Interactive Brokers’ Retail FX Deposits Drop 15% in April, CFTC Data Shows

[kreslik.news]

The Commodity Futures Trading Commission (CFTC) has published its anticipated monthly report for April 2018, which covers data for FCMs that are registered as Retail Foreign Exchange Dealers (RFEDs) and those included as broker dealers that hold retail forex obligations in the United States.

The latest data shows a total positive change month-over-month from March, though differences amongst each broker were more pronounced. With no major changes recently, the sector is tracking for a stable start to the second quarter. However, the prospect of lighter regulations may soon revive interest in the US market among foreign brokers, or at least help ... (read more)