US retail forex deposits fell to $462.31 million in June, marking a third straight monthly drop and the lowest level since at least September 2023, based on Commodity Futures Trading Commission filings.
The June total was $26.29 million below March, a decline of 5.38%. It also came in $10.65 million under January’s $472.96 million, which had been the lowest reading in more than two years. The filings show a month-end snapshot of what firms owe retail forex customers. The CFTC adjusts that figure for realized and unrealized trading profit and loss.
US Retail Forex Deposits by Broker
Gain Capital, the StoneX subsidiary behind Forex.com, held $197.09 million at the end of June. That gave it 42.6% of all US retail forex deposits. However, its balance was the lowest since October 2023.
OANDA ended the month with $132.89 million, down 2.10% from May. That was the smallest balance in the data and 3.62% below June 2025. Charles Schwab’s forex unit reported $54.09 million after a third monthly decline. That figure was also a series low and stood 12.91% below a year earlier.
Together, those three firms held 83.08% of the market. That share was down 1.11 percentage points from a year earlier. Meanwhile, all six registered brokers finished June with less client money than they held in March.
Smaller Firms Show Mixed Moves
tastyfx held $47.98 million in June. That was 1.92% lower on the month, but 23.86% higher than a year earlier. Trading.com was the only broker to post a monthly increase. The Trading Point subsidiary held $2.92 million, up 2.08% from May and 24.67% from June 2025.
Interactive Brokers reported $27.33 million after a 0.55% monthly rise. However, its forex balances were still 21.31% below June 2025, the largest annual drop among the six firms. By contrast, the broader brokerage reported 5.26 million daily average revenue trades in June, up 53% from a year earlier, while client accounts rose 34% to 5.18 million.
Only six firms are registered to accept retail forex deposits in the United States. Dealers must hold at least $20 million in adjusted net capital, plus 5% of any retail forex obligation above $10 million. A fall in US retail forex deposits can reflect customer withdrawals, trading losses, or both, and the filings do not break those factors out.
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Source: Finance Magnates
