Analysis: Retail FX/CFD Investors With Record Deposits

by Sylwester Majewski
  • Retail investors reduced withdrawing their funds in September.
  • A record value of NET deposits was registered.
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After a typical summer slowdown, September brought about a widely expected revival in the FX/CFD industry. Retail traders returned from their holidays, contributing to an increase in certain indicators. Finance Magnates Intelligence takes a closer look at the recent data from CPattern.

In our previous analysis, we expressed concern about lower activity and prolonged stabilization. This time, we observe that the average single deposit size gained momentum. In September, its value increased to $2,135 from the $1,855 seen in August. Concurrently, the average single withdrawal size decreased to $1,621 from $1,980. Is this a sign of heightened trading intentions among retail traders?

FX deposits and withdrawals in September

We also noted an uptick in the size of the average first-time deposit from a record low of $911 in the last report. While this indicator is still below the record, it has surpassed the $1,000 mark, suggesting that retail investors are willing to take more risks when opening new accounts.

Forex Monthly Deposits

A significant change occurred in the monthly data. While the total monthly size of deposits grew to $13,504 in September from $12,089, the total monthly withdrawal reached its lowest-ever reading. This time, its value was $3,695 compared to $9,288 in August. This low reading caused the NET deposit value to skyrocket to $9,809 from $2,801.

Net forex deposits

Swiss Retail Traders with the Highest Deposits

Which country topped the deposits rank? This time, it was Switzerland. The average total monthly deposits for clients from this country amounted to $21,864, one of the highest values seen in our rank in the last 12 months.

Speaking of Switzerland, recently, SIX, the Swiss National Bank (SNB), and six commercial banks have embarked on a pilot project focusing on tokenized central bank money for financial institutions, commonly referred to as wholesale central bank digital currency (wCBDC).

After a typical summer slowdown, September brought about a widely expected revival in the FX/CFD industry. Retail traders returned from their holidays, contributing to an increase in certain indicators. Finance Magnates Intelligence takes a closer look at the recent data from CPattern.

In our previous analysis, we expressed concern about lower activity and prolonged stabilization. This time, we observe that the average single deposit size gained momentum. In September, its value increased to $2,135 from the $1,855 seen in August. Concurrently, the average single withdrawal size decreased to $1,621 from $1,980. Is this a sign of heightened trading intentions among retail traders?

FX deposits and withdrawals in September

We also noted an uptick in the size of the average first-time deposit from a record low of $911 in the last report. While this indicator is still below the record, it has surpassed the $1,000 mark, suggesting that retail investors are willing to take more risks when opening new accounts.

Forex Monthly Deposits

A significant change occurred in the monthly data. While the total monthly size of deposits grew to $13,504 in September from $12,089, the total monthly withdrawal reached its lowest-ever reading. This time, its value was $3,695 compared to $9,288 in August. This low reading caused the NET deposit value to skyrocket to $9,809 from $2,801.

Net forex deposits

Swiss Retail Traders with the Highest Deposits

Which country topped the deposits rank? This time, it was Switzerland. The average total monthly deposits for clients from this country amounted to $21,864, one of the highest values seen in our rank in the last 12 months.

Speaking of Switzerland, recently, SIX, the Swiss National Bank (SNB), and six commercial banks have embarked on a pilot project focusing on tokenized central bank money for financial institutions, commonly referred to as wholesale central bank digital currency (wCBDC).

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