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StoneX Forex Broker keeps up-to-date with the latest trading account information, including maximum leverage of , trading varieties, and more

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StoneX Account Type

  StoneX offers a variety of account types tailored to meet the diverse needs of traders. The main account types include:

  • Self-Directed Brokerage Account (StoneX One):
    • Allows trading in stocks, options, exchange-traded funds (ETFs), and selected mutual funds.
    • Commission-free trading for equities, options, mutual funds, and ETFs.
    • Real-time streaming data and instant market news updates for informed decision-making.
    • Futures Accounts:
      • Standard Account:
      • Commission of $1.29 per side for futures contracts.
      • Micro futures contracts at $0.50 per side.
      • Options on futures have a commission of $2.58 for opening positions, with no commission for closing positions.
      • Premium Account:
      • Tailored commission rates based on individual trading plans and service levels.
      • Enhanced support for those seeking education or professional guidance in futures trading.
      • City Index Accounts:
        • Available in the UK, Australia, and Singapore for spread betting, CFDs, forex, indices, and commodities.
        • Forex.com Accounts:
          • Offers access to forex, CFDs, cryptocurrencies, indices, stocks, and commodities across multiple regions including the US, Canada, and Europe.
          • Farm Advantage Accounts:
            • Designed for trading agricultural products in the US and Canada.
            • StoneX Bullion Accounts:
              • Focused on trading physical gold, silver, platinum, and palladium.
              • Futures Online Accounts:
                • Specifically for professional investors focusing on futures trading.

                  

                StoneX Broker Account Opening Process

                  Opening an account with StoneX is straightforward and can be completed in a few simple steps:

                •   Select Account Type: Determine which account type best suits your trading needs (e.g., self-directed, futures, etc.).

                •   Apply Online:

                  • Visit the StoneX website and complete the online application form. You will need to provide information regarding your identity, employment, and financial background.
                  • The application process typically takes just a few minutes.
                  • Compliance Review:
                    • Your application will undergo a compliance review by the broker‘s department. Additional documentation may be requested.
                    • Approval:
                      • Once your application is reviewed, you will receive either an approval or denial notification. This process generally takes three to five business days.
                      • Fund Your Account:
                        • After approval, you will need to fund your account using various deposit options available (e.g., bank transfer, cashier’s check).
StoneX accounts can be viewed for products that can be traded Precious Metals, Indices, Currency Pairs, Commodities, Cryptocurrencies, Premium Neex accounts with a minimum deposit of by (2+) bank transfer.