With that done, we will take a closer look here at how to make the Collective2 Gain Capital accounts connect. In fact, we will walk you through it with our step-by-step guide.
Let’s get started.
Table of contents
How to connect Gain Capital with Collective2?
Here is a look at the step-by-step process on how to connect your Gain Capital and Collective2 accounts:
1. Open your Gain Capital account
The very first step as with any broker is to open your Gain Capital account. You can start with their risk-free demo account if you are a new trader and you can move over to a live account when you feel ready.
With the live account you will need to have at least a proof of ID, and proof of residence document ready, and make your first deposit to start trading. This can usually be completed quickly, or certainly within 24-48 hours.
2. Open your account with Collective2
With your broker account open, you can head over to Collective2 to open your account there. You can choose between an investor or strategy manager account but for the purpose of this tutorial, we will look at the investor account.
After you have followed the on-screen instructions to sign up, you will see many strategies available to choose from in the ‘Leaderboard’ area. You can choose the one that you feel is right for you, and enter the information requested as in the image below.
3. Choose your C2 AutoTrade Plan
With your strategy chosen and subscribed to, the next step will be to set up your AutoTrade plan. You can click the ‘Set Up AutoTrade’ which will appear on top of the screen to get started here and you will have 4 plans to select from. Namely, these are the Solo, Standard, Portfolio, and Portfolio Plus Plans. The plans are priced monthly and annually with a monthly rate from $49 to $299 depending on the plan. Just enter your card details to continue.
4. Connect your Gain Capital Account
You are now ready to connect your Gain Capital and C2 accounts. This can be done in 2 ways. First, you can click the “Continue to set the AutoTrade” tab that appears at the top of the screen, or you can do it from your sidebar by clicking on Invest / AutoTrade and then on “Control Panel”.
Within the control panel, you will see all the strategies you have subscribed to. From there you can click ‘Set up the AutoTrade’ on the strategy you want to select and move to the next point.
You will see and should click on the ‘All available brokers’ option and choose Gain Capital.
5. Set up your AutoTrade Settings
At this point, you are ready to configure your AutoTrade settings. This is very swift and convenient and you will have the option to select from Stop Loss, Trade Management, AutoTrade Scaling, and Join trade in progress features that are all available on AutoTrade.
With these parameters selected, just click ‘Turn on AutoTrade’ and you are all set.
6. Accept the Collective2 T&C
Finally, you will need to read and accept the C2 terms and conditions related to linking your accounts. You should type ‘I Agree’ for every page that appears and press ‘Accept and Continue’ to move on.
All that is left to do is download the appropriate form that you have completed, sign it, and upload it to the C2 support team for verification along with a copy of your ID. This should take no more than 24-48 hours to be completed.
Pros of connecting your Gain Capital Account to Collective2
Features of Gain Capital you can enjoy with C2:
GAIN Capital is part of the StoneX group of companies and it’s a parent company of FOREX.com and City Index. All are very well-respected
They offer a huge range of more than 12,000 assets to trade
The broker is extremely well-regulated by 7 different regulatory bodies, including the CFTC, NFA, and ASIC
The company is NFA regulated in the US
They offer a top-quality copy trading service
You can choose to be either a strategy manager or an investor (copier)
Monthly and annual subscription models from just $49 are available
Anthony is a financial journalist and business advisor with several years’ experience writing for some of the most well-known sites in the Forex world.
A trader turned industry writer, he is currently based in Shanghai with a finger on the pulse of Asia’s biggest markets.
He is a keen golfer with a very high handicap so when not helping you find the best broker for your needs, you may find him on the course or just as likely following any number of sports from the comfort of his sofa.
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