The brokerage forex or Gain Capital Group is a leading provider of online trading services in the foreign exchange (forex) market. The company was founded in 1999 and is headquartered in Bedminster, New Jersey. Gain Capital Group is a publicly traded company that is listed on the New York Stock Exchange under the ticker symbol GCAP.
The company operates through two main brands: Forex.com and City Index. Forex.com is a global brand that offers trading in forex, commodities, and indices, while City Index is a UK-based brand that offers trading in forex, CFDs, and spread betting.
Forex.com is one of the largest retail forex brokers in the world, with a global customer base that spans over 180 countries. The platform offers a range of trading tools and resources, including advanced charting, technical analysis, and market commentary. Forex.com also offers a range of educational resources, including webinars, video tutorials, and trading guides.
City Index is a leading provider of CFDs and spread betting in the UK. The platform offers trading in a range of markets, including forex, indices, commodities, and shares. City Index also offers a range of trading tools and resources, including advanced charting, technical analysis, and market commentary.
Both Forex.com and City Index are regulated by top-tier financial regulators, including the Financial Conduct Authority (FCA) in the UK and the National Futures Association (NFA) in the US. This ensures that customers receive a high level of protection and that the companies operate in a transparent and ethical manner.
Gain Capital Group has a strong track record of financial stability and growth. In 2019, the company reported net revenues of $441.1 million and a net income of $14.6 million. The company also has a strong balance sheet, with total assets of $1.1 billion and cash and cash equivalents of $240.4 million.
In addition to its trading services, Gain Capital Group also operates a number of other businesses, including GTX, a platform for institutional forex trading, and City Index Australia, a subsidiary that offers trading services in Australia.
Overall, Gain Capital Group is a well-respected and established player in the forex market, with a range of trading services that cater to both retail and institutional customers. With a strong financial position and a commitment to regulatory compliance, the company is well-positioned to continue its growth and success in the years ahead.
