STX is a regulated sports betting exchange in the Ontario sports betting scene. iGaming Ontario lists it as a betting exchange, and STX states it’s licensed in Ontario by the AGCO. On it, you’re trading positions against other users instead of taking a fixed line from a sportsbook “house.”
STX uses exchange mechanics, which means you’re looking at a live market with an order book. Buyers place bids, sellers post asks, and trades only happen when those prices meet. If you want to name your number, you post your price and wait for a fill. If you want in right now, you take what’s available in the book.
Here’s what to know before you place your first trade.
Key Takeaways of STX Ontario
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📈 Platform Type |
Sports Betting Exchange (Peer-to-Peer) |
|---|---|
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⚖️ Regulatory Status |
AGCO-licensed and listed for legal play in Ontario’s regulated iGaming market |
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🧠 Age & Location |
Must be 19+ and physically located in Ontario |
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🏦 Pricing Model |
Binary Options ($0–$100 Contracts) |
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🎰 Odds Display |
Toggle between Price ($), American (+100), and Decimal (2.00) |
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🏷️ Commission/Fees |
5% fee on net winnings only (no built-in vig baked into the line) |
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🖥️ Top Features |
Limit Orders, Smart Wallet Risk Management, Discord Community |
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💳 Banking Options |
Interac e-Transfer, credit/debit card, bank transfer |
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📱 Availability |
iOS App and Mobile Web Browser |
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✅ Info Last Verified by The Action Network On |
March 14, 2026 |
TL;DR
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STX is Ontario-only right now. If you’re outside the province, you won’t have access.
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You’re trading YES/NO contracts with other users, not taking a sportsbook’s fixed line.
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Contracts settle at $100 or $0.
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Price and liquidity decide how clean your entry and exit is.
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STX charges a 5% fee on profits when you win, instead of baking a margin into the odds.
If you're looking for information on the US version of STX, check out our review of STX for US users.
What Is STX Ontario?
STX is a sports trading app you can use in Ontario that turns event outcomes into tradable contracts. Instead of “Leafs moneyline -140” as a take-it-or-leave-it number, you’re trading a live price that other users set. The platform’s job is matching orders, tracking open positions, and settling results.
Every contract is a YES/NO question that settles one of two ways:
- YES settles at $100
- NO settles at $0
That’s why pricing lives on a 0-100 scale. So if “Canadiens to win” is trading at $40, you’re basically saying you’re willing to pay $40 for a YES contract that pays $100 if it hits. If you think the true probability is higher than that, you buy. If you think it’s lower, you sell.
In other words, STX turns the binary options sports setup into simple buy/sell decisions, more like how a stock price moves in a market than how a sportsbook posts a line:
- Buy contracts when you want YES exposure
- Sell contracts when you want NO exposure
How the STX Ontario Exchange Works (Peer-to-Peer)
Picture this. You’re looking at a Leafs game and the market’s moving around all day. You open the order book and you see two “prices” right away: what buyers are offering and what sellers are asking. That gap, aka the bid ask spread, tells you what it costs to get filled immediately versus what it costs to be patient. If the gap is tight, it’s easier to trade without giving up much. If it’s wide, you’re paying for speed.
Let’s say the best ask for YES is $61 and the best bid is $59. If you want in right now, you’re taking $61. If you want to control what you spend, you post $60 and wait. Sometimes it fills fast, sometimes it sits there because nobody bites. That’s normal, and it’s also why liquidity matters more than you think.
Keep reading: Liquidity vs. Accuracy
Now add real life into this. A lineup change drops, a goalie gets confirmed, some late news hits, whatever. Prices can jump, and if you’re trying to hit the book at that exact moment, your fill can come in a little different than what you saw a second ago. That’s just how a live market behaves.
Same goes for getting out. If you’re holding a position and you want to close it, you’re either taking what’s available or waiting for someone else to meet you. When the market is active, that’s easy. When it’s thin, you might get filled in pieces, or you might have to accept a worse price than you wanted. Just check the depth before you assume you can move size on a random Tuesday afternoon.
Fees

Once you’ve got the mechanics down, the next thing you’ll want to know is what you’re actually paying.
STX Ontario charges a 5% fee on profits from winning settlements. Losing settlements have no associated fee. That means you’re not paying a hidden vig on every click. The fee shows up when you win.
STX Ontario vs. Traditional Ontario Sportsbooks
You might be wondering how STX stacks up against other Ontario sportsbooks like OLG/PROLINE+, bet365, or BetMGM Ontario. Traditional sportsbooks post fixed odds that the operator sets, and there’s usually a built-in vig (their margin) baked into the line.
STX Ontario works differently. Because it’s a betting exchange, prices come from other users buying and selling, so what you pay can be more competitive depending on the market and the situation. Before you jump in, it’s always worth checking the liquidity on a game, because your ability to get in or cash out smoothly depends on whether there’s enough action on the other side.
Here’s a quick view of how STX compares to traditional Ontario sportsbooks, so you can figure out which setup is worth your time.
|
Feature |
STX Ontario |
Traditional Sportsbooks |
|---|---|---|
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Odds Source |
Market Supply & Demand |
Set by the Bookmaker |
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Fees |
Commission on Winnings |
Built-in "Vig" on every bet |
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Limits |
Liquidity dependent |
Winners often limited/banned |
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Format |
$0-$100 contracts |
American/Decimal odds |
Bottom line, STX Ontario vs. PROLINE+ comes down to pricing. Do you want fixed odds from the book, or a live market where you can set your number and trade out if you want?
Note: The Ontario sports betting market varies from general Canada sports betting, as Ontario has its own rules that are a bit stricter.
STX Ontario App Experience
The app experience is more “trading screen” than a traditional sportsbook bet slip.
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Interface: Dark mode is available, and the layout leans financial. Charts, pricing, and your open positions are easy to find.
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Odds Display Toggle: The odds toggle is still here, Price ($0-$100), American, or Decimal, so customers can read numbers in the format they’re used to without doing conversions.
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Portfolio View: Your open positions show up in a portfolio-style view, so you can manage holdings across more than one game at a time and see exposure without going through separate tickets.
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Smart Wallet: The Smart Wallet tools are meant to help customers manage risk across positions, especially when one position offsets another.
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Android Availability: STX Ontario has an iOS app, and Android users typically access it through the mobile web browser.
Overall performance is quick when you’re moving between games, checking prices, and managing positions, which matters a lot more on an exchange than it does on a standard book.
Banking Options at STX Ontario
A critical aspect of any trading platform, STX has proved they offer reliable payment methods for the Ontario market. Deposits are instant, with no minimum or maximum limits noted. Withdrawals are secure and typically take 3-5 business days to process, with additional delays possible for security reviews.
- Interac e-Transfer: The most common method for Ontario users, the Interac e-transfer option ensures fast deposits and withdrawals that link directly to their bank accounts.
- Credit/Debit: Visa and Mastercard support quick funding.
- EFT/Wire: Larger deposits and withdrawals allow for EFT/wire transfers and provide a secure way to handle substantial amounts.
STX also notes that it can add or remove funding methods over time, so the cashier in your account is always the final word.
Available Sports Markets

If everything you’ve read so far sounds good, the next thing you’ll want to know is what you can actually trade on the app in Ontario. STX ON has a solid mix of leagues across North America, with a few extras mixed in depending on what’s listed at the time.
Here’s what you can expect to find on the STX app in Ontario:
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Hockey (NHL): Plenty of NHL coverage, including moneylines, puck spreads, and futures like Stanley Cup winner markets. As rules and listings change over time, this is also the kind of place where more NHL player markets could show up down the line.
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Basketball (NBA): Raptors fans are covered, with pre-game totals and player markets usually in the mix.
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Baseball (MLB): Jays games are part of the slate, along with run lines and futures.
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Football (NFL): No NFL team in Canada, but there’s still a full NFL menu, including spreads, player markets, and the usual weekly stuff people trade on.
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Soccer: With the 2026 World Cup bringing matches to Canada this June, soccer is going to be front and center. You’ll also see international and domestic leagues depending on what’s posted.
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Golf and Tennis: More niche, but still there. PGA events and ATP tennis matches can be tradable spots when they’re listed.
The longer the product’s live in Ontario, the more changes you’ll typically see in what’s available, especially in niche sports. If you’re the type who checks the board daily, this section is one to revisit when new updates roll out.
Responsible Practices at STX Ontario
Even if you’re treating this like a market, it’s still real money. STX gives customers a few built-in responsible gambling tools to keep things under control, especially if you’re trading often or you’re starting to worry you’re chasing.
Tools available include deposit limits (daily, weekly, or monthly), loss limits, time outs, and self-exclusion options. If you want outside support in Ontario, you can connect with ConnexOntario at 1-866-531-2600, or text CONNEX to 247247.
