de | cn | ru

Brokers News

Forex.com total funded accounts reach all-time high in January

GAIN Capital Holdings, Inc. (NYSE: GCAP), a global forex broker operating under the brand name Forex.com, today reported certain operating metrics for the month of January 2015.  
 
Retail metrics
 
 - Retail OTC trading volume1 of $279.6 billion, an increase of 18.4% from December 2014 and an increase of 30.3% from January 2014.
 
 - Average daily retail OTC trading volume of $13.3 billion, an increase of 24.1% from December 2014 and an increase of 36.5% from January 2014.   
 
 - Active retail OTC accounts2 of 96,154, an increase of 1.3% from December 2014 and a decrease of 1.3% from January 2014.
 
 - Futures contracts of 742,751, an increase of 14.1% from December 2014 and an increase of 53.0% from January 2014.
 
 - Average daily futures contracts of 35,369, an increase of 19.5% from December 2014 and an increase of 60.3% from January 2014.
 
 - Total funded accounts3 of 135,340, an increase of 1.2% from December 2014 and an increase of 4.6% from January 2014.
 
Institutional metrics
 
 - Total institutional trading volume4 of $451.1 billion, an increase of 11.2% from December 2014 and a decrease of 9.0% from January 2014.
 
 - Average daily institutional volume of $21.5 billion, an increase of 16.4% from December 2014 and a decrease of 4.7% from January 2014.  
 
 - GTX trading volume5 of $411.9 billion, an increase of 8.6% from December 2014 and a decrease of 5.8% from January 2014.
 
 - Average daily GTX volume of $19.6 billion, an increase of 13.7% from December 2014, and a decrease of 1.3% from January 2014.
 
Historical metrics and financial information can be found on the Company's investor relations website at http://ir.gaincapital.com.
 
This operating data is preliminary and subject to revision and should not be taken as an indication of GAIN's financial performance. GAIN undertakes no obligation to publicly update or review previously reported operating data.
 
Management Comment
 
"Following an extraordinary month in the currency markets, GAIN Capital has emerged in a strong position to gain market share and deliver future growth in our retail business.  Total funded accounts reached an all-time high of 135,430 in January, following a strong month in new client acquisition for our FOREX.com brand as retail traders sought out a high quality broker following the SNB event on January 15th. We also saw a significant increase in client activity amid overall more favorable market conditions, with retail average daily volume growing 24% month-over-month to reach a record high in January.
 
Additionally, our strong balance sheet provides important financial flexibility, with funds significantly in excess of our regulatory capital requirements at January 31, 2015, meaning we are well capitalized and have the resources to pursue further growth," said Glenn Stevens, CEO of GAIN Capital.  
 
About GAIN Capital
 
GAIN Capital Holdings, Inc. (NYSE: GCAP) provides innovative trading technology and execution services to retail and institutional investors worldwide, with multiple access points to OTC markets and global exchanges across a wide range of asset classes, including foreign exchange, commodities, and global equities.  GAIN Capital is headquartered in Bedminster, New Jersey, with a global presence across North America, Europe and the Asia Pacific regions.

 

TAGS: forex.com  monthly metrics  trading volumes  funded accounts 

More news about Forex.com

Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, IFSC MT4, MT5, Web $10 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
Australia, Cyprus ASIC MT4, MT5,
IRESSTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
Australia ASIC MT4, MT5 $100 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

More Forex Brokers News

Vantage Prime will no longer service non-Australian clients

May 20 2019 13:36:39

  Vantage Prime, which is a part of the Vantage FX group, announced it will no longer service non-Australian clients, online media Finance Magnates reported today. The broker’s decision is taken due to regulatory concerns. Read more

Dukascopy warns it has no cooperation with shady broker GCG Asia

May 16 2019 13:29:47

  Swiss forex brokerage and bank Dukascopy has repeatedly warned investors that it is has no cooperation Guardian Capital Asia (GCG Asia) and that the latter is likely involved in a fraudulent scheme. Read more

$75 mln forex Ponzi scam revealed in the US

May 03 2019 16:46:08

The Commodity Futures Trading Commission (CFTC) in the US has filed charges against Florida based Oasis International Group, Oasis Management and Satellite Holdings along with their owners for running a 75 million USD Ponzi scheme, concealed as forex investment program. Read more

Australians lost $86 mln to investment scams in 2018

May 02 2019 17:04:18

Australians lost over 86 million USD to investment scams in 2018 alone – the biggest portion of the almost 490 million USD  in losses from over 378 000 scam reports, the latest report of the Australian Competition and Consumer Commission’s (ACCC) reveals. Read more

FXTM now offers a deposit bonus of up to $5 000

Apr 25 2019 11:10:24

  Global award-winning brokerage FXTM has launched their biggest deposit bonus promotion ever. The broker is now offering an extra 30% back from every amount their traders deposit over a period of 30 days, up to a total of $5,000. Read more

FXTM appoints Han Tan as a Market Analyst for Southeast Asia region

Apr 19 2019 13:28:36

  Global award-winning forex broker FXTM has just announced the appointment of Tan Chung Han (Han Tan) as a Market Analyst. Read more

FXTM gets a license from Mauritius’ FSC

Mar 28 2019 09:59:36

  Award-winning forex brokerage  FXTM (ForexTime) continues its ongoing global expansion. The broker announced it has acquired a license from the Financial Services Commission (FSC) of the Republic of Mauritius previous week. Read more

Fortrade is the first broker to get an ASIC license in nearly 2 years

Mar 20 2019 15:03:35

  Fortrade acquired a financial services license from the Australian Securities and Investments Commission (ASIC), which hasn’t been very welcoming of new retail forex broker applicants lately. Read more

FP Markets launches a suite of cutting-edge MT4 tools for traders

Mar 06 2019 14:31:42

  FP Markets, a market-leading Forex and CFD provider, launches MT4 Trader Toolbox, a suite of twelve online trading tools which will take their clients’ trading to the next level. Read more

Major broker IG launched its US website

Jan 31 2019 13:15:37

  Global brokerage IG launched its website intended for US retail clients (www.ig.com/us). Residents of the US (with the exception of those in Arizona or Ohio) can now register on the broker’s website in less than 5 minutes and start trading. Read more

de | cn | ru