This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
RJO Futures Review
RJO Futures is the retail brand of R.J. O'Brien, the oldest US futures broker, founded in 1914. StoneX Group completed its purchase of the firm in July 2025.
Min Deposit
N/A
Spreads From
Not applicable, futures use commissions, not spreads
Max Leverage
Set by exchange margin rules, not separately published
Platforms
4
Pros
- Traces its roots back to 1914, a founding member of the CME
- Now backed by StoneX, a large, publicly listed financial group
- One of the largest futures commission merchants in the country
- Offers several platforms, including RJO Global, CQG, and NinjaTrader
Cons
- Paid a combined 750,000 dollars to the CFTC and NFA in 2018
- Also fined in 2013 for supervision and customer protection failures
- No longer independent after the 2025 StoneX acquisition closed
- No public minimum deposit, spread, or leverage figures are listed
R.J. O'Brien started in Chicago in 1914 and became a founding member of the Chicago Mercantile Exchange. For more than a century it stayed independent and grew into one of the largest futures commission merchants in the country, clearing trades for retail and institutional clients under the RJO Futures brand.
That independence ended in July 2025, when StoneX Group completed a 900 million dollar purchase of R.J. O'Brien. The deal made StoneX the largest non bank futures commission merchant in the United States and brought RJO's more than 75,000 client accounts under the StoneX umbrella.
R.J. O'Brien has faced real regulatory scrutiny over the years. In 2018, the CFTC and NFA fined it a combined 750,000 dollars over supervision failures tied to a client's trade allocation scheme, after earlier 2013 penalties for supervision and customer protection rule violations. The firm says it has since doubled its legal and compliance staff.
Max Leverage
Set by exchange margin rules, not separately published
Spreads From
Not applicable, futures use commissions, not spreads
Platforms
Regulators
Platforms
- NFA (USA)
- CFTC (USA)
