Finance Feeds logo

TradingView warns US customers of lack of integration with GAIN Capital for trading

Maria Nikolova

The coming transition of FXCM US retail FX clients to GAIN Capital’s Forex.com brings uncertainty for some services.

Financial visualization platform TradingView seems to be caught a bit off-guard by the latest developments around FXCM Inc (NASDAQ:FXCM), which will later this week see its US retail FX client accounts transferred to Forex.com, the retail FX division of Gain Capital Holdings Inc (NYSE:GCAP).

FinanceFeeds has already informed its readers of the key procedural steps of the transition, as well as of the switch from a particular FXCM service to another Forex.com service. And yet, uncertainties remain, as some companies have to establish connections with a new partner and see how an eventual collaboration will work.

TradingView has informed the users of its services, in particular traders based in the United States, of the coming transition of FXCM US clients to Forex.com. TradingView notes that currently it has a technical integration with FXCM for trading, but does not yet have one with Gain.

On the brighter side, TradingView adds that it is working on enabling such a technical connection as early as possible. The company promises to post updates in its blog regarding the availability.

Trading through FXCM went live on TradingView in August 2016. Effective August 15th, FXCM СFD data became available only to FXCM account holders. Back then, TradingView explained that the situation was due to a request by FXCM and that it could not change it.

Forex.com has specified on its website that FXCM US clients using the Trading Station platform will be transferred to its FOREXTrader platform, whereas MT4 users will be able to continue trading on MT4 with Forex.com but will have to install a new version of the terminal. NinjaTrader has also set up a dedicated FAQ page on its website, advising on the coming transition of US client accounts from FXCM to GAIN Capital’s Forex.com.

The latest announcements from FXCM Inc include a pending change to its name to the humble “Global Brokerage Inc” and some major reshuffle to the board of directors.

Subscribe

Read this next

Retail FX

Capital Index UK reports mitigated loss despite revenue drop

FCA-regulated brokerage firm Capital Index (UK) Limited has released its annual financial report for the year 2022.

Industry News

UF AWARDS Global 2023: Discover the Top B2B and B2C Brands

Unveiling the Winners of UF AWARDS Global 2023

Digital Assets

Mike Novogratz’s Galaxy Digital expands in Europe

Galaxy Digital, the New York-based cryptocurrency financial services company founded by Mike Novogratz, is expanding its presence in Europe by appointing Leon Marshall as its first European CEO.

Mike Novogratz
Metaverse Gaming NFT

Turingum Partners with MarketAcross to Drive Web3 Adoption in Global and Japanese Markets

Global blockchain PR leader MarketAcross joins forces with Japanese Web3 specialist Turingum to mutually expand its market reach, aiming to fortify Turingum’s worldwide footprint and MarketAcross’s presence in the lucrative Japanese blockchain landscape.

Digital Assets

Binance to delist all stablecoins in Europe next year

During a public hearing with the European Banking Authority (EBA), an executive from Binance said that the exchange could ultimately delist stablecoins from its European platforms by June 30, 2024.

Industry News

“Unconscionable conduct”: ASIC fines National Australia Bank $2.1m for overcharging customers

NAB faces a $2.1 million penalty for unconscionable conduct, as the Federal Court rules the bank knowingly overcharged customers, and took over two years to rectify the situation.

National Australia Bank
Industry News

SEC charges $15 million Ponzi scheme targeting Mexican-American community

Armando Gutierrez Rosas purportedly intended to invest these funds in U.S. real estate and mining operations in Mexico, assuring investors of monthly returns as high as 10 percent. Instead, Gutierrez operated a Ponzi scheme, diverting investor funds to cover his personal expenses, which notably included the acquisition of a $2.5 million mansion in Texas.

Digital Assets

Chainlink launches cross-chain interoperability protocol on Arbitrum One

Chainlink and Arbitrum join forces to bring the Chainlink Cross-Chain Interoperability Protocol (CCIP) to Arbitrum One, offering Web3 developers a powerful tool to build secure and interconnected applications across blockchains.

Executive Moves

STT appoints Brian Saldeen as Senior Risk & Margin Product Manager

Sterling Trading Tech welcomes Brian Saldeen to spearhead the development of their Risk & Margin offering, bolstering their cutting-edge solutions in the capital markets.

<
✖