Forex.com appears on the European market

On Monday online currency trading platform forex.com, the online FX trading arm of GAIN Capital Holdings Inc, has announced the launch in Europe. The launch in Europe comes five years after it was implemented in the USA. And later this year company is planning to extend further in Asia.  

The platform is to provide retail investors across the European continent with the other way of trading in the $3.2 trillion a day market. The service will let individual investors trade in 37 currency pairs as well as gold and silver, around the clock for five days a week.  

Aite Group, an independent financial services company, measured FOREX.com average daily volume could reach $110 billion this year. As for today, global retail FX trading has average monthly volume of almost $200 billion.