GAIN Capital's FOREX.com Adds Spot Gold and Silver Contracts to MetaTrader 4 Platform Offering
NEW YORK and LONDON, Sept. 4 /PRNewswire/ -- GAIN Capital Holdings, Inc., a global provider of online trading services, today announced that its FOREX.com UK subsidiary had added spot metals to its MetaTrader 4 platform. Clients are able to trade gold (XAU/USD) and silver (XAG/USD) on a margined basis, with spreads currently as low as four cents. The two metals products are in addition to the currency pairs currently available on FOREX.com's MetaTrader platform.
FOREX.com added metals to FOREXTrader, its own proprietary platform, earlier this year.
"For many of our clients, the trading of spot gold and silver will be a natural extension to their foreign exchange trading, as the precious metals market is driven by several factors that currency traders typically follow, including the strength of the U.S. dollar and the price of oil," said Matthew Wright, regional director EMEA.
FOREX.com has a unique MetaTrader offering that provides:
- an EA optimized environment, including micro lot trading and hedging
- free EA hosting services for qualified accounts
- proprietary daily market commentary and analysis from FOREX.com's global research team
- personalized customer service, 24-hours a day during market hours
- the ability to fund and hold account balances in Sterling, Euro, or USD
- the additional benefit of segregated funds protection with a Financial Services Authority (FSA) regulated firm
Jane Foley, director of research at FOREX.com, added, "Aggressive policy reactions by central banks around the world to the current global economic downturn have flavoured the outlook for inflation into the medium-term and heightened interest in the prospects of gold and silver prices which are traditional inflation hedges. Consequently, movements in the prices of these metals are again at the fore of market awareness, making them an interesting trading prospect at the current time."
For more information and to register for a free practice account, visit http://www.forex.com/MetaTraderUK.
About GAIN Capital
GAIN Capital Holdings, Inc. is a global provider of online trading services, specializing in foreign exchange (forex or FX) and contracts for difference (CFDs). Customers and trading partners in more than 140 countries have utilized the company's award-winning trading platform which transacts nearly $200 billion per month.
A pioneer in online forex trading, GAIN Capital operates FOREX.com (www.forex.com), one of the largest and best-known brands in the retail forex industry. It also provides execution, clearing, custody and technology products and services to an institutional client base including asset managers, broker/dealers and other financial services firms.
With offices in New York City; Bedminster, New Jersey; London; Seoul; and Tokyo, GAIN Capital and its affiliates are regulated by the Commodity Futures Trading Commission (CFTC) in the United States, the Financial Services Authority (FSA) in the United Kingdom and the Financial Services Authority (FSA) in Japan.
GAIN's investor group includes private equity firms 3i, VantagePoint Venture Partners, Tudor Ventures, Edison Venture Fund and Cross Atlantic Capital Partners. For company information, visit www.gaincapital.com or www.forex.com.
SOURCE GAIN Capital
SOURCE: GAIN Capital
Web site: http://www.gaincapital.com/