Australia Retail FX broker IC Markets reports record volumes of $313 billion for July

ic markets fx volumes

ASIC regulated Retail Forex broker IC Markets has announced today that it registered a record month for FX trading volumes in July 2017, at USD $313 billion.

The company also hit a daily volume record of USD $21 billion on the 21st of July, as the USD slid to its lowest level in over a year.

Some key stats released by IC Markets:

  • July 2017 Volume US$313 Billion
  • July Average Daily Volume US$14.9 Billion
  • Q2 2017 Average Monthly Volume US$236 Billion

Sydney-based IC Markets does not usually report its monthly volumes – last time was for March 2017 when IC reported a then-best $234 billion, and before that November 2016 at $188 billion.

According to IC Markets’ Managing Director Andrew Budzinski:

Reaching over 300 billion USD in volume is a remarkable milestone. We expect these numbers to continue to grow in the coming months as we focus on client acquisition and retention.

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