Which is the biggest broker in Australia in terms of trading volume | Forex Factory

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Which is the biggest broker in Australia in terms of trading volume

  • #1
  • First Post: Apr 13, 2010 1:34am Apr 13, 2010 1:34am
What I am focusing on is the market share. Not the spread, not the execution, but the Volume. Which Australian broker has the biggest trading volume in the Asian session? That's the point.
Any info is appreciated.


Cheers

xecret
  • #2
  • Apr 13, 2010 1:35am Apr 13, 2010 1:35am
Ummm, fxcm australia.... Largest retail volume in the world. At least thats global fxcm volume...

Why are you asking?
  • #3
  • Apr 13, 2010 1:55am Apr 13, 2010 1:55am
Quoting Takisd
Ummm, fxcm australia.... Largest retail volume in the world. At least thats global fxcm volume...

Why are you asking?
Thanks for the reply. Volume is considered in my trading system. The larger the broker is the more accurate the volume is. I trade the Asian session, so I need to find a large broker in the session.

By the way, how about GoMarkets?
  • #4
  • Apr 13, 2010 7:37pm Apr 13, 2010 7:37pm
Quoting xecret
Thanks for the reply. Volume is considered in my trading system. The larger the broker is the more accurate the volume is. I trade the Asian session, so I need to find a large broker in the session.

By the way, how about GoMarkets?
What kind of Volume is considered in you trading system?

Volume in Metatrader indicate tick volume, not trading volume. Tick volume depends on price feed provider rather than number of lots traded.
  • #5
  • Apr 14, 2010 7:13am Apr 14, 2010 7:13am
Quoting minfin
What kind of Volume is considered in you trading system?

Volume in Metatrader indicate tick volume, not trading volume. Tick volume depends on price feed provider rather than number of lots traded.
This is why I am looking for a large broker.
  • #6
  • Last Post: Apr 14, 2010 7:28am Apr 14, 2010 7:28am
but even still, would that make a difference? largest broker has to be fxcm anyway.
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