FCA-Regulated Forex Brokers Are Declining — 31 Platforms to Avoid
As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.
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Abstract:The CLS Group, a prominent forex market settlement provider, has released trade numbers for March 2022, revealing aa considerable rise in demand for all trading products.

It ended the month with an ADV of $2.125 trillion.
The demand for all of its FX instruments skyrocketed.
The CLS Group, a prominent forex market settlement provider, has released trade numbers for March 2022, revealing aa considerable rise in demand for all trading products.
For the month, the platform's overall average daily traded volume was $2.125 trillion. On both a year-over-year and month-to-month basis, this statistic increased by 7%. CLS reported a February 2022 total of $1.982 trillion and a March 2021 total of $1.985 trillion.
Overall volumes across all instruments grew year on year, stated Keith Tippell, Chief Product Officer at CLS. This is also true for month-to-month comparisons.
CLS divides its forex market products into three categories: forward, swap, and spot.
The demand for FX swaps outweighed the demand for the other two products. This instrument's average daily traded volume was $1.45 trillion, 6.6 percent higher than the previous month and 5.1 percent higher than March 2021.
Last month, the average daily traded volume for FX spot and future contracts was $550 billion and $125 billion, respectively. Demand for spot instruments increased by 13% year on year, while supply increased by 5%. Demand for forward and spot instruments rose by 15.7% and 7%, respectively, in February 2022 compared to the same month last year.
Last month, forex trading volumes reached new highs, both institutional and retail, and they reached new highs last month. Some platforms said that it was one of the finest months in their history.
Exness, a retail trading platform based in Cyprus, surpassed all records by completing March with $2.48 trillion in total trading volume. Furthermore, Saxo Bank recorded a 35% increase in monthly FX trading volumes.
Cboe FX Markets completed March as the second-best month in terms of institutional trading volumes, with $1.02 trillion. FXSpotStream also saw a big rise in monthly average daily trading volume, which reached $70.1 billion.

Disclaimer:
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As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.

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