US Retail Forex assets climb in November, FXCM Inc the big winner

CFTC data on US retail forex client assets is now out for November, and it shows a not-unexpected positive turnaround in the US retail forex sector.

Overall, US retail forex client assets rose 4% in November to $630.5 million from October’s $605.8 million. That is still well down, however, from the $742 million of client assets the CFTC reported at year-end 2011.

On our industry-concentration watch, the Top-3 of FXCM Inc (NYSE:FXCM), OANDA and Gain Capital Holdings Inc (NYSE:GCAP) continued to account for more than 75% of the entire sector in the US – up marginally actually, from 75.3% to 75.4%. US traders continue to be over-regulated and have less and less choice each day.

US Retail client assets chart Nov2014

And not all brokers did well. Of the top four brokers, only FXCM showed an increase in client assets, rising $20.6 million or 9% (not a bad month) to $238.5 million. OANDA, GAIN Capital, and IBFX each saw a marginal 1% drop in forex assets.

US Retail client assets Nov2014

Related News


US Retail Forex assets climb in November, FXCM Inc the big winner


Send this to a friend

Subscribe to LeapRate
Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: