Monex Securities-Overview of Minimum Deposit, Commission & Trading Platform

General Information& Regulation

Monex Securities is a registered trademark of Monex Securities Australia Pty Ltd, which is authorized and regulated by the Australia Securities & Investment Commission (ASIC) under license of 363972, the corporation was registered in Australia with the company location at Level 11, 300 George Street Sydney NSW 2000 Australia, additionally, the in-depth trading awareness combined with competitive pricing, makes Monex Securities the priority for clients seeking a high quality, and decent trading environment, moreover, with the focus on the multi-market trading spread over 10 stock trading markets, Monex Securities has covered over the majority of global market capitalization with the clients scattered with the world.

Market Instruments

Monex Securities provides a complete assortment of classes across the global financial markets including company shares, ETFs, Listed Investment Trusts and Listed Investment Companies (LITs and LICs), and Real Estate Investment Trusts (REITs), besides, clients could get access to many areas stock trading market including United States, China, Japan, Singapore, South Korea, Malaysia, Indonesia, Thailand, Philippines, and Australia.

Accounts

Clients are allowed to open the online account with the minimum deposit amount of AUD 200, moreover, no minimum requirement on stock holding, cash, number of trades or commission generated, also, Monex Securities multi-currency account supports balances in AUD, USD, HKD, RMB, SGD, and JPY concurrently.

Commissions

Concerning the Monex brokerage fees, Monex Securities charges various in light of countries, for instance, New York Stock Exchange (NYSE) is for free, besides, for Australian Stock Exchange, Monex Securities charges 0.132% brokerage fees, and for Korea Exchange (KRX) including KOSDAQ, they charge 0.30% brokerage fees, moreover, Indonesia Stock Exchange is 0.25%, Singapore Exchange (SGX) takes 0.25% brokerage fees.

Trading Platform

What is worth mentioning, is Monex Securities is non MT4/MT5 provider, the information and details we gathered are that this broker provides traders or investors with the web-based trading platform, which is not as reliable as MT4/MT5, instead clients could apply this trading platform with multiple time frames, charts, and some of the most popular drawing tools and price indicators.

Deposit & Withdrawal

Concerning the deposit and withdrawal, all bank charges will be borne by the client, and Monex Securities does not charge extra fees, and there are no invisible fees.

Trading Hours

Global stock market trading hours are various ranging from AEDT /Summer and AEST / Winter in light of the different countries, for instance, the Japan stock market is 10 am-4pm in summer, besides, in winter, clients could trade

Customer Support

If in any doubts as to transactions, please call at +61291039600 or e-mail at services@monexsecurities.com.au at 9.00 am-5.00 pm EST.

Risk Warning

Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisers.