Sydney, Australia, 1 June 2018. International Capital Markets Pty. Ltd. (IC Markets), Australia’s largest foreign exchange provider, has announced astounding record average daily volumes (ADV) of 19.4 billion USD in May and a monthly total of 447 billion USD.
May’s ADV record of 19.4 billion USD represents a 24% increase compared to the Q1 2018 average of 15.6 billion. May’s monthly volume total of 447 billion USD is a remarkable 30% increase (over 100 billion USD) compared to the 343 billion USD record reported in August 2017.
May’s performance cements IC Markets’ leadership position in the Australian market and beyond, making it one of the few global brokers exceeding the 400 billion monthly volumes mark.
“The continued surge in IC Markets trading volumes comes as a result of the success of our customer first strategy”. IC Markets Director Angus Walker said.
IC Markets remains one of the world’s only True ECN forex brokers, designed for active day traders and scalpers as well as traders that are new to the forex market. True ECN connectivity with direct access to interbank liquidity, tight spreads, fast and quality execution and exceptional customer service: these are some of the features of IC Markets' offering.
About International Capital Markets Pty Ltd (IC Markets).
Sydney headquartered International Capital Markets Pty Ltd is one of the world’s largest Foreign Exchange providers. IC Markets distinguishes itself with unique True ECN forex technology, proprietary tools and services, and a remarkable focus on customer service. IC Markets is regulated by the Australian Securities and Investments Commission in Australia (AFSL 335692).
Forex and CFD trading may not be suitable for everyone so please ensure that you fully understand the risks involved. Please consider IC Markets PDS available from IC Markets before entering into any transaction with us.
For further information, visit www.icmarkets.com or contact IC Markets by telephone on: +612 8014 4280.