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Screenshot of a breaking news alert e-mail from Q2 2017
We’ve done some more digging, following our exclusive coverage of IronFX’s plans to go public in an $800 million IPO early next year. And we’ve come up with some data from IronFX’s preliminary filing with the US Securities and Exchange Commission.
We’d note once more, that all data in an IPO prospectus goes through fairly thorough due diligence and review by the company and its auditors and counsel, as well as the underwriters and their lawyers.
From what we’ve been able to ascertain:
- IronFX’s Top 10 markets (in alphabetical order) are: Bangladesh, China, Czech Republic, Great Britain, Hungary, Malaysia, Poland, Singapore, South Korea, Vietnam. Essentially, IronFX is very strong in the fast-growing Far East markets, the all-important UK market, and in Eastern Europe.
- Total active accounts (deposited or traded in the last 12 months, as per industry definition) – 345,000
- Online clients (clients online on the platforms during the peak trading hour of the day, at US open) – 20,000
- Monthly client trading volumes (independently audited by KPMG) – $300 billion
The data is as of September 30, 2014.
The information certainly supports our earlier stated assumptions that IronFX has indeed grown to become one of the largest retail forex brokers worldwide (ex Japan).
We’ll continue to bring you more information and updates as they become available to us.