US Retail Forex brokers saw client assets on deposit drop for a third consecutive month in June, based on just-released data from the CFTC.
Overall, Retail FX accounts at US regulated brokers totaled $561.1 million as at June 30 – down 1.4% from May and the second lowest figure ever. The lowest point since record keeping began came back in December 2014 when $551 million in assets were reported.
As far as the individual brokers go, industry leader FXCM Inc (NYSE:FXCM) had the best month, with a 9% rise in client funds. Gain Capital Holdings Inc (NYSE:GCAP) retained its #2 market share position over Oanda for the second consecutive month, although both brokers saw a decline in client assets. Interactive Brokers Group, Inc (NASDAQ:IBKR) had the largest decline, dropping into sixth place from fourth in May with a 27% fall.
