US Retail Forex Deposits Snap Three-Month Slide, Then Stall Near $470 Million
By Damian Chmiel
AI summary of the source article
Customer deposits across six US retail forex dealers stood at $469.96 million in August after rising in July, according to CFTC data. Together, Gain Capital and OANDA accounted for 71.40% of all US retail forex deposits.
Key facts
- US retail forex broker deposits rose 2.01% in July to $471.58 million before falling 0.34% to $469.96 million in August.
- Gain Capital held $204.16 million in August, representing 43.44% of total US retail forex deposits.
- Futures brokerages owned by Coinbase and Robinhood held $581.4 million in segregated client money in August, surpassing the six retail forex dealers combined.
Source excerpt · Finance Magnates
Customer deposits at US retail forex brokers rose in July for the first time in four months, then edged lower in August. The six registered dealers owed retail clients $469.96 million at the end of August, according to Commodity Futures Trading Commission (CFTC) data. July added $9.27 million, a 2.01% increase that lifted the total to $471.58 million. That followed June's $462.31 million, which Fi…