Tag: US forex broker

February 17, 2014 BY Gerald Segal

US retail forex brokers continue to bleed client assets in 2013

December's total US forex client assets of $600 million down 6% for the year. (Over-) regulation continues to take its toll in the US retail FX business. The CFTC's just-released December data shows continued erosion of assets held by US retail FX traders at their brokers. This wasn't a case of clients migrating from one…

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September 23, 2013 BY Gerald Segal

Alpari exits US market, sells US clients to FXCM

Very little money changed hands, for FXCM to acquire Alpari US's $10 million in client assets. As we predicted would happen, all but the largest US retail forex brokers are one by one deciding to exit the US market, and focus their efforts elsewhere. The problem has nothing to do with the true dynamics of…

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