Monday, 15/09/2025 | 09:36 GMT by
Damian Chmiel
- XTB maintains its lead with 750,000 accounts as the retail CFD market shows robust growth.
- There’s also a newcomer to Finance Magnates’ Quarterly Industry Report, which climbs to second place, ahead of Doo Prime.
The retail
CFD industry witnessed another period of expansion in Q2 2025, with eleven
brokers now exceeding 100,000 monthly active accounts, according to data from
the latest Finance Magnates’ Quarterly Intelligence Report.
The
industry milestone reflects growing participation in retail trading markets,
with total global active accounts reaching
5.68 million during the second quarter. This figure excludes Japan and
represents continued momentum from the previous quarter when the industry first
crossed the 5 million account threshold.
XTB
maintains its position at the top of the rankings with 750,000 active accounts,
though the Polish broker’s published figures include all account types,
including both active and passive accounts, as well as share trading accounts.
The actual CFD account numbers might be considerably lower.
Newcomer Secures
Runner-Up Position
In the latest edition, we added a new broker to our list, and it quickly stood out, taking second place in terms of active clients. Doo Prime completed the top three.
Want to see
the full list of brokers surpassing the 100,000 threshold and learn their
figures, along with dozens of other CFD brokers analyzed by Finance Magnates
Intelligence? Download our Quarterly Industry Report now for a
comprehensive review of the industry in Q2 2025.

MetaTrader Platforms Drive
Volume Growth
The higher
number of active CFD traders also translated into more transactions on the most
popular platforms. MT4/MT5 experienced substantial volume increases,
reaching $16.36 trillion in average monthly trading volume, up from $12.9
trillion in the previous quarter. The platforms now account for 69% of total
retail FX/CFD volumes globally.
IC Markets
led the MT4/MT5 volume rankings with most of the trades executed on MT4.
Despite the global popularity of these platforms, their usage in Japan remained
limited, accounting for only a small fraction of total FX volume in that
market.
The data
reveals increasing concentration among leading players, with the top eleven
brokers representing a significant portion of global retail CFD activity.
Detailed
broker volumes, client numbers, and insights into how the global CFD industry
is evolving are available each quarter in the Finance Magnates Intelligence
Report. Get your digital copy today!
The retail
CFD industry witnessed another period of expansion in Q2 2025, with eleven
brokers now exceeding 100,000 monthly active accounts, according to data from
the latest Finance Magnates’ Quarterly Intelligence Report.
The
industry milestone reflects growing participation in retail trading markets,
with total global active accounts reaching
5.68 million during the second quarter. This figure excludes Japan and
represents continued momentum from the previous quarter when the industry first
crossed the 5 million account threshold.
XTB
maintains its position at the top of the rankings with 750,000 active accounts,
though the Polish broker’s published figures include all account types,
including both active and passive accounts, as well as share trading accounts.
The actual CFD account numbers might be considerably lower.
Newcomer Secures
Runner-Up Position
In the latest edition, we added a new broker to our list, and it quickly stood out, taking second place in terms of active clients. Doo Prime completed the top three.
Want to see
the full list of brokers surpassing the 100,000 threshold and learn their
figures, along with dozens of other CFD brokers analyzed by Finance Magnates
Intelligence? Download our Quarterly Industry Report now for a
comprehensive review of the industry in Q2 2025.

MetaTrader Platforms Drive
Volume Growth
The higher
number of active CFD traders also translated into more transactions on the most
popular platforms. MT4/MT5 experienced substantial volume increases,
reaching $16.36 trillion in average monthly trading volume, up from $12.9
trillion in the previous quarter. The platforms now account for 69% of total
retail FX/CFD volumes globally.
IC Markets
led the MT4/MT5 volume rankings with most of the trades executed on MT4.
Despite the global popularity of these platforms, their usage in Japan remained
limited, accounting for only a small fraction of total FX volume in that
market.
The data
reveals increasing concentration among leading players, with the top eleven
brokers representing a significant portion of global retail CFD activity.
Detailed
broker volumes, client numbers, and insights into how the global CFD industry
is evolving are available each quarter in the Finance Magnates Intelligence
Report. Get your digital copy today!

- 2822 Articles
- 86 Followers
Damian’s adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
- 2822 Articles
- 86 Followers
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