FXCM’s January volumes total $479 billion, one of its best months ever.
Well, now it looks official — January was a great month in retail FX all around. Leading retail FX firm FXCM, the world’s largest online FX broker, announced its January trading activity levels, with retail volumes up 22% from last January, coming in at $363 billion for the month, and institutional volumes up 6% to $116 billion.
The FXCM announcement comes after we saw record FX volumes in Japan from GMO Click Securities, among others there, and nice results from several of the Forex ECNs, notably ICAP EBS, Thomson Reuters and FXall.
For more data on FXCM’s January click here.