StoneX Account Type

　　StoneX offers a variety of account types designed to cater to different trading needs. The primary account type available is the StoneX One self-directed brokerage account, which allows traders to engage in trading stocks, options, exchange-traded funds (ETFs), and selected mutual funds. As of November 2024, futures accounts are no longer available through StoneX One. Other account types include:

• City Index: Available for residents in the UK, Australia, and Singapore, allowing spread betting, trading CFDs, forex, indices, commodities, and shares.
• Forex.com: Offers accounts for trading CFDs, forex, indices, cryptocurrencies, and commodities, accessible in regions including the US, Canada, Europe, and Japan.
• Farm Advantage: Designed for US and Canadian citizens, focusing on trading agricultural and livestock products.
• StoneX Bullion: Allows trading in physical gold, silver, platinum, and palladium, available globally.
• Futures Online: Tailored for professional investors in the US specializing in futures trading.

　　

StoneX Broker Account Opening Process

　　Opening an account with StoneX is a straightforward process that typically consists of the following steps:

• Visit the Website: Navigate to the StoneX website and click on the "Get Started" link at the top of the page.
• Complete the Application: Fill out a series of questions regarding your identity, employment, investment experience, income, and net worth. This process is designed to comply with regulatory requirements.
• Submit Your Application: After completing the application, submit it for review. The compliance department will assess your application.
• Approval Process: The application will either be approved or denied, usually within a few business days. If additional documentation is needed, you will be notified.
• Fund Your Account: Once approved, you will need to make a deposit to fund your account before you can start trading. Various funding options are available, including ACH transfers and bank wires.

　　By following these steps, you can successfully open a trading account with StoneX and begin your investment journey.