Forex

Brokers News

FXCM enjoys a 14% retail trading volume increase MoM in August

FXCM, the biggest US forex broker, reports positive operating metrics for its retail business for August compared to previous month with a 25% increase of the average customer trading volume. Institutional trading volume, however, is 2% down compared to July but still 22% up YoY.

FXCM is steadily putting distance between its performance and the somehow weak metrics reported in June and July. On yearly basis August operating metrics clearly indicate that the reputable US forex broker is about to rebound from the first half of the year. For example, in June retail customer volume was down 36% YoY. In August it is down only with 2% compared to prior year. Tradable accounts have increased with 8% till August 2013.

Institutional trading wise FXCM has a very good year with trading volume up 22% YoY. The company is highly regarded by many smaller brokers and in July 2014 the institutional traded volume was $262 billion, 42% higher than in July 2013. That was a record for FXCM.

Retail trading is to be boosted further in the forthcoming future by the recently acquired IBFX’s 13 000 MT4 clients’ accounts. Moreover, this month markets’ volatility is so high so far that we have every right to expect some spectacular results from the forex industry in September.

FXCM’s August operating metric are given below:
 

August 2014 Retail Trading Metrics

- Retail customer trading volume (1) of $300 billion in August 2014, 14% higher than July 2014 and 2% lower than August 2013.

- Average retail customer trading volume per day of $14.3 billion in August 2014, 25% higher than July 2014 and 2% higher than August 2013.

- An average of 392,322 retail client trades per day in August 2014, 14% higher than July 2014 and 5% lower than August 2013.

- Tradable accounts of 199,377 as of August 31, 2014, a decrease of 2,417 accounts, or 1% from July 2014, and an increase of 14,254 accounts, or 8% from August 2013.

 

August 2014 Institutional Trading Metrics

- Institutional customer trading volume of $257 billion in August 2014, 2% lower than July 2014 and 22% higher than August 2013.

- Average institutional trading volume per day of $12.2 billion in August 2014, 7% higher than July 2014 and 28% higher than August 2013.

- An average of 35,387 institutional client trades per day in August 2014, 22% lower than July 2014 and 38% lower than August 2013.

 

 
TAGS: fxcm  operating metrics  august 2014 

More news about FXCM

Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
UK, Australia FCA, ASIC MT4, Web,
Mirror Trader,
Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, Web $100 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus FCA, CySec MT4, MT5 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5,
cTrader,
SuperTrader,
FxPro Markets
$100 Review Website
Cyprus CySEC MT4, MT5,
cTrader
$300 Review Website
Belize IFSC MT4, MT5 $100 Review Website
UK, Cyprus, Bulgaria FCA, CySec, FSC Web $150 Review Website
Seychelles FinaCom MT4 $10 Review Website
Belize IFSC MT4, Web $500 Review Website
Cyprus CySEC MT4, Web $25 Review Website
Belize IFSC MT4, MT5, Web $1 Review Website
Cyprus CySec MT4, Web, Gwasy $100 Review Website

More Forex Brokers News

Canada's BCSC warns cfdcapmkt.com is unlicensed

May 29 2017 14:13:00

The British Columbia Securities Commission (BCSC), the financial markets and services regulator of the eponymous Canadian province, has published a warning that the forex broker CFD Capital Markets is not licensed to provide financial services in British Columbia. Read more

FXTM becomes a sponsor of rookie IndyCar driver Ed Jones

May 26 2017 12:42:01

Unlike most forex and binary options brokers that ink sponsorship deals with football teams, FXTM is into more adrenaline-driven sports. The broker today announced yet another sponsorship agreement– with rookie IndyCar driver Ed Jones. Read more

FXChoice comes up with a new loyalty programme, Pips+

May 25 2017 07:13:15

As a part of its continuous effort to update its services and offer better trading conditions, forex broker FXChoice launches of Pips+, its new loyalty programme. Pips+ is designed to reward the most active traders by reducing their trading costs up to $1.5 per standard lot on EUR/USD. Read more

Forex

ThinkMarkets buys mobile app Trade Interceptor

May 23 2017 11:21:40

Leading global brokerage ThinkMarkets announced on Tuesday it has acquired Trade Interceptor, which currently is one the world’s fastest growing mobile trading apps. Read more

Spain’s CNMV warns against non-regulated TradeV, among other brokerages

May 22 2017 14:30:34

Spain’s financial watchdog, the Comision Nacional del Mercado de Valores (CNMV), has issued warnings against TradeV (tradev.com), and several other unregulated forex and binary options brokers. Namely, these are TorOption (toroption.com), OptionCM (option-cm.com), 53Option (53option. Read more

Forex.com to launch affiliate program

May 17 2017 07:51:31

Gain Capital, the largest forex broker on the US market, announced the launch of new affiliate program, called GAIN Affiliates. This is a performance based program offered to affiliate partners of multiple retail trading brands of Gain Capital - CityIndex & Finspreads first, and Forex. Read more

Global Brokerage announces poor financial metrics for Q1, will probably delist from the Nasdaq

May 16 2017 08:01:39

Global Brokerage, Inc. (formerly FXCM Inc.) released on Tuesday poor financial metrics for Q1 of 2017, which are hardly surprising after the company’s dramatic exit from the US market. Read more

Windsor Brokers adds CFDs on currencies and metals to product portfolio

May 15 2017 11:53:07

Windsor Brokers, a Cyprus-regulated forex and CFD broker, announced previous week that it launches CFDs on currency futures and metals to its MetaTrader 4 account. Read more

IG starts offering retail IPOs on investment platform

May 04 2017 13:40:53

IG, one of the largest forex, CFD and spread betting (UK only) brokers said it starts offering retail IPOs on its Investment Platform. Read more

IG changes margin requirements, tiering structure

May 03 2017 08:37:26

IG, one of the largest forex, CFD and spread betting (UK only) brokers, informed its clients that it is lowering the margin requirements on some of the tradable instruments in its portfolio – the Japan 225 index, spot gold and some forex pairs. Read more

Forex