The company registered a monthly decline in trading volumes, excluding the US operations of the firm.
The holding company that includes the EU branches of FXCM UK and FXCM Australia has released its monthly metrics for February 2017. The company registered a monthly decline in trading volumes, excluding the US operations of the firm.
For February FXCM Group reports a decline in Retail Trading volumes totaling 21 percent when compared to the previous month. The nominal figure for last month amounted to $201 billion. The number is also lower by 33 percent when compared to February 2016.
[gptAdvertisement]
The trading volumes of the Forex and CFDs trading provider are in line with a broader industry trend in February. A variety of factors have contributed to a pause in recent trends of US dollar strengthening, with the majority of FX markets entering into a consolidation phase.
The Average Daily trading Volumes (ADV) were marked at $10.1 billion in February 2017. The figure is lower by 16 percent when compared to January 2017 and lower by 29 percent than February 2016.
Average Trades Decline Due to Range Trading
The number of trades that were executed on a monthly basis also dropped. An average of 408,446 client trades per day were registered last month. The number is lower by 16 percent when compared to January 2017 and by 29 percent when compared to February 2016.
Active retail accounts totaled 130,432 as of the end of February. The figure is lower by 1,576, or 1 percent, from the end of January 2017, and lower by 2,827, or 2%, when compared to the end of February 2016. FXCM Group considers a trading account to be active if the client has placed at least one trade in the past 12 months.
Tradable accounts totaled 109,133 as of the end of February, which is higher by almost 3,000 or 3 percent when compared to January, and lower by a touch over 2,000 when compared to the same month of 2016. Tradable accounts are considered to be all accounts that have sufficient funds to place a trade.
The holding company that includes the EU branches of FXCM UK and FXCM Australia has released its monthly metrics for February 2017. The company registered a monthly decline in trading volumes, excluding the US operations of the firm.
For February FXCM Group reports a decline in Retail Trading volumes totaling 21 percent when compared to the previous month. The nominal figure for last month amounted to $201 billion. The number is also lower by 33 percent when compared to February 2016.
[gptAdvertisement]
The trading volumes of the Forex and CFDs trading provider are in line with a broader industry trend in February. A variety of factors have contributed to a pause in recent trends of US dollar strengthening, with the majority of FX markets entering into a consolidation phase.
The Average Daily trading Volumes (ADV) were marked at $10.1 billion in February 2017. The figure is lower by 16 percent when compared to January 2017 and lower by 29 percent than February 2016.
Average Trades Decline Due to Range Trading
The number of trades that were executed on a monthly basis also dropped. An average of 408,446 client trades per day were registered last month. The number is lower by 16 percent when compared to January 2017 and by 29 percent when compared to February 2016.
Active retail accounts totaled 130,432 as of the end of February. The figure is lower by 1,576, or 1 percent, from the end of January 2017, and lower by 2,827, or 2%, when compared to the end of February 2016. FXCM Group considers a trading account to be active if the client has placed at least one trade in the past 12 months.
Tradable accounts totaled 109,133 as of the end of February, which is higher by almost 3,000 or 3 percent when compared to January, and lower by a touch over 2,000 when compared to the same month of 2016. Tradable accounts are considered to be all accounts that have sufficient funds to place a trade.
Nomura's Q4 Income Soars 123% on Strong Revenue Growth
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!
Secure your free ticket now π 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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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 π 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
π£ 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 Africaβs 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 π 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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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs 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 π 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
π£ 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
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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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