CFTC metrics, as of July 31, for the 5 U.S. retail forex brokers

We continue to track the five CFTC-registered forex brokers on the basis of customer funds on deposit, and market share.

The data come from the CFTC’s monthly reports titled Selected FCM Financial Data, published early in the first half of each month, reporting the financial positions of commodities brokers and forex brokers as of approximately 40 days previous. The latest report, released in early September, lists data as of July 31, 2020.

For multi-asset brokers, such as Interactive Brokers, our summary here considers only forex market metrics.

Customer funds on deposit

Overall for the five U.S.-registered brokers, total forex customer funds on deposit declined by almost $7.5 million, or about 1%, during the month from June 30 to July 31.

Listed alphabetically, losers were: Gain Capital (forex .com) down 4%, IG Markets US down 8%, and Oanda down 4%.

Gainers were: Interactive Brokers up 10%, and TD Ameritrade up 6%.

Market shares

Here are the five brokers ranked from 1 to 5 according to market share.

In the most recent month reported, the rankings did not change. Market shares changed only slightly.

  1. Gain Capital (forex .com) market share 38%

  2. Oanda market share 35%

  3. Interactive Brokers market share 12%

  4. TD Ameritrade market share 12%

  5. IG Markets US market share 3%

Here is a graphic prepared by Finance Magnates, showing the latest CFTC data

Here is a LINK to the complete CFTC data-set in .pdf