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Screenshot of a breaking news alert e-mail from Q2 2017
This month data from the CFTC from reports filed by January 28th, 2015 reveal that Forex brokers within the United States for December 2015 dropped 4.7% in assets to $544,087,054 from November’s $570,939,506 total (see graph above).
December usually sees a drop due to end of year withdrawals and not to mention the very volatile market which could have seen accounts take steep losses. Year over year saw assets off only 1.2% from December 2014 where assets stood at $551 million.
We will have to wait until next month’s report to see if accounts were replenished to begin 2016, or if the trend in U.S. spot FX retail account assets continues to dwindle.
The big three in the United States for retail based Forex traders remain: FXCM (NYSE: FXCM), GAIN Capital (NYSE: GCAP) and OANDA.
To view the data from the CFTC click here (PDF).