GAIN Capital's FOREX.com Adds Forex Trading on the MetaTrader 4 Platform
Bedminster, NJ - September 25, 2008 - GAIN Capital Group, a leading provider of foreign exchange (forex) services for individual and institutional investors, today announced that its FOREX.com division is now offering forex trading on the popular MetaTrader 4 platform. MetaTrader 4 users can sign up for trading services at www.forex.com/metatrader.
"Our goal is to provide the MetaTrader community with a level of service and stability that only an established, well-capitalized forex provider like GAIN can offer," said Glenn Stevens, GAIN's chief executive officer. "We believe that FOREX.com's commitment to providing competitive spreads, quality trade executions and excellent service will prove to be a compelling value proposition for anyone who relies on MetaTrader 4 for their forex trading."
FOREX.com, a division of GAIN Capital Group, is one of the largest regulated forex firms in the United States. GAIN and FOREX.com are registered with the National Futures Association (NFA) in the United States as a Futures Commission Merchant, Forex Dealer Member. As of July 31, 2008, the firm reported excess net capital of $57.9 million.
MetaTrader 4 is designed around the needs of technical forex traders, and includes support for automated trading. Among the notable features:
- A robust technical analysis package with the ability to create custom indicators
- The ability to program and automate specific trading strategies using a built-in language, MetaQuotes Language 4
- Support for hedging activities
- Audible rate & indicator alerts
Traders using the MetaTrader 4 can benefit from the advantages that FOREX.com provides to its customers, including:
- Dealing spreads as low as 1-2 pips on the most widely traded currencies
- Expert research and analysis, from real-time market commentary to essential daily and weekly reports
- Customer support via licensed representatives seven days a week, including 24-hours a day during market hours
- Advanced educational tools include online training courses, workshops, and interactive webinars
The availability of the MetaTrader 4 platform at FOREX.com complements the company's own proprietary trading technology, FOREXTrader. Awarded 2008 "Best Retail FX Platform" by the readers of Profit & Loss magazine, the FOREXTrader platform offers a highly customizable trading environment with a full suite of professional charting and order management tools.
MetaTrader 4 users can visit www.forex.com/metatrader for more information and to register for a free, 30-day practice account.
About GAIN Capital Group LLC
GAIN Capital Group is a market leader in the online foreign exchange (forex or FX) industry. Founded in 1999 by Wall Street veterans, GAIN now services clients from more than 140 countries and supports average trade volume in excess of $200 billion per month. Headquartered in Bedminster, New Jersey, the company operates sales and support offices in New York City and London.
GAIN Capital Group operates FOREX.com (www.forex.com), one of the largest, best-known brands in the retail forex industry. FOREX.com services individual investors of all experience levels with a full-service trading platform, advanced tools and research, and extensive education and training. In addition to its direct marketing efforts, GAIN Capital currently supports over 50 relationships and white label arrangements with broker/dealers, Futures Commission Merchants (FCMs) and other financial services firms across North America, Europe and Asia. GAIN Capital Group LLC, and FOREX.com are registered with the National Futures Association (NFA) as a Futures Commission Merchant (NFA ID #0339826). For company information, visit http://www.gaincapital.com, or for trading information, visit www.forex.com.
