Overall, FXCM retail volumes were up 14% and institutional volumes 72% (!!) in 2013.
Leading retail forex broker FXCM closed the books on a very strong 2013 with (not unexpectedly) weaker December volumes metrics. Seasonally slow December came in at $272 billion retail volumes (down 12% from November) and $146 billion institutional volumes (down 24%). We saw similar December declines reported last week at rival Gain Capital.
For the year 2013, FXCM averaged $339 billion per month retail and $169 billion institutional — for its first year ever averaging more than $500 billion per month total volumes.
For the full press release visit FXCM’s website.
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.
