Broker Volume

1 Attachment(s) I was looking at this volume comparison from Myfxbook. Going by these amounts of brokers it seems that FXCM has among the amounts.

Can someone explain this to me please? Maybe I am missing something here but I'd have thought that the largest broker outside of Japan by turnover could have the maximum volume. Citifx doesn't fair believing they are a bank.

https://www.cliqforex.com/trading-sy...ps-2008-a.html

:

---

Isn't it the volume that moves through accounts linked to Myfxbook? In that case, then it clarifies your concern. Myfxbook's prevalence differs among traders of different regions, so the volume breakdown might be skewed significantly.

---

That is quite a legitimate response. I doubt that Lmax would have many accounts attached to Myfxbook as many traders would use either Multicharts or their webtrader platform and not MT4.

Isn't it the quantity that moves through accounts connected to Myfxbook? In that case, then it clarifies your concern. The popularity of myfxbook differs among traders of different areas, so the quantity breakdown may be skewed.