CFTC data for U.S. forex brokers, as of June 30

Broker Discussion
1

The CFTC has reported financial data for U.S. brokers as of June 30, 2019.

Finance Magnates has extracted selected data for the 4 largest U.S. forex brokers (once again excluding IG Markets, whose numbers are not yet significant).

Here is the graphic created by Finance Magnates —

broker market share (20) - 2019 June
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And here is the source-document from the CFTC, in which I have highlighted the 5 U.S. forex brokers currently registered.

In the far-right-hand column, we see that IG Markets reported $3,813,811 in retail forex obligations (which means customer funds on deposit with the broker) as of June 30.

This is a little less than 6/10 of 1% market share for IG, which is why Finance Magnates continues to exclude IG from their summary of the CFTC data.

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Clint,

tx for posting.

Do you have any thoughts/recommendations/preferences of the above five for US folks openning a small account (hundreds of dollars)?

I initially was looking at Oanda & Forex.com and may settle on IG. They all offer 50x leverage, spreads vary as does carry charges. Obviously all are regulated.

Any thoughts? Would you choose one over another if you were openning a small account?

Tx,

KC