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General Information |
| Brokerage name: GAIN Capital
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| Minimum account size: $5000-$10000
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| Base commission rates: N/A
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Brief explanation of margin rates, if applicable:
2% margin
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| This brokerage has been in business for: < 2 years
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| Primary type of broker: Instant order execution-Futures
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Brief description of services offered:
GAIN Capital offers online Forex trading, 24-hours a day, with 50:1 leverage and no commissions or fees. GAIN is the only FX firm to offer real-time execution from live quotes. With GAIN's one second executions, there's no reading, no requotes, no slippage and no delays.
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Account Information
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Types of trading accounts offered:
| Full Service
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On-Line Full Service
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On-Line Discount Broker
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| Customers online account information is updated: Up to the minute
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Types of trades offerered:
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| Other trade types: all major currencies
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Types of quotes offered to customers:
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Execution methods offered:
| Online Broker(trade desk)
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Broker
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Exchanges covered:
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| Setup or initial costs to set up an account: 0
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Features
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Types of services offered to customers:
| Technical Analysis
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Fundamental Analysis
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Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
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Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
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| Head line news
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Unique proprietary stories and news coverage
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Portfolio management
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Ways customers can access their trading account:
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| Allow stop, limit, and stop limit orders? Yes
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| Charge extra for stop, limit, and stop limit orders: No
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| Offer 24 hour customer support: Yes
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| Offer tax planning advice: No
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Additional Comments
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Special features included in the service are:
N/A
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This broker's service is better than the competition in these areas:
Run by some of Wall Street's top names, GAIN is the only FX trading firm to offer real-time execution from live quotes, with complete dealing anonymity. This ensure you won't be requoted or have to endure the price shading so common at other firms. FDIC insured, segregated accounts ensure client funds are fully protected.
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Types of security precautions taken for customers:
GAIN's uses a secure, Java enabled dealing platform.
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Communications during systems failures has been assured through:
System back up and redundancy plans are in place, and phone trading is always available.
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The major plans for upgrading the current level of trading service are as follows:
Adding additional currency pairs, including crosses, as well as currency options
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