“The Number of Traders of Mega Forex Brokers?” Here are some examples…

March 20, 2017

You will be surprised with the fact...

“The Number of Traders of Mega Forex Brokers?” Here are some examples…

IronFX has run the Limassol Marathonin Cyprus with Smiles!

Here are some photos from the Official Website of the event organizer.

Photos from limassolmarathon.com

Have you ever wondered how many traders which your broker has?

The numbers would be really important for retail FX traders, because it literally shows how big is the broker and also how financially stable.

We have some data to share with you regarding to this matter.

Number of Traders of your Forex broker

To start with, let’s see the known numbers of several Mega Forex brokers.

IronFX – 1 million clients (2010 – 2016)

FXPro – 0.54 million live accounts (2006 – 2017)

XM – 1 million clients (2009 – 2017)

HotForex – 0.35 million live accounts (2010 – 2017)

*If you compare the “number of accounts” and “number of clients”, you should note that “the number of accounts” will be much bigger than the “number of clients”.

Above 4 FX brokers are known to be Mega-Forex brokers in the world.

In fact, XM is officially recognized as the Largest MT4 Broker by MetaQuotes. As MT4 is the most popular trading platform in the world, XM is kind of proved to be the largest broker in the world already.

For your information, there are hundreds of online FX brokers in the world and many of them have less than 1000 traders.

Now you know how big is the FX retail market.

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