Hello, I am trying to figure out what Oanda’s volume is in regards to the total global volume. I have used the following available information to try and guesstimate that number. If you have anything to add or see anything I could be overlooking please advise.
So far I have from Wikipedia & ForexMagnates
Global spot volume $1.6 Trillion
USA market share of all global products 19%.
1.6×19%=$320 billion
Number of Oanda accounts in USA, 22% of all national accounts.
320×22%=70.4 billion…