In the world of Forex brokerage, Gain Capital is one of the largest brokerage firms for the market. This Gain Capital Review goes into detail about this strong company. It was founded in 1999 and has grown strongly over the years. It features among the most respected brokerage firms in the world and has traders in over 140 countries around the world. It is one of the most diverse companies in the market featuring not only professional traders but also individual traders as well as institutional traders. The focus mainly is on the individual trader.

Forex.com is one of Gain Capitals fully owned subsidiary companies. This can lead to confusion for traders especially new traders. The services offered on Forex.com will vary a bit from the Gain Capital site. Forex.com is more suited to individual traders. The discrepancy shows in the difference in the charges for accounts. Deposit minimum for institutional accounts for Gain are $100,000. Forex.com deposit minimum is $2,500 for new accounts and $500 will open a new mini account.
This illustrates the divide between the two sites. Spreads can also be a bit different. Variable spreads are offered by Gain.
Fractional spreads benefit the traders when it comes to pips. It also lowers transaction costs when a trader orders inside the spread. In comparison to Forex.com, for institutional traders there is a commission fee. A fee of $25 for every million traded in currency is across the board, no matter the currency pair traded. As far as software goes, there are four different software programs to take advantage of. A trader can choose between web, mobile, Windows and MT4. Each of these is different from the other and offer different features. These features are available for all traders in the market.

The Windows platform for example has all the information and functions that you would need to make informed decisions such as trading news and headlines, market research, charts and resources as well as all the order types. The Web based platform is a fully functioning trading software package that loads into a web browser. If you have internet access you can trade with this web based software. Wireless also adds to the convenience of trading and it allows the trader to trade from your mobile phone. A final choice is the ever popular MetaTrader4. This is the most popular trading platform for trading in Forex.

Software for MT4 includes order types, analytical tools, creation of trading strategies and automated trading. When it comes to new traders, a demo account is what should be sought after. A trading account with Gain Capital that is a demo is full of information and training so that the new trader can begin to trade in the market. Videos, webinars, workshops and training all are a part of a demo account. Our Gain Capital Review would not be complete without this final conclusion. Gain capital is one of the best in the business when it comes to a Forex brokerage firm. Competitive spreads, easy to use trading platform and high quality service makes Gain Capital a good choice.

FXCM provides several different Forex trading accounts for both new traders and experienced traders. In 2010, there were at least 165,000 accounts on this brokerage. FXCM review shows that the standard 100k account is best for experienced traders with a $2,000 deposit. Leverage goes up to 1:100. Mini accounts are also offered at $50 to start and leverage can go up to 100:1. A third account option is the 30 day demo account with $50,000 for trading. Platforms are identical for all three accounts. Dealing online means the possibility of no Dealing Desk while trading.

This in turn helps to keep the spreads and pips low. For example spreads can start as low as one pip. Opportunity is also offered to make use of the Dealing Desk. It offers protection against spread uncertainty and pips on the current major currency pairs can be between 3 and 5. Registration purposes and processes require the following information for accounts: Personal and financial information as well as employment for starters. For non US citizens, a valid driver’s license and current utility bill are required before an account can be opened. Depositing of funds can take several different forms.
Wire transfers, debit cards, paper checks, electronic checks and credit cards are all options to fund accounts. FX Trading Station is the software of choice for FXCM. This software, once loaded to the desktop can get you started. It is intuitive and user friendly as well as being customizable. There are several different features such as entry orders, limit orders, trailing stop, day trading, take profit and stop loss orders. A hedging feature is available for those using No Dealing Desk in the UK. Included are analysis data and charting tools which are available in a variety of formats.

A toolbar for the browser is available giving access instantly to rate and market news. Alerts can be set when the market reaches a desired point. FXCM also provides multilingual staff 24/7 for customer support. Options include email, toll free calls internationally and chat. If a Gold Account with $25,000 is in place, then VIP support is included. Other types of tools that are available to new traders include videos, webinars, manuals and a “Power Course”. The course price is $19.95 and includes 8 45 minute sessions. Free tips are also available on the news site www.DailyFX.com that can help you make the most of your trading.
So to sum up this FXCM review this brokerage firm has different accounts for Forex trading. Depending on the size and amount, different features are available. The accounts available are standard, mini, micro and a 30 day demo. Software is included along with training and tips for those new to the Forex market. This is a strong company financially with a user base that is worldwide. It offers clients large financial assets, high liquidity, innovative features and tools as well as excellent customer support and attractive rates. All this makes FXCM an attractive way to trade on the Forex market.

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