Analysis: UK Traders Seen Depositing the Most to Their Accounts in March

As the latest analysis by  of data from  shows, we are seeing the first significant decline following an almost year-long growth of the average size of deposits being sent to trading accounts by retail traders. The average value for the top 10 countries decreased to $2,452 in March 2018 from a record $3,763 registered in February 2018. Also, the average withdrawal size fell from $3,097 to $2,959.

When it comes to the average deposits being sent to trading accounts, the UK topped the ranks with a result of $4,670. Surprisingly, second place was held by Brazil, where on average retail traders were depositing $2,996. Considering the many restrictions on leverage FX trading, these results are surprisingly good. The third position belonged to Ukraine with $2,605, which also was a somewhat unexpected result.

The UK was leading the ranks also in the area of the largest withdrawals per single trader. In March 2018, UK traders were taking $4,895 on average from their accounts per single withdrawal. Second place was occupied by Switzerland with an average withdrawal size of $4,201, followed by Australia with $3,728.4.

Unsurprisingly, the UK also topped the ranks regarding average first-time deposits (FTD) with a result of $2,130. Following behind were the United Arab Emirates with average FTD of $1,441. Third place was filled by Denmark, which rather rarely appears in our rankings, with an average first-time deposit of $1,147.

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For this reason, the  has launched a new project, creating a set of indices encompassing various aspects of the online trading industry. These indices will provide you with unique data points gathered by our analysts, that will serve as a valuable knowledge base for your decision making.

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