Are we observing the rebirth of the US market and are more brokers to come?
The last quarter of 2018 brought us interesting Forex metrics from the US retail market. The number of active accounts across the country grew to their highest level in history, and two outside companies applied for NFA regulation at the same time.
One of the oldest retail FX industries in the world is starting to look more and more interesting at the end of 2018. Such a good year must mean that for some reason, US retail investors decided to become more interested in this segment of the market. And keep in mind that the US market is not an easy one compared to the rest of the world.
Promising start followed by difficulties
The US retail FX market has always been almost inseparably linked with two companies - Forex Capital Markets (FXCM) and Gain Capital. Both started their business in 1999 and became prominent market players in only a matter of a few years. These were the golden years of retail Forex Trading. Companies were growing fast, and there was no real regulatory framework for this kind of investment.
The cornerstone of all evil was the Dodd-Frank Wall Street Reform Act, which was introduced in 2010 on the back of the 2008 world financial crisis. It aimed to improve financial stability and consumer protection. However, with increased security inevitably came higher requirements for financial institutions.
The official entry date of the UK tycoon onto the US scene happened on February 1. There is also another company that is approaching the US forex market right now.
The US retail forex industry went through some truly difficult times. For some reason, it survived these changes and kept evolving. If the market expands even in such a challenging environment, that means there is great potential for additional growth.
If on top of that, we’re willing to take a slightly crazy bet, then maybe one-day regulations will be loosened to the point that there will be a sound basis for long term business for those that are willing to invest substantial capital and wait.
To get the full article and the bigger-picture perspective on the US retail FX industry, get our latest Quarterly Industry Report.
The last quarter of 2018 brought us interesting Forex metrics from the US retail market. The number of active accounts across the country grew to their highest level in history, and two outside companies applied for NFA regulation at the same time.
One of the oldest retail FX industries in the world is starting to look more and more interesting at the end of 2018. Such a good year must mean that for some reason, US retail investors decided to become more interested in this segment of the market. And keep in mind that the US market is not an easy one compared to the rest of the world.
Promising start followed by difficulties
The US retail FX market has always been almost inseparably linked with two companies - Forex Capital Markets (FXCM) and Gain Capital. Both started their business in 1999 and became prominent market players in only a matter of a few years. These were the golden years of retail Forex Trading. Companies were growing fast, and there was no real regulatory framework for this kind of investment.
The cornerstone of all evil was the Dodd-Frank Wall Street Reform Act, which was introduced in 2010 on the back of the 2008 world financial crisis. It aimed to improve financial stability and consumer protection. However, with increased security inevitably came higher requirements for financial institutions.
The official entry date of the UK tycoon onto the US scene happened on February 1. There is also another company that is approaching the US forex market right now.
The US retail forex industry went through some truly difficult times. For some reason, it survived these changes and kept evolving. If the market expands even in such a challenging environment, that means there is great potential for additional growth.
If on top of that, we’re willing to take a slightly crazy bet, then maybe one-day regulations will be loosened to the point that there will be a sound basis for long term business for those that are willing to invest substantial capital and wait.
To get the full article and the bigger-picture perspective on the US retail FX industry, get our latest Quarterly Industry Report.
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.
Interactive Brokers Expands Offerings with Daily Options on French Stocks
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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