Spread Betting Review Of City Index Relaunched As StoneX Trading
80/100
Joint 6th of 14 brokers ranked
StoneX Trading is one of the more expensive accounts we track.
StoneX announced on 9 September 2026 that City Index relaunched as StoneX Trading, and the City Index UK brand retired on 12 September 2026. The authorised firm, StoneX Financial Ltd with FCA reference number 446717, is unchanged.
🗺️ FCA regulated: StoneX Financial Ltd, trading as StoneX Trading (FRN 446717), checked on the FCA register 22 Sep 2026
StoneX Trading scores 80/100 and ranks joint 6th of 14. Its typical spreads sit at or above the average for each pair on every one of the five pairs it publishes.
How We Scored StoneX Trading
Our overall score for StoneX Trading is 80 out of 100. Below is the assessment behind it: StoneX Trading marked on each of the criteria we score every account against, each one out of 10.
StoneX Trading marked out of ten on each of the six criteria we score every account against, shown as a bar on each row.
Criterion
StoneX Trading
Trading Cost
7 / 10Assessed
Trading Experience
7 / 10Assessed
Trading Platform
8 / 10Assessed
Trust
9 / 10Assessed
Range Of Markets
8 / 10Assessed
Customer Service
9 / 10Assessed
The overall score shown above the table is the sum of these six marks, each out of 10, divided by 60 and multiplied by 100, rounded half up. No criterion is weighted, and this has been how every score on the site is computed since 24 September 2026.
StoneX Trading appears on the Spread Bet UK home page among the FCA-regulated providers still offering UK spread betting, listed alphabetically with each name opening its full review.
Is StoneX Trading Regulated By The FCA?
StoneX Financial Ltd is on the Financial Services Register under firm reference number 446717, and its status panel reads Authorised, since 24 Mar 2006. We read the entry on 3 Sep 2026, and the capture below is what the register showed that day.
StoneX Financial Ltd, FRN 446717, on the FCA Financial Services Register: status Authorised, since 24 Mar 2006. Captured 3 Sep 2026. Source: the firm’s register entry, Financial Conduct Authority.
The permissions panel is not in the capture, so this page makes no claim about which regulated activities the authorisation covers. Our regulation guide sets out how to check a broker on the FCA register.
StoneX Trading Trust, Ownership And Client Money Protection
Can You Trust StoneX Trading?
StoneX Trading states that it holds client funds in segregated client accounts in accordance with the FCA's client money rules, and that it provides negative balance protection to Retail Clients where applicable laws and regulations require it. (the StoneX site, read ; StoneX Trading's own site, read )
Who Owns StoneX Trading?
StoneX Trading is owned by StoneX Group Inc., which is listed on Nasdaq under the ticker SNEX. StoneX Trading traded in the UK as City Index until the brand changed on 28 August 2026. When we read City Index's UK website on 19 September 2026, it redirected to StoneX's UK site. (Companies House, read ; the StoneX site, read ; StoneX Trading's own site, read ; the StoneX site, read )
What Happens To Your Money If StoneX Trading Fails?
StoneX Trading states that it is a member of the Financial Services Compensation Scheme. In the event of liquidation, clients may be compensated up to £85,000 by the FSCS. The FSCS gives the limit as up to £85,000 per eligible person, per firm, for a firm that failed after 1 April 2019. (the StoneX site, read ; FSCS, read )
StoneX Financial Ltd, trading as StoneX Trading (FRN 446717)
Register status
Authorised
Authorised since
24 Mar 2006
Register read
3 Sep 2026
Minimum deposit
£0
Guaranteed stops
Offered
Inactivity fee
£12 a month once an account has been inactive for 12 months
StoneX Trading Spread Betting Costs
StoneX Trading quotes typical spreads in points on five of the nine pairs, and our guide to forex spread betting explains how those points convert to pips.
Our spread methodology sets out how we read each broker’s site and why we never publish a floor as though it were an average.
Guaranteed Stops At StoneX Trading
Guaranteed stop-loss orders are available at StoneX Trading.
StoneX Trading charges that premium only if the order is triggered. The premium works out as either a number of points multiplied by the size of your position, or a percentage of the position’s notional value, depending on the market.
StoneX Trading does publish guide charges for its most popular markets. It labels every one of them a CFD charge, so none of them belongs on a spread betting page. The rate varies by instrument, so the platform is the only honest place to read it. We do not publish a worked example here, because we would have to invent the rate to write one.
Attaching a guaranteed stop costs nothing. StoneX Trading states that amending one, adding one to a position you already hold and cancelling one are all free of charge as well.
StoneX Trading offers its own web platform alongside third-party software, and the list on our summary table below is the set we have confirmed carries the spread betting account.
Its app appears as “StoneX Trading: Global markets” on the App Store and as “Trade CFDs on StoneX Trading” on Google Play, and our comparison of the ranked spread betting apps shows StoneX Trading's Trading Platform mark.
StoneX Trading publishes a spread betting demo account, and we read its terms off StoneX Trading’s own demo page rather than inferring them: £10,000 in virtual funds, 12 weeks, checked 22 September 2026.
StoneX Trading against CMC Markets, on the same figures the ranking table uses. This account does not sit either side of StoneX Trading in our ranking, so the pair is a named comparison rather than one the ranking picked, and every cell is a field each rival’s own review renders in the same form. StoneX Trading takes the first column.
StoneX Trading in the first column, against a rival named by this page, on the same figures the ranking table uses.
StoneX Trading’s Trustpilot profile, captured 1 Oct 2026. We re-read these ratings every month, so the figure in the table is the one the platform displayed on that capture date.StoneX Trading’s Apple App Store listing, captured 1 Oct 2026. We re-read these ratings every month, so the figure in the table is the one the platform displayed on that capture date.StoneX Trading’s Google Play listing, captured 1 Oct 2026. We re-read these ratings every month, so the figure in the table is the one the platform displayed on that capture date.
StoneX Trading At A Glance
Key facts about StoneX Trading: its FCA-regulated entity, minimum deposit, spread bet platforms, markets, inactivity fee and guaranteed stops.
🗺️ FCA regulated
StoneX Financial Ltd, trading as StoneX Trading (FRN 446717)
💰 Minimum deposit
£0
📊 Spread bet platforms
Web Trader, StoneX Trading app, TradingView
🛍️ Markets available
1,000s
💱 Inactivity fee
£12 a month once an account has been inactive for 12 months
🛡️ Guaranteed stops
Available
What You Can Bet On
StoneX Trading publishes these counts on its own market pages.
Forex pairs: 80+
Indices: 40+
Commodities: 20+
StoneX Trading Pros And Cons
Pros
No minimum deposit
Guaranteed stop-loss orders available
Cons
Above the Brokers' Average on four of five Pairs
Minimum stake not confirmed
Your Experience With StoneX Trading
If you have traded with StoneX Trading, tell us what a new customer should know. Submissions are read by the team. Only reviews we can verify are ever published, and none are published yet. Nothing you enter here appears on this page.
Reviews are never paid for and never edited for a broker.
StoneX Trading Spread Betting FAQs
Does StoneX Trading Charge An Inactivity Fee?
Yes. StoneX Trading charges a monthly inactivity fee once an account has gone twelve months without a trade and without an open position. It publishes the amount on its own costs page. Placing an order that never executes does not count as activity. The exact figure is in the summary table on this page.
Are StoneX Trading Spread Betting Profits Tax-Free In The UK?
For most UK individuals, spread betting profits are free of Capital Gains Tax and the bets carry no Stamp Duty. Tax treatment depends on your individual circumstances and can change, so you should seek professional tax advice if you are unsure.
Opening A StoneX Trading Spread Betting Account
If you came here for one market rather than for the account, our pages on spread betting indices and gold spread betting cover how those bets are priced. Betting that forms part of a trade you already carry on can be taxed, and spread betting as part of a trade covers that exception; for most UK retail traders where you stand depends on your individual circumstances.
68% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Your capital is at risk. Spread betting is leveraged, so losses can exceed the amount you set out to risk on a bet. This page is not financial or tax advice.
Justin Grossbard co-founded Spread-Bet.co.uk with Noam Korbl in 2024, and co-founded the broker comparison network CompareForexBrokers with him in 2014. He has written for Kiplinger, Entrepreneur, Finance Magnates and MoneyShow since 2022, with articles on forex and trading at MoneyShow, Finance Magnates and Kiplinger.
Updated . Updated on 9 Oct 2026: From this StoneX Trading review we withdrew the August 2026 tests of order execution, the apps and customer service, and everything drawn from them, because they could not be verified against account records; the Customer Service mark holds at 9/10, backed by the 26 Aug 2026 scoring sheet alone, with the score still 80/100.
