Retail Trading Analysis: Lower Deposits and Withdrawals in July

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Retail Trading Analysis: Lower Deposits and Withdrawals in July

<p>In our previous analysis of key metrics related to retail FX/CFD trading, we noticed a decline in the activity of investors. Finance Magnates <a href="https://www.financemagnates.com/intelligence" target="_blank">Intelligence</a> analysis of July's data from <a href="https://www.cpattern.com" target="_blank" rel="nofollow">CPattern</a> only proved the initial observations.</p><p>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.</p><p>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.</p><p>Lower Monthly Activity of Investors</p><p>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.</p><p>Finance Magnates Intelligence will be monitoring <a href="https://www.financemagnates.com/forex/analysis/analysis-higher-trading-activity-in-june-despite-lower-deposits/" target="_blank">industry activity</a> in the upcoming months. Stay tuned for more industry-related research, or reach us directly for additional research requests.</p>

This article was written by Sylwester Majewski at www.financemagnates.com.

Source: Retail Trading Analysis: Lower Deposits and Withdrawals in July