Gain Capital Holdings Inc, the international online trading company, has launched a new Australia-based service under its FOREX.com brand.

With the new product, investors in the region will be able to trade in the world's key currencies, including the Australian dollar, the New Zealand dollar, the US dollar, the euro and the sterling. Gold, silver and oil contracts for difference will also be included. The service will be made available to clients in Australia, New Zealand and the wider Asia Pacific region, the company said in a release.

"Launching operations in Australia is part of a long term strategic goal to service our clients locally wherever possible," said Glenn Stevens, the firm's chief executive officer.

The retail forex market has seen massive growth in the region over the past years. In fact, recent research by Investment Trends shows that FX trading now accounts for up to 25 per cent of trade volume among the other providers in the Australian CFD market.

The launch expands Gain Capital's global footprint to six countries, the other five being the US, the UK, Hong Kong, Korea and Japan.