FXCM retail trading volume in September post 20% increase MoM

October 12, 2016

US forex giant FXCM announced on Tuesday certain trading metrics regarding its retail and institutional businesses for September and for the third quarter of 2016. According to the data reported, the broker’s retail trading volume for Q3 was $875 billion, 4% higher than the second quarter 2016. In September alone, FXCM’s retail trading volume posted a 20% monthly growth to $324 billion, which is the second best monthly result in 2016.

What is more, the average daily volume from retail trades stood at $14.7 billion in September, which represents an increase both over the month (by 26%) and on a yearly basis (by 0.7%). Active retail client accounts totaled 177,818 in September, slightly up from the previous month and down on the year. Compared to August, last month’s volumes from institutional trading services grew by 12%, coming in at $29 billion. The figure, however, represents a decrease of 38% compared to September 2015. FXCM’s institutional volumes for the third quarter of the year also dropped by 47% compared to the second quarter 2016, and by 27% than Q3 of 2015, coming in at was $96 billion.

In addition, FXCM handled on average 563,001 retail client trades in September and 41,397 institutional client trades per day. Meanwhile, FXCM’s main competitor, Gain Capital, also saw its Forex.com trading volumes picked up in September.

The FXCM Group is 50.1% majority owned by FXCM Inc. The rest of the group moved to the hands of Leucadia National Corporation as part of an agreement the two companies signed to amend the conditions of their credit letter agreements. Attempting to reduce its outstanding indebtedness to Leucadia, FXCM announced it intends to offer up to $15 million in shares for sale, and at the end of September the brokerage sold its DailyFX portal to IG Group.

Publication source
FXCM information  FXCM reviews

January 23, 2017
FXTMbasejump Legend Shares World-Record Journey with BBC
In November 2016, the #FXTMbasejump project concluded with Red Bull athlete, Valery Rozov, conquering a world-record in BASE jumping. The jump was performed from mount Cho Oyu in China at 7700metres, following a series of trainings and expeditions in various countries around the world.
January 23, 2017
Australia Day FXTM Trading Schedule
FXTM would like to inform its clients that in observance of Australia Day in Australia our trading schedule will be subject to change on Thursday, January 26th, 2017...
January 20, 2017
Company report 2016
The past year was very successful and productive for Fort Financial Services and we are pleased to share with you our achievements for the year 2016...

EXNESS Rating
FOREX.com Rating
FIBO Group Rating
Trade360 Rating
XTB Rating
Vantage FX Rating

Empire Option Rating
Porter Finance Rating
OptionBit Rating
Banc De Binary Rating
Binary.com Rating
Binary Brokerz Rating