Alpari’s trading turnover across key markets in July grew by 5% to reach 144.5bn USD1. This is Alpari’s best result so far this year.
Against the backdrop of increased trader activity among the company’s clientele, Alpari’s trading turnover has increased on all the major currency pairs. EURUSD maintains its position as the most popular currency pair among clients. The GBPUSD pair continued its steady rise, which started at the beginning of the summer. Trading activity on this instrument has increased by 12% since the first month of summer.
It’s worth noting that trading on the XAUUSD instrument rose sharply in July, recording a 45% increase. Trading activity on this instrument is currently the third highest it’s ever been at Alpari. Trader interest in gold is currently skyrocketing on the back of the ongoing global economic dispute.
Alpari recorded 840.5bn USD in trading turnover in the first half of 2018, which is 40% higher than we saw during the same period in 2017.
- ↑Trading turnover is the key performance indicator for measuring a company’s effectiveness in the Forex industry. It’s a reflection of the total monetary value of all trades performed during the reference period, including all margin trades and trades opened with leverage.