Getting Started Is Simple
Switching from your bank to Monex takes days, not months. Here's how to start saving on every international payment.
Your bank wasn't built for international business
Most businesses lose 1-3% on every international payment through hidden bank markups, slow settlement, and limited currency options. Monex was purpose-built for cross-border FX — with competitive rates, dedicated specialists, and institutional-grade tools that give you complete control over your foreign exchange.
Three Steps to Better FX
2-5 business days
Open Your Account
Complete a short application and our onboarding team will guide you through KYC verification. Most business accounts are approved within 2-5 business days.
- Submit your company details and authorized signatory information
- Provide standard compliance documentation (ID, proof of address, business registration)
- Our team handles the rest — no lengthy bank paperwork
- Get assigned a dedicated FX dealer who understands your business
Same day consultation
Plan Your Strategy
Your dedicated dealer will analyze your FX exposure, payment patterns, and risk tolerance to build a tailored strategy — whether you need simple payments or a full hedging program.
- Complimentary FX exposure review and cost analysis
- Side-by-side comparison of your current bank rates vs. Monex rates
- Hedging strategy recommendations based on your cash flow and budget rates
- FX P.A.R. report setup for ongoing portfolio monitoring (select clients)
Start trading immediately
Execute & Save
Trade online 24/7 through our platform, call your dealer for large or complex transactions, or integrate via API. Payments settle same-day for most major currencies.
- Execute via Monex Pay platform, phone, or API — your choice
- Spot, forward, options, NDFs, and market orders all available
- Track payments in real-time through your dashboard
- Receive daily market commentary from our Bloomberg-ranked analysts
What You Get with Monex
Every account includes institutional-grade tools and personal service — at no extra cost.
Dedicated FX Dealer
A named specialist who knows your business, available by phone and email whenever you need guidance on rates or strategy.
Monex Pay Platform
Execute trades, track payments, and manage beneficiaries 24/7 through our secure online platform and mobile app.
Market Intelligence
Daily commentary, rate alerts, and custom reports from our Bloomberg-ranked analysis team to keep you ahead of the market.
Hedging Tools
Forwards, options, and structured strategies to protect your margins against currency volatility — tailored to your exposure.
Multi-Currency Accounts
Hold, send, and receive in 30+ currencies with zero maintenance fees. Simplify reconciliation and reduce conversion costs.
Enterprise Security
Regulated across multiple jurisdictions with segregated client funds, multi-factor authentication, and full audit trails.
Monex vs. Your Bank
See why 70,000+ businesses have moved their FX from traditional banks to Monex.
| Feature |  | Typical Bank |
|---|---|---|
| Dedicated FX Specialist | Yes — named dealer | Rare — call center |
| Forward Contracts | Up to 2 years | Limited or unavailable |
| FX Options | Vanilla & structured | Typically not offered |
| Multi-Currency Accounts | 30+ currencies | Limited currencies |
| API / Platform Integration | REST API + white-label | Rarely available |
| Settlement Speed | Same-day available | 1-3 business days |
| Market Analysis | Bloomberg-ranked team | Generic reports |
| Mass Payments | 10,000 per batch | Manual SWIFT |
| Transparent Pricing | Yes — no hidden fees | Embedded in rate |
Common Questions
Quick answers to what businesses ask most when getting started.
How long does it take to open an account?
Is there a minimum transaction size?
Can I keep my existing bank and use Monex too?
How is Monex regulated?
Trusted by 70,000+ Businesses
Excellent — 4.8 / 5 • Based on 2,400+ client reviews
Aggregate rating from verified Monex Global business clients
Ready to Get Started?
Open your Monex account today and discover how much you could save on international payments and FX.