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Alpari was the largest forex broker in Russia in terms of trading volume with an average monthly levels of $90 billion in 2015, or 27% of the top 35 brokers’ combined volume, according to data published by Interfax-Center for Economic Analysis (Interfax-CEA). The broker also served the largest number of active clients last year, or 137,000.
The average monthly trading volume of the top 35 forex brokers operating in Russia amounted to a combined $332.6 billion in 2015. Alpari was way ahead of Forex Club, the broker with the second largest average monthly trading volume in Russia of $54 billion.
Alpari was also a leader in terms of largest number of active accounts. With its 137,000 active clients last year, Alpari handled close to double the number of clients that Forex Club had.
The data refers to the markets of Russia and the Commonwealth of Independent States (CIS), or the former countries from the Soviet Union. You can see details about the average monthly trading volumes (in billions of USD) in 2015 and the number of active clients of the top 35 forex brokers operating in Russia in the table below.
Alpari posted earlier its monthly trading volumes for the first two months of 2016. In January, the broker saw its trading volume slightly over $80 billion, while in February it grew to $88.5 billion.
Of all forex brokers that post monthly metrics, GMO Click is the largest one in terms of retail trading volume. In February, its latest volume was JPY 144.3 trillion, or about $1.28 trillion.
The Russia-based broker offers trading in forex, metals, and contracts for difference (CFDs), and binary options. It supports the platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5), and BinaryTrader.
The Alpari group includes the companies Alpari-Broker (Russia), Alpari Ltd. (Saint Vincent and the Grenadines), Alpari International Ltd. (Mauritius), Alpari Ltd. (Belize), Alpari Forex (Russia), and recently set-up Alpari Gold. Alpari used to operate a UK-regulated branch, which went insolvent in January 2015 after it faced exceptional volatility and extreme lack of liquidity as a result of the EUR/CHF collapse.
The group companies are registered with and regulated by the relevant authorities in Belize and Mauritius. The brokerage has also applied through Alpari Forex for a license in Russia. It is also a member of the Russian self-regulatory organization Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN) and external dispute resolution (EDR) organization Financial Commission (FinaCom).
Source: Interfax-CEA
Broker | Avg monthly trading volume | Active clients |
Alpari | 90.0 | 137,000 |
Forex Club | 54.0 | 80,000 |
TeleTrade | 45.0 | 61,000 |
Alfa Forex | 30.7 | 10,500 |
Forex4you | 15.9 | 28,300 |
InstaForex | 12.0 | 22,000 |
VTB 24 | 11.4 | 14,400 |
Saxo Bank | 9.0 | 5,000 |
RoboForex | 7.0 | 14,300 |
Finam (WhoTrades) | 6.0 | 7,000 |
Fibo Group | 4.3 | 6,500 |
FBS | 3.9 | 6,000 |
FxPro | 3.8 | 5,200 |
Nefteprombank | 3.2 | 4,900 |
Admiral Markets | 3.2 | 2,200 |
FreshForex | 3.0 | 7,800 |
Grand Capital | 3.0 | 4,000 |
Dukascopy | 2.9 | 4,500 |
LiteForex | 2.4 | 3,700 |
AMarkets (AForex) | 2.1 | 3,200 |
Oanda | 2.0 | 3,000 |
GKFX | 1.9 | 3,000 |
PROFIT Group | 1.9 | 6,900 |
Exness | 1.8 | 2,900 |
eToro | 1.7 | 2,700 |
FXOpen | 1.5 | 2,400 |
iForex | 1.3 | 2,000 |
Weltrade | 1.3 | 2,000 |
MasterForex | 1.3 | 2,000 |
FXCM | 1.2 | 1,900 |
NordFX | 1.1 | 4,000 |
BCS | 1.0 | 1,600 |
StreamForex | 1.0 | 1,500 |
Gain Capital (Forex.com) | 0.7 | 1,000 |
Swissquote | 0.1 | 200 |