Clients of Interactive Brokers top the list of the most profitable retail traders in the US.
Bloomberg
US retail Forex traders were less profitable in the first quarter of 2016 than at the end of 2015. During Q1, 35 per cent of traders were successful on a weighted average basis compared to 37.4 per cent in Q4 2015. Non-weighted calculations showed average client profitability of 32.5 per cent which was a 2.5 per cent decrease from the 35 per cent figure in previous calculation period.
While profitability levels fell, traders flocked back into the market and opened new trading accounts. The number of active US retail forex trader accounts stood at 94,016 in Q1 2016. The figure is a rebound from multiyear lows registered in Q4 2015, when MB Trading exited the U.S. market and was acquired by TradeKing in August last year. Compared to Q4 2015 the total number of accounts increased by 5.1 per cent (or 4,538). The numbers are matching the metrics from Q3 2015 when the total of US retail clients accounts with the brokerage was 94,031.
In terms of performance by the brokerage, clients of Interactive Brokers continued to be the most savvy, once again leading traders at other brokers in terms of profitability. However, compared to the last quarter of 2015 profitability dropped approximately 1 per cent to 44 per cent, while the number of accounts fell to 32,371 (-1.8 per cent lower).
Clients of all other brokerages noted a period of lower profitability with the figures at GAIN Capital dropping the most. As is typical for retail traders, periods of higher Volatility result in diminished profitability. Clients of FXCM, IBFX/TradeStation and OANDA have also registered a quarterly decline in their results, albeit to a lesser extent.
Looking at account numbers only Interactive Brokers and IBFX/TradeStation reported decreases with the totals dropping by 585 and 125 accounts respectively. The rest of US brokers registered an increase in active trading accounts with OANDA, FXCM and GAIN Capital adding 2,602, 1,620 and 1,026 accounts.
Overall, the first quarter of 2016 was dominated by increased market volatility. The Chinese markets meltdown coupled with the volatility in commodities markets has resulted in a number of unexpected moves. The Bank of Japan, the U.S. Federal Reserve and the European Central Bank have also provided some unexpected rhetoric and monetary policy decisions.
Earlier profitability reports have shown that retail traders have been more successful during low volatility periods. In slower markets, resistance and support levels are usually stronger and the price move more technical. Higher volatility disturbs that golden rule and leads to deepening losses and decreasing profitability.
US retail Forex traders were less profitable in the first quarter of 2016 than at the end of 2015. During Q1, 35 per cent of traders were successful on a weighted average basis compared to 37.4 per cent in Q4 2015. Non-weighted calculations showed average client profitability of 32.5 per cent which was a 2.5 per cent decrease from the 35 per cent figure in previous calculation period.
While profitability levels fell, traders flocked back into the market and opened new trading accounts. The number of active US retail forex trader accounts stood at 94,016 in Q1 2016. The figure is a rebound from multiyear lows registered in Q4 2015, when MB Trading exited the U.S. market and was acquired by TradeKing in August last year. Compared to Q4 2015 the total number of accounts increased by 5.1 per cent (or 4,538). The numbers are matching the metrics from Q3 2015 when the total of US retail clients accounts with the brokerage was 94,031.
In terms of performance by the brokerage, clients of Interactive Brokers continued to be the most savvy, once again leading traders at other brokers in terms of profitability. However, compared to the last quarter of 2015 profitability dropped approximately 1 per cent to 44 per cent, while the number of accounts fell to 32,371 (-1.8 per cent lower).
Clients of all other brokerages noted a period of lower profitability with the figures at GAIN Capital dropping the most. As is typical for retail traders, periods of higher Volatility result in diminished profitability. Clients of FXCM, IBFX/TradeStation and OANDA have also registered a quarterly decline in their results, albeit to a lesser extent.
Looking at account numbers only Interactive Brokers and IBFX/TradeStation reported decreases with the totals dropping by 585 and 125 accounts respectively. The rest of US brokers registered an increase in active trading accounts with OANDA, FXCM and GAIN Capital adding 2,602, 1,620 and 1,026 accounts.
Overall, the first quarter of 2016 was dominated by increased market volatility. The Chinese markets meltdown coupled with the volatility in commodities markets has resulted in a number of unexpected moves. The Bank of Japan, the U.S. Federal Reserve and the European Central Bank have also provided some unexpected rhetoric and monetary policy decisions.
Earlier profitability reports have shown that retail traders have been more successful during low volatility periods. In slower markets, resistance and support levels are usually stronger and the price move more technical. Higher volatility disturbs that golden rule and leads to deepening losses and decreasing profitability.
OnePrime’s Jerry Khargi on Infrastructure, Liquidity & Trust | Executive Interview
OnePrime’s Jerry Khargi on Infrastructure, Liquidity & Trust | Executive Interview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
Liquidity as a Business: How Brokers Can Earn More
Liquidity as a Business: How Brokers Can Earn More
This webinar will focuses on how brokers can create new revenue streams by launching or enhancing their liquidity business.
John Murillo, Chief Dealing Officer of the B2BROKER group, covers how:
- Retail brokers can launch their own B2B arm to distribute liquidity and boost profitability.
- Institutional brokers can upgrade their liquidity offering and strengthen their market position.
- New entrants can start from scratch and become liquidity providers through a ready-made turnkey solution.
Hosted by B2BROKER, a global fintech provider of liquidity and technology solutions, the session will reveal how to monetize liquidity, accelerate business growth, and increase profitability using the Liquidity Provider Turnkey solution.
📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates.
Connect with us today:
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👍 Facebook: / https://www.facebook.com/financemagnates/
📸 Instagram: / https://www.instagram.com/financemagnates_official/?hl=en
🐦 X: https://x.com/financemagnates?
🎥 TikTok: https://www.tiktok.com/tag/financemag...
▶️ YouTube: / @financemagnates_official
This webinar will focuses on how brokers can create new revenue streams by launching or enhancing their liquidity business.
John Murillo, Chief Dealing Officer of the B2BROKER group, covers how:
- Retail brokers can launch their own B2B arm to distribute liquidity and boost profitability.
- Institutional brokers can upgrade their liquidity offering and strengthen their market position.
- New entrants can start from scratch and become liquidity providers through a ready-made turnkey solution.
Hosted by B2BROKER, a global fintech provider of liquidity and technology solutions, the session will reveal how to monetize liquidity, accelerate business growth, and increase profitability using the Liquidity Provider Turnkey solution.
📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: / https://www.linkedin.com/company/financemagnates/
👍 Facebook: / https://www.facebook.com/financemagnates/
📸 Instagram: / https://www.instagram.com/financemagnates_official/?hl=en
🐦 X: https://x.com/financemagnates?
🎥 TikTok: https://www.tiktok.com/tag/financemag...
▶️ YouTube: / @financemagnates_official
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
