FOREX.com Promote Their UK Website

Gain Capital are another foreign exchange broker who are now promoting their MetaTrader platform through an FSA regulated UK company. Gain have long used the FOREX.com brand in the United States. According to the press releases section of their website:

LONDON and NEW YORK, 4 May, 2009 – GAIN Capital Holdings Inc., pioneer of online foreign exchange (forex) trading, today launched FOREX.com, its market-leading online currency trading service, in the UK and Europe.

However a quick search of the FSA website reveals that the rather awkwardly named "Gain Capital – Forex.Com UK Limited" has in fact been FSA regulated since 2001.

If you visit the MetaTrader 4 section of the FOREX.com website you will now discover that:

FOREX.com is pleased to offer you access to the MetaTrader 4 trading platform through our UK entity.

Do you suppose that all this frantic marketing activity might in some way be connected with the new NFA ban on hedging, which comes into force later today?