In the month ended December 31, 2019, the retail forex market in the U.S. shrank by 3% overall, as measured by customer funds on deposit at the five regulated brokers. Customer funds declined at four of the five brokers, with only IG Markets posting a slight increase.
Market-share percentages did not change in the month from November 30 to December 31.
Gain (aka Forex .com) and Oanda are still splitting the lion’s share of the market between them, with each holding about 38% of all the retail money on deposit in the U.S.
Interactive Brokers and TD Ameritrade, although losing some customer deposits, continue to hold their places in the rankings, with 11% and 10% market share, respectively.
Here is a graphic prepared by Finance Magnates displaying the CFTC metrics –
(click on the image to enlarge it)
And here is a link to the Finance Magnates article, published yesterday –