Forex Brokers Trading Volume Ranking 2023

Wondering which Forex broker is actually the largest in the world?

This article will show you the brokers with the largest trading volume (retail) in 2023.

Ranking by volume Monthly Volume
1. Exness Over $2 trillion
2. IC Markets Over $850 billion
3. FXCM Over $300 billion
4. XTB Over $250 billion
5. Axi Over $150 billion
6. FXOpen Over $150 billion
7. Tickmill Over $100 billion
8. XM Over $100 billion
The above data is provided by each service. Hercules.Finance does not take any responsibility for the accuracy of the data.

Why trade with large brokers?

The above table only shows you some brokers with the largest trading volume in the world but won’t mean that they offer the best possible trading conditions compared to other brokers.

The ranking of trading volume above introduces you the most stable and trusted brokers chosen by millions of traders in the world.

Of course, the trading conditions and tools that they offer a very competitive.

They are all worth checking out if you haven’t opened an account yet.

Now, let us introduce you to the top 3 brokers in the ranking in this article.

1. Exness

Exness is proud to report the largest trading volume in the world with over $2 trillion a month.

With Exness, you can trade Forex, Metals, Cryptocurrencies, Energies, Stocks and Stock Indices.

Exness’s main advantages are:

  • Unlimited Leverage
  • Completely Swap-free Cryptocurrency trading
  • All-in-one mobile app

Go to Exness’s Official Website

2. IC Markets

IC Markets is the second largest Forex and CFD broker in the world with over $850 billion of monthly trading volume

With IC Markets, you can trade Forex, Commodities, Indices, Bonds, Digital currencies, Stocks and Futures.

IC Markets’ main advantages are:

  • Raw spread from 0.0 pips
  • 1:200 high leverage on Cryptocurrency pairs
  • Selection of platforms: MT4, MT5 and cTrader

Go to IC Markets’ Official Website


FXCM is the third largest Forex and CFD broker in the world with over $300 billion of monthly trading volume.

With FXCM, you can trade Forex, Shares, Indices, Commodities and Cryptocurrencies.

The main advantages of FXCM are:

  • All kinds of trading tools for free
  • Zero commission trading
  • Convenient all-in-one mobile app

Go to FXCM’s Official Website



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