Compare XTB Vs Monex Investindo Futures: Which is the Better Forex Broker in 2024?
XTB Vs Monex Investindo Futures, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between XTB Vs Monex Investindo Futures, here is the direct comparison:
Compare | XTB | Monex Investindo Futures |
General Rating |
2.29/5 |
1.00/5 |
Score | ||
Trustpilot |
3.9/5 988 users |
|
πΌ Regulation | ||
β Info | ||
β Established | 2002 | 2000 |
π² Min Deposit | $0 | $500 |
β Max Leverage | 1:30 | 1:100 |
π’ Spread | Variable | Variable |
πΈ Commissions | ||
π‘ Min Position | 0.01 lot | 0.1 lot |
π³ Payment | PayPal, Skrill, Wire transfer, Credit/debit cards and Neteller | |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
EU Stocks | ||
Physical Stock | ||
Index |
π£ Website Languages | Arabic, German, English, Spanish, French, Hungarian, Italian, Portuguese, Slovenian, Turkish, Chinese |
πͺ Trade Now | Open XTB | Open Monex Investindo Futures |
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Testimonials
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XTB: I have problem with withdrawal process. They keep coming up...
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XTB: Very good presentation as always and informative. Good, friendly and...
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XTB: The customer support helped me through the account opening process...
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XTB: Sessions on trading classes should be longer to have more...
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XTB: Poor execution, very high slippage. Platform freezing is very common.
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Monex Investindo Futures: Just information, Monex is a local broker. All of you...
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Monex Investindo Futures: That's totally easy when doing registration on this broker. No...
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Monex Investindo Futures: Firstly, I doubt all of the local forex brokers, but...
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Monex Investindo Futures: For the local forex standard, I think Monex is suitable...
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Monex Investindo Futures: I don't have special trading experience with a local broker,...
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See More XTB Testimonials
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See More Monex Investindo Futures Testimonials
News
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XTB Launches Crypto ETNs amid Bitcoin ETF Demand Surge
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XTB Sets Sights on Β£400 Billion UK Market with Upcoming ISA Application
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XTB Forex Broker Boosts UK ETF Investments with New Auto-Invest Feature
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Kathleen Brooks Joins XTB UK as Research Director, Boosting Financial Expertise
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XTB Forex Broker Introduces ETF Investment Plans in UAE
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XTB Forex Broker Launches Auto Investing for its Investment Plans
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FCA Unraveling XTB Forex Broker Clone Scam to Sound the Alarm for Investors
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XTB Enlists Robotics Maestro to Lead Cutting-Edge AI Department
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Adam Dubiel Took Office As CPTO in XTB, Here's His Role
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See More Related XTB News
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Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, XTB provides their pricing with Variable spread while Monex Investindo Futures offers Variable spread.
XTB vs Monex Investindo Futures: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, XTB enables trading with MetaTrader 4, xStation. The offer is supported with Pending orders. In comparison, Monex Investindo Futures provides trading with MT4 with the support of .
Is XTB or Monex Investindo Futures better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, XTB supports trading with Forex, Gold & silver, CFD, Oil, Indexes, Agriculture, Soft commodities, Metals, Energies, while Monex Investindo Futures presents the ability of trading with Forex.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to XTB and Monex Investindo Futures:
- Compare XTB vs InstaForex
- Compare XTB vs Blaze Markets
- Compare XTB vs FXOpen
- Compare Monex Investindo Futures vs FxPro
- Compare Monex Investindo Futures vs FBS
- Compare Monex Investindo Futures vs JustMarkets
For more comparisons, visit this page.