Broker Guide To Forex.com: Introduction
Forex.com is an online foreign exchange brokerage that is owned and operated by GAIN Capital Holdings Inc. - a publicly traded company in the United States. With over 350,000 customers in more than 140 different countries trading more than $1.5 billion in dollar volume each year through its platform, the company is one of the largest retail forex brokers in the world.
The company provides liquidity in 77 OTC markets, including 58 currency pairs, 10 equity indexes and 9 commodities, as of December 2011. For those trading internationally, the firm has branches in New York City; Bedminster, New Jersey; London; Tokyo; Sydney; Beijing; Hong Kong; Seoul and Singapore, offering perhaps the greatest reach of any retail forex brokerage.
Since it's a registered Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer (RFED) with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA) and domiciled in the U.S., forex traders can benefit from greater transparency than many other brokers situated outside of the U.S.
Before opening a Forex.com account, traders should be familiar with the minimum requirements, commission structure, available platforms and other relevant information, as well as setup a free demo account in order to gain familiarity with the platform.
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