About Forex Associates, Inc. | NFA ID 0491372
Founded in 2005, Forex Associates’ mission was to develop an automated foreign currency trading software strategy that would manage trading risk and maximize trading profits. After many years of development, a patent was issued by the United States Patent and Trademark Office (USPTO) for automated foreign currency trading software in 2014. Today, this patented software is used by Forex Associates to trade foreign currency. The principals of the firm believe the use of its software forces discipline and provides the best opportunity to benefit in the foreign currency market.
- Forex Associates, Inc. is as registered Commodity Trading Advisor (CTA) with the Commodities Futures Trading Commission (CFTC): NFA ID 0491372.
- Forex Associates, Inc. is a member of the National Futures Association (NFA).
Commodities Trading Advisor (CTA):
A CTA is an individual or organization which, for compensation or profit, advises others as to the value of or the advisability of buying or selling futures contracts, options on futures, retail off-exchange forex contracts or swaps.
Providing advice includes exercising trading authority over a customer’s account as well as giving advice based upon knowledge of or tailored to customer’s particular commodity interest account, particular commodity interest trading activity, or other similar types of information.
GAIN Capital – NFA ID: 0339826
GAIN Capital is a US-based provider of online trading services, headquartered in Bedminster, New Jersey. The company provides market access and trade execution services in foreign exchange, contracts for difference (CFDs) and exchange-based products to retail investors. Trading is provided via one of two electronic trading platforms, its own proprietary FOREXTrader PRO, or MetaTrader 4. GAIN Capital allows retail and institutional clients to speculate on global foreign exchange markets in what is known as ‘margin forex trading’.
GAIN Capital operates retail foreign exchange and CFD trading brands, FOREX.com and City Index as well as GTX, a multi-dealer foreign exchange trading platform for institutions and futures group. It also owns advisory CFD business, Galvan, and futures provider, Daniels Trading.