Forex.com, the retail arm of Gain Capital, has launched a contracts-for-difference platform, Trade, offering access to hundreds of foreign exchange, commodity and index markets, all with fixed spreads and instant trade execution at the screen price.
Tools available on the platform include a drag-and-drop strategy builder to help investors develop trading strategies without the need for code, and Market DNA, which helps traders find new opportunities without any charting expertise.
“Trade represents a new approach for Forex.com in servicing traders who want improved access to the trading opportunities of a wide range of global markets. This launch is an exciting first step in a program to deliver a world-class FX and CFD trading experience that will include multiple new asset classes, unique ways to trade these markets, and innovative ways to engage with the wider trading community through social and community tools.” says Glenn Stevens, chief executive officer, Gain Capital.
Trade is available as a browser-based platform accessible from PCs, Macs, smartphones and tablets, and as iPhone and Android applications.
“Trade is all about bringing competitive, transparent pricing together with innovative tools and information that will help clients identify new trading opportunities. We believe that what retail traders want is certainty and transparency, so that’s exactly what Trade offers – permanently fixed spreads with no small print,” says Lex Webster, head of retail product development.
He adds that Trade offers multiple order types, leverage up to 400:1 and for those new to trading, minimum trade sizes from just 10p per point.