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Activated FX Accounts in US Spikes in Q1 of 2019

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The numbers of US traders grew exponentially in Q1 even with an FX market stuck in the doldrums.

Even though an ongoing calm in the foreign exchange market, the number of new retail traders opening accounts in the US grew exponentially in the first quarter of this year.

In March of this year the growth came alongside a $15 million uptick in the volume of FX deposits. That represented a important uptick in the number of new account openings when compared to the prior year.

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