can be found in both Japanese and English on their website at https://www.monexgroup.jp/en/. This includes company information and news releases.

Q: What affiliations does Monex, Inc. have?

A: Monex, Inc. is a registered financial instruments firm under the Financial Instruments and Exchange Law of Japan (registered number 165). It is a member of several associations, including the 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 Advisers Association.

News

Tokyo-based MONEX Group Introduces RS Claw-Back Policy for Executive Officers

NewsTokyo-based MONEX Group Introduces RS Claw-Back Policy for Executive Officers

2023-04-25 10:19

MONEX Group, a Tokyo-based supplier of electronic trading services, has introduced a claw-back policy for the compensation of senior officers. The policy will attempt to recover compensation in case of accounting mistakes or misbehavior within the firm group. Restricted stock and performance-based compensation for executive officers will be subject to the policy starting on April 24, 2023. The policy aims to encourage ethical procedures and to hold leaders accountable for their actions. MONEX hopes to improve overall corporate governance and develop a culture of integrity and moral decision-making within its business.

WikiFX
2023-04-25 10:19
News
Tokyo-based MONEX Group Introduces RS Claw-Back Policy for Executive Officers
Monex Will Repurchase 2.55M Shares In January 2023

NewsMonex Will Repurchase 2.55M Shares In January 2023

2023-02-02 10:49

Monex Group Inc provided an update on the progress of its share repurchase program, which was announced in November 2022.

WikiFX
2023-02-02 10:49
News
Monex Will Repurchase 2.55M Shares In January 2023
AEON Bank In Japan Has Partnered With Monex To Expand Its Asset Management Offerings

NewsAEON Bank In Japan Has Partnered With Monex To Expand Its Asset Management Offerings

2022-12-27 17:18

Monex will offer asset management services to the lender's clients. The new structure's functions are anticipated to begin in January 2024.

WikiFX
2022-12-27 17:18
News
AEON Bank In Japan Has Partnered With Monex To Expand Its Asset Management Offerings
AUM at Monex Asset Management Exceeds 100 Billion Yen

NewsAUM at Monex Asset Management Exceeds 100 Billion Yen

2022-11-23 09:50

Monex Asset Management, Inc., a fully owned subsidiary of Monex Group, Inc, announced that assets under management surpassed 100 billion yen on November 18, 2022, almost doubling from the end of October 2021.

WikiFX
2022-11-23 09:50
News
AUM at Monex Asset Management Exceeds 100 Billion Yen

Review 4

4 Comments
Write a comment
All(4) Latest Positive(1) Exposure(3)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com