By now, you may have heard that forex broker FXCM is shutting its USA operations and will no longer serve USA customers.
If you are using FXCM for Collective2 AutoTrading, and you are a US person, you will need to move your account to Gain Capital in order to continue AutoTrading forex at Collective2.
Gain Capital is a US-regulated forex broker, and is also C2 compatible.
What does it mean to “move your account?”
You may have read online that FXCM has “sold” their customer accounts to Gain Capital. While this sounds promising, unfortunately, it doesn’t automatically allow you to AutoTrade C2 strategies at Gain Capital. You will need to open a new, C2-compatible AutoTrading account at Gain Capital.
Here is a link that will take you to the correct account-opening form at Gain Capital:
https://collective2.com/need-forex-broker
The account you open through this form will be C2 compatible.
– Matthew
