Forex.com Launches Trading Services in Latin America

by Arnab Shome
  • The services in the new markets are offered with a Cayman Islands license.
Forex.com Launches Trading Services in Latin America
Latam

Forex .com, the broker brand of StoneX Group, has expanded its geographical reach with the launch of forex and contracts for differences (CFDs) trading services in Latin American markets.

Officially announced last week, the broker is targeting the Spanish-speaking markets in the region and has launched services in Spanish.

“We have spread our wings and landed in Latin America, expanding our borders and offering our award-winning online trading platforms to traders in Latin America,” Forex.com wrote on social media posts.

The services of the Latin American platform remain similar to Forex.com’s offerings in other global markets. The broker is offering more than 80 currency pairs, 15 global indices and a broad list of over 9,000 stock CFDs listed on several global exchanges.

The trading services are facilitated on the broker’s proprietary Trading Platform , as well as with industry-standard MetaTrader 5, which was developed by MetaQuotes Software.

A Global Brand

Forex.com is one of the very few brokerages that offer regulated retail forex trading services in the United States and Canada. In addition, it operates in Europe, Japan and several other global markets.

GAIN, which operates Forex.com and City Index brands and has stakes in a few other trading businesses, was acquired by US-based StoneX Group. The acquisition deal, valued at $236 million, was completed last year in July.

Meanwhile, StoneX phased out GAIN Capital in the United Kingdom, migrating all brokerage operations under its British affiliate, StoneX Financial Limited. Furthermore, the new owner rebranded in Japan, changing its name from 'Gain Capital Japan Co., Ltd' to 'Stone X Financial Co., Ltd'.

Forex .com, the broker brand of StoneX Group, has expanded its geographical reach with the launch of forex and contracts for differences (CFDs) trading services in Latin American markets.

Officially announced last week, the broker is targeting the Spanish-speaking markets in the region and has launched services in Spanish.

“We have spread our wings and landed in Latin America, expanding our borders and offering our award-winning online trading platforms to traders in Latin America,” Forex.com wrote on social media posts.

The services of the Latin American platform remain similar to Forex.com’s offerings in other global markets. The broker is offering more than 80 currency pairs, 15 global indices and a broad list of over 9,000 stock CFDs listed on several global exchanges.

The trading services are facilitated on the broker’s proprietary Trading Platform , as well as with industry-standard MetaTrader 5, which was developed by MetaQuotes Software.

A Global Brand

Forex.com is one of the very few brokerages that offer regulated retail forex trading services in the United States and Canada. In addition, it operates in Europe, Japan and several other global markets.

GAIN, which operates Forex.com and City Index brands and has stakes in a few other trading businesses, was acquired by US-based StoneX Group. The acquisition deal, valued at $236 million, was completed last year in July.

Meanwhile, StoneX phased out GAIN Capital in the United Kingdom, migrating all brokerage operations under its British affiliate, StoneX Financial Limited. Furthermore, the new owner rebranded in Japan, changing its name from 'Gain Capital Japan Co., Ltd' to 'Stone X Financial Co., Ltd'.

About the Author: Arnab Shome
Arnab Shome
  • 6227 Articles
  • 79 Followers
About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6227 Articles
  • 79 Followers

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