Brokers  /  Monex

Monex

Low risk
🇯🇵 Japan · 5-10 years · since 2019-02-28 · MONEX, Inc.
FSA
—/5
★★★★★ ★★★★★
2 reviews ›
1
Licenses ›
2
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
13/100
Scam risk ›
1
Clone sites ›
▲ 50% positive▼ 50% negative
Independent ratingshow third parties score this broker
WikiFX7.87/10
Trustpilot—/5
Forex Peace Army—/5
13
Low risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): FSA
  • Withdrawal complaints in ~100% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints2412%
Offshore registration108%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMONEX, Inc.
Headquarters🇯🇵 Japan
Founded2019-02-28
Years operating5-10 years
Employees559
Official website—
Trading conditions
Avg execution speed409 ms A
Avg slippage-2.3 B
Swap ratingAAA
Trading cost ratingAAA
Monitored traders166
Monitored orders1,518
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
〒107-6025　東京都港区赤坂1丁目12番32号

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSAMarket Making License (MM)関東財務局長(金商)第165号JapanRegulated

Review analysis AI

Across 2 recent Trustpilot reviews, 50% are 1–2 star. The single most common complaint is being unable to withdraw funds (2 reports) — the classic warning sign in forex. We also found 1 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users complain about
Where reviewers are from
Argentina1
United Kingdom1

Real user reviews

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About Monex

Monex is a forex and CFD broker based in Japan, with records dating to 2019-02-28. It reports oversight from FSA.

FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.

Finally, beware of impersonation: we tracked 1 clone website(s) copying Monex. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full Monex review