LONDON, Nov. 16, 2016 /PRNewswire/ -- GAIN Capital Holdings, Inc. (NYSE: GCAP) today announced the Beta launch of ForeignExchange.com, its new international money transfer service, in the UK market. ForeignExchange.com meets the growing need for cheaper, easier and trusted online services for international money transfers.
At ForeignExchange.com, customers can quickly and easily transfer money in 26 currency pairs to over 200 countries. ForeignExchange.com features highly competitive exchange rates and no transfer fees, for savings of up to 80 percent when compared to prices typically offered by banks. Transfers between European countries are usually received within one business day, and two business days for all other countries. Expedited transfers are also available, with all transfers above £5000 automatically expedited for no additional fee.
Emmanuelle Johaadien, COO at ForeignExchange.com, commented: "Our new international payment service allows customers to make significant savings on international money transfers. By leveraging GAIN Capital's deep experience in the global foreign exchange market and our cutting edge technology, ForeignExchange.com is able to offer highly competitive pricing along with a quick and easy to use service that will deliver real value to customers."
Individuals participating in the Beta test will receive a complimentary £10 e-voucher within seven days after their first transaction. Users can open an account by going to www.foreignexchange.com.
Individuals can open accounts and trade currencies now while corporate accounts are expected to be open for business in January 2017.
ForeignExchange.com meets the growing need for cheaper, easier and trusted online services for international money transfers. The service is designed for anyone to use and supports transfers in 26 currency pairs with delivery to over 200 countries.
ForeignExchange.com is operated by GAIN Capital Holdings, Inc. (NYSE: GCAP), a pioneer in online currency trading.
ForeignExchange.com is a trademark of GAIN Capital Payments Ltd. GAIN Capital Payments Ltd is a company registered in England No. 09688167. Registered Office: Park House, 16 Finsbury Circus, London, EC2M 7EB. Authorised & Regulated by the Financial Conduct Authority to carry out Payment Services under the Payment Services Regulations 2009; Firm No. 720701. Registered with HM Revenue & Excise as a Money Transmitter, MLR No 12849712.
About GAIN Capital
GAIN Capital (NYSE: GCAP) provides market access and trade execution services to a diverse client base of retail and institutional investors across a range of exchange-traded and OTC markets. Founded in 1999, the company today supports customers in over 180 countries via several globally recognized brands, including FOREX.com, City Index and GTX. GAIN Capital is headquartered in Bedminster, New Jersey, with a global presence across North America, Europe and the Asia Pacific regions. For further company information, visit www.gaincapital.com.