GAIN Capital — Forex Broker Rating and Review 2020

GAIN Capitalhttp://www.gaincapital.com/
Status
Regulation CFTC, FSA, FSA, SFC, ASIC
Trading software Gain GTX
Headquartered 44 Wall Street, 6th Floor, New York, NY 10005Phone: +1.646.512.5421

Forex broker GAIN Capital was established in 1999 as a provider of online trading services on global financial marlets. Gain capital holdings mainly specializes in providing foreign exchange (forex or FX) and contracts for difference (CFDs) trading services. The company has a reliable regulation, it operates under such major financial regulators as CFTC, FSA, FSA, SFC, ASIC. Gain capital group offers its products to a wide range of customers including individual traders, institutional investors and minor brokerages. Gain capital group llc is licensed and registered in the United States, its central office is headquartered in New York in the heart of all financial markets - Wall Street. Broker GAIN Capital provides its financial and investment services to customers from over than one hundred countries worldwide. The company’s trading platform transacts almost 250 billion dollars per month.

Forex GAIN Capital offers its customers trading on the award winning trading software Gain GTX which is a proprietary to Gain capital holdings. The gain trading conditions are quite comfortable and include minimum deposits starting from $250, low spreads ranging from 1 to 2 pips for all major currency pairs and leverage reaching 100:1. Besides, the fractional pips allow more precise quoting. The broker claims the fastness of order execution and the absence of slippages and requotes. To review the brokers’ products without risking the real fund it is possible to use a demonstration account for free so any trader is allowed to test the broker’s services. The depositing and profit withdrawal is possible via a wide range of payment systems including Credit Card, PayPal, Wire Transfer, WebMoney and PayPal. The broker offers such advantages as viewing real-time prices in 18 currency pairs, tracking P&L and open positions in real time and performing technical analysis with our advanced charting tool.

GAIN Capital trading information

WWW http://www.gaincapital.com/
Address
Headquarters 44 Wall Street, 6th Floor, New York, NY 10005
Free phone +1.646.512.5421
24 hour support
Free education
Mobile trading
24 hour trading
Digits after the dot in quotes
Minimum position size
Pip spread on majors 1-2
Spread Type
Maximum Leverage 100:1
ECN, $
Standard account, $ 250
Micro account, $ 250
Popular payment methods Credit Card, PayPal, Wire Transfer
Account currencies
Available assets no
Languages English
Platforms Gain GTX
Broker type
Regulation CFTC, FSA, FSA, SFC, ASIC
Foundation 1999

Stay away. They are not what they say they are. Their agreements are different than what they discuss. They are not transparent. They are calculating the payments with their interpretation of the document which is written in a way that it can be applied many different ways. My agreement was simple, they will take 18% of the total distribution. At the end they took 19% with no good explanation. Be careful with them!!

Al   29 January, 2020  

Stay away. They are either incompetent in pro client communication, or are scamming on purpose with inactivity fee. Their claim is that they send e-mail about fee change only 2 weeks before it applies. E-mail is not delivered to you? Your problem. they dont care about ensuring client knows and agrees to condition change. No call, no signed contract, nothing, just big surrprise how money are being deducted from you. I'm considering legal actions with regulator. Don't get screwed by them like i was.

Adam   21 August, 2019  

My niche is futures trading, and at Gain Capital.. Since 2012 i have all kinds of problems with this broker, disconnections at crucial points, and now, 2017, a ban on charts larger than 1440 min.(forex might be next?..) Lost a lot of money because of all this.. For me this isn't a reliable and honest broker, but that's my opinion!

Edwin   12 December, 2017  

No one from all my expert advisers work on their accounts. I've been tested them with a number of different brokers and all showed me stable positive performance. I have no clue why it's not working but it's a bad sign. I would mention that prices on demo and real account absolutely different. They are much more different with other brokers. I do not mean that Gain capital is a typical scheme but their approach to execution and feed price may cause some issues to your EA's performance. Exactly what happened in my case.

Chang   4 April, 2017  

I'm account manager who manages 4 accounts through mt 4 solutions. And from first hands, I guarantee that services at the top level. My customers can see all activities I do on my managers’ account and they enjoy sharing profits each month. You might say that I advertise my services but yes. If you want to invest in my managed accounts, you can better do it by opening trading account with Gain capital. I tested it with my own trading and with my client's accounts.

Joe Kucherenko   16 August, 2016  

I used to trade with them for about a month. The services are quite of medium quality but at least the broker does not hamper a client to trade. At least I have not noticed any serious slippages or requotes. But when it came to withdrawal the slow hell has begun. It took me almost a month to take my money, and they charged me a fat commission fee.

John   11 March, 2016  

Good customer support and hight liquidity

PHUONG LE   1 March, 2012  

You will make money at gain capital at first,then they will trade against you relentlessly and you will not be able to make a single winning trade.not sure exactly how they do it but I started out 10-0 then they stopped me out of the last 15 trades or so.go to Vegas ,at least you have a sporting chance,pretty ladies and food and drinks.

Dean   1 December, 2011  

Terrible. I don't trust them at all. They repeatedly stopped me out even though my stop was well outside the spread. When I complained to Trade Station, Trade Station went back and changed the chart to make it look OK. Stay away from Gain. I moved my money from TS because of them.

John   26 March, 2010  

Never in your wildest dreams would you see the spreads they advertise. Traded them in all markets and the best you get would be 2.8 on eur/usd. Slippage is horrific, charting lags by three bars on one minute chart, not recommended for serious traders

John   3 March, 2010  

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