StoneX

4.6 / 10 Overall Score

Website: https://www.stonex.com/
Jurisdiction: United States
Operating Since: 5-10 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: StoneX Group Inc.
Phone: —
Email: —
Address: 230 Park Avenue, 10th Floor, New York, NY 10169

License Info: [{"监管状态": "FCA Unverified", "牌照信息": "United Kingdom Market Maker (MM)"}, {"监管状态": "NFA Unverified", "牌照信息": "United States Market Maker (MM)"}]

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# StoneX Company Overview

StoneX Group Inc. is an institutional-grade financial services company that connects traders, investors, and organizations to the global markets ecosystem. Established in 1924, the company initially specialized in hedging futures and commodity contracts. Over the years, it has evolved into a leading publicly traded financial institution, listed on NASDAQ under the ticker symbol SNEX. StoneX operates under the parent company International Assets Holding Corporation (IAHC) and is headquartered in New York, New York.

The company has a global presence, with over 80 offices across six continents, serving more than 54,000 institutional and commercial clients, as well as over 420,000 self-directed clients. Its primary operations encompass a broad spectrum of financial services, including commercial hedging, global payments, securities, physical commodities, and clearing and execution services.

# Corporate Development

StoneX has undergone significant growth and transformation throughout its history. The company began as a small egg wholesaler and gradually expanded into a comprehensive financial services provider. A notable milestone occurred in 2007 when StoneX went public, raising $95 million through its initial public offering. The company has since made several strategic acquisitions, including those of Gain Capital Holdings in 2020, which expanded its retail trading services under the brands Forex.com and City Index.

In 2020, the company rebranded from International FCStone to StoneX Group Inc., reflecting its diversified services and global outreach. StoneX has received various awards, including the 2023 Hedgeweek US Award for Best Foreign Exchange Solution, highlighting its reputation for excellence in the financial services industry.

# Corporate Structure and Subsidiaries

StoneX operates through several subsidiaries, providing a range of specialized services. Some of these include:

- **StoneX Financial Inc.**: Focused on execution and risk management services.
- **StoneX Wealth Management Inc.**: Provides wealth management solutions and investment services.
- **StoneX Advisors Inc.**: An affiliated SEC-registered investment advisor.

The company is structured to support various operational divisions, including commercial, institutional, retail, and global payments, allowing it to cater to a diverse client base.

# Regulation and Compliance

StoneX is committed to regulatory compliance and operates under the highest standards of transparency. The company is registered with various regulatory authorities, ensuring adherence to local and international financial regulations. This includes maintaining client fund protection policies, such as segregating client funds and utilizing insurance where applicable.

The company’s compliance framework is designed to uphold its commitment to "doing the right thing over the easy thing," which is a core principle of its operational ethos. StoneX operates in multiple jurisdictions, ensuring that it meets the regulatory requirements of the regions in which it conducts business.

# Global Presence and Market Coverage

StoneX serves a diverse range of geographic markets, including North America, South America, Europe, the Middle East, and Asia. The company has established local branches and representative offices to enhance its market presence and provide tailored services to clients in various regions.

The company focuses on a wide client demographic, including governmental and non-governmental organizations, commercial banks, institutional investors, and individual traders. This broad market coverage allows StoneX to leverage its extensive network and expertise to meet the unique needs of its clients.

# Financial and Operational Data

As of 2023, StoneX reported revenues of approximately $64.38 billion, with a net income of $234.8 million. The company employs around 3,725 individuals and serves over 330,000 active retail accounts. StoneX has made significant investments in technology and infrastructure to enhance its service offerings and improve operational efficiency.

The company’s ownership structure reflects a robust capital framework, enabling it to maintain a strong financial position and support its growth initiatives.

# Reputation and Industry Standing

StoneX is perceived positively within the forex and financial community, recognized for its operational integrity and commitment to client success. The company has received favorable reviews and ratings from industry analysts, highlighting its strong returns on equity and effective leverage in driving growth.

StoneX collaborates with major financial institutions and partners, further enhancing its credibility and standing in the market. Its long-term reputation is built on a foundation of trust, transparency, and a client-first approach.

# Summary

In summary, StoneX Company stands as a prominent player in the global financial services landscape, characterized by its comprehensive regulatory compliance, diverse operational capabilities, and strong market presence. The company's commitment to integrity and client success underpins its operations, positioning it as a trusted partner in navigating the complexities of the financial markets.

Account Types

# StoneX Account Types

StoneX offers a variety of account types tailored to meet the needs of different traders. Here’s a breakdown of the available account types:

### 1. Self-Directed Accounts
- **Minimum Deposit Requirement:** Typically $1,000
- **Spreads or Commission Model:** 
 - Equities: $0.0075 per share for 0 to 500k shares per month, decreasing with higher volumes.
 - Options: $0.65 per contract for equity and ETF options; $1 for index options.
- **Leverage Limits:** Not specified
- **Trading Instruments Available:** Stocks, options, mutual funds, futures contracts, and more.
- **Base Currencies Supported:** Not specified
- **Execution Model:** Not specified
- **Unique Features:** Access to a demo account for practice trading.

### 2. Managed Accounts
- **Minimum Deposit Requirement:** Not specified
- **Spreads or Commission Model:** Not specified
- **Leverage Limits:** Not specified
- **Trading Instruments Available:** Not specified
- **Base Currencies Supported:** Not specified
- **Execution Model:** Not specified
- **Unique Features:** Professional investment management.

### 3. Futures Accounts
- **Minimum Deposit Requirement:** Typically $1,000
- **Spreads or Commission Model:** 
 - Futures: $1.29 per contract
 - Micro Futures: $0.50 per contract
 - Options on Futures: $2.58 per contract for opening positions; $0 for closing positions.
- **Leverage Limits:** Not specified
- **Trading Instruments Available:** Futures and options on futures.
- **Base Currencies Supported:** Not specified
- **Execution Model:** Not specified
- **Unique Features:** Tailored for customers interested in futures trading.

# StoneX Broker Account Opening Process

To open an account with StoneX, follow these steps:

1. **Visit the Account Registration Page:** Navigate to the StoneX website and find the account registration section.
2. **Fill Out the Application:** Complete the application form specific to the type of account you wish to open.
3. **KYC/Identity Verification:** Provide identity and other documentation as required to comply with regulations.
4. **Minimum Funding:** Make a minimum deposit of $1,000 to activate your account.
5. **Approval Time:** Wait for the approval after submitting your application and required paperwork.
6. **Start Trading:** Once approved, you can fund your account and begin trading on the available platforms, such as StoneX One or other trading platforms offered by StoneX.
7. **Demo Account Option:** If you wish to practice trading, you can open a demo account without risking real money.

This structured approach ensures that you have a clear understanding of the account types and the process involved in opening an account with StoneX.

Deposit & Withdrawal

# StoneX Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## StoneX Minimum Deposit Explained

### Minimum Deposit Amount
The minimum deposit required to open an account with StoneX typically starts at **$1,000** for most account types. However, specific account types may have varying minimum requirements.

### Account-Type Comparison
- **Self-Directed Accounts**: Minimum deposit of **$1,000**.
- **Managed Accounts**: Minimum deposit may vary based on the investment strategy and manager.
- **Futures Trading Accounts**: Generally require a minimum deposit of **$1,000**.

### Regional Differences
While the minimum deposit is generally consistent, regional regulations may affect the exact amount required. For instance, clients in certain jurisdictions might face higher minimums due to local regulatory requirements.

### Advantages
1. **Low Minimum Deposit**: Accessible for new traders.
2. **Diverse Account Types**: Options for self-directed and managed accounts.
3. **Global Access**: Services available in multiple countries.
4. **No Commissions on Certain Trades**: Competitive trading conditions.

### Disadvantages
1. **Higher Fees for Specific Services**: Some services may incur additional costs.
2. **Limited Educational Resources**: May not cater to novice traders.
3. **Complex Account Types**: Can be confusing for new users.
4. **Regulatory Concerns**: Lack of regulation in certain regions may worry potential clients.

### Competitor Comparison
Compared to other brokers like Forex.com and City Index, StoneX's minimum deposit is competitive, as many brokers require similar or higher initial investments. However, some brokers may offer lower minimums or no minimums for certain account types.

## StoneX Deposit Methods Comprehensive Guide

### Deposit Methods
1. **Bank Transfer**
 - **Processing Time**: 1-3 business days
 - **Fees**: Typically **$25** for local wires; **$50** for international wires.
 - **Availability**: Widely available.
 - **Limits**: No maximum limit, but daily limits may apply based on account type.
 - **Pros**: Secure and reliable.
 - **Cons**: Slower processing time compared to other methods.

2. **Credit/Debit Cards**
 - **Processing Time**: Instant to 1 business day.
 - **Fees**: No fees for deposits.
 - **Availability**: Available for most users.
 - **Limits**: Generally up to **$10,000** per transaction.
 - **Pros**: Fast processing.
 - **Cons**: May not be available in all regions.

3. **E-Wallets (e.g., PayPal, Skrill)**
 - **Processing Time**: Instant.
 - **Fees**: Varies by provider; typically around **2-3%**.
 - **Availability**: Limited to certain regions.
 - **Limits**: Varies by e-wallet provider.
 - **Pros**: Quick and easy.
 - **Cons**: Additional fees may apply.

4. **Cryptocurrency**
 - **Processing Time**: Instant.
 - **Fees**: Minimal to none.
 - **Availability**: Depends on regulatory approval.
 - **Limits**: Subject to network limits and volatility.
 - **Pros**: Low fees and fast transactions.
 - **Cons**: Price volatility can affect deposit value.

5. **Local Payment Options**
 - **Processing Time**: Varies by method.
 - **Fees**: Varies by provider.
 - **Availability**: Specific to certain regions.
 - **Limits**: Varies by local provider.
 - **Pros**: Convenient for local users.
 - **Cons**: Limited availability and higher fees in some cases.

### Supported Currencies and Recommended Methods
StoneX supports multiple currencies including USD, EUR, GBP, and others. Recommended methods for deposits include bank transfers for larger amounts and credit/debit cards for smaller, quicker deposits.

## StoneX Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Log into your StoneX account**.
2. **Navigate to the deposit section** of the platform.
3. **Select your preferred deposit method**.
4. **Enter the required details** (amount, account info, etc.).
5. **Confirm the transaction** and wait for processing.

### Mobile vs Web Differences
The deposit process is similar on both mobile and web platforms, though the mobile app may offer a more streamlined interface for quick deposits.

### KYC Notes and Common Issues
- **KYC Verification**: Required for all accounts; ensure all documents are submitted correctly.
- **Common Issues**: Misentered account details can delay deposits. Always double-check information before submitting.

### Typical Fund Crediting Times
Funds from bank transfers typically take **1-3 business days** to reflect, while credit card deposits are often instant.

## StoneX Withdrawal Methods Overview

### Available Withdrawal Channels
1. **Bank Transfer**
 - **Processing Time**: 1-3 business days.
 - **Fees**: **$25** for local; **$50** for international.
 - **Limits**: No maximum withdrawal limit; subject to account balance.
 - **Pros**: Secure and reliable.
 - **Cons**: Slower compared to other methods.

2. **Credit/Debit Cards**
 - **Processing Time**: 1-5 business days.
 - **Fees**: None for withdrawals.
 - **Limits**: Up to **$10,000** per transaction.
 - **Pros**: Fast processing.
 - **Cons**: Not available for all users.

3. **E-Wallets**
 - **Processing Time**: Instant to 1 business day.
 - **Fees**: Varies by provider.
 - **Limits**: Subject to e-wallet provider limits.
 - **Pros**: Quick and easy.
 - **Cons**: Potentially high fees.

4. **Cryptocurrency**
 - **Processing Time**: Instant.
 - **Fees**: Minimal transaction fees.
 - **Limits**: Subject to network limits.
 - **Pros**: Low fees.
 - **Cons**: Price volatility.

### Recommended Options by Cost and Speed
For low fees and quick processing, e-wallets and cryptocurrencies are recommended. For larger amounts, bank transfers are more suitable despite longer processing times.

## StoneX Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log into your StoneX account**.
2. **Go to the withdrawal section** of the platform.
3. **Choose your preferred withdrawal method**.
4. **Enter the necessary details** (amount, account info).
5. **Confirm the withdrawal request**.

### ID Verification Requirements
ID verification may be required for withdrawals, especially for large amounts. Ensure all KYC documents are up-to-date to avoid delays.

### Expected Fund Arrival Time
Funds from bank transfers typically arrive within **1-3 business days**, while e-wallet and cryptocurrency withdrawals are generally instant.

### Typical Delay Reasons and Fixes
Delays can occur due to:
- **Incorrect Account Details**: Double-check all entered information.
- **KYC Issues**: Ensure all documents are verified.
- **Bank Processing Times**: Allow for standard banking delays.

## FAQs – StoneX Deposits & Withdrawals

### What is the minimum deposit for StoneX?
The minimum deposit for StoneX is generally **$1,000**.

### How long do withdrawals take?
Withdrawals typically take **1-3 business days**, depending on the method used.

### Are there fees for deposits or withdrawals?
Yes, fees apply for bank transfers and other methods. Credit/debit card deposits and withdrawals usually incur no fees.

### Can the same method be used for both?
Yes, most methods can be used for both deposits and withdrawals, but some restrictions may apply.

### Are crypto or local methods supported?
Yes, StoneX supports cryptocurrency deposits and withdrawals, along with certain local payment options depending on the region.

StoneX

StoneX

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