Basic Information
Year Founded
1983
2005
Headquarters Location
UK (US Parent) + Global Offices
Warsaw + 10 global offices
Publicly Traded (Entity or Parent)
YES
YES
Regulated?
YES
YES
Primary Regulator
FCA
FCA
Minimum Deposit
₹100
₹250
Fixed Spreads?
NO
NO
Trading Type
Market Maker
Market Maker (Pro: STP)
Commissions on Trades
NO
NO (Pro accts Yes)
CFD Loss Rate
72% loss rate on CFDs
79% loss rate on CFDs
Maximum Leverage
1:30
1:30
Currency Pairs Offered
84
48
General Average Rating - 3 scale
2,28
2,40
Background
Year Founded
1983
3,0
2005
3,0
Headquarters location + Offices
UK (US Parent) + Global Offices
3,0
Warsaw + 10 global offices
2,5
Publicly traded?
Owned by GAIN Capital (Yes)
3,0
Poland
2,5
Size Measure
800+ employees worlwide
2,5
Capital ~ USD₹1.5 million
2,0
Summary Score
2,88
2,50
Regulatory Compliance
Regulated or unregulated?
YES
3,0
YES
3,0
Primary regulator
FCA
3,0
FCA
3,0
Multiple compliance
ASIC, Singapore, Dubai,
3,0
CySEC, IFSC, KNF
3,0
Safety of Deposits
UK protect, no additional ins
2,5
Neg bal protect, Ins, Stop Loss Guar
2,5
Summary Score
2,88
2,88
Fees & Charges
Commissions, Fees & Charges
Average
2,0
Lower than average
2,5
General
High transparency, options fees?
2,0
High transparency
2,5
Spreads
Fixed and variable confusing
2,0
Very competitive
2,5
Summary Score
2,00
2,50
Investment Products
Stocks - Breadth
4 000
2,5
1,500 stocks
2,0
Forex - Breadth
Average
2,5
48 pairs
2,5
Other: Comm, Crypto, Spread, CFD?
Comm, Cryp, CFD, Spread Betting
3,0
CFD, Comm, Cryptos, No SB
2,5
Summary Score
2,67
2,33
Platform experience
MT4 or equivalant
MT4
3,0
MT4
3,0
Proprietary options
Web and AT Pro platforms
2,5
xStation 5 platform
2,5
Special Advanced?
Reuters feed, advanced tools
2,0
Intutitive, customizable
2,5
Summary Score
2,50
2,67
Special Features
Feature A
Still operates dealing desk
1,0
MT4 covers most options
2,5
Feature B
No volume discounts
1,5
Excellent analytical tools
3,0
Feature C
No social trading
1,0
No social trading
1,0
Summary Score
1,17
2,17
Research Tools/Guidance
Financial Commentary
Above average research portal
2,5
Average
2,0
Technical Anlaysis
In-house analyst updates
2,5
Superior analystical tools
2,0
Other Guidance
Trading ideas, stratagies
2,0
Feeds include analysis F&TA
2,5
Summary Score
2,33
2,33
Education Support
Basic Library
Basic to Broad coverage
2,0
Broad coverage
2,5
Webinars/Support
Webinars, videos, articles
2,0
Begin, Inter, and Advanced covered
2,5
General
72% loss rate on CFDs
1,5
79% loss rate on CFDs
1,5
Summary Score
1,83
2,17
Customer Support
Live Chat, Web, Tele, Offices
YES
3,0
YES
3,0
Responsiveness
Better than Average
2,5
Better than Average
2,5
FAQs? Quality?
More than adequate
2,5
Adequate in trading app
1,5
Summary Score
2,67
2,33
General Pros & Cons
Pro #1
Competitive pricing
2,0
Highly rated broker in 2018
3,0
Pro #2
Large product offering
2,5
1500 global markets
2,0
Pro #3
Excellent training/support
2,5
Low fees
2,5
Con #1
Focus on begin and mid-level
2,0
Custo Serv good - chat so-so
2,0
Con #2
Advanced API integration weak
1,0
No volume discounts
2,0
Con #3
No social trading
1,0
xStation 5 limits, defer to MT4
1,5
Summary Score
1,83
2,17
General Average Rating - 3 scale
General Average Rating - 3 scale
2,28
2,40
Broker links