Top Forex Brokers report over $105B in daily traded volume.
The numbers as were officially, and to some extent unofficially, released by the brokers themselves:
The figures are incomplete as some brokers such as FXDD, FX Solutions and CMS simply don’t report or disclose their numbers.
It is my estimate that the non-reporting, non-disclosing brokers are able to contribute at least 20-30B more to the daily traded volume, meaning that the total reported and estimated volume is in the range of $130-140 billion dollars a day.
A year ago I was sure retail Forex growth was about to slow down, guess I was wrong. Who wonders if $140B is the limit?
* – based on 2007 numbers and taking the average retail volumes growth since into account.
** – based on report that GFT and Gain were pretty identical in size in 2007 and currently have similar cash piles.