Russia’s largest forex broker in 2015: Alpari

Russia’s largest forex broker in 2015: Alpari

Alpari

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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

BrokerAvg 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 

 

 

 

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