Forex Broker Broker Review

Justin Freeman

Broker Information

  • Company Name: Gain Capital UK
  • Founded: 1999
  • Country: UK

Platform Info

  • Platform: FOREXTrader & MT4 for PC, MAC, iPhone, iPad and Android, WebTrader
  • Web Based: Yes
  • Mobile Trading: Yes

Broker Services

  • Regulators: FCA, NFA, CFTC, IIRO, FSA, CIMA
  • Minimum Deposit: $100
  • Leverage: up to 1:400
  • US Clients: Yes
  • Funding Methods: Credit & Debit Card, bank transfer, e-Wallets
  • Pairs Offered: 80

Is a safe broker?

Our experts have assessed this broker and confirmed that is a safe broker.
👍 Pros
👎 Cons
Huge range of currency pairs Doesn't offer cryptocurrencies
Good educational content MT5 not available
Competetive spreads

Expert’s Viewpoint

As were able to secure such an appropriate website address, you can tell that has been in the online trading game for a long time.

With roots stretching all the way back to the early 2000s, is one of the most well-established players in the market. It falls under the corporate umbrella of Gain Capital UK, who is a registered UK financial services company who have been in operation since 1999.

Rating Overview

Gain Capital UK
Overall rating 4.8 ⭐⭐⭐⭐
Regulation 4 ⭐⭐⭐⭐
Fees 5 ⭐⭐⭐⭐⭐
Range of Markets 4 ⭐⭐⭐⭐
Platforms 4 ⭐⭐⭐⭐

According to the company website, pride themselves as being a “Global Market Leader” who offer competitive pricing with lightning-fast execution speeds, delivered in a transparent package that won’t tack on any additional fees or trading costs. But how well does it live up to this claim?

With a customer base spreading across over 140 countries worldwide, is also one of the most global brokerages around.

Useful added features include a trading alert service which, for an additional charge, provides the latest market updates in simple, jargon-free messages prepared by industry experts. Although not necessarily a necessity, this service is very useful and an easy way to keep up to date with the ebb and flow of the live markets.

In terms of security, trust, and safety, as a company founded on a promise of transparency, have clearly put a lot of resources into this side of the business. It adheres to all the industry regulatory requirements we would expect, as well as signing up to compensation schemes.

It is licensed to operate by a number of regulatory bodies, which includes the FCA in the UK, the Regulatory Organization of Canada, the Financial Services Authority of Japan, the Securities and Futures Commission of Hong Kong, the Australian Services and Investment Commission, and the Monetary Authority of the Cayman Islands. Details on their regulatory status with these bodies are readily available through the website.

When it comes to trading on the platform, the product selection on offer is pretty solid, although not market-leading by any stretch. In total, it gives clients access to well over 200 global markets, which includes over 80 major and minor currency pairs, a range of indices, and shares. Most recently, it has also expanded into cryptocurrencies, although their product offering is quite limited in this regard. Generally speaking, the spreads on offer are pretty competitive, although once again not necessarily market-leading for a broker of their size.

To execute trades with these instruments, there are a number of options available. This includes a proprietary trading platform developed in-house, a web-trader platform, mobile apps, and the classic MetaTrader 4 trading platform. Their proprietary trading platform is a real standout and offers a powerful, fully customisable trading environment.

Although not offering the best trading conditions around, has nevertheless put together a serious package that easily competes with numerous similarly sized brokers. In addition to their market-leading proprietary trading package, the platform is packed full of extra features which make for unique trading experience. For this reason alone, it is well worth checking out. prides itself on offering Bitcoin-based CFDs, which let traders speculate on the cryptocurrency, without the need to go through the often-tedious process of acquiring ownership. What else does the brokerage offer though and how does it shape up in regard to trading conditions and user trust?

Before we delve into the details of’s overall offer, we need to make it clear that this is a trusted and regulated operation. We wouldn’t even bother reviewing it otherwise.

The corporate backdrop of the brand is provided by GAIN Capital UK Ltd., a registered UK company, based at 16 Finsbury Circus, London, EC2M 7EB. The registration number of the company is 1761813. As a UK-based operator, the forex broker is registered with and licensed to offer financial services by the FCA. Its FCA registration number is 113942. Whether or not observes all the directives set forth by MiFID is unclear at this point. What we do know is that it does not accept clients from Belgium, which presumably means that traders from other EEA countries are indeed accepted.

The recently introduced Bitcoin trading seems to be one of the main current selling points of the operation. Given the high volatility of the underlying asset, the trading of the world’s most popular and biggest (by market cap) cryptocurrency is not for the faint of heart.’s offer allows traders to take positions without significant exposure, to trade both the rise and the fall of the price, and to essentially have a little fun with cryptos, without actually securing ownership in any shape or form.

The only problem with the Bitcoin deal is that it is not available on the MT4 platform. In all honestly though,’s other platforms are powerful and capable enough to essentially negate this theoretic drawback.

Why would you want to trade Bitcoin at though? First of all, the addition of this new asset and asset-class is an opportunity to broaden your trading portfolio. Due to its CFD-based nature, this sort of trading literally allows you to “do more with less”. The spread on BTC/USD starts from $100, but this is not etched in stone. This rate is subject to change, based on the evolving market conditions.

Why would you want to choose as your primary trading destination, if you’re not much of a Bitcoin enthusiast?

The offer of the site is solid across the board. Founded way back in 1999, the brokerage has the experience and the reputation to back up its claims of being a “Global Market Leader”. According to the official site of the operation, transparent and competitive pricing and quality execution are its most attractive assets.’s product selection covers some 200 markets and rebates are offered on monthly trading volumes.

Maintaining an active presence in no fewer than 140 countries worldwide, is indeed a truly global operation. The trading platform selection is great, and the trading conditions on the most important currency pairs and other underlying assets, are very attractive.

The brokerage features a trading alert service, which is a paid setup, but which gives new traders the opportunity to sample it for free, for 45 days.

As far as security and trust are concerned, has to adhere to a large number of regulatory requirements. It maintains liquidity well in excess of the minimum regulatory requirements and it keeps its traders’ funds in segregated accounts. User funds lost due to a predetermined number of issues are subject to compensation, through the Financial Services Compensation Scheme.

One Click Install EA Packages

  • Alarm Manager – Customize alarms for balance, margin, P/L, consecutive wins/losses, and more
  • Correlation Matrix – Assess hypothetical scenarios, highlight strong or weak correlation between all markets
  • Correlation Trader – Inspect historic correlation between symbols in more detail and watch for, and trade, emerging differences in that correlation
  • Market Manager – Current open position and profitability for each symbol, quickly switch between different groups of symbols, ability to place new market and pending orders
  • Mini Terminal – Simple fields for setting orders in pips, open position marker, templates, and risk calculators, and more
  • Sentiment Trader – Current long/short sentiment for a market, dashboard of current sentiment for multiple symbols. Sentiment data is from
  • Session Map – Shows current active session with the user’s local time as a reference point. It also includes an integrated economic calendar and key market changes.
  • Tick Chart Trader – Simple tick chart which updates every time the ask or bid price changes, tick chart plus tick speed: shows bars indicating how long the last N ticks have taken to form, indicating market activity, and more
  • Trade Terminal – Pop-up dealing form for creating pending orders as well as market orders, ability to create templates for quick order entry, displays key symbol information (pip size, value per pip etc) Website Regulation

We’ve already stated above that is registered with and authorized by the UK’s FCA. Given that it is a global operation we’re talking about, it is no surprise that the brokerage performs its activities through a number of affiliates. These affiliates are all regulated and licensed within their own jurisdictions too.

Thus, the operation is regulated by the Investment Industry Regulatory Organization of Canada, the Financial Services Authority of Japan, the Securities and Futures Commission of Hong Kong, the Australian Services and Investments Commission (ASIC – one of the strictest such regulatory agencies in the world), the Commodity Futures Trading Commission of the US and the Monetary Authority of the Cayman Islands.

As you can see from the above, from a regulatory perspective, have built a very solid case indeed. Product Selection

The product selection offered by may not stand out from what one would consider the industry standard in this regard, but it is still rather solid. It covers 200 global markets, including 84 currency pairs, from majors to minors and exotics, 17 indices covering every relevant nook and cranny of the global economy, and 65 shares. Shares trading is apparently not available through the MT4 platform. Trading Platforms

The Advanced trading platform is the centerpiece of’s platform offer. It is a very powerful and capable environment, which gives traders scores of drawing tools, advanced charting features, and more than 80 technical indicators. Users are able to code and use their own custom indicators. Scores of integrated trading strategies are available through the Advanced trader as well.

The Web Trader may be optimized for speed and compatibility with a large array of browsers, but it has not traded in versatility and power to facilitate the aforementioned advantages. It too offers advanced charting, with an impressive suite of drawing tools. Technical analysis-wise, it features more than 70 indicators. Full Account management is available through this platform, including deposits and withdrawals.
Features of Web Trader:

  • Smart trade ticket with advanced risk management option
  • Pre-defined and customisable layouts
  • Powerful charts with integrated one-click dealing

The Mobile traders, which are configured for Android and iOS compatibility, provide access to multiple order types, and they too come with integrated news and market analysis sections. Real time trade alerts and notifications are delivered through these platforms, but also through email and SMS.

MT4, the gold standard in Forex/CFD trading, is also supported, and it can be downloaded directly from the website, for free. Besides its usual set of features pertaining to analysis and charting,’s MT4 supports EAs, and free EA hosting is apparently part of the package, too. Platform Screenshot Trading Services

As briefly mentioned above, offers a number of potentially useful and certainly very interesting trading tools and services.

The trade signals deal is a paid service, but for newly registered users, it is available for free, for their first 45 days. The signals are generated by the operator’s team of in-house experts.

The FX Rebate deal is a 4-tier setup, which is only really useful for those generating trading volumes in excess of GBP 25 million per month. The rebate rates start from GBP 10 per million and go all the way up to GBP 40 per million.

In-house market strategists are available too, to help traders realize their maximum potential. This program is mostly about personalized guidance and support, covering various aspects of the trading activity.

Compare Gain Capital UK with other approved brokers

Broker Comparison Table
  Gain Capital UK Plus500 FXTM Ava Capital Markets Ltd
Customer Supportemail, phone, live chatemail, whatsapp, live chat email, phone, live chatemail, phone, live chat
Trading PlatformsMT4, WebTrader, Mobile Appsdesktop and mobile via brokers own platformMT4, MT5MT4, MT5, Mobile App
Minimum Deposit$100100GBP/AUD/EUR/USD$10$100
Leverageup to 1:4001:30Flexible400:1
Total Markets5,5002800+2521260
Total Currency Pairs8065 CFD Forex pairs6255
Total Cryptocurrencies019417 Conclusion

Everything accounted for, the conclusion that is a legitimate and solid Forex/CFD brokerage, is an obvious one. The platform offer is outstanding, the product selection is decent (and with the addition of BTC, it may actually have exceeded that designation), and the regulatory profile is quite flawless.

Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

Justin Freeman

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