Saxo Bank Closes March with 35% Higher FX Trading Volume
- The overall trading demand on the platform jumped significantly.
- However, equities demand slowed down.

Saxo Bank has reported a total monthly trading volume of $460.4 billion for March, which is the highest since April 2020. With the latest numbers, the broker closed the first quarter of 2021 with a significant surge in demand for retail trading
Retail Trading
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail traders in every market ranging from commodities to stocks. The forex market is by far the largest and has the most retail traders. Retail foreign exchange trading is a small segment of the broader foreign exchange market where individuals speculate on the exchange rate between different currencies. In 2020 it is estimated that the forex market will exceed 7 billion dollars in daily activity. Retail Trading Sector Continues to GrowThe retail sector has developed with the advent of dedicated electronic trading platforms and the internet, which have allowed individuals to access the global currency markets. In 2016, it was reported that volume from retail foreign exchange trading represents 5.5% of the whole foreign exchange market or $385 million in daily trading turnover. Individual retail traders can access the same trades as central banks and online financial institutions. The retail forex trading industry is growing every day with the advent of trading platforms and their ease of accessibility on the internet.Retail traders rely on brokerage services who provide access to markets in the form of comprehensive trading platforms. The most common of these are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer trading to forex, stocks, contracts-for-difference (CFDs), and other assets.
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail traders in every market ranging from commodities to stocks. The forex market is by far the largest and has the most retail traders. Retail foreign exchange trading is a small segment of the broader foreign exchange market where individuals speculate on the exchange rate between different currencies. In 2020 it is estimated that the forex market will exceed 7 billion dollars in daily activity. Retail Trading Sector Continues to GrowThe retail sector has developed with the advent of dedicated electronic trading platforms and the internet, which have allowed individuals to access the global currency markets. In 2016, it was reported that volume from retail foreign exchange trading represents 5.5% of the whole foreign exchange market or $385 million in daily trading turnover. Individual retail traders can access the same trades as central banks and online financial institutions. The retail forex trading industry is growing every day with the advent of trading platforms and their ease of accessibility on the internet.Retail traders rely on brokerage services who provide access to markets in the form of comprehensive trading platforms. The most common of these are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer trading to forex, stocks, contracts-for-difference (CFDs), and other assets.
Read this Term services.
The overall trading volume in March jumped by more than 9.8 percent when compared to the previous month. And, the jump in trading activities was 17 percent on a year-over-year basis.
Additionally, the overall daily average volume strengthened to $17.1 billion from the previous month’s $15.1 billion.
Forex Demand Skyrockets
Foreign exchange (forex) trading pairs, which is one of Saxo’s top offerings to retail traders, were traded for $152.2 billion in volume. It was 35 percent higher than the previous month’s volume, but around 10.7 percent lower than the trading volume of March 2021.
Coming to the equities offering, the trading demand with the instrument fell last month. The total trading volume with equities trading instruments came in at $231.7 billion. Demand for equities trading on Saxo saw a downfall in two consecutive months now, 8 percent from February and over 20.5 percent from January.
Commodities trading demand again surged to $67.6 billion from the previous month’s $43.9 billion, whereas trading volume with fixed income dropped by 18.5 percent.
Earlier this year, Saxo released its yearly financials for 2021, reporting a marginal increase in revenue, but presenting flat profits. Meanwhile, the client number on the trading platform jumped by 19 percent.
Other retail trading platforms have also witnessed a massive jump in client activities over the past few months. Exness, which has operations in Europe and other emerging markets, closed in March with $2.48 billion in trading volume.
Saxo Bank has reported a total monthly trading volume of $460.4 billion for March, which is the highest since April 2020. With the latest numbers, the broker closed the first quarter of 2021 with a significant surge in demand for retail trading
Retail Trading
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail traders in every market ranging from commodities to stocks. The forex market is by far the largest and has the most retail traders. Retail foreign exchange trading is a small segment of the broader foreign exchange market where individuals speculate on the exchange rate between different currencies. In 2020 it is estimated that the forex market will exceed 7 billion dollars in daily activity. Retail Trading Sector Continues to GrowThe retail sector has developed with the advent of dedicated electronic trading platforms and the internet, which have allowed individuals to access the global currency markets. In 2016, it was reported that volume from retail foreign exchange trading represents 5.5% of the whole foreign exchange market or $385 million in daily trading turnover. Individual retail traders can access the same trades as central banks and online financial institutions. The retail forex trading industry is growing every day with the advent of trading platforms and their ease of accessibility on the internet.Retail traders rely on brokerage services who provide access to markets in the form of comprehensive trading platforms. The most common of these are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer trading to forex, stocks, contracts-for-difference (CFDs), and other assets.
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail traders in every market ranging from commodities to stocks. The forex market is by far the largest and has the most retail traders. Retail foreign exchange trading is a small segment of the broader foreign exchange market where individuals speculate on the exchange rate between different currencies. In 2020 it is estimated that the forex market will exceed 7 billion dollars in daily activity. Retail Trading Sector Continues to GrowThe retail sector has developed with the advent of dedicated electronic trading platforms and the internet, which have allowed individuals to access the global currency markets. In 2016, it was reported that volume from retail foreign exchange trading represents 5.5% of the whole foreign exchange market or $385 million in daily trading turnover. Individual retail traders can access the same trades as central banks and online financial institutions. The retail forex trading industry is growing every day with the advent of trading platforms and their ease of accessibility on the internet.Retail traders rely on brokerage services who provide access to markets in the form of comprehensive trading platforms. The most common of these are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer trading to forex, stocks, contracts-for-difference (CFDs), and other assets.
Read this Term services.
The overall trading volume in March jumped by more than 9.8 percent when compared to the previous month. And, the jump in trading activities was 17 percent on a year-over-year basis.
Additionally, the overall daily average volume strengthened to $17.1 billion from the previous month’s $15.1 billion.
Forex Demand Skyrockets
Foreign exchange (forex) trading pairs, which is one of Saxo’s top offerings to retail traders, were traded for $152.2 billion in volume. It was 35 percent higher than the previous month’s volume, but around 10.7 percent lower than the trading volume of March 2021.
Coming to the equities offering, the trading demand with the instrument fell last month. The total trading volume with equities trading instruments came in at $231.7 billion. Demand for equities trading on Saxo saw a downfall in two consecutive months now, 8 percent from February and over 20.5 percent from January.
Commodities trading demand again surged to $67.6 billion from the previous month’s $43.9 billion, whereas trading volume with fixed income dropped by 18.5 percent.
Earlier this year, Saxo released its yearly financials for 2021, reporting a marginal increase in revenue, but presenting flat profits. Meanwhile, the client number on the trading platform jumped by 19 percent.
Other retail trading platforms have also witnessed a massive jump in client activities over the past few months. Exness, which has operations in Europe and other emerging markets, closed in March with $2.48 billion in trading volume.