Major USforex brokers posted mixed results in client deposit flows during May 2025,with some platforms gaining ground while others shed customer funds as thedollar rebounded from three-year lows.
Theindustry average shows a modest month-over-month increase of about 2%, but amore noticeable 8% decline compared to the same period last year.
US Forex Brokers Deposits Jumpin May 2025
The data,compiled from regulatory filings with the Commodity Futures Trading Commission(CFTC), shows how retail forex traders reacted to heightened currencyvolatility that month. Interactive Brokers bucked the broader trend, recordinga 6.4% jump in retail forex obligations to $35.3 million from April’s $33.1million.
But thegains weren’t universal. OANDA, one of the larger retail FX platforms, sawdeposits drop 5.8% to $151.5 million in May from $160.9 million the previousmonth. The decline came even as trading volumes typically spike during periodsof increased market volatility.
The FX depositmovements coincided with a sharp turnaround in dollar sentiment. After hittingthree-year lows in April, the greenback staged a comeback in May as tradersreassessed Federal Reserve policy expectations and global economic conditions.
Deposit Flows ReflectTrading Sentiment
CharlesSchwab maintained relatively stable client funds, posting just a 2% decline to$61.5 million in May from $62.8 million in April. The modest drop suggestsretail traders at larger platforms may have adopted a wait-and-see approachduring the currency turbulence.
Smallerplayers showed more dramatic swings. GAIN Capital managed to grow deposits by1.9% to $215.1 million, while tastyfx (formerly known as IG US) gained 3.9% toreach $41.4 million in client funds.
Year-Over-Year PerformanceAlso Reveals Industry Divide
In the yearlycomparison, Interactive Brokers emerges as the clear winner with client fundssurging 22% to $35.3 million in May 2025 compared to the same month in 2024. Thesuccess story contrasts sharply with OANDA’s 23% year-over-year decline to$151.5 million, representing one of the steepest drops among major US forexplatforms.
Meanwhile,GAIN Capital maintained its market leadership position with $215.1 million inclient funds, though growth remained modest compared to previous years. CharlesSchwab showed stability with minimal year-over-year changes at $61.5 million.
Trading.composted a solid 10.6% year-over-year increase to $2.4 million.
Safeguarding Client Assets
The CFTCrequires forex brokers operating under its jurisdiction to maintain substantialfinancial buffers as a safeguard for customer deposits. Latest filings revealthat all six examined companies meet or exceed the regulator’s prescribedcapital thresholds.
Thesenumbers come from monthly reports that futures commission merchants and retailforeign exchange dealers must file with the CFTC.
This article was written by Damian Chmiel at www.financemagnates.com.
