Best retail platform: Saxo Bank

Saxo Bank's head of business lines says smaller players will struggle

matteo-cassina-saxo-bank
Matteo Cassina, Saxo Bank

The highly competitive retail currency trading market has become a major source of flow, accounting for 3.5% of total turnover and 3.8% of spot turnover in the $5.3 trillion-a-day global market, according to the latest Bank for International Settlements survey of FX markets.

But, the retail broker space has been going through a phase of consolidation as low volatility, difficult market conditions and the resource-intensive nature of maintaining a state-of-the art trading infrastructure favour

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