Forex Magnates Q3 2011 Retail Forex Volume Survey – FXCM world's largest forex broker

As every quarter Forex Magnates is conducting its retail forex market volume survey as part of the Quarterly Forex Industry

As every quarter Forex Magnates is conducting its retail forex market volume survey as part of the Quarterly Forex Industry Report. Below is an excerpt of survey which shows that outside Japan volumes have grown by 5.1% while including Japan they dropped 2.9%. Global retail forex volume is now $219 Billion daily and $4824 Billion monthly.

The drop in Japan is attributed to the second leverage reduction (from max 1:50 to max 1:25) enacted this summer. Thanks to drop in Japanese volumes and slowdown of Saxo Bank, FXCM has become world’s largest retail forex broker overthrowing Gaitame which until now used to be world’s largest. This position may be temporary as Japanese volumes are expected to rebound however we will only see this in fourth quarter of 2011. Alpari is the fastest growing broker in this market and has leaped to 4th place among Western brokers and 7th among global (including Japan).

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Full data is found in the Q3 2011 report.

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 MonthlyDaily
FXCM32114.6
Saxo Bank23210.5
GFT2009.1
Alpari1928.7
Gain (forex.com)1617.3
IG Group1607.3
Oanda1506.8
FXDD1004.5
FXPro984.5
Forex Club803.6
FXOpen  
Dukascopy  
Ava FX  
MIG  
Interactive Brokers  
CMC  
FX Solutions  
AC Markets/Swissquote  
Interbank FX  
City Index  
London Capital Group  
MB Trading  
Citi FXPro  
iForex  
Advanced Markets  
PFG Best  
HY Markets  
XTB  
MF Global  
Easy Forex  
Barclays FX  
markets.com  
4xp (ForexPlace)  
thinkorswim  
GoMarkets  
Axis  
xforex/Askobid  
bforex  
ActivTrades  
City Credit Capital  
Tradestation Forex  
Deltastock  
Pepperstone  
   
Russian Brokers*  
South Korean Brokers  
Japanese Brokers  
500 small brokers  
   
Total4824219


Click here to access your latest copy of the Forex Magnates Retail Forex Industry Report.

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