Retail brokers handled $30.4 trillion in monthly forex and other trading volume in the second quarter of 2026, according to FM Intelligence. This is 9.3% lower than the first quarter’s $33.5 trillion, but leaves activity at around 1.4% lower than the same period a year earlier.
The quarter-on-quarter decline is seen as a step back from the first-quarter high rather than a recession Full analysis of retail brokerage volumes in Q2 2026 It says more about why the title number is hidden than what it says.
Under Fixed Annual Total, move the ranking order.
The market calmed down while the leaderboard was being adjusted
Of the 21 brokers ranked, 18 reported lower trading volume than in the first quarter. By contrast, all top 10 positions were higher than the previous year. The two facts point in opposite directions, and the distance between them is what the analysis differentiates.
One of the names that ranked fourth by volume in Q2 2025 now holds the top spot, after doubling its monthly total over the year. The broker, which was topping the table a year ago, fell to third place. Live movements are tracked in Broker Sizes Panel.
The leader who barely trades currencies
The ranking measures Forex trading volume and other trading volumes combined, and for the brokers that are now at the top, others are doing most of the work. The company primarily books 97% of its reported trading volume outside of forex, in instruments such as stocks, indices, commodities and cryptocurrency CFDs. Two of its closest competitors reported a rate of 99%.
This raises a question that the aggregate cannot answer alone: what is the trading volume at the top of the coin’s all-time hash table, and what is the volume of everything else.
Who moved, how much, and what names now fill the top 21 names mentioned in Analysis of retail broker volumes in the second quarter of 2026 On the FM information portal.
This article was written by Damian Schmil at www.financemagnates.com.
Source link
