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Forex brokerage Gain Capital [NYSE:GCAP] said on Tuesday it has partnered with TradingView, an online charting tool and a trading platform in onе, and its retail brand Forex.com offers its charting solutions to US customers. Within the upcoming weeks the broker will also launch full trading support for the platform’s trading terminal.
TradingView charts are available to all US customers of Forex.com directly from the broker’s ForexTrader PRO platform. The new charts are part of a suite of technical and market analysis tools available, which also include AutoChartist and Trading Central.
Last week, we informed you that TradingView was in the process of negotiating the addition of Gain Capital to its offering. After Forex Capital Markets (FXCM) was forced out of the US, its local clients were transferred to its peer. TradingView offers support for FXCM, but not for Gain Capital.
“In the coming weeks, we’ll be integrating full trading capabilities, allowing customers to place trades through TradingView’s trading terminal, which will expand the current offering on FOREX.com,” said Samantha Roady, President of Retail at Gain Capital. “Additionally, FOREX.com customers will be able to access their FOREX.com account and trade directly from TradingView’s website,” added Ms. Roady.
TradingView’s charts, which are already available offers Forex.com’s real-time pricing for 50 currency markets and up to 20 years of historical data for all major forex markets. The charting package has a wide range of chart types including candlestick, Heikin Ashi, line and mountain. It also includes a library of over 60 customizable technical indicators, including MACD, Bollinger Bands, Ichimoku, as well as more than 50 advanced drawing tools, such as Pitchforks, Fibonacci, Gann Fans and Elliott Wave.
“TradingView provides one of the most powerful web-based charting platforms available today. In keeping with our commitment to provide the best trading tools to our customers, we are thrilled to be working with the TradingView team to offer their advanced charting to our FOREX.com customers,” according to Roady.
TradingView is a web-based platform that uses HTML5 charts. It provides free access to data about a wide range of trading instruments, among which forex, Bitcoin, stocks, futures, all major indices, and contracts for difference (CFDs). The platform features customizable charts, basic and advanced ones alike, as well as more than 50 drawing tools that can be used for understanding and analyzing the financial markets.
In addition to ForexTrader PRO, Forex.com also offers the MetaTrader 4 (MT4) trading platform. After it finalized the customer transfer from FXCM, the broker became the largest retail brokerage in the US. It said earlier in the day that it has migrated clients to a new third-party platform – NinjaTrader.
Gain Capital operates under the trading brands Forex.com and City Index for retail clients and GTX for institutional operations. It offers trading in forex, commodities, bonds, indices, and global equities, among others. The broker is regulated in the UK, the US, Australia, Singapore, Shanghai, Dubai, Hong Kong, and Japan.