Continuing what has been a parade of stellar volume reports for May 2018 from some of the leading Retail and Institutional FX trading platforms, Australia based ASIC licensed IC Markets has reported that it has joined the “400 Club”, with May volumes coming in at a record USD $447 billion.
May’s average daily volume record of USD $19.4 billion at IC Markets represents a 24% increase compared to the Q1-2018 average of $15.6 billion. May’s monthly volume total of $447 billion is a remarkable 30% increase (over $100 billion USD) compared to IC Market’s previous best monthly total of $343 billion set in August 2017.
IC Markets Director Angus Walker said:
The continued surge in IC Markets trading volumes comes as a result of the success of our customer first strategy.