Analysis: Retail FX/CFD Traders in April Showing Mixed Activity

Monday, 11/07/2022 | 17:31 GMT by Sylwester Majewski
  • Bigger single deposits
  • Lower monthly deposits
Analysis: Retail FX/CFD Traders in April Showing Mixed Activity

The first month of the second quarter brought changes to our main indicators. Some of the results were surprising and contradicting. Finance Magnates Intelligence examined CPattern data for April to see what are the current trends in the FX/CFD industry.

Forex metrics

Firstly, all three indicators measuring average deposits, first-time deposits and withdrawals, increased. The changes were not spectacular but could indicate changes in longer trends. The average deposit sent to an account increased from $1,989.34 to $2,119.80, while the average first-time deposit grew from $1,581.72 to $1,943.64.

Forex deposits

These indicators could suggest that we have seen an improvement in April. However, a closer look at the data shows that combined monthly deposits and withdrawals were lower. The average total deposit in April was $11,360 compared to $13,524 seen in March. At the same time, total monthly withdrawals decreased from $8,438 to $5,221.

Less Active FX/CFD Industry

forex activity

It looks like retail traders lowered their activity in April, sending bigger single deposits but less frequently. This was also true for the trading activity. The typical trader was conducting 239.5 transactions per month, compared to 260.2 in March.


Finance Magnates Intelligence will be monitoring industry activity in the upcoming months. Stay tuned for more industry related research, or reach us directly for additional research requests.

The first month of the second quarter brought changes to our main indicators. Some of the results were surprising and contradicting. Finance Magnates Intelligence examined CPattern data for April to see what are the current trends in the FX/CFD industry.

Forex metrics

Firstly, all three indicators measuring average deposits, first-time deposits and withdrawals, increased. The changes were not spectacular but could indicate changes in longer trends. The average deposit sent to an account increased from $1,989.34 to $2,119.80, while the average first-time deposit grew from $1,581.72 to $1,943.64.

Forex deposits

These indicators could suggest that we have seen an improvement in April. However, a closer look at the data shows that combined monthly deposits and withdrawals were lower. The average total deposit in April was $11,360 compared to $13,524 seen in March. At the same time, total monthly withdrawals decreased from $8,438 to $5,221.

Less Active FX/CFD Industry

forex activity

It looks like retail traders lowered their activity in April, sending bigger single deposits but less frequently. This was also true for the trading activity. The typical trader was conducting 239.5 transactions per month, compared to 260.2 in March.


Finance Magnates Intelligence will be monitoring industry activity in the upcoming months. Stay tuned for more industry related research, or reach us directly for additional research requests.

About the Author: Sylwester Majewski
Sylwester Majewski
  • 124 Articles
  • 14 Followers
About the Author: Sylwester Majewski
A graduate of the Warsaw School of Economics, Sylwester received an MA specializing in finance and banking. As Finance Magnates' research associate and STA certified analyst, he leaves no stone unturned. Sylwester is the previous minority partner of an NFA registered US forex broker, and since 2003, has participated in many forex projects.
  • 124 Articles
  • 14 Followers

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