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Forex Magnates Releases 2011 2nd Quarter Report
Forex Magnates is one of the top forex news sources on the web. The blog is owned by Michael Greenberg who is very passionate and knowledgeable about the FX industry as a whole. Each quarter him and his team publish an in-depth retail forex broker volumes survey. The one for this quarter is 65 pages of serious information. They are available for purchase here or you can preview the 2nd Quarter report here.
Although one may think these are expensive, our staff strongly feels the extensive amount of information and detail provided is well worth it for any size FX brokerage or industry member. Michael and his team do a thorough job of getting down to the nitty gritty in marketing expenses, trade volumes, and more. While some argue pieces of this data are easy to obtain, a vast majority of it is actually quite challenging to ascertain because it is coming from smaller forex brokers that do not publicly report it. We highly recommend at least taking a read of the first 10 pages and then you decide for yourself if it would be beneficial to your operation.
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