Refco vs StoneX Financial (FCM): licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeRefcoStoneX Financial (FCM)
Licence Score—Not rated65Strong
Strongest licence ? None on record 1 Tier 1
Licences on record01
1 CFTC / NFA United States —Licensed
Founded19691924
HeadquartersUnited StatesUnited States
TypeFutures broker (FX futures)Futures broker (FX futures)
Publicly listedNoNASDAQ:SNEX
Platforms—Proprietary
Minimum deposit——
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Frequently asked questions

Is Refco or StoneX Financial (FCM) better regulated?

StoneX Financial (FCM) has the higher Licence Score (65 vs 0), based on the number and tier of licences, operating history and public listing.

Which regulators license both Refco and StoneX Financial (FCM)?

They share no regulators in our database.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.