At InvestinGoal, we adhere to strict standards to ensure an unbiased review process. We conduct our reviews by examining each broker’s offering and performance across 4 key categories. A final rating is produced for each forex broker based on a total of 187 data points. Learn more about our review process and methodology.
In our best forex brokers article, we give Forex traders an insight into the leading brokers in the industry.
This article takes a look at the largest Forex brokers in the world by volume.
Before we present the list, how do we rank these brokers?
Table of contents
How to Rank the Largest Forex Brokers
Forex brokers aren’t ranked randomly. Several factors should be considered when ranking Forex brokers. However, the most relevant ranking criteria for Forex brokers is the Average Volume of Daily Transactions (AVDT).
The volatility of the value of a broker’s daily transactions is dependent on the number of active clients the broker has. The more active the clients are, the less volatile the broker’s AVDT and vice versa.
To make the value relevant, the number of active clients for at least 3 months is considered. For a broker to be considered large, it must have an AVDT of at least a billion dollars (more than 10,000 standard lots traded daily).
The table below shows the comparison between the largest forex brokers in the world by volume in 2022:
|Largest brokers||AVDT (Billion USD)|
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money
Top 10 largest forex brokers in the world by Volume: review 2022
Using the rating parameters discussed above, we present a list of the largest Forex brokers in the world by volume for the outgoing year, 2022.
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