Retail Trading Analysis: Lower Deposits and Withdrawals in July

In our previous analysis of key metrics related to retail FX/CFD trading, we noticed a decline in the activity of investors. Finance Magnates Intelligence analysis of July’s data from CPattern only proved the initial observations.

In July, retail traders decided not to deposit more capital in their accounts. In fact, they did not withdraw much either. The average single deposit being sent to a trading account in July was $1,394, which was exactly the same as in June.

The average single withdrawal decreased to $1,902 from $2,328 seen in June. At the same time, we saw an uptick in the average first-time deposit value. Traders that were opening their accounts were sending $1,353 as their first deposit, compared to $1,263 seen in the previous month.

Lower Monthly Activity of Investors

Additionally, we had a decline in monthly cumulative numbers. The average total monthly deposit for a single trader fell to $10,004 from $11,504. This means we were more than $4,000 away from the highest value of deposits registered in May. The average monthly withdrawal fell to $5,993 from $7,507.

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.