Discover The Concepts Of Institutional FX Trading Through This GAIN Capital Review
GAIN Capital is one of the most established financial services providers in the world that caters to a wide range of brokers, banks, individual investors, hedge funds, money managers, and affiliates that are involved either directly or indirectly in the financial markets. GAIN Capital is popular for its affiliation with Forex.com, which is one of the leading Forex brokers in the retail trading industry. GAIN Capital is publicly traded on the NYSE and is regulated by the SEC to ensure that the company adheres to all market regulations that are designed to maintain the integrity of the US capital markets. GAIN Capital operates in more than 180 countries through its subsidiaries, white label platforms, individual brokers, and affiliates, which contributes to more than $500 billion in trading volume for every quarter. The company primarily offers Forex trading services through its popular white label platforms, namely Forex.com, City Index, and GTX. GAIN Capital regulation is an important part of the company’s presence in several parts of the world. Different regulatory agencies from around the world have different regulatory guidelines that dictate the necessary qualities required by firms indulging in OTC and ETF products.
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GAIN Capital is regulated by the top regulators in the US, the UK, Canada, Dubai, China, Japan, Hong Kong, Singapore, and Australia. Therefore, traders can trust the company for its reliability and trustworthiness, making it safe to deal with all authorized subsidiaries for investing in the global financial markets. GAIN Capital gives its clients access to over 30 different global exchanges and more than 12,000 different financial markets, including Forex, commodities, CFDs, spread betting products, binary options, and other OTC options. The organization has become an expert in providing different financial products under its various brands, which allow traders from different categories to invest in the financial markets according to their specific requirements. GAIN Capital competes directly with another NYSE-listed company, FXCM, to ensure total market dominance. While FXCM is popular in its own rights, GAIN Capital seems to be the company of choice for traders from all over the world due to the brand’s significant exposure to the global retail trading market. GAIN Capital also appears to be the primary choice for banks and institutional traders due to their excellent service offerings, which enables the company to be ranked as one of the top Forex brokers in the global financial market. GAIN Capital was also listed as one of the 100 fastest growing businesses in the US, which is a testament to the company’s sincere dedication towards increasing their market presence in light of their competition.
What Does A GAIN Capital Account Offers To Its Traders?
GAIN Capital offers different financial products under different brand names. Forex.com is the primary company that deals in Forex trading, while CITYINDEX is reserved for spread betting and CFD trading. Traders looking for an ECN trading options can consider signing up for an account with GTX, which is the company’s primary ECN platform for FX, commodities, and metals trading. GAIN Capital also provides access to shares and indices trading through its exchange trading brokerage in Chicago, known as Daniels Trading. Every different brand has different account options, which are designed to suit the different regulatory requirements of that particular jurisdiction. A GAIN Capital account can be opened with an initial investment of $250, and a maximum GAIN Capital leverage of 1:200. The comparatively higher deposit requirements and lower leverage are designed to deter traders from using too much margin and succumbing to the volatility of the markets. Of course, US traders will have to accommodate even lower leverage of 1:50 and adhere to trading conditions such as First In First Out, and no hedging on the same currency pairs. The spreads for the standard market maker and STP accounts fluctuate between 2 to 5 pips on average. For lower GAIN Capital spreads, a trader must open an ECN account at GTX, which should help traders to tap into a global liquidity pool to enjoy fast execution times, experience limited requotes, and trade with tight spreads. Of course, GTX accounts do charge a commission per trade, which is a small price to pay for enjoying the best trading conditions. There are different GAIN Capital platforms to choose from, as traders are offered access to the MT4, the ForexTrader Pro, and the GTX ECN platforms. GAIN Capital has licensed third party platforms on top of designing their own proprietary platforms, in a bid to satisfy a significant part of the retail traders that are looking for multiple options in their choice of a platform. The company has also made it easy for mobile traders by offering dedicated GAIN Capital apps for different devices, which can be accessed through their respective iOS and Android app stores. GAIN Capital has made it easy for traders to access different platforms through a single universal login, but every different brand has different account parameters that require traders to open separate accounts to access that particular account. GAIN Capital has made it abundantly clear that it has reserved its ECN accounts for larger traders, which may alienate a major part of the retail trading crowd. Several brokers offer the option of an ECN account with a small investment capital, and GAIN Capital is betting on its industry expertise to promote a standard market maker account for a higher cost. The minimum deposit requirements and lower leverage do tend to inhibit a majority of retail traders from joining GAIN Capital, but most traders choose the broker for their reliability and regulatory strength. Nevertheless, several new companies are emerging in the markets with excellent FX products that are governed by strict regulatory guidelines. These new brokers are capable of toppling GAIN Capital from its comfortable perch, which should encourage the company to create new products and services to satisfy the highly demanding retail traders.