What Daniels Trading does

Daniels Trading is a financial services firm based in Chicago, founded in 1995, with 101-250 employees. The danielstrading.com domain redirects to StoneX Futures (futures.stonex.com), indicating that Daniels Trading operates as a retail-facing brand within StoneX Group Inc.'s FCM division. StoneX Group Inc. (NASDAQ: SNEX), founded in 1924, is a $2B+ market-cap, $6B+ AUM diversified financial services firm with 4,000+ employees globally, and one of the world's largest non-bank Futures Commission Merchants.

Under the StoneX Financial Inc. (FCM Division) umbrella, the business provides futures and options on futures clearing and execution services across more than 40 global commodity exchanges in 180 countries, serving 400,000+ active retail clients and 54,000+ commercial and institutional clients. The core product is the proprietary StoneX Futures platform, supplemented by access to 25+ third-party platforms including TradingView (60M+ users) and MetaTrader 5. The offering spans equity indices, metals, energies, crypto, interest rates, agriculture, livestock, and FX, with micro contracts available at 1/10th standard size.

The business model is transaction-based: the company earns futures commissions on every trade cleared. Retail clients are segmented into a Standard account (self-directed, competitive fixed-rate, no software fees) and a Premium account (customized pricing, dedicated broker support, education). Commercial and institutional clients receive high-touch service, end-to-end clearing, and risk management. The GTM motion is a hybrid of self-serve online application (portal.stonex.com) for Standard accounts and consultative inside-sales for Premium and institutional relationships, with distribution amplified by TradingView and MetaTrader 5 platform integrations.

Name

Daniels Trading

Legal name

StoneX Group Inc.

Website

https://danielstrading.com

Company type

Public

Founded year

1924

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Futures Brokerage

NAICS

Commodity Contracts Intermediation (52316), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Clearing Broker / Carrying Broker (FCM & Clearing) (FSAEACAF)

akta.pro secondary industries

Derivatives & Futures Brokerage (FSAEACAL), Equity Index & Futures Derivatives (FSACADAF), Interest Rate Futures & Options Exchanges (FSAFABAB)

Keywords

• Futures brokerage
• Futures trading
• Commodities derivatives
• Forex brokerage
• Trading platforms

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Futures Commission (FCM Services): StoneX Financial Inc (FCM Division) earns commissions from futures and options on futures trading executed through their platforms. They are one of the world's largest non-bank Futures Commission Merchants (FCMs).

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Daniels Trading is a Chicago-based futures brokerage that provides retail and professional traders access to global futures, options, micro futures, and forex markets. The firm delivers trade execution, clearing, and position management through StoneX-affiliated platforms (StoneX One, StoneX Futures Plus, and StoneX Pro) and supports clients with educational resources, market news, and multi-asset consolidated reporting.

Product overview

StoneX offers a multi-platform futures trading ecosystem built around the proprietary StoneX Futures platform, combined with access to third-party platforms TradingView and MetaTrader 5. The company provides two service levels through Standard and Premium account types, with Micro Futures contracts enabling reduced-risk market participation. StoneX connects clients to over 40 global commodity exchanges for trading futures, options on futures, and micro contracts across equity indices, metals, energies, crypto, interest rates, agriculture, and livestock markets.

Differentiator

Problem solved

Functional benefit

Brands

• StoneX Futures: Flagship futures trading platform offering advanced trading capabilities, access to wide range of markets, cutting-edge trading tools, and expert resources.
• StoneX Standard
• StoneX Premium

Products and services

• Futures Trading Execution and clearing access to global futures markets for retail and professional traders across major asset classes including commodities, equity indices, interest rates, and currencies.
• Options Trading Futures options trading service enabling clients to implement hedging, income, and speculative strategies across supported derivatives markets.
• Micro Futures Trading Smaller-sized futures contracts that allow individual traders to gain futures market exposure with reduced capital requirements and risk.
• Forex Trading Spot FX trading service offering access to more than 30 currency pairs through integrated platform infrastructure.
• StoneX One Platform Free multi-asset trading platform for active traders, offering advanced charting, simulated trading, strategy automation, and real-time market news across futures, options, micro futures, and forex.
• StoneX Futures Plus Premium downloadable desktop platform for active futures and options traders, featuring customizable workspaces, advanced charts, options analytics, micro futures support, and trade automation capabilities.
• StoneX Pro Platform Professional-tier platform designed for active multi-asset traders, offering consolidated cross-broker and cross-asset reporting, advanced analytics, Excel integration, and API connectivity for automated strategies.
• Futures Plus Simulated Trading Simulated trading environment bundled with the Futures Plus platform that allows traders to practice futures and options strategies risk-free before deploying capital.
• Trade Navigator (by TradingTools) Supported third-party trading platform with 100+ indicators, customizable workspaces, options analytics, and strategy automation, available through Daniels Trading's broker integration.
• Daniels Trading Resource Center Trader education and research content library providing platform tutorials, market news, and trading-strategy resources to support active futures and options traders.

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Forex.comminorChannel Partner/ Reseller/ DistributorAffiliate company providing forex trading services. StoneX clients can access Forex.com for trading 80 FX pairs with spreads as low as 0.0 and low commissions.
• StoneX OneminorChannel Partner/ Reseller/ DistributorAffiliate platform for commission-free trades in stocks, ETFs, options, and mutual funds across multiple accounts on a single platform.
• TradingViewcoreTechnology or IntegrationStrategic platform integration allowing StoneX clients to trade futures on TradingView's charting platform and social network used by 60M+ traders worldwide.
• MetaTrader 5coreTechnology or IntegrationPlatform integration offering tools for comprehensive price analysis, algorithmic trading applications, and copy trading functionality.
• CME GroupcoreTechnology or IntegrationProvider of Bitcoin Futures and Ether Futures products traded on CME Group markets.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Tradovate: Tradovate is a cloud-native futures broker and trading platform that combines clearing services with modern web and mobile trading apps. It directly competes with StoneX Futures on platform UX, automated trading support, and commission-based retail futures brokerage for active traders.
• AMP Futures: AMP Futures is a discount futures broker offering clearing, low commissions, and access to multiple platforms including NinjaTrader and Sierra Chart. Comparable to StoneX/Daniels Trading as a multi-platform, commission-driven FCM focused on self-directed retail futures traders.
• Optimus Futures: Optimus Futures is a mid-sized futures commission merchant offering execution and clearing across multiple exchanges with tiered service and platform integrations. It is comparable to Daniels Trading/StoneX as a focused futures broker serving active retail and small institutional clients across global commodity exchanges.
• NinjaTrader: NinjaTrader provides a futures trading platform and brokerage services aimed at active retail and semi-professional futures traders, with deep integration into CME, CBOT, and COMEX markets. It competes head-to-head with StoneX Futures on platform technology, commission pricing, and algorithmic trading features for self-directed futures traders.
• R.J. O'Brien (RJO): R.J. O'Brien is one of the largest non-bank FCMs in the United States, providing clearing and execution services across global futures exchanges to commercial, institutional, and retail clients. It is a direct peer to StoneX/Daniels Trading as a large non-bank FCM with multi-asset, multi-exchange access and tiered client service models.
• Interactive Brokers: Interactive Brokers is a leading global multi-asset broker offering futures, options, equities, FX, and bonds to retail and institutional clients through the IBKR desktop, mobile, and Client Portal platforms. It is one of the largest non-bank FCMs and is the most direct competitor to StoneX/Daniels Trading in retail and institutional futures brokerage, with comparable exchange access and tiered pricing models.

Emerging players

• Coinbase: Coinbase is a leading US-regulated crypto exchange and a partner of StoneX for crypto futures products, but is also an emerging competitor in retail crypto derivatives. Comparable because it sits at the intersection of regulated brokerage and crypto asset exposure, the same area where StoneX/Daniels Trading is expanding via CME Bitcoin and Ether futures.

Broad incumbents

• E*TRADE (Morgan Stanley): E*TRADE, now part of Morgan Stanley, is a broad incumbent retail brokerage offering futures, equities, options, and managed accounts through its Power E*TRADE platform. Comparable as a multi-product retail broker with futures capability serving a similar self-directed trader segment, though embedded within a much larger full-service offering.
• CME Group: CME Group is the world's largest derivatives exchange operator, offering futures and options on futures across interest rates, equities, FX, commodities, and crypto. While not a direct competitor (CME operates the venue, StoneX is an FCM intermediary), CME is a key partner and adjacent incumbent that defines the market structure in which Daniels Trading competes.
• Charles Schwab: Charles Schwab is a major incumbent retail brokerage offering equities, ETFs, options, mutual funds, and futures through its thinkorswim platform. Comparable as a broader retail broker with futures capability, though Schwab offers futures as one segment within a much wider product set, unlike the futures-focused StoneX/Daniels Trading model.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/danielstrading
• Facebookfacebook.com/danielstrading
• LinkedInlinkedin.com/company/daniels-trading

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Daniels Trading