Financial and Business News

Analysis: Higher Trading Activity in June Despite Lower Deposits

Wednesday, 07/09/2022 | 12:05 GMT by Sylwester Majewski
  • Retail traders deposited less capital.
  • The average number of transactions increased.
forex traders

The latest CPattern data examined by Finance Magnates Intelligence shows that in June retail investors decided not to deposit more capital in their accounts. Yet, at the same time, they conducted more transactions than in the previous month.

In May, we saw an uptick in the size of deposits. The total average monthly deposit grew to $14,630, and a new record was achieved in our data for total deposits. This trend did not last long, as in June, the average value of the total monthly deposit decreased to $11,504, which was the second-lowest result since September 2021.

forex deposits

June also brought a decrease in the size of average total monthly withdrawals. While in May, the total average monthly deposit grew to $8,146 from $5,221, in June, it receded to $7,507, marking it the second-lowest reading this year.

Retail Investors Traded More

Despite lower capital inflows and outflows, retail traders kept trading, most likely with smaller transactions. In June, the average number of transactions made by one trader grew to 296.5 from the previous month's 285.1. As well as being close to breaking through the 300 transactions barrier, the figure has increased considerably from the same time last year. In July 2021, the average number of transactions was 224.

forex transactions

What was interesting is that for the second month in a row Kuwait held the top spot in the activity rankings. Traders from this country were followed by traders from Turkey. China, usually the most active, this time came in 4th with 304 transactions per trader.

Finance Magnates Intelligence will be monitoring industry activity in the upcoming months. Stay tuned for more industry-related research, or reach us directly for additional research requests.

The latest CPattern data examined by Finance Magnates Intelligence shows that in June retail investors decided not to deposit more capital in their accounts. Yet, at the same time, they conducted more transactions than in the previous month.

In May, we saw an uptick in the size of deposits. The total average monthly deposit grew to $14,630, and a new record was achieved in our data for total deposits. This trend did not last long, as in June, the average value of the total monthly deposit decreased to $11,504, which was the second-lowest result since September 2021.

forex deposits

June also brought a decrease in the size of average total monthly withdrawals. While in May, the total average monthly deposit grew to $8,146 from $5,221, in June, it receded to $7,507, marking it the second-lowest reading this year.

Retail Investors Traded More

Despite lower capital inflows and outflows, retail traders kept trading, most likely with smaller transactions. In June, the average number of transactions made by one trader grew to 296.5 from the previous month's 285.1. As well as being close to breaking through the 300 transactions barrier, the figure has increased considerably from the same time last year. In July 2021, the average number of transactions was 224.

forex transactions

What was interesting is that for the second month in a row Kuwait held the top spot in the activity rankings. Traders from this country were followed by traders from Turkey. China, usually the most active, this time came in 4th with 304 transactions per trader.

Finance Magnates Intelligence will be monitoring industry activity in the upcoming months. Stay tuned for more industry-related research, or reach us directly for additional research requests.

About the Author: Sylwester Majewski
Sylwester Majewski
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Sylwester is a graduate of the Warsaw School of Economics, holding an MA in Finance and Banking. He currently serves as Head of the Insights & Reporting Hub at Finance Magnates. He is also a former minority partner in an NFA-registered US forex broker and has been involved in numerous forex and trading industry projects since 2003. Privately, Sylwester is a husband and father to a 7-year-old daughter, as well as an enthusiast of trading and Formula 1.

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