GMO Click Remains Largest Forex Broker in the World in 2016

Despite all the shocks and tribulations that the Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term industry experienced in recent years, one thing seems to remain constant: the identity of the leading retail provider.

According to the latest data from the Finance Magnates Intelligence Department, GMO Click Securities Co. Ltd. – the online financial trading subsidiary of the Japanese conglomerate GMO Internet (TSE: 9449) – is the biggest Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term broker in the world again for 2016.

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GMO Click has held this position since 2012 and doesn't seem to be letting go. In fact, the Japanese giant has a very comfortable lead over the competition with by far the highest trading volumes in the industry globally. GMO Click saw a whopping average monthly trading volume of about $900 billion ($899.94 billion to be exact) throughout 2016.

Breaking down the trading volumes figures by six-month periods we can see that GMO Click clients were more active during the first half of the year, with an average monthly trading volume of $920.2 billion, compared with $879.6 during the last six months of 2016.

In general, the Japanese forex market remains the most active in the world with all top five of the biggest brokers globally hailing from the land of the raising sun. Only a couple of Western brokers even appear in the top ten list by trading volumes in 2016.

Besides the fierce competition, the Japanese forex market is also known for its high level of transparency. Earlier this month for example, GMO Click released some very interesting data that shows the most popular commodities, indices and international single stocks CFDs (contract for difference) among its clients during December 2016.