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11/22/2018 05:37
Release： 11/22/2018 05:37
Update： 04/08/2021 02:35
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What are the methods to open a Monex FX account and the benefits?

When you think of Monex FX, you think of an FX company operated by Monex Group's Monex Securities Co., Ltd. It is a well-known company, so its reliability and safety are extremely high. In addition, since March 5, 2018, spreads have been greatly narrowed, making costs very low and making it an even more attractive FX company. Furthermore, if you open an account via the links below now, you will receive for free the "Monex FX × YENKura Real Top Trading Newsletter" newsletter, which can be useful for your trading. This article introduces the merits of Monex FX and how to open an account.Monex FX × Account Opening Newsletter 1 Month Co-branding Campaign (YENKura)

Spreads are incredibly tight

The greatest merit of Monex FX is that spreads are tight and trading costs are low. With more than 10 currency pairs, the spreads are among the industry’s narrowest, so the currency pairs you are looking to trade will surely fit. Among them, the USD/JPY spread is 0.2 pips (as of October 2018), which is very attractive for those trading USD/JPY, making it a must-have account for those engaged in dollar-yen trading. Execution quality is also highly regarded, and the system is well-regarded, making low-cost trading possible.

High safety and reliability

As explained at the beginning, since it is an FX company operated by the major Monex Group, safety and reliability are very high. It boasts industry-leading capital, so there is no worry about management. Of course, it is fully trust-safeguarded, so even if something were to happen to the company, client deposits would be returned properly. The company is constantly evolving, so it should continue to grow in the future.

Many trading tools, so trading is smooth on PC or smartphone

Monex FX provides a total of five trading tools: Monex FX Browser Tool, Monex FX SPEED Lite, Monex FX SPEED, Monex FX SPEED Smartphone, and Mobile Trading Tool. Not only is there a high-performance PC trading tool, but you can trade on a smartphone as well, so you can perform strongly even without a PC. It is simple to use and has abundant order functions, so you can trade without issue while on the go. In addition to smartphones, trading tools are also available for mobile phones and tablets, so please check the overview.

How to open a Monex FX account

Here is a concise guide to opening a Monex FX account. 1.Open Monex FX Official HPAccess the site 2. Submit identity verification documents and My Number (online submission is possible for individuals) 3. Undergo a screening 4. You will receive an account opening completion notice by mail 5. Log in with the account number and password listed on the completion notice 6. Once funding is made, you can start trading By applying from the link below, you will obtain information useful for trading.Monex FX × Account Opening Newsletter 1 Month Co-branding Campaign (YENKura)

Summary

Monex FX offers low-cost trading, high safety and reliability, and easy-to-use trading tools, a three-in-one combination. It should be beneficial for both beginners and advanced traders to open an account.

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■ Important Matters and Risk Warnings Regarding Investment Products 【Financial Instruments Business Operator】
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
【Member Association】
Japan Investment Advisers Association
【Fees and Expenses】
The use of software, e-books, investment advisory services, etc., provided on our platform involves purchase prices determined for each product.
Additionally, when conducting actual financial instrument transactions (such as FX or CFD trading), costs such as transaction fees and spreads (the difference between the sell and buy price) may be incurred through the connected brokerage firms.
【Margin and Risk of Loss】
Transactions such as FX (Foreign Exchange Margin Trading) and CFD (Contract for Difference) allow for trading in amounts exceeding the deposited margin.
Therefore, due to sudden fluctuations in target indices (currency, commodity prices, etc.), there is a risk of incurring losses that exceed the deposited margin (loss exceeding principal).
Furthermore, financial instrument transactions involve risks such as price fluctuations, which may result in losses falling below or exceeding the initial investment principal.
【Nature of Services and Trading Entity】
The Company operates a platform (marketplace) providing investment software and information; we do not engage in the buying, selling, mediation, brokerage, or agency of financial instruments on behalf of customers.
The services and information provided are intended as reference for investment decisions and do not guarantee future profits or specific results.
While some services include investment advice, they do not constitute a mandate or solicitation to trade specific financial instruments.
Final investment decisions and the execution of trades must be made at the customer’s own risk and discretion.
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
Member Association: Japan Investment Advisers Association GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
Member Association: Japan Investment Advisers Association
Financial Services Agency Japan Investment Advisers Association Financial Instruments Mediation Assistance Center Securities and Exchange Surveillance Commission

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