ThinkMarkets UK Finds More Revenue but Less Profit in 2022

Retail FX/CFD Analysis: August FTD Values Hit All-Time Low

by Sylwester Majewski
  • The lowest ever value of initial deposits.
  • Meanwhile, August withdrawals spiked higher.
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We are still digesting the summer period which did not bring the turnaround that some were hoping for. In the latest analysis of CPattern data by Finance Magnates Intelligence, no meaningful improvement in deposits of retail traders was registered.

Forex key metrics Q322

Foremost, August brought a serious decline in the value of first-time deposits. From $1,354 seen in July, it plummeted to $663, which was the lowest reading in the history of our analysis. The clear downtrend started in February 2022, when the average first-time deposit was as high as $2,319. At the same time, it can be seen that average single withdrawals spiked higher, reaching a value of $2,293, which is up from $1,902 last seen in July. The combination of these two readings creates an impression that at the end of the summer period new FX/CFD traders were not interested in investing at all while existing clients were pulling out their capital.

Net Monthly Deposits of Retail Traders Lower

Monthly forex deposits and withdrawals

Also, the average cumulative monthly withdrawals grew in August from a low of $5,993 to $9,812. Additionally, the average total deposits increased but at a slower rate from $10,004 to $12,712. Thus, the Net monthly deposit decreased from $4,011 to $2,900.

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.

We are still digesting the summer period which did not bring the turnaround that some were hoping for. In the latest analysis of CPattern data by Finance Magnates Intelligence, no meaningful improvement in deposits of retail traders was registered.

Forex key metrics Q322

Foremost, August brought a serious decline in the value of first-time deposits. From $1,354 seen in July, it plummeted to $663, which was the lowest reading in the history of our analysis. The clear downtrend started in February 2022, when the average first-time deposit was as high as $2,319. At the same time, it can be seen that average single withdrawals spiked higher, reaching a value of $2,293, which is up from $1,902 last seen in July. The combination of these two readings creates an impression that at the end of the summer period new FX/CFD traders were not interested in investing at all while existing clients were pulling out their capital.

Net Monthly Deposits of Retail Traders Lower

Monthly forex deposits and withdrawals

Also, the average cumulative monthly withdrawals grew in August from a low of $5,993 to $9,812. Additionally, the average total deposits increased but at a slower rate from $10,004 to $12,712. Thus, the Net monthly deposit decreased from $4,011 to $2,900.

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.

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