Score

1.54 /10
Danger

StoneX

United States

5-10 years

Suspicious Regulatory License

High potential risk

C

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Comparison

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Exposure

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Score

Regulatory Index0.00

Business Index7.25

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

StoneX · Company summary
StoneX Review Summary
Founded1997
Registered Country/RegionUnited States
RegulationNo regulation
Market InstrumentsForex, futures, options
Demo Account
Spread/
Leverage/
Trading PlatformStoneX Futures Trader, iBroker App
Min Deposit/
Customer SupportTel: 312-706-7693 (Local/Intl); 800-811-6953 (Toll-Free)
Email: GFSupport@StoneX.com
Address: 230 S LaSalle St #10-500, Chicago, IL 60604

StoneX Information

As a part of StoneX Group Inc (NASDAQ:SNEX), StoneX offers trading services in forex, futures and options. It implements fund segregation to protect customer assets. It offers a free demo account for practicing and 4 live accounts for clients to choose from. Trades are executed on StoneX Futures Trader and the iBroker mobile App.

However, there is no active regulatory information displayed on the StoneX platform.

StoneX's homepage

Pros and Cons

Pros Cons
Demo accounts availableNo regulation
Multiple account typesLimited tradable asset classes
Limited info on trading conditions
No MT4/5
Unknown payment methods
lnactivity/withdrawal fees charges

Is StoneX Legit?

The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. StoneX is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose StoneX with caution.

No license

What Can I Trade on StoneX?

Tradable Instruments Supported
Forex
Futures
Options
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
ETFs
What Can I Trade on StoneX?

Account Type

Except for demo accounts for practicing before commiting real money, StoneX offers four different types of live accounts target different client groups, namely Individual and Joint Accounts, Trust Accounts, Corporate Accounts, and Retirement Accounts.

Account Type

Trading Platform

StoneX offers two powerful trading platforms, StoneX Futures Trader and IBROKER Mobile.

Trading PlatformSupported Available Devices Suitable for
StoneX Futures TraderDesktop/
IBROKER MobileiPhone, iPad, Android, Web/
MT4/Beginners
MT5/Experienced traders

StoneX Futures Trader provides advanced features like real-time quotes, customizable charts, and a variety of order types, risk management, automation, and allocation blocks streamline trading.

StoneX Futures Trader

While IBROKER Mobile allows users to trade on the go, offering real-time market data, alerts, and a fully customizable trading interface. The app is downloadable on iPhone, iPad, Android phones and can be accessed through the web.

IBROKER Mobile

Fees

StoneX charges several fees:

  • Telephone order fees: $25/per order
  • Check fees: first check request is free, each additional check requested in the same month will be $5; domestic delivery fees is $35 for overnight check
  • Wire fees for deposit:
  • Wire fees for withdrawals: USD 25 for domestic wires, USD 35 for international wires
  • Inactivity fees: $15 per month for inactive accounts for 3 months

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