who owns forex com

Who Owns Forex.com?

Introduction

Hey there, readers! Are you curious about the enigmatic ownership of Forex.com, the widely-acclaimed global leader in the foreign exchange (forex) trading industry? In this comprehensive guide, we’ll delve into the intricate details surrounding the company’s ownership structure, shedding light on the individuals and entities that hold the reins of this forex behemoth. Get ready for an enlightening journey into the world of finance and corporate governance!

Navigating the Ownership Landscape of Forex.com

1. The Genesis: The Founding Years

Forex.com traces its origins back to 1999, when it was founded by a group of visionary entrepreneurs with a deep understanding of the forex market. These individuals recognized the immense potential of online forex trading and set out to create a platform that would revolutionize the industry. With a focus on innovation and customer-centricity, Forex.com quickly gained traction, attracting traders from around the globe.

2. A Decade of Exponential Growth

Throughout the 2000s, Forex.com experienced a period of rapid growth and expansion. The company’s innovative platform, coupled with its commitment to providing exceptional trading conditions, resonated with traders of all levels. By the end of the decade, Forex.com had established itself as a formidable force in the forex industry, boasting a significant market share and a loyal customer base.

3. The Acquisition by GAIN Capital

A significant milestone in Forex.com’s history occurred in 2012 when it was acquired by GAIN Capital Holdings, Inc. (GAIN). GAIN Capital, a publicly traded company specializing in online trading services, recognized the strategic value of Forex.com and its established position in the forex market. This acquisition marked a new chapter for Forex.com, providing it with access to additional resources and expertise to further enhance its offerings.

4. Consolidation and Expansion Under GAIN’s Umbrella

Since becoming part of the GAIN Capital family, Forex.com has continued to grow and expand its presence in the global forex market. The company has invested heavily in its platform, introducing new features and functionalities to cater to the evolving needs of traders. Forex.com has also expanded its geographic reach, establishing a presence in key financial hubs around the world. Today, Forex.com is a wholly-owned subsidiary of GAIN Capital, benefiting from the stability and support of its parent company.

Company Structure and Key Figures

GAIN Capital Holdings, Inc.

• CEO: Mark Pflug
• Ticker Symbol: GCAP
• Headquarters: Bedminster, New Jersey, USA
• Ownership: Publicly traded on the New York Stock Exchange

Forex.com

• CEO: Joe Rundle
• Headquarters: London, United Kingdom
• Ownership: Wholly-owned subsidiary of GAIN Capital Holdings, Inc.

Global Reach and Regulatory Compliance

Forex.com has established a global presence, catering to traders in over 180 countries. The company is regulated by multiple reputable financial authorities, including the Financial Conduct Authority (FCA) in the United Kingdom, the National Futures Association (NFA) in the United States, and the Monetary Authority of Singapore (MAS). This adherence to regulatory standards ensures the safety and security of traders’ funds and adherence to industry best practices.

Recognizing Excellence: Accolades and Awards

Throughout its history, Forex.com has been recognized for its excellence in the forex industry. The company has received numerous awards and accolades, including:

• Best Forex Trading Platform (Finance Magnates): 2020, 2021, 2022
• Best Customer Service (Forex Awards): 2020, 2021
• Most Trusted Forex Broker (Global Forex Awards): 2022

These awards are a testament to Forex.com’s commitment to innovation, customer satisfaction, and industry leadership.

Exploring the Forex.com Trading Platform

At the heart of Forex.com’s offerings lies its proprietary trading platform, renowned for its user-friendly interface, advanced charting tools, and diverse range of tradable instruments. The platform is accessible via web, desktop, and mobile devices, providing traders with the flexibility to trade from anywhere, anytime. Key features include:

• Intuitive Interface: A user-centric design that simplifies navigation and order execution
• Advanced Charting Tools: Customizable charts with technical indicators and drawing tools for in-depth market analysis
• Wide Range of Instruments: Forex, CFDs, and other instruments to meet the needs of both beginner and experienced traders

Educational Resources and Customer Support

Forex.com places great emphasis on providing traders with the knowledge and support they need to succeed in the forex market. The company offers a comprehensive suite of educational resources, including webinars, articles, and video tutorials. Forex.com also provides 24/7 customer support via live chat, phone, and email, ensuring that traders have access to assistance whenever they need it.

Conclusion

Who owns Forex.com? The answer lies with GAIN Capital Holdings, Inc., the publicly traded parent company that has fostered Forex.com’s growth and success over the years. Forex.com stands as a testament to innovation, customer-centricity, and global reach in the ever-evolving world of forex trading.

Hey readers! If this article has piqued your interest in the world of forex trading, be sure to check out our other informative pieces on our website. From trading strategies to market analysis, we’ve got you covered. Thanks for reading!

FAQ about Who Owns Forex.com

1. Who is the current owner of Forex.com?

• Forex.com is currently owned by StoneX Group Inc. (NASDAQ: SNEX).

2. When did StoneX Group acquire Forex.com?

• StoneX Group acquired Forex.com in October 2021.

3. What was the name of Forex.com before it was acquired by StoneX Group?

• Before its acquisition by StoneX Group, Forex.com was known as Gain Capital.

4. What other companies does StoneX Group own?

• StoneX Group also owns Gain Capital, City Index, and Pepperstone.

5. Is Forex.com a publicly traded company?

• No, Forex.com is not a publicly traded company.

6. Who was the founder of Forex.com?

• Forex.com was founded by Patrick Regan and Mark Dodd in 1999.

7. Where is Forex.com headquartered?

• Forex.com is headquartered in New York City, United States.

8. What type of financial services does Forex.com offer?

• Forex.com offers retail foreign exchange trading, CFD trading, and other financial services.

9. What leverage is offered by Forex.com?

• Forex.com offers leverage of up to 500:1 for retail clients and up to 200:1 for professional clients.

10. Is Forex.com regulated?

• Forex.com is regulated by multiple financial regulators worldwide, including the FCA, SEC, and ASIC.