STX Sportsbook Review 2026: Is it Legit & Safe in Ontario?

STX Ontario is the most unique sports betting site on the market right now. Rather than offering traditional fixed odds lines, this site works like a sports trading exchange - a bit like a stock brokerage but for betting.

You can opt to either buy or sell two different positions on futures, live, and pre-game bets. What’s cool is that you can choose to display the markets either in traditional odds format or in a stock exchange-style price. Confused? Don’t worry, as I’ve explained everything in detail in my fair and honest review of this unique ON gambling app.

What is the STX Sportsbook - Ontario’s only sports trading exchange

STX isn’t like other NFL betting sites in Ontario because it doesn’t offer your usual fixed odds sports betting lines. Instead, it’s a sports trading exchange, which means that you can determine your own odds for a market and then place an order on the app.

You can then sell those odds and look for a buyer. Because this is technically a trade, rather than a traditional bet, everything is only signed, sealed and delivered once the market has a seller and a buyer.

On the other hand, you could choose to buy one side of a market at pre-approved odds set by another user. What’s cool is that this gives you some pretty unique markets.

What types of bets can you place at STX?

If we strip it back to basics, STX offers trading on the three sports betting market types that you’ll find on most new betting sites in Canada:

• Pre-game - The standard bet type where you back a possible outcome for a game before it starts.
• In-play bets - Betting on a prediction while the game is already taking place live.
• Futures - Predicting longer-term outcomes, such as player MVP or picking the Stanley Cup winner at the start of the regular NHL season.

STX Sportsbook test - How it works in action

Bet on exciting sports games at STX

Join the action with top STX sports games

Ordinarily, I would look at the odds and betting markets at a sportsbook much further into my review. However, this is no ordinary sportsbook, so we need to get into the odds and markets right away.

How the odds work

What’s offered on this sports trading exchange are binary (yes or no) markets that will eventually settle on $100 if the outcome is “Yes” or $0 if the outcome is “No”.

You are trading against other users on the outcome, so the sportsbook doesn’t take a “vig” off the top or manipulate the odds in any way to curry its own favour. This allows for full transparency and means that all markets open at a 50/50 split, or +100 odds.

For comparison, a two-sided over/under or points spread at a traditional sportsbook always opens at -110 for either outcome (a 52.4/52.4 split), because the house takes a 4.8% commission (vig) off the top.

The odds display

Once you or another player has set the odds for a certain market, you have the choice between three odds display options on the interface:

• Price - This displays the price and leverage, like on a stock exchange rather than a sportsbook.
• American - This shows you the American odds alongside the buy and sell prices for both outcomes
• Decimal - The exact same as above, but with decimal odds instead of American.

Example of the odds display options in practice for a lay bet

There are a lot of betting markets on this site that will be completely new even to experienced sports bettors, but I’d like to start on familiar ground. The closest to a traditional moneyline bet is the Lay/Back bet.

If you “Lay”, you’re betting on it not to happen. If you “Back, you’re betting on it to happen.

Here’s how each of the three odds displays looks at the time of writing to Lay or Back bet on OKC to beat IND in an NBA Final game:

What you can see here is that the favoured outcome can be bought for a much higher price and can be leveraged more. Meanwhile, the underdog outcome can be bought much cheaper but leveraged less, because the implied probability of it happening is very low (19.3%).

Other market examples

I used the above example because it shows one of the unique markets that make this sports trading exchange stand out from the pack. However, if you’re looking to ease your way in, you can find markets like moneylines, spreads, and totals, just like you can on most standard NBA betting sites in Ontario.

The only difference is that you buy or sell a position at the named price. You don’t place a bet at a price of your choosing and at odds set by the sportsbook.

Basketball

Football

Hockey

American Football

Baseball

Futures markets at STX Canada

In addition to live and pre-game bets, STX also offers unique futures markets for the NHL, NBA, MLB, and more.

Here are some examples that I found at the time of writing:

• NFL - Will the Philadelphia Eagles win at least 11.5 games during the 2025-26 NFL Regular Season? (Yes/No)
• NHL - Will the Oilers win the Stanley Cup finals series (Yes/No)

Pros markets at STX

You can also buy or sell positions for outcomes on player props. For example, in the MLB right now, I can take a Yes or No position on the market “Will Yusei Kikuchi record over 5.5 strikeouts?”.

3.8/5

Stx Sports

T&Cs apply, 19+

Bonus Code

-

Stx Highlights

• Innovative Sports Betting Exchange
• Competitive Odds and Low Fees
• Five-Tier Loyalty Program

Usability, look and feel of the STX Ontario Sportsbook

While everything that I’ve described above might make this type of sports wagering sound complicated, there’s no need to worry. The website's interface and usability are extremely simple and user-friendly.

When you click on the “Markets” button, you can find all of the available markets for the upcoming and live events. The “Wagers” button gives you the price movement and all of the details that you’ll want to make use of when you become more experienced.

More importantly, it’s extremely easy and clear how to switch between the “Price”, “American”, and “Decimal” odds displays. In terms of aesthetics, the site features a dark background with subtle yet intelligent use of yellow and red branding, making everything very easy on the eye.

How to sign up to STX - Step-by-step

Here’s how you can register and get started at Ontario’s only sports trading exchange:

1. Visit - Click one of the banners on this page to reach the STX website
2. Start - Click the “Sign Up” button
3. Basic information - Enter your email address, phone number, and full name alongside some other info
4. Demographic - Select your gender and age range
5. Professional details - Enter some information about your professional and annual income
6. Password - Create a secure password for your account
7. Confirm - Read and accept the T&Cs and other documents
8. Submit - Once you’re happy, submit the form and create your account

STX Sports Trading Exchange app

If you want to use this sports trading exchange on mobile, there’s an excellent app that you can download from the App Store. It has an excellent 4.6-star user rating and is perhaps even more user-friendly than the desktop site.

I found the trade execution functions and portfolio management tool in my account were easier to manage in the app than on the site. Moreover, the app looks and feels extremely professional and is regularly updated. To date, I haven’t experienced any issues with lag or slow functionality.

Here are the key properties of the iOS app:

Payments - Deposits and withdrawals at STX

There are no minimum deposit or withdrawal limits on this site, nor are there any maximum betting limits. You can fund your account directly with your credit/debit card or via bank transfer.

Additionally, you can also make instant deposits with popular Canadian e-wallets, such as Interac, MuchBetter, and PayPal. On top of that, they also accept Paysafecards for those of you who prefer the pre-paid options.

Withdrawals

As this site offers a form of sports betting that’s modelled on market trading, the withdrawals are a little bit slower, as your wagers are treated more like an investment portfolio. Still, you can withdraw funds directly to your bank account within 3 to 5 business days, which isn’t too bad in the grand scheme of things.

Fees

While there are no fees charged for deposits or withdrawals, you may be charged a fee if your wager or “sports trade” finishes in a profitable position. As I explained at the start of this review, STX operates using a fully transparent market system and doesn’t add a commission to the real odds. Therefore, they have to make money by charging a fee on your profits, just like a financial broker would. It’s a fair trade-off, I’d say.

Decent customer service at STX Ontario

STX isn’t like other sportsbooks, and therefore, most players will have some questions before signing up. My advice is to first check the Help Center, where you can find some clear and concise explanations for how things work.

That being said, while it’s good to find out more about how the trading and betting work, it is lacking in some areas. For example, I couldn’t find anything about the payment methods available on the site.

If you need to get in contact, here are your options:

• Submit a ticket - Here you can select your department (STX Ontario), leave your email address and explain your issue/ questions in detail. In most cases, they got back to me with useful answers and info within 24 hours.
• Email - You can also reach out to the team via the support email address. At the end of the day, both submitted tickets and emails land in the same inbox, so it’s down to personal preference.

Social media

You can also find STX on these social media platforms:

• X
• Instagram
• LinkedIn
• Discord

Customer Service
Available Languages:	English
Email:	contactus@stxapp.ca

STX Sportsbook rating - License and security

This company has a valid license from the Alcohol and Gaming Commission of Ontario, meaning that it can offer online sports betting services legally to adult residents in the province who are aged 19+. At the moment, they can only offer sports betting - there isn’t yet an STX Casino in Ontario.

When it comes to security, these guys take things pretty seriously, as the site is encrypted and your account is protected by 2FA and other security protocols.

Moreover, because of the sports trading nature of this site, where users can potentially lose more than they stake, the vetting and verification are far more stringent than those of your average Ontario sportsbook. As I explained earlier, you must enter your employment and income details alongside your name, age, and address.

STX Sportsbook Canada review - Conclusion

In summary, if you’re an experienced sports bettor who’s looking for something new, different, and potentially exciting, STX is definitely worth a look. Just remember to start slow and approach with caution, as there are more risks involved with this sports trading model compared to traditional fixed odds betting. That said, if you manage your risks and use the self-imposed limit tools, you could have some fun on this app for sure.

3.8/5

Stx Sports

T&Cs apply, 19+

Bonus Code

-

Stx Highlights

• Innovative Sports Betting Exchange
• Competitive Odds and Low Fees
• Five-Tier Loyalty Program

STX review FAQ