US Retail FX client assets tick up 1% in January to $565.6M
Client assets held by US retail forex brokers were up by 1% in January 2021, totaling $565.6 million versus $559.5 million in December according to data released by US derivatives sector regulator CFTC. Despite the strong start to the year, US retail FX brokerage assets are in an overall period of decline, down from above $580 million last September-October.
January 2021 | December 2020 | |
GAIN CAPITAL GROUP LLC | $217,293,662 | $207,873,659 |
OANDA CORPORATION | 195,860,612 | 190,520,974 |
TD AMERITRADE FUTURES & FOREX LLC | 67,424,315 | 66,491,544 |
INTERACTIVE BROKERS LLC | 58,147,407 | 69,745,093 |
IG US LLC | 26,834,907 | 24,864,104 |
Totals | $565,560,903 | $559,495,374 |
The largest two brokers by client assets, Gain Capital (now owned by StoneX) and OANDA, both saw an increase in assets, as did the smallest, the UK’s IG Group via its US licensed subsidiary IG US LLC. Both Interactive Brokers, slipping from third place to fourth, and TD Ameritrade, saw client assets down.