We solve the big problem of exorbitant brokerage rates previously charged to Australian investors wanting to trade international share markets
There is little doubt that high brokerage rates have contributed to Australian investors being among the least globally diversified in the world. We aim to break down the barriers to investing in international shares, making it inexpensive and simple for Australian investors to offshore stock markets.
All in the family – Monex, Inc. is the third largest broker in Japan. BOOM was the first online broker in Asia and remains a key player in Hong Kong while TradeStation is one of the largest brokers in the US. Tapping into the vast abilities and synergies of our group of companies allows us to provide you with a new and better trading product and overall experience.
Why Do We Exist
In recent years, we have noticed a serious gap in the services available to Australian investors. While Australia is a country of keen investors, the historic expensive and difficulty of trading international stock markets has meant that they are trading predominantly in Australian shares only are missing out on significant global opportunities.
We believe that investors should not have all their eggs in one basket. It is too risky. The Australian market accounts for less than 3% of global market capitalisation. Unfortunately, Home Country Bias is a well documented problem and Australians suffer this infliction to a greater extent than most other nationalities. Diversification is the best free-lunch on offer in the markets and we want to help investors take advantage of this phenomenon on an international scale so that they have a sustainable future as traders, investors, and clients.
We have therefore invested the time and effort to re-invent our business from the ground up so that we can deliver a product and service that is not only something that traders need, but something that they want – easy access to international share trading at a very reasonable cost per trade.
The back-end software required to run a broker operating across multiple exchanges, in multiple currencies, is generally very expensive with high ongoing fees per transaction. This is a significant barrier to new entrants, especially if they want to operate a competitive pricing model.
Our global network of companies – Monex, Inc., TradeStation and BOOM, - provides us with great depth of experience and robust in-house back-end systems that allow us to access lower execution costs which we can pass on to you as savings in the form of lower brokerage costs.
We give you access to a world of more than 50,000 listed securities that until now have been difficult to access from a single, low cost trading platform. Monex offers a market leading combination of value and market coverage, with access to a wide range of markets in Asia (including China) in addition to USA and Australian stocks. As an example of our competitive rates, you can trade U.S. stocks starting from US$9.99 per trade.
Via our unique in-house group capabilities, we provide clients with access to trade multiple exchanges in 12 markets:
3. Hong Kong
8. South Korea
Meet our Management Team
Chairman and Chief Executive Officer, Monex Group, Inc
Oki began his career at Saloman Brothers and joined Goldman Sachs in 1990. He was the head of their Fixed Income and Foreign Exchange business in Asia and founded Monex in 1999 with Sony Corporation. Today, Monex Group, Inc. is a global online financial institution with offices in 12 locations globally and over 1000 employees world wide. Oki also currently serves as an outside director for UZABASE, Inc. and MasterCard Incorporated.
Manager Director, Monex Securities Australia
Plotting currency price charts by hand in 1983 opened the door to Alex’s career in the financial markets. He has since been a trader on the floor of the Sydney Futures Exchange, a senior executive with the MMS International division of Standard & Poor’s in Singapore, an author and sought after market commentator. He has co-founded several financial services businesses and joined the group in 2010. Twitter: @MrAlexDouglas
President and member of the Board of Directors, TradeStation
John serves as President of TradeStation Group, Inc. and TradeStation Securities, Inc, as is a member of TradeStation Group's Board of Directors. Prior to those roles John had served as Vice President of Brokerage Operations and Chief Growth Officer of TradeStation Group and Vice President of Product Management of TradeStation Securities.
Director, Monex Boom Securities (H.K.) Limited
Keiji serves as Director of Monex Boom Securities (H.K.) Ltd. and Chairman and Managing Director of Monex International Limited in Hong Kong. Prior to those roles, Keiji had served as Executive Director of Monex, Inc. in Japan. Keiji started his career in banking industries and is experienced at handling a broad range of financial products in Tokyo, Hong Kong and London.
Who is Monex?
...and why should you trust us to do business with?
Monex Group is an online brokerage business with nearly 2 million clients worldwide with over USD 40 billion assets under custody as a group.
Founded in 1999, the Monex Group is an online brokerage business with over 830 employees through 12 offices worldwide, who are passionate about one thing only – to give our customers unmatched access to international share markets at a reasonable cost.
Reliability and ‘Above all Integrity’ in everything we do. This simply means that we say what we do and do what we say.
Monex offers you cutting edge industry first digital applications and technology that allow you to trade in a way that is streamlined for you and your personal trading devices.
Quality service and client satisfaction are inherent in all that we do. Our service commitment delivers on the promise of a private, secure, fast and inexpensive trading experience.
Monex Securities Australia Pty. Ltd. Is registered in Australia (ABN 84 142 210 179 |AFSL No. 363972). The ultimate holding company is a Japanese public company, Monex Group, Inc. (TYO: 8698)
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The information, content and material on this website is for information purposes only. It is believed to be reliable at the time of publication, however Monex AU does not warrant its completeness, timeliness or accuracy. The information and materials contained in this website are subject to change without notice.
The information contained in this website is for general information only. As general information, no consideration or evaluation is given of the investment objectives or financial situation of any particular person. Trading and investing involves substantial financial risk. All customers of Monex AU should make their own evaluation of the merits and suitability of any financial products and/or advice or seek specific personal advice as to the appropriateness of engaging in any activity referred to in this website in light of their own particular financial circumstances and objectives. Please ensure that you read the
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