GAIN Capital is a US-based provider of online trading services, gain capital group forex trading in Bedminster, New Jersey. GAIN Capital operates retail foreign exchange and CFD trading brands, FOREX.
City Index as well as GTX, a multi-dealer foreign exchange trading platform for institutions and futures group. GAIN Capital was founded in 1999 in Bedminster, New Jersey, and was one of the early developers of on-line forex trading. IPO was scaled back at the last minute as the target price was not reached. 118 million, boosting its CFD business and expanding its Forex business in the UK. On February 7, 2017, GAIN Capital agreed to acquire FXCM’s US client base a day after the latter had been barred by the CFTC and NFA from doing business in the United States. 250 for accounts that traded subsequently.
GAIN Capital is a US-based firm but has serviced customers from over 140 countries worldwide and gains over half its revenue from outside the US. The company’s largest retail Forex website is Forex. Forex trading companies, most of which serve the global market. In May 2008 it was told by the Chinese financial regulator, China Banking Regulatory Commission that it had breached rules that prohibit forex trading firms providing retail forex trading services through direct solicitation to Chinese residents through the internet without a permit.
It temporarily stopped taking Chinese clients between 2008 and 2010. In October 2010, Gain Capital was fined by the National Futures Association for allegedly engaging in margin, liquidation and price slippage practices that benefited Gain to the detriment of its customers. 459,000 and agreed to refund to customers the amount of negative slippage they experienced on the trades that were placed in their accounts between May 1 and July 31. GAIN Capital expands futures business with purchase of majority interest in global asset advisors and Top Third AG Marketing”. Spencer sells City Index to GAIN Capital”.
Gain Capital finalizes acquisition of FXCM’s US clients”. GAIN Capital: Regulatory Problems Affect Revenue, Margins”. Case Summary – Gain Capital LLC – NFA 10BCC00015 – NFA ID: 0339826″. This page was last edited on 9 November 2017, at 19:00. Gain Capital Group, is a well established and well capitalized forex dealer member that has been in operation since 1999.
In 2008, they were the Technical Analysis of Stocks and Commodities readers’ choice pick of Top Forex Brokerage and won the award for Best Retail Platform by Profit Loss magazine. For information on how to place trades on each platform, please visit Forex. The larger the traders account size is, the tighter the spreads become. Would you like to be contacted to receive more information about opening a trading account? Choose the brokers you would like more information on. We recommend starting with at least 2.
What amount are you expecting to invest? OFXT is here to help you in your path to becoming a forex trader or broker. Our goal is to help you learn, practice, and master the art of currency trading. JPY, or other major currencies, and how the economies of each country impact one another.
There is a high amount of risk involved in FX trading, for more information, please see our risk disclosure policy. Learn more about GAIN Capital’s stock information, company financials, analyst coverage and more. Some products and services may not be available in all jurisdictions or to all clients. Forex, Futures, Options on Futures, CFDs and other leveraged products involve significant risk of loss and may not be suitable for all investors.
Products that are traded on margin carry a risk that you can lose more than your initial deposit. Spot Gold and Silver contracts are not subject to regulation under the U. All references to ‘GAIN Capital’ or ‘FOREX. GAIN Capital Holdings Inc and its consolidated subsidiaries.
40 currency pairs, gold, and silver for your personal investment and trading options. Let other traders know if this service is worth checking or should be avoided. They just want you to lose or die! I live in Mexico but I trade with Forex. UK because of the high leverage. I’ve been their client since 2011.
I lost money until 2015 and the service was fantastic back then. But since 2016 I started earning profits and the service become the worst you can imagine. I have to try each transfer several times. My average wire withdrawal takes an average of 1 month. I call the customer service line and they always say there is no supervisor available. 00 debit card withdrawal attempt and the money just never arrived to Mexico.