GAIN Capital's Launches Enhanced FOREXTrader PRO Platform

Gain Capital a leading FX and CFD brokerage firm has released an enhanced version of its award-winning platform the FOREXTrader PRO platform. Gain Capitals recent acquisition of CMS Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term's retail arm meant they embraced the VT trader platform, giving them a wide selection of trading platforms to suit different trading habits.

The professional trader market is growing at rapid pace as more and more novice traders are equipping themselves with the rights tools and resources to trade in a more sophisticated manner.

Retail FX brokers have introduced ECN style platforms for this segment however they have been faced with stiff competition from ECN providers themselves. Currenex launched its retail friendly Viking platform and Integral launched the FX Power trader for this segment.

FOREXTrader PRO is a downloadable, Windows-based application that delivers advanced customization features and a robust set of trading tools for active traders. Highlights of the new features available in FOREXTrader PRO include:

Enhanced charting tools, with an updated interface, additional technical indicators and drawing tools, and expanded trading functionality that allows customers to trade directly from the chart, view & cancel pending orders, and even modify pending orders on the chart simply by dragging the order to a new price level;

A new "Strategy Center" for automated buy and sell signals. Traders can develop their own custom trading strategies, use the drag and drop functionality of the Strategy Wizard to easily program strategies without writing any code, or choose and customize one of 15 pre-defined strategies, with the opportunity to back test with historical data;

More research and ideas, including integrated, third-party research and pattern recognition tools from Autochartist and Trading Central;

A streamlined order ticket designed to simplify and accelerate order entry;

An improved user interface, with an intuitive, icon-driven menu system delivering single click access to all trading & account management functions, research and decision support tools.

A web-based version of the platform, FOREXTrader PRO.web, has also been released. FOREXTrader PRO.web offers a rich, web-based trading experience via a PC or Mac and is compatible with all popular browsers, including IE, Firefox, Safari, Google Chrome, and Opera.

"With the new web-based version of FOREXTrader PRO, we've combined the power of our desktop application with the accessibility of a web browser to give our active trader customers more choice in how they access their accounts," added Mr. Stevens. "Mac compatibility is another important feature for our customers and we are pleased to offer an active trader solution for Mac users."

FOREXTrader PRO and FOREXTrader PRO.web are now available globally to FOREX.com customers and prospects.

The borders that differentiate retail and institutional traders are declining. Forexmagnates' team had an in-depth look at the decisive factors in their next quarterly report - available soon.

Grab your latest copy of the Forex Magnates Retail Forex Industry Report.