FOREX.com Offers Online Trading Platform to Traders in Latin America

FOREX.com, part of StoneX Group, a leading financial services provider, announced that it has expanded its operations to Latin America.

“We have spread our wings and landed in Latin America, expanding our borders and offering our award-winning online trading platforms to traders in Latin America,”the broker posted on social media.

The website of FOREX.com Latin America is entirely in Spanish. It offers clients of the broker to trade over 80 currency pairs, to take a position on 15 global indices, access over 9,000 stocks, buy and sell US oil. In addition, traders are allowed to trade via the forex.com, mobile app and the MetaTrader 5 platform.

Fazzaco earlier reported that StoneX successfully migrated GAIN Capital UK into its StoneX Financial Ltd. entity. It followed the acquisition of the GAIN Capital by StoneX in July of 2020. GAIN Capital operated the Forex.com and City Index brands.

In August, StoneX Group has reported its financial results for the third quarter of FY 21 which ended on 30 June 2021. The results of the three months ended June 30, 2021 include a gain of $3.3 million​ related to the acquisition of Gain.