Retail Forex Market Volume Q4 2011 – Japan's decline puts pressure on global volumes

The last quarter of 2011 was as quiet as the second one — the most volatility during 2011 was experienced in

The last quarter of 2011 was as quiet as the second one — the most volatility during 2011 was experienced in Q1 (Japan’s Tsunami) and Q3 (Euro Zone’s instability). In Japan especially, volumes were relatively low as the Yen traded in a narrow band, becoming unattractive to day traders. FXCM further increased its position as the world’s largest forex broker, with its retail forex volumes reaching an average $341 billion a month.

FXCM’s institutional forex volumes kept growing at an impressive pace as well and reached an average of $118 billion a month. MF Global unfortunately was scrapped from this list due to its bankruptcy and legal proceedings. In Australia local brokers outpaced the global growth, with Pepperstone, for instance, growing substantially faster than others. For the first time, Admiral Markets, ACM Gold and eToro’s numbers are available. Due to new information that came in, GFT’s numbers were reduced. IBFX and Tradestation were merged into a single position just like City Index and FX Solutions.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Overall monthly volumes grew by a modest 4.5%, excluding Japan. Including the Japanese market, which didn’t rebound as forecasted in the previous report, volumes decreased by 1.0% to $4,777 billion a month.

Suggested articles

Going Past the Great Wall: Things to Consider When Entering the Asian MarketGo to article >>

The result: Retail Forex market volume is $217 billion daily and $4,777 billion monthly.

You can find the full date in the Q4 2011 Forex Magnates Quarterly Forex Industry Report.

table.tableizer-table {border: 1px solid #CCC; font-family: Arial, Helvetica, sans-serif; font-size: 12px;} .tableizer-table td {padding: 4px; margin: 3px; border: 1px solid #ccc;}
.tableizer-table th {background-color: #104E8B; color: #FFF; font-weight: bold;}

MonthlyDaily
FXCM34115.5
Saxo Bank25011.4
Alpari2029.2
IG Group1607.3
Oanda1607.3
Gain (forex.com)1346.1
GFT1205.5
FXPro1014.6
Forex Club954.3
FXDD904.1
City Index/FX Solutions  
Interactive Brokers  
FXOpen  
CMC  
Dukascopy  
MIG  
Ava FX  
iForex  
Interbank FX/Tradestation  
markets.com  
AC Markets/Swissquote  
London Capital Group  
HY Markets  
MB Trading  
XTB  
Easy Forex  
Citi FXPro  
Advanced Markets  
PFG Best  
GoMarkets  
Barclays FX  
Admiral Markets  
4xp (ForexPlace)  
Pepperstone  
thinkorswim  
ActivTrades  
ACM Gold  
Axis  
Deltastock  
xforex/Askobid  
bforex  
eToro  
City Credit Capital  
   
Russian Brokers*  
South Korean Brokers  
Japanese Brokers  
500 small brokers  
   
Total4777217
Got a news tip? Let Us Know