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Obsidian

Q2 2012 Total Number of Active US Forex Accounts

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Q2 2012: profitability of forex traders keeps dropping, OANDA back on top

 

In Q2 2012 profitability of US forex traders kept dropping albeit the change was less than in Q1 2012: -1.1% and -1.9% respectively.

 

GFT’s profitability ‘plummeted’ meaning it lost its crown to OANDA again and dropped 5 places in this ranking.

 

Number of forex accounts dropped by almost 2,000 (excluding Interactive Brokers which still didn’t report) and the only ones able to grow were Alpari, ILQ, Forex Club and Advanced Markets. It’s possible that May’s volatility had something to do with this.

 

For obvious reasons PFG is excluded from this chart..

q2-2012.jpg.8ba4aa6949d52f9fa3edecce9074d3f1.jpg

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