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About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

StoneX

United States United States | 5-10 years |
Regulated in United Kingdom | Market Making License (MM) | Global Business | Medium potential risk

https://www.stonex.com/

Website

Rating Index

Influence

Influence

A

Influence Index NO.1

United States United States 8.22
Surpassed 81.30% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+54 (11) 4390-7500
https://www.stonex.com/
230 Park Avenue, 10th Floor, New York, NY 10169
The WikiFX Score of this broker is reduced because of too many complaints!
WikiFX Risk Alerts
  • The United States NFA license (License No. 0339826) claimed by the broker has not been verified. Please be aware of the risks!
6

Basic Information

Registered Region
United States
Operating Period
5-10 years
Company Name
StoneX Group Inc.
Abbreviation
StoneX
Employees
--
FX1310826796

FX1310826796

Unverified

Hong Kong

First, I registered an account on the Jefferies Exchange. After making just one withdrawal, they started refusing further withdrawals under various pretexts, demanding all sorts of unfrozen funds and security deposits. After finally paying everything off, I could withdraw again. Now they claim my account was frozen during a third-party transfer, so I switched to cash transactions. Then they said the cash was seized by police. Since late October, they've been merging with Stonex, telling me to wait 15 business days—only to extend it another 15 days. Now I can't even log into the Stonex exchange; the link is dead. Please help me find the working link.

Exposure

FX2372073304

FX2372073304

Unverified

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 The platform says that the serial number is not enough × 5 times (when all the money is to be withdrawn, it will be The same thing) I made money by doing foreign exchange trading numbers for US dollars, euros, and yen.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

FX3914838800

FX3914838800

Unverified

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

Henry9

Unverified

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

Positive

춘자

춘자

Unverified

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

FX1490860758

FX1490860758

Unverified

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

Neutral

子衿17205

子衿17205

Unverified

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

Positive

HQ

HQ

Unverified

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

Neutral

Supamit Phompinit

Supamit Phompinit

Unverified

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

9
Trading Strategy
Business Region
Verified Site
Relationship Map
Related Companies
Employees
About Us
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Wiki Q&A
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Search Sources
Target Language
Market Analysis
Ad Placement

Verified Site

Top Visitor Locations
BrazilBrazil
  • United States danielstrading.com
    192.0.66.142
  • United States gainfutures.com
    192.0.66.142
  • Sweden stonex.com
    217.114.85.70

Relationship Map

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StoneX

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Employees

Company Profile

Company Profile

Review summary

StoneX Review Summary
Founded2003
Registered Country/RegionUnited States
RegulationNo regulation
Market InstrumentsCommodities, securities, FX, digital assets
Demo Account
Leverage/
Spread/
Trading PlatformStoneX One
Minimum Deposit/
Customer SupportTel: +12124853500
Address: 230 Park Avenue, 10th Floor, New York, NY 10169
X, Instagram, LinkedIn, YouTube

StoneX Information

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.

StoneX Information

Pros and Cons

Pros Cons
Demo accountsNo regulation
Segregated accountsUnclear fee structure
Various trading productsNo info on deposit and withdrawal
Long operational history

Is StoneX Legit?

No. StoneX currently has no valid regulations. Please be aware of the risk!

license
domain

What Can I Trade on StoneX?

StoneX offers trading on Commodities, Securities, FX, and Digital assets.

Tradable Instruments Supported
Commodities
Securities
FX
Digital assets
Indices
Bonds
Options
ETFs
assets

Account Type

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.

Trading Platform

StoneX One uses its own trading platform.

Trading PlatformSupported Suitable for
StoneX One/
MT4Beginners
MT5Experienced traders

Company Profile

  • 5-10 years
  • Regulated in United Kingdom
  • Regulated in Hong Kong
  • Regulated in Singapore
  • Market Making License (MM)
  • Derivatives Trading License (AGN)
  • Global Business
  • Medium potential risk

News

Why Are Investors Losing Trust in StoneX? What You Need to Know

Exposure Why Are Investors Losing Trust in StoneX? What You Need to Know

StoneX is a FCA-regulated broker, but despite this, investors are losing interest. What are the key reasons behind this shift in investor sentiment?

Is StoneX Reliable?

Exposure Is StoneX Reliable?

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 Has Imposed A $1 Million Fine On The StoneX Market

Exposure The NFA Has Imposed A $1 Million Fine On The StoneX Market

The NFA Chicago has fined StoneX Markets LLC $1,000,000 for failing to disclose its counterparties' initial margins (IM) on time.

Wiki Q&A

Is StoneX safe to trade with?

StoneX operates as a regulated entity, holding active licenses from the UK's Financial Conduct Authority (FCA 446717) and Hong Kong's Securities and Futures Commission (SFC BCQ152). With 5-10 years of operational history and oversight from these established regulators, the broker presents a credible institutional profile for consideration.

04-02
United States

Which regulator oversees StoneX?

StoneX is overseen by multiple financial authorities. Its primary and active licenses for forex trading are issued by the UK's Financial Conduct Authority (FCA) under reference 446717 and Hong Kong's Securities and Futures Commission (SFC) under reference BCQ152. The company also has a regulated presence in Singapore with the Monetary Authority of Singapore (MAS), though the license number is not publicly released.

04-02
United States

What is the full company name of StoneX?

The broker operates under the full corporate name StoneX Group Inc., which is registered in the United States and conducts business on a global scale.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com