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  • Gain Capital (Forex.com) buys FX Solutions' US clients – but what are they really getting?

    From leaprate.com

    Read Full Story at leaprate.com

    City Index, owner of FX Solutions, is the latest major FX firm to abandon the U.S. It should come as no surprise to those who follow our blog, or the FX industry generally, that yet another international FX firm has decided that their capital is better deployed somewhere other than the U.S. After recently seeing firms such as FX Club, Deutsche Bank's dbFX, and GFT leave the U.S. market, now we see City Index's FX Solutions division leave the U.S., selling its U.S. client base to Gain Capital (Forex.com). Gain Capital was also the acquirer of dbFX and GFT's U.S. clients. But what exactly is Gain ... (full story)

    • andan

      116 posts
    • I don't care... Emank Gue Pikirin ?

    • rdesisto

      18 posts
    • Looks like Forex in the United States is being regulated out of existence.

    • Spreadbetter

        1,443 posts
    • Yep, but when you realise 9.5 out of 10 punters lose money perhaps putting the industry down is the right action. Despite all the TA sophistication, analysis, and the millions of techniques race horse gamblers have better results by using form or picking names they like. There's a big clue as to why they do and most will never get it

      Quoting rdesisto
      Looks like Forex in the United States is being regulated out of existence.

    • enochben

        766 posts
    • and yet you can still buy all the lottery tickets you want, even though you have a better chance of getting hit by lighning than hitting the jackpot. riddle me that.

    • rdesisto

      18 posts
    • enochben,
      No riddle. The government makes a huge income from lottery tickets. The Forex market takes huge amounts of money from the other markets. To justify the over regulation, they claim to be "protecting" us. Then to make sure we're protected, they made it illegal to trade in other countries by passing the dodd-frank act.

      Yes, there are some good provisions in these actions, but their actions with regard to Forex have gone far beyond protection.

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