Transfer to new FOREX.com UK service set for December 8, 2017
At the close of trading on Friday, December 8, 2017, clients of FOREX.com UK will have their accounts including their full balance, open positions, and active orders automatically transferred to the new FOREX.com service and the broker’s new suite of trading platforms.
Shortly after FOREX.com, the retail FX brand of Gain Capital Holdings Inc (NYSE:GCAP), announced a significant upgrade to its UK service, FOREX.com UK has informed its clients of migration to the new service.
The broker informs its clients that at the close of trading on Friday, December 8, 2017, their accounts including the full balance, open positions, and active orders will automatically be transferred to the new FOREX.com service and the company’s new suite of trading platforms.
Concerning any action required by traders, let’s note the changes in store for those clients of the broker who use MetaTrader 4 (MT4). To access the new service they will need to do one of two things:
- Update the ‘server name’ field on the login window on MT4 to mt4live112.loginandtrade.com when they log in after December 8th. After they do this once, it will appear as FOREX.comUK-Live 112 in the future.
- Uninstall their existing version of MT4 and reinstall a new version.
Regarding MT4 Mobile, after December 8th, traders have to search for FOREX.com on their MT4 mobile app and select FOREX.comUK-Live 112.
Overall, the suite of FOREX.com trading platforms has been upgraded to support the demanding needs of active traders looking for maximum performance, flexibility and speed. The Advanced desktop platform offers sophisticated trading features and professional analytics tools, whereas the Web Trading platform features an intuitive design and includes full trading capabilities plus easily accessible from all browsers – Mac and PC, with no plugins or downloads required. New iPhone and Android apps have been launched offering new features to support the clients’ trading needs. The novelties include hedging capabilities, guaranteed stop loss orders, and enhanced account alerts.
The range of trading opportunities has also been expanded with over 160 global markets that include 84 currencies, 65 shares, 17 indices and more. The company also seeks to offer better pricing, as the pricing on currencies is reduced, and there are fixed spreads on select markets.