Score
United States
|
5-10 years
| https://www.stonex.com/
Website
Rating Index
Influence
A
Influence index NO.1
United States 8.15
Single Core
1G
40G
1M*ADSL
United States
WikiResearch
Brazil danielstrading.com gainfutures.com
stonex.com
VIP is not activated.
| StoneX Review Summary | |
| Founded | 2003 |
| Registered Country/Region | United States |
| Regulation | No regulation |
| Market Instruments | Commodities, securities, FX, digital assets |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | StoneX One |
| Minimum Deposit | / |
| Customer Support | Tel: +12124853500 |
| Address: 230 Park Avenue, 10th Floor, New York, NY 10169 | |
| X, Instagram, LinkedIn, YouTube | |
Founded in 2003, StoneX is an unregulated broker registered in the United States, offering trading on commodities, securities, FX, and digital assets on StoneX One platform.
| Pros | Cons |
| Demo accounts | No regulation |
| Segregated accounts | Unclear fee structure |
| Various trading products | No info on deposit and withdrawal |
| Long operational history |
No. StoneX currently has no valid regulations. Please be aware of the risk!
StoneX offers trading on Commodities, Securities, FX, and Digital assets.
| Tradable Instruments | Supported |
| Commodities | ✔ |
| Securities | ✔ |
| FX | ✔ |
| Digital assets | ✔ |
| Indices | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Through StoneX One, investors and traders can open securities accounts, and the accounts currently are available to U.S. residents only. Besides, StoneX One offers demo accounts.
StoneX One uses its own trading platform.
| Trading Platform | Supported | Suitable for |
| StoneX One | ✔ | / |
| MT4 | ❌ | Beginners |
| MT5 | ❌ | Experienced traders |
StoneX is a FCA-regulated broker, but despite this, investors are losing interest. What are the key reasons behind this shift in investor sentiment?
StoneX, a trading name of StoneX Group Inc., is allegedly a financial service company registered in the United States that claims to provide its clients with various financial services.
The NFA Chicago has fined StoneX Markets LLC $1,000,000 for failing to disclose its counterparties' initial margins (IM) on time.
In my experience and based on the information available, I could not find any specific, transparent details regarding StoneX’s typical withdrawal processing times. This lack of disclosure immediately raised concerns for me, particularly as clear withdrawal procedures are a critical factor in assessing a broker’s reliability. As an independent trader, I’ve learned to be especially cautious with firms that don’t openly state their funding and withdrawal timelines, as this creates room for uncertainty and risk. What stood out for me was the recurring theme in user reports detailing significant withdrawal issues—delays, extra requirements, and even allegations of money being withheld until additional taxes or fees are paid. Several users described situations where withdrawal requests were frozen or subjected to unexpected hurdles, which is atypical for well-regulated or transparent brokers. In my view, these patterns, coupled with the fact that StoneX currently operates without valid regulatory oversight, make it impossible for me to provide any average or expected withdrawal timeframe with confidence. For traders considering StoneX, I strongly recommend being very cautious and thoroughly investigating all withdrawal conditions and the broker’s regulatory standing before depositing funds. In my opinion, the lack of clarity around withdrawals is a significant red flag and not something I’m comfortable risking my capital on.
Based on my review of StoneX as an experienced trader, I must highlight that the information currently available is quite limited and raises some critical concerns that shape my approach to fees and commissions. Specifically, StoneX does not provide transparent details regarding its fee structure, including whether it charges commissions per lot on any ECN or raw spread account types. This lack of clarity is something I always view with caution, as understanding the cost of each trade is fundamental for consistent trading performance and risk management. Additionally, it’s important to recognize that StoneX is not regulated by any recognized authority at this time. This absence of regulation, coupled with an unclear fee schedule and no mention of ECN or raw spread trading accounts, forces me to be especially conservative. In my experience, regulated brokers will always make their commission and spread structure very clear in their account details, as this is essential for both trust and compliance reasons. While StoneX does offer a demo account and a proprietary platform, these positives do not offset my concerns regarding the ambiguous pricing model. Without verified and transparent information about trading commissions or spreads for forex trading, I cannot comment definitively on the costs for each lot traded, and therefore, I would not proceed with live trading or significant capital commitments under such conditions.
Based on my experience and review of the available information, I have not found any clear or public data regarding StoneX's swap fees or specific overnight financing charges. This lack of transparency stands out for me compared to other brokers in the industry. With many of the brokers I’ve worked with, including some well-established ones, swap rates are usually detailed on either the platform itself or in the fee schedule, making it much easier for me to estimate my potential holding costs. At StoneX, not only is the fee structure unclear, but there’s also no direct mention of swaps or overnight charges in the published material. As an active trader, especially when engaging in strategies that require holding positions overnight, knowing these financing costs is critical for risk management and accurate profit calculations. The absence of such disclosure means I cannot directly compare StoneX’s swaps to those of other brokers, some of whom offer competitive and clearly stated rates. Furthermore, considering StoneX’s lack of regulatory oversight and the reported issues surrounding withdrawals and fees, I am personally even more cautious. For traders who rely on transparent costs and regulatory protection, this represents a significant drawback. Until StoneX provides explicit, verifiable information on their swap fees, I would advise a conservative approach and recommend only trading with brokers who are fully transparent and regulated regarding their overnight financing policies.
As an experienced forex trader who values strict oversight in financial dealings, regulatory status is always a primary consideration for me before engaging with any broker. In my investigation of StoneX, I found that despite claims and some references to regulatory bodies like the FCA in the UK and the NFA in the US, StoneX is not currently under valid or verified regulation. The WikiFX data makes it clear that its regulatory licenses are marked as "unverified" or even "suspicious," and there is an explicit warning about the absence of effective regulatory oversight. In practice, this means there's no reputable authority—such as the UK Financial Conduct Authority (FCA) or the US National Futures Association (NFA)—providing supervision over StoneX’s business activities. This distinction is critical because genuine regulatory oversight is what provides traders with safeguards, grievance redress, and a level of capital protection. Without it, the risk of encountering operational, withdrawal, or security issues increases substantially. Based on my experience, trading with unregulated or questionably regulated entities carries higher potential downside with little recourse in case of disputes or irregularities, so I personally would not be comfortable depositing funds or trading actively on such a platform.
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춘자
South Korea
After being told to apply for a public offering and then being informed that I won the subscription, they had me tie up my money and withdraw the full amount, resulting in a fee of 18 million KRW. A 25% loan payment of 20 million KRW. A fast transfer service fee of 15 million KRW. After paying, they now say I have to pay a capital gains tax of 36 million KRW. They say if I don't deposit by today, my money will be frozen. All the accounts seem fake too. Was I scammed?? I ended up putting in way too much money.
Exposure
Supamit Phompinit
Thailand
I trade on platform https://monteco.top, which generates excellent profits at 124654.41usdt. They said I must transfer the tax first at 10% because they cannot deduct the money from their account.
Exposure
FX3914838800
Taiwan
It is said that you must pay 20% of the tax before you can withdraw normally. When is it required to pay tax for withdrawals? As a result, the account is frozen later, it is best to return the principal
Exposure
Henry9
New Zealand
Dealing with payments across different countries was a headache before we started using StoneX. Now, it’s smoother with their FX solutions. They handle the complexities, and I focus more on running our business.
Positive
FX1490860758
United States
I've traded everything from securities to currencies and the diversity has always kept it exciting. The seamless global payments made transactions quick and easy on the pocket. Trading physical commodities was an intriguing experience. However, getting a handle on some of the OTC products was a bit of a learning curve...
Neutral
子衿17205
United Kingdom
I am very satisfied with the products and service of StoneX, as well as great customer support, customized trading conditions and fast execution times!
Positive
HQ
Colombia
The size of this website's interface doesn't look good on my monitor. It seems to me that the site looks a bit outdated. Wikifx says its license is a clone, which scares me a little, and I've decided not to trade here. Do you have a reliable options platform to recommend?
Neutral
FX2372073304
Taiwan
A female friend introduced me to a person who knows a platform with USD. At the beginning, I withdrew funds successfully for the first two times. I did not have a loss within the specified period of time to do foreign exchange. The other party gave a project with a return of 9999 US dollars. 5.2W, after the completion, it is the problem that the member needs 38888 US dollars to join, and the total amount is 10% if it is not completed within the time, and it is necessary to withdraw the money after it is completed. The platform says that the serial number is not enough × 5 times (when all the money is to be withdrawn, it will be The same thing) I made money by doing foreign exchange trading numbers for US dollars, euros, and yen. Sometimes the other party said that I would bet up, but I would press it wrong and press down. I didn’t lose any money at all. In the last time, the money was transferred. The account number is completed, the payment came to 221,345 US dollars, and the payment is to be withdrawn. The platform gave a name for multiple accounts and suspected of money laundering. If the payment cannot be withdrawn, 20% needs to be supplemented. 44269 US dollars as a guarantee, and approved within 7 days After that, without any suspicion, the security deposit of US$44,269 will be returned, and it is still unable to withdraw the money at US$221,345.
Exposure