Gain Capital offers new pricing structure
Abu Dhabi, June 19, 2010
Gain Capital Holdings, a global provider of online trading services, has announced a new pricing structure for its Forex.com brand, reducing spreads by up to 50 percent on previous minimum spreads.
Forex.com’s global customers will now be able to trade on spreads as low as 0.9 pips on some of the most popular currency pairs, including EUR/USD, GBP/USD, and USD/JPY, said a statement.
“The company’s new pricing has been designed to offer maximum transparency to customers. In addition to publishing minimum spreads for each product, Forex.com will publish its ‘typical spread’ and has also implemented a ‘maximum spread’ for each product, intended to protect traders from excessively wide spreads in most volatile market conditions,” it said.
“We are always looking for ways to improve our customer service. Our long standing relationships with some of the world’s leading global banks, coupled with significant technology investments over the past several years, enable us to offer highly competitive pricing to our customers worldwide,” said Glenn Stevens, CEO, Gain Capital. “On top of lowering our customer’s transaction costs, we will continue to work hard to ensure we maintain the high execution standards our customers have come to expect.” –TradeArabia News Service