FXCM vs Gain Capital: FXCM stays top US broker by retail trading volume in Apr 2016

FXCM vs Gain Capital: FXCM stays top US broker by retail trading volume in Apr 2016

Forex Capital Markets, aka FXCM, strengthened its position as the leading US broker by retail forex trading volume, after the difference with Gain Capital, which ranks second, increased slightly to $31 billion in April 2016, indicated the broker’s latest monthly metrics.

FXCM reported its trading volume from retail over-the-counter (OTC) operations stood at $287 billion in April, posting a drop of 1% on the month and by 6% year-on-year. Meanwhile, Gain Capital’s volume was $255.8 billion, or 4.1% lower than a month earlier and 3.1% less year-on-year.

FXCM’s clients operated 176,812 active retail OTC accounts in April and Gain Capital handled 140,286 such accounts.

In the institutional segment, while both brokers posted a slight drop from a year earlier, Gain Capital’s trading volume jumped 83% on the month, while FXCM posted a monthly drop of 10%.

For more information, please see table below.

GAIN Capital is present in North America, Europe and the Asia Pacific regions. It offers a number of trading services to retail and institutional clients, including forex, commodities, and global equities trading. The brokers operates via the brands Forex.com, City Index, GTX, and Gain Capital.

FXCM is registered with the relevant regulatory bodies in the US, the UK, Germany, Italy and Australia. It provides forex and contracts for difference (CFDs) trading, spread betting and related services to retail and institutional customers alike. Through its offices in the US, the UK, Germany, Australia, France, Italy, and Greece, and affiliate offices in Canada, Israel, Chile, Japan, and China, the broker offers 40 currency pairs on the Trading Station and MetaTrader 4 (MT4) trading platforms.

Source: FXCM/Gain Capital

FXCM

Gain Capital

Retail trading volume

$287 bn

$255.8 bn

m/m change

-1%

-4.1%

y/y change

-6%

-3.4%

Institutional trading volume

$75 bn

$163.2 bn

m/m change

-10%

+83%

y/y change

-3.5%

-2.9%

Active OTC accounts

176,812

140,286

m/m change

+1%

+2%

y/y change

+2.7%

-4.4%

Top Forex Brokers

BrokerCountryRatingMin. DepositWebsite
US5/5$50 Click for a special offerWebsite
USA5/5$250 Click for a special offerWebsite
UK, Cyprus, Belize4.94/5$5 Click for a special offerWebsite
Australia, Cyprus4.93/5$100 Click for a special offerWebsite
UK, Australia4.85/5$50 Click for a special offerWebsite
Cyprus, SVG4.8/5$100 Click for a special offerWebsite

Leave a Reply

Your email address will not be published. Required fields are marked *