stonefort

Stonefort is a newly established online broker that began operations in 2024, aiming to serve retail and institutional traders with competitive trading conditions. The broker advertises itself as a regulated entity, offering a range of account types, high leverage, and access to multiple asset classes including forex, commodities, indices, and cryptocurrencies. Headquartered in the United Arab Emirates, Stonefort also maintains a registered address in Mauritius, reflecting a common dual-jurisdiction structure among offshore brokers. In this overview, we outline the key features of Stonefort’s offering to help traders understand its services at a glance.

Stonefort Securities Limited, the operating company behind the brand, was officially incorporated on August 26, 2024. Its registered office is located at The Gardens, Ground Floor, Bagatelle Office Park, Bagatelle, Moka 80832, Republic of Mauritius. Despite the Mauritian registration, the broker’s primary market and operational presence appear to be in the UAE, where it promotes SCA regulation. At the time of writing, the company reports having zero employees, which is typical for new offshore brokers that outsource many functions. The recent launch and minimal corporate footprint mean the broker lacks a long track record, a factor traders should consider when evaluating stability.

Stonefort promotes dual regulatory oversight from the Securities and Commodities Authority (SCA) of the UAE and the Financial Services Commission (FSC) of Mauritius. As of our latest data, the only verifiable license on record is with the FSC of Mauritius under license number GB24202921, a Securities Trading License (EP). The FSC is a recognized but lesser-tier regulator compared to top-tier authorities like the FCA or ASIC; it does not mandate client fund segregation or provide a compensation scheme. The claimed SCA license could not be independently confirmed in this review. Traders are advised to verify any regulatory claims directly on official registers before opening an account.

Stonefort segments its offering into three account tiers designed to cater to different levels of trading experience and capital. The Starter account is accessible with just $50, making it an option for beginners, and offers leverage up to 1:1000 with spreads from 1.3 pips. The Advanced account requires a $3,000 deposit, lowers leverage to 1:500, and tightens spreads to 1.0 pips.

At the top end, the Elite account demands a $10,000 deposit, caps leverage at 1:200, and features spreads starting from 0.1 pips. None of the accounts charge a stated commission, which may indicate costs are built into the spread. This tiered structure allows traders to choose based on their capital and risk appetite, with the Starter account’s high leverage particularly attractive—but risky—for small-scale traders.

The broker claims to offer a diverse range of tradable instruments including Precious Metals, Stocks, Indices, Currency Pairs, Commodities, and Crypto Currency. This coverage is broad enough to satisfy most retail trading strategies, from forex scalping to long-term stock investing. Stonefort’s own materials emphasize professional-grade trading platforms with advanced charting and fast execution, though the specific platform name (e.g., MetaTrader 4/5 or a proprietary solution) is not disclosed in the data reviewed. The absence of explicit platform details may leave some experienced traders wanting more information before committing.

Funding an account with Stonefort is supported by multiple deposit methods (6 according to the broker’s data), offering flexibility. Withdrawal options are limited to just 2 methods, which could slow down access to funds. The broker states that withdrawals are processed quickly, and user reviews generally corroborate fast processing times, often within three days. However, traders should be aware that a small number of reviews mention delays and complications when withdrawing large profits, citing terms and conditions that are not always clearly communicated. Prospective clients are encouraged to clarify withdrawal rules in advance.

Stonefort may appeal to new traders ready to accept the risks of an offshore broker in exchange for low barriers to entry and high leverage. Its $50 minimum deposit and leverage up to 1:1000 are standout features for those looking to start with limited capital. The broker’s regulatory claims, if verified, might provide some comfort, but the overall protective framework lags behind top-tier jurisdictions. More experienced traders may appreciate the Elite account’s tight spreads, but they should weigh the advantages against the company’s short history and limited withdrawal options. Ultimately, Stonefort is best suited for high-risk-tolerant individuals who prioritize flexibility and cost over robust oversight.