review Review

1 Star2 Stars3 Stars4 Stars5 Stars (13 votes, average: 3.85 out of 5)
User Rating:
1 Star2 Stars3 Stars4 Stars5 Stars (13 votes, average: 3.85 out of 5)
Updated on: March 21, 2016
Deposit Options:
Min. DepositMax. LeverageSpreads FromForex PairsPlatformsMobile TradingBroker Highlights
£250 200:1 0.01

40+ Currency Pairs


Downloadable platform

Web-based platform

Mobile app



  • Established Provider
  • Low Spreads

CFDs carry risk. 70% of traders lose with this provider. Broker Review belongs to GAIN Capital Holdings, Inc. who provides online trading facilities to a growing list of worldwide online clients. The company has been registered in the UK since 1999 and trades as GAIN Capital – UK Limited as business that performs financial mediation. The business has no corporate debt and almost half of its total $333m in assets is liquid and available for trading. operates in a total of six territories; each with their own set of regulations, making their operation one of the most stringently monitored of all forex brokers.

Trading Markets and Products

While are, as the name would suggest, primarily forex traders, they trade indices in global economies and commodities, although to lesser extents. offer users cash for difference (CFDs) facilities in the UK, Japan, Hong Kong and Australia, as well as the U.S. and Canada. With over 200 currency pairings, is one of the most comprehensive of all online forex trading intermediaries and they have access to more commodities than the standard metals that many forex trading platforms cater for.

Trading Platforms offer a selection of trading platforms that many people who have traded forex in the past will instantly recognise. MetaTrader 4 is one of the most recognisable platforms and one that is easy to get to grips with. FOREXTrader Pro is another name many people will be familiar with and most people prefer to use one of the two. also offers TRADE, which is great if you like the certainty of fixed spreads and it also offers some good analysis tools to spot market patterns. If you have no preferences or are new to forex trading, you should probably use TRADE as this is slightly less feature rich although it does everything required. The only downside with TRADE is they do not offer a mobile version. Advantages and Disadvantages


Users are able to use as much as 400:1 when leveraging to gain large positions and there is a range of trading platforms, which ensures users are guaranteed to find a favourite platform that suits their needs. The ability to trade at screen price through their TRADE platform is better for some who are conscious of constant re-quotes, but the option is there to switch platforms when markets are volatile. The lengthy time has been in operation gives people confidence and this is always a plus point when dealing with small or large sums of money.

What I like about

The ability to use their software to build a trading strategy and implement that strategy when conditions are right is an obvious plus point, but combine that with some top quality research on tap and is better for many new traders and some old hats who could do with hitting a winning streak. The live analysis performed by their research team finishes with a question and answer session, which gives you the chance to clarify any of the information you pick up. This takes away a lot of the guess work and it is as close to employing a personal fund manager as many of us are likely to get.
Another good thing is keep client assets separate from the company’s liquid cash assets, which are used for completing trades on behalf of customers. This means our deposits are protected from the dangers of a trader with a rush of adrenaline as our funds are banked in other institutions.

Things I didn’t Like

While using the Trade platform, I noticed my losses were approaching the amount I had in my balance and there I received no warning to tell me I may need to increase my deposit or offload some products that were dropping like a lead balloon. This may have been a temporary problem, but I like to be kept in the loop a little more. OF course, you can use stop losses to avoid these problems, but I think people may fall foul if they are not monitoring their investment properly.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk.


Check out iForexTrader’s full Broker Comparison Table:

Compare Brokers

Leave a Comment

Make sure you enter the required information where indicated. Comments are moderated and nofollow is in use. Please no link dropping, no keywords or domains as names, do not spam, and do not advertise!

FIND A BROKER easyMarkets
IQ Option City Index