FOREX.com to offer automated trading strategies with Capitalise.ai
FOREX.com announces new offering with trading software company Capitalise.ai, to deliver user-friendly automated trading strategies.
Forex.com is one of the oldest and most recognizable brands in online Retail FX and CFD trading. It was the leading brand of publicly traded brokerage Gain Capital Holdings Ltd., which also operated City Index in the UK and the GTX institutional FX trading operation.
Bedminster, NJ based Gain Capital was acquired by StoneX Group (Nasdaq:SNEX), formerly INTL FCStone, in July 2020 for $236 million, and since then Forex.com is a unit of StoneX.
Forex.com trading volumes have averaged about $200 billion per month in 2020.
FOREX.com announces new offering with trading software company Capitalise.ai, to deliver user-friendly automated trading strategies.
Retail FX broker FOREX.com offers its clients to check whether they have any bad trading habits via Performance Analytics.
FOREX.com Japan has informed its clients of revision of certain documents due to its trade name change.
StoneX’s CFD business generated average daily trading volumes (ADV) of $13.1 billion in Q3 2022, down from $14.9 billion the previous quarter.
StoneX reported operating revenues derived from FX/CFD contracts of $98.9 million in the three months ended March 31, 2022.
FOREX.com also disclosed that it would offer Canadian customers commission-free CFD stock trading through July 1, 2022.
Two major Forex brokers – OANDA and GAIN Capital, are still locked in a patent fight in Court.
FOREX.com Japan has suspended opening of new positions in USD/RUB and EUR/RUB since February 24, 2022.
StoneX reported operating revenues derived from FX/CFD contracts of $72.2 million for the three months ended December 31, 2021.
FX News Group reviews how some of the world’s major Forex and CFD brokers adapt to IBOR transition.