Trading Volumes at FXCM Mildly Lower in April as Accounts Grow

The company’s monthly metrics revealed that albeit trading volumes declined the number of retail and institutional customers has increased

Retail trading volumes at FXCM totaled $306 billion in April 2015, which is 7% lower than last month and 37% higher year-on-year. The average daily volumes declined in a similar fashion. The figure was $13.9 billion per day in April 2015, the same 7% lower than March and 36% higher than April 2014.

Retail client trades per day decreased 3% to 510,050 trades. The figure was a whopping 58% higher than in April 2014, but this is attributed to the much higher volatility on the currency markets lately.

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Tradable retail accounts were 188,221 as of April 30th, 2015, which is higher by 3,045 or 2% from the previous month. The figure is higher by 40,888, or 28%, when compared to last year.

Institutional trading volumes totaled $220 billion in April, which is 10% lower than March and 25% higher than last year. The average daily volumes totaled $10.0 billion in April, which is again 10% lower than March and 25% year-on-year.

The number of institutional client trades per day totaled 55,018, which is 3% higher than March and 29% higher than April 2014.

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