LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
February data from just released CFTC reports filed by April 1st reveal that Forex brokers within the United States for February in total increased assets to get back above the $500 million handle to $518,945,514 from the $499,339,084 low point reported in January. (see graphs above and below).
Notable changes which recently have occurred in the report is the removal of MB Trading when back in November their retail Forex accounts were moved under GAIN Capital through white label of online discount stock broker TradeKing late in 2015, also the removal of RJ O’Brien (which have helped to contribute to the further falling of assets).
The next report should see the removal of IBFX as their FCM license in null after selling their accounts to OANDA. Also Febraury saw Wedbush replenish assets from barely reporting any in January, leading to the record low month. It looks like in the next month or two the $30+ million in assets of IBFX will start to show up under OANDA’s data from the aforementioned deal.
The big three in the United States for retail based Forex traders remain: FXCM (NYSE: FXCM), GAIN Capital (NYSE: GCAP) and OANDA.