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StoneX Trading Review

Steven Hatzakis

Written by Steven Hatzakis
Director of Online Broker Research

Jeff Anberg

Edited by Jeff Anberg
Senior Editor

Blain Reinkensmeyer

Fact-checked by Blain Reinkensmeyer
Managing Partner

November 10, 2026
  Fact Checked
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Steven Hatzakis Steven Hatzakis
Director of Online Broker Research

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

StoneX Trading is the new name in the U.K. for City Index, a forex and CFD broker founded in 1983. It holds a Trust Score of 99 out of 99, and its parent, StoneX Group Inc., is publicly traded. I placed live trades on its web platform, its mobile app, and MT4, and I tracked its EUR/USD spreads. I found over 13,500 markets to trade, far more than the 4,500-plus that its sister brand, FOREX.com, lists for U.K. traders on the same platform technology.

That range of investments is the main reason I'd choose StoneX Trading for forex and CFD trading or spread betting in the U.K. Many of its markets, including every forex pair, can also be traded as spread bets, which carry a tax efficiency for U.K. residents compared with CFDs. Pricing is simple and spread-only, averaging 1.1 pips on EUR/USD.

I consider the Performance Analytics tools built into the web platform and mobile app a major highlight, because they compare your trading history against your plan. StoneX analysts also post several market updates to YouTube each day. The broker has no raw spread account, MT5, or sentiment data, and its courses are mostly text, without quizzes or progress tracking. StoneX Trading is currently available only to U.K. residents.

  • Minimum Deposit: £100.00
  • Trust Score: 99
  • Tradeable Symbols (Total): 13500
5.0
5/5 Stars
OVERALL SCORE
Range of Investments5/5 Stars
Trading Fees4.5/5 Stars
Trading Platforms4.5/5 Stars
Research4.5/5 Stars
Mobile Trading4.5/5 Stars
Education4.5/5 Stars

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favicon.png Why you can trust us

Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables. We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs.

We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system.

Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com. Learn more about how we test.

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Table of Contents

StoneX Trading pros and cons

PROS

  • Over 13,500 CFD markets, with spread betting for U.K. residents.
  • Performance Analytics built into the web platform and mobile app.
  • Daily analyst updates, podcasts, and over 2,000 YouTube videos.

CONS

  • No raw spread account, and MT5 is not available.
  • No client sentiment, trading signals, or third-party research tools.
  • Courses lack video, quizzes, and progress tracking.

My top takeaways for StoneX Trading in 2026:

  • Over 13,500 tradeable markets, including 75 forex pairs, with many also available as spread bets for U.K. residents.
  • Simple spread-only pricing, with a 1.1-pip average EUR/USD spread and no commission.
  • The same TradingView-powered web platform and mobile app as FOREX.com, with 90 indicators on both.
  • Multiple daily video updates from StoneX analysts, backed by well over 2,000 archived YouTube videos.
  • A Trust Score of 99 out of 99, with 7 Tier-1 licences and a publicly traded parent, StoneX Group Inc.

Trust Score

Developed by ForexBrokers.com and in use for more than 10 years, Trust Score is a proprietary rating system powered by a range of unique quantitative and qualitative metrics, including each company’s number of regulatory licences. We verify each licence on the regulator’s public register. Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). Learn more.

Is StoneX Trading safe?

StoneX Trading is Highly Trusted, with a Trust Score of 99/99. Its parent, StoneX Group Inc., holds seven Tier-1 licences, from ASIC, MAS, FCA, CIRO, JFSA, CFTC, and CySEC. Only six other brokers reviewed at ForexBrokers.com hold as many, including its sister brand, FOREX.com.

Does it matter where I live?

Yes. StoneX Trading only accepts U.K. residents, who sign up with its U.K. entity, regulated by the FCA, a Tier-1 regulator.

If you live elsewhere, StoneX Trading isn't available to you. Its sister brand, FOREX.com, accepts traders from many other countries. Depending on where you live, a FOREX.com account may not be held by a Tier-1 regulated entity.

checkPublicly traded closeDoes not operate a bank
Trust Score info
99/99

Regulatory licenses held:

check Tier 1 - Highly Trusted info
7
check Tier 2 - Trusted info
1
close Tier 3 - Average Risk info
0
check Tier 4 - High Risk info
1

Regulatory tiers reflect the strength of a regulator's oversight. A broker's Trust Score considers whether it holds a license within each tier, with higher-tier licenses carrying greater weight.

StoneX Trading licences and regulation

StoneX Trading is considered Highly Trusted, with an overall Trust Score of 99 out of 99. StoneX Trading's ultimate parent company, StoneX Group Inc., is publicly traded, does not operate a bank, and is authorised by seven Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). StoneX Trading is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Monetary Authority of Singapore (MAS), Financial Conduct Authority (FCA), Canadian Investment Regulatory Organization (CIRO), Japanese Financial Services Authority (JFSA), Commodity Futures Trading Commission (CFTC) , and regulated in the European Union via the MiFID passporting system. StoneX Trading is currently available only to U.K. residents.


Range of investments

StoneX Trading's range of markets is its biggest strength. I found over 13,500 tradeable markets on its proprietary platform, a substantial selection compared with the industry average. That is also far more than the 4,500-plus that its sister brand, FOREX.com, lists for U.K. traders on the same platform technology. The library covers indices, forex, shares, metals, commodities, cryptocurrencies, ETFs, weekend markets, sectors, bonds, interest rates, thematic indices, and options.

A portion of these markets can also be traded as spread bets, which carry a tax efficiency for U.K. residents compared with CFDs. Access is currently limited to the United Kingdom, as the StoneX Trading brand has not been fully rolled out in other regions.

StoneX Trading investment products

During our audit, we verified access to 75 forex pairs and over 13,500 tradeable symbols, with CFDs and spread bets on indices, thematic indices, commodities, shares, and options. The 15 cryptocurrencies are limited to professional clients.

Feature StoneX Trading logoStoneX Trading
Tradeable Symbols (Total) 13500
Forex Pairs (Total) 75
Forex trading (Spot) Yes
Forex trading (CFDs) Yes
Forex trading (Options) Yes
Forex trading (Futures) No
Forex trading (Crypto) No
Commodities: Agriculturals Yes
Commodities: Oil Yes
Commodities: Gold Yes
Commodities: Silver Yes
U.S. Stocks (Shares) No
U.S. Stocks (CFDs) Yes
U.S. Stocks (Crypto) No
Global Stocks (Non-U.S. Shares) No
Global Stocks (Non-U.S. CFDs) Yes
24/5 Trading (U.S. Stocks - Shares) No
24/5 Trading (U.S. Stocks - CFDs) Yes
24/7 Trading (Crypto) Yes
Prediction markets No
Copy Trading No
Bitcoin (BTC) Yes
Ethereum (ETH) Yes
Cryptocurrencies (Total) 15
Cryptocurrency (Underlying) No
Cryptocurrency (CFDs) Yes
Cryptocurrency (Futures) No
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Forex: I counted 75 forex pairs. The platform shows 150 forex markets, but that total lists each pair twice, once as a regular spot pair and once as a DFT spread bet.

Shares: The platform lists share CFDs and spread bets on exchanges in the U.S., U.K., Australia, Canada, Europe, Hong Kong, Japan, South Africa, Saudi Arabia, the UAE, and Mexico. U.S. share CFDs trade 24/5. DMA and underlying shares are not available through StoneX Trading.

Options and futures: I could open put and call chains on 19 options products, as CFDs or spread bets. Futures are available as CFDs. Exchange-traded futures need a separate StoneX Futures account, and physical bullion is sold in certain regions, such as the U.S. and EU, through StonexBullion.com.

Cryptocurrency: Each of the 15 cryptocurrencies comes with multiple contracts, such as a CFD and a spread bet, and crypto markets trade 24/7. Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Leverage: U.K. retail traders are capped at 30:1. Professional clients can trade at up to 200:1. Spread betting margin scales with stake size, starting at 20%, or 5:1 leverage, on stakes up to £10 per point. It then rises to 30% from £10 to £100, 40% from £100 to £500, and 50% above £500.

StoneX Trading funding methods

Our tests confirm support for bank wire, non-wire bank transfers, debit cards, and credit cards. PayPal, Skrill, Neteller, Apple Pay, Google Pay, and crypto deposits are currently unavailable.

Feature StoneX Trading logoStoneX Trading
Debit card (Deposit/withdraw) Yes
Credit card (Deposit/withdraw) Yes
Bank Wire (Deposit/Withdraw) Yes
Non-wire bank transfer (Deposit/Withdraw) Yes
Apple Pay (Deposit/Withdraw) No
Google Pay (Deposit/Withdraw) No
Crypto (Deposit/withdraw) No
Cryptocurrency (Wallet transfers) No
PayPal (Deposit/Withdraw) No
Skrill (Deposit/Withdraw) No
Neteller (Deposit/Withdraw) No

StoneX Trading fees

I like how simple StoneX Trading keeps its pricing. It is a market maker, and all pricing is spread-only, so you pay through the spread and no commission is charged. The broker lists a minimum spread of 0.7 pips. The average EUR/USD spread came in higher, at 1.1 pips.

A £100 minimum deposit keeps the barrier to entry low. After 12 months with no open positions or trades placed, StoneX Trading charges an inactivity fee of £12 a month, or the equivalent in your account currency.

Active trader rebates: Without a raw spread or commission-based account, retail traders have no way to trade on tighter spreads. There is no VIP account either. Professional clients who meet monthly volume thresholds earn rebates instead, starting at £4 per million units traded once you reach £25m a month and rising to £7.50 per million above £200m. Higher rebates are available on request above £300m. Professional client status also requires at least £20k in average tradeable funds.

StoneX Trading account types

We confirmed the presence of a professional account and an active trader programme during our evaluation, with both fixed and variable spreads listed. Islamic swap-free and VIP accounts are not offered.

Feature StoneX Trading logoStoneX Trading
Variable Spreads Yes
Fixed Spreads Yes
Active Trader Program Yes
VIP/Premium Account No
Professional Account Yes
Islamic Account No

Deposits and withdrawals: I'd fund by debit card, which is free, rather than by credit card, which carries a 1.5% fee. Withdrawals under £5k that require the Clearing House Automated Payment System, or CHAPS, cost £25. International wire transfers are free.

Overnight financing: To check a market's financing charge, I clicked its symbol in the watchlist. The market information panel opens instantly with the overnight financing rate, trading hours, baseline spread, and margin requirement.

StoneX Trading spreads and fees

In our live pricing analysis, we observed a 1.1-pip average EUR/USD spread on the spread-only account, with no commission charged.

Feature StoneX Trading logoStoneX Trading
Average spread (EUR/USD) - Spread-only account 1.1
Average spread (EUR/USD) - Raw spread account N/A
Commission per trade (EUR/USD) - Raw spread account N/A
All-in Cost EUR/USD - Raw spread account N/A
Inactivity Fee Yes
International Wire Fee 0
Minimum Deposit £100.00

Mobile trading apps

StoneX Trading's mobile app is the same app FOREX.com offers, apart from branding and product lineup, so parts of this section draw on my testing of both. I found it well designed, and its TradingView charts carry more indicators than most brokers' apps. Discovery tools and indicator saving are the weak spots.

Navigation: The five tabs along the bottom are each a single tap away: Portfolio, Watchlists, Markets, Alerts, and Account. Without a slider, I entered trade size and risk levels easily with the on-screen keyboard. With trade confirmation disabled, buy or sell executes in one click once you've typed the size.

Charting: I counted 90 indicators and over 54 measurement tools. The 14 timeframes are towards the upper range. None are sub-minute. You can drag stop-loss and take-profit levels on the chart, and trendlines save automatically. Indicators did not persist when I switched tabs. Saving an indicator as a named TradingView preset lets you reload it across charts and devices.

StoneX Trading mobile app watchlist with sell, buy, and spread prices

StoneX Trading's app is the same one FOREX.com offers, and I found it well designed. Watchlists are responsive and clean, with each custom list in its own tab across the top. Pricing is spread-only, so the spread column between the sell and buy prices shows the main cost of each trade at a glance.

Order management: Order flexibility is somewhat basic compared with the web platform. A small bar chart icon opens a miniature chart inside the ticket, and a toggle switches a regular stop to a trailing stop. Custom price slippage tolerance and fill-or-kill settings are web-only.

Discovery: Watchlists are responsive and clean, with multiple custom lists that sync across devices. I liked how the Browse Markets tab groups the product library by category, as the best platforms do. Multi-variable technical or fundamental screeners are absent. Popular and Trending are the only dynamic lists, and adding top gainers and losers would make finding setups faster.

StoneX Trading mobile features

In our hands-on testing, we found 90 built-in charting indicators alongside price alerts, an economic calendar, and a news feed, plus MT4 and TradingView mobile apps. Market movers and watchlist column customisation are not included.

Feature StoneX Trading logoStoneX Trading
Proprietary Mobile Trading App Yes
Android App Yes
Apple iOS App Yes
Mobile Price Alerts Yes
Mobile Charting - Draw Trendlines Yes
Mobile Charting - Trendlines Autosave Yes
Mobile Charting - Indicators / Studies 90
Mobile Charting - Indicators Autosave No
Mobile Watchlists - Column Filtering Yes
Mobile Watchlists - Column Customization No
Mobile Watchlists - Create & Manage Yes
Mobile Watchlists - Syncing Yes

Special tools: Performance Analytics is nicely integrated into the Account tab, where it works like a mini-app with Trading Plan, Review, GamePlan, and Settings sub-tabs. After at least three closed trades, I could pull my win rate, risk-reward ratio, and actual results against my targets, with metrics updating in real time. It's a nice touch. The app has no AI-powered features or copy trading, and demo accounts need a separate login.

Trading platforms

I found StoneX Trading's web platform modern and easy to customise. It carries the full lineup of over 13,500 markets. Apart from that product range, it is nearly identical to the FOREX.com web platform, which I have also tested in depth. The broker supports MT4 and TradingView, but MT5 is not available. A proprietary Windows desktop platform is listed too, but I recommend the web platform, because the equivalent desktop platform at FOREX.com is no longer maintained or supported.

Web platform: Free-floating windows resize by dragging, and you can save multiple workspaces built from Markets, Portfolio, and Research modules. I was pleased to find modular linking, which pairs your watchlist with your charts so clicking an asset switches the chart.

StoneX Trading web platform with CFD and DFT watchlist and EUR/USD chart

I found StoneX Trading's web platform modern and easy to customise. In my workspace, the blue link icons connect the watchlist to the chart, so clicking a market switches the chart. I dragged my stop-loss and take-profit levels into place on the chart. Each market in the watchlist appears twice, once for CFD trading and once as a DFT spread bet.

Charting: The web charts use TradingView, with 90 indicators, dozens of drawing tools, and 14 timeframes that stop short of sub-minute intervals. Stop-loss and take-profit levels were easy to drag on the chart. A saved chart template loads your indicators on any device. Drawings do not sync. Custom indicators and backtesting require MT4 or TradingView.

Order management: You can set stop-loss and take-profit as a price, currency amount, or pip value. None of these fields carry labels. A price tolerance of zero turns a market order into a fill-or-kill order. The web platform has no depth of market. The ticket also omits a risk-reward ratio. OCO and OTO orders are supported.

StoneX Trading order types

We verified the availability of market, limit, stop, trailing stop, OCO, OTO, and guaranteed stop-loss orders.

Feature StoneX Trading logoStoneX Trading
Order Type - Market Yes
Order Type - Limit Yes
Order Type - Stop Yes
Order Type - Trailing Stop Yes
Order Type - OCO Yes
Order Type - OTO Yes
Order Type - GSLO Yes

Steven's take

"Searching for a contract such as XAU will show you all the related gold pairs, just as searching for gold will return XAU pairs. In Browse Markets, when you click Stocks, you can narrow it down by exchange per country. Overall, I found the process of searching for assets pretty easy."

Steven Hatzakis
Director of Online Broker Research

Steven_headshot_170x170.png

Discovery: Each search result has shortcuts to open a chart, add it to a watchlist, trade, or view contract specs. Browse Markets is my preferred route. It opens a new window with an integrated chart beside the full product library, where FX alone splits into majors, euro crosses, GBP crosses, and eight other sub-groups. Every pair shows up twice there, once as a spot pair and once as a DFT spread bet, so check for the DFT label before you open a trade. I'd rather it opened from the search bar. I checked the platform and the broker's website and saw no currency heatmaps or client sentiment data.

StoneX Trading Browse Markets window with market categories, EUR/USD chart, and news

Browse Markets is my preferred way to find something to trade. The window lists the full product library by category beside a chart and Reuters headlines. The chart even showed my open EUR/USD position, with its stop-loss and take-profit levels. You can set a price alert or add a market to a watchlist without leaving the window. My only wish is that it opened from the search bar.

Performance Analytics: I consider this module a major highlight. It analyses win ratios, identifies your most profitable times of day, and highlights psychological biases. Its Review module and Trading Journal compare your history against your trading plan. Most competitors lack this level of integrated evaluation.

MetaTrader and TradingView: MT4 runs on desktop, web, and mobile, with FX Blue add-ons. Its range is far narrower, at nearly 80 forex pairs and indices in total, plus commodities. TradingView carries the full forex list, indices, and crypto for professional clients. Stocks and precious metals are not there yet.

Algo trading and API: Algo trading runs on MT4 and TradingView. API access requires an approved application. You sign and return the API terms and conditions, along with details of your programming experience, the language you plan to use, your goal, and your expected trade volume and frequency. If StoneX Trading accepts the application, it emails you an API key. Copy trading is not available, and MetaTrader's MQL5 Signals market may be disabled by local regulation. The only AI-powered feature I came across was the customer support chatbot.

StoneX Trading platforms and features

Our platform walkthrough verified 90 charting indicators, trading directly from the chart, saved chart layouts, price alerts, and a demo account. cTrader, MT5, a Mac desktop app, and VPS hosting are not offered.

Feature StoneX Trading logoStoneX Trading
Desktop Platform (Windows) Yes
Desktop Platform (Mac) No
MetaTrader 4 (MT4) Yes
MetaTrader 5 (MT5) No
FX Blue Yes
Proprietary Desktop Trading Platform Yes
Proprietary Web Trading Platform Yes
TradingView Yes
cTrader No
Algorithmic trading Yes
API Access Yes
Charts can be saved Yes
Client sentiment data No
Trading Signals No
Price Alerts Yes
Virtual Private Server (VPS) No
Virtual Trading (Demo) Yes
Charting - Indicators / Studies (Total) 90
Charting - Trade From Chart Yes
Charting - TradingView Yes

Research

StoneX Trading's research content impressed me with its quality and frequency, backed by TV-quality video production. Its tools are thinner. TradingView is the main third-party addition, and sentiment data is missing.

Daily videos: Analysts post several market updates to YouTube each day, typically 5 minutes long. The analyst appears on screen beside a screen share of real-time market data, so it feels like sitting in on a webinar. Five minutes is rarely enough for deep analysis. The analysts make the time count with sharp technical insights. The well-organised channel holds well over 2,000 videos.

Steven's take

"With multiple YouTube video updates per day from across the StoneX team, I found the coverage was both high-quality and concise at just 5 minutes long, which is typically not long enough for deep analysis, but the firm's analysts do a great job of balancing this."

Steven Hatzakis
Director of Online Broker Research

Steven_headshot_170x170.png
StoneX YouTube channel with daily analyst market videos

The StoneX YouTube channel draws on analysts who cover both the institutional and retail sides of the business. Recent uploads include zinc smelters, Australian cattle, and El Niño crop forecasts, alongside Nvidia and Treasury yields. StoneX posts several videos a day, with TV-quality production. The market updates I watched ran about 5 minutes. Longer interviews and podcasts fill out an archive of well over 2,000 videos.

Podcasts: StoneX Podcasts includes several shows covering commodities. The Trading Global Macro podcast has over 270 recordings archived on YouTube. The episodes I heard went deep. Some are audio only. Others include charts and screen shares.

StoneX Trading Global Macro Podcast episodes on YouTube

The Trading Global Macro podcast pairs StoneX analysts John Kicklighter and Matt Weller. Episodes run 17 to 28 minutes, and the ones I heard went deep in a way the five-minute daily videos rarely can. Two episodes explain how to read risk appetite, fear and greed, and trader positioning. They're worth a listen, since StoneX Trading's platform has no sentiment data of its own.

Market briefings: The StoneX Market Analysis tab publishes several technical and fundamental briefings each trading day. I thought they were detailed and easy to read, with supporting charts and data.

Fundamental tools: I found the economic calendar useful and well integrated. It filters by a dozen event types, expected volatility, and country. Events expand to show source links, previous results, and consensus. Unlike calendars that plot past results on a bar chart, it shows nothing beyond the previous result. There is no earnings calendar or corporate action data. Premium reports range from monthly subscriptions to $750 institutional reports, and free ones include a quarterly commodities report. Financial statement data is only on the group's other platforms, such as StoneX One for share trading.

Third-party tools and sentiment: Reuters supplies the headlines in the web platform and MT4. Stories are expandable and searchable. TradingView is great for technical analysis, with screeners and Pine Script for building custom scripts. I couldn't find client sentiment, social sentiment, or trading signals anywhere. TradingView's bullish and bearish gauge is no substitute, because it relies on technical indicators rather than social trends or trader positioning. Acuity, Autochartist, Trading Central, and TipRanks are absent.

StoneX Trading research tools

Our analysis highlights daily market briefings and video updates, podcasts, Reuters news, and an integrated economic calendar, with no client sentiment or trading signal tools.

Feature StoneX Trading logoStoneX Trading
Forex News (Top-Tier Sources) Yes
Daily Market Commentary (Articles) Yes
Daily Market Commentary (Videos) Yes
Economic Calendar Yes
Research - Earnings Calendar No
Acuity Trading No
Autochartist No
TipRanks No
Trading Central No
Mobile Research - News Yes
Mobile Research - Economic Calendar Yes
Mobile Research - Market Movers No

Education

In my view, StoneX Trading's education suits beginners who are comfortable learning from text. I counted 44 lessons across 8 courses, organised into beginner, intermediate, and advanced levels. Video and interactivity are lacking.

Course content: The curriculum is thoughtfully organised, well-rounded, and easy to digest. Most lessons are written text with helpful infographics. Video is missing from the courses. I would like to see some of the many videos on the broker's YouTube channel built in. Coverage is generalised rather than asset-specific, centred on technical analysis, an introduction to financial markets, and risk management. A single course spends about 5 minutes each on stocks, forex, commodities, indices, and interest rates.

StoneX Trading Academy course catalogue by experience level

StoneX Trading's course page bills its courses as interactive. I found a thoughtfully organised curriculum of 44 lessons across 8 courses, which you can filter by beginner, intermediate, or advanced level. Most lessons are text with helpful infographics. With no video, quizzes, or progress tracking, they didn't feel interactive to me.

Interactivity: Courses have no progress tracking or integrated quizzes. The mobile app has no educational resources either.

Platform tutorials: Apart from the tutorial built into the web platform, I came across none for MT4 or TradingView, so beginners picking up either platform get no guided start. Trading tool explainers are limited to support FAQs and articles, and a section of the site that mentions tutorials led nowhere. Performance Analytics is the exception, with good explainers for each module: PlayMaker, Trading Plan, GamePlan, and Review.

Help inside the platform: The web order ticket carries little contextual education. What it has works well. A tooltip next to Price Tolerance explains how deviation settings affect market and fill-or-kill orders. That setting is not on mobile. Red text flags problems straight away, such as a stop-loss at an invalid price. When I tried to exceed the maximum trade size, the ticket skipped error codes and showed "Quantity too high" along with the maximum allowed. The minimalist watchlist has no asset icons or quick-fact snippets. Clicking any symbol opens a market information panel with trading hours, baseline spreads, margin requirements, and overnight financing rates.

Expert commentary: No named author is credited on the courses. StoneX's analyst team covers the institutional and retail sides of the business with free and paid content. It also hosts webinars and podcasts and writes educational articles.

StoneX Trading educational offering

We found a structured course library on the website, along with webinars and videos for beginner and advanced traders. Progress tracking, quizzes, an education area in the mobile app, and dedicated crypto and stock content are missing.

Feature StoneX Trading logoStoneX Trading
Education (Forex) Yes
Education (CFDs) Yes
Education (Crypto) No
Education (Stocks) No
Education Area (Website) Yes
Education Area (Mobile App) No
Webinars Yes
Videos - Beginner Trading Videos Yes
Videos - Advanced Trading Videos Yes

Final thoughts

StoneX Trading makes it easy for U.K. traders to access over 13,500 markets for forex and CFD trading, with many also available as spread bets. To get the full range, I'd trade on the web platform, because MT4 and TradingView each carry only part of it. I'd also take the time to set goals in Performance Analytics, because the tool is most useful once you can compare your results against a plan.

Retail traders have no raw spread or commission-based account for tighter spreads, and rebates are limited to professional clients. I would like to see the broker build some of its many YouTube videos into its courses, which are mostly text. For U.K. traders who want CFD trading and spread betting across a deep product library, StoneX Trading is a strong choice. If you're focused on the lowest raw spreads or MetaTrader 5, I'd compare other brokers before committing.

StoneX Trading's Star Ratings

Feature StoneX Trading logoStoneX Trading
Overall Rating 5/5 Stars
Trust Score 99
Range of Investments 5/5 Stars
Trading Fees 4.5/5 Stars
Trading Platforms 4.5/5 Stars
Research 4.5/5 Stars
Mobile Trading 4.5/5 Stars
Education 4.5/5 Stars

FAQs

Is StoneX Trading the same as City Index?

Yes. StoneX Trading is the new name for City Index in the U.K., following its rebrand to StoneX, which is also the name of the group's parent company. It runs on the same web platform and mobile app as its sister brand, FOREX.com.

How is StoneX Trading related to FOREX.com?

Both brands belong to StoneX Group Inc. StoneX Trading is the group's U.K. brand and uses the same web platform and mobile app as FOREX.com. The product lineup differs. StoneX Trading lists over 13,500 markets, compared with the 4,500-plus that FOREX.com lists for U.K. traders. FOREX.com also offers MT5 in some regions and a commission-based RAW Spread account, neither of which StoneX Trading has.

What is the minimum deposit at StoneX Trading?

The minimum deposit at StoneX Trading is £100. Professional client status requires more, with at least £20k in average tradeable funds.

Can you withdraw from StoneX Trading?

Yes. StoneX Trading supports deposits and withdrawals by bank wire, non-wire bank transfer, debit card, and credit card. International wire transfers are free. Withdrawals under £5k that require CHAPS cost £25, and credit card deposits carry a 1.5% fee. PayPal, Skrill, Neteller, Apple Pay, Google Pay, and crypto are not supported.

Is StoneX Trading legal in the US?

No. StoneX Trading is currently available only to U.K. residents. U.S. traders who want to trade forex can open an account with FOREX.com, the group's U.S. brand. FOREX.com is registered with the CFTC as a futures commission merchant and retail foreign exchange dealer and is a member of the National Futures Association, NFA #0339826. For exchange-traded futures, including currency futures, U.S. traders can use StoneX Futures, offered through the futures commission merchant division of StoneX Financial Inc., NFA #0476094. StoneX plans to offer StoneX Trading to U.S. clients for multi-asset trading, with no launch date yet.

Does StoneX Trading offer MetaTrader?

Yes. StoneX Trading offers MT4 on desktop, web, and mobile. MT5 is not available. MT4 lists nearly 80 forex pairs and indices in total, plus commodities, compared with over 13,500 markets on the proprietary platform. FX Blue add-ons are available, and MetaTrader's MQL5 Signals market may be disabled depending on local regulation.

Does StoneX Trading offer spread betting?

Yes. U.K. residents can trade a portion of StoneX Trading's markets as spread bets, including each of its 75 forex pairs as a DFT contract and options on 19 products. Spread betting carries a tax efficiency for U.K. residents compared with CFDs. Margin scales with stake size, from 20% on stakes up to £10 per point to 50% above £500.

Our testing

Why you should trust us

Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.

How we tested

At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:

  • For Apple, we use MacBook Pro laptops running the latest, and the iPhone XS running the latest version of iOS.
  • For Android, we use the Samsung Galaxy S20 and Samsung Galaxy S23 Ultra devices running the latest Android OS.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser.

Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.

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About StoneX Trading

Founded in 1983 in the United Kingdom and formerly known as City Index, StoneX Trading was acquired in 2015 by GAIN Capital Holdings, the operator of its sister brand, FOREX.com. Its ultimate parent, StoneX Group Inc. (NASDAQ: SNEX), is a Fortune 50 company. In its annual report for the financial year ending 30 September 2025, StoneX reported $45.2 billion in total assets and $7.4 billion in client segregated funds. The group employs over 5,400 staff and serves more than 400,000 self-directed and retail accounts across more than 180 countries. StoneX Trading is currently available only to U.K. residents and lists CFDs and spread bets on over 13,500 markets.


About the Editorial Team

Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

Jeff Anberg

Jeff Anberg is a Senior Editor at ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.

Blain Reinkensmeyer

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

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