Boston, July 18, 2013 - Due in large measure to varying regulatory regimes, the retail FX market is growing at different speeds throughout the world. In this changing climate, domestic regulations are effectively closing key markets to unregulated brokers. Already highly regulated Tier-1 brokers worldwide have developed an edge against smaller competitors by expanding their product offerings beyond FX and CFDs into options, stocks, and futures, and Tier-2 and Tier-3 retail FX and CFD brokers now selectively seek more regulation in order to compete. To become regulated and expand their capabilities and products, however, brokers need more capital and a multicountry strategy. But how should they go about it? And how can vendors help?
Based on a Q4 2012 to Q1 2013 Aite Group qualitative survey of retail FX and CFD brokers and a Q4 2012 to Q1 2013 Aite Group quantitative study of Web traffic patterns to broker websites, this Impact Report by senior analyst Javier Paz explores the online traffic and trading volume market share of retail FX and CFD brokers by major region: Southeast Asia, Western Asia, Europe, and Oceania. The report also identifies the world's leading retail FX/CFD brokers by trading volume and reveals the extent to which retail FX brokers have adopted CFD and other non-FX products.
This report is the second in a two-part series on retail FX and CFD brokerage—find the first report here.
This 39-page Impact Report contains 27 figures and three tables. Clients of Aite Group's Wealth Management service can download the report.