FxPro Trading Activity Analysis: January-February 2026

Top 20 Instruments by Trading Volume

The Dow Jones Industrial Average (#US30) leads all instruments with $165.14 million in trading volume, representing 44.88% of total activity through just 8 transactions. Gold maintains second position with $135.99 million across 37 transactions, demonstrating consistent trader interest. The Nasdaq 100 (#USNDAQ100) ranks third with $25.11 million. These top three instruments combine for 89.43% of all trading volume, indicating high concentration in major US indices and precious metals.

Detailed Analysis of Top 5 Instruments

#US30 (Dow Jones Industrial Average)

The Dow Jones CFD demonstrates the highest concentration of trading activity with the following characteristics:

• Total Volume: $165,140,227.87 (44.88% of total volume)
• Total Lots: 1,673.86
• Transaction Count: 8
• Average Transaction Size: $20,642,528.48
• Median Transaction Size: $77,262.67
• Largest Transaction: $124,619,555.87
• Smallest Transaction: $14,796.24

All #US30 trading occurred exclusively through MT5 accounts (100%), with a remarkable concentration pattern where the largest transaction represents 75.46% of the instrument’s total volume. The significant variance between median ($77,262.67) and average ($20.64 million) transaction sizes indicates the presence of a few extremely large positions alongside numerous smaller trades.

GOLD (Spot Gold)

Gold CFDs maintain strong second position with distributed trading across account types:

• Total Volume: $135,986,573.84 (36.96% of total volume)
• Total Lots: 138.42
• Transaction Count: 37
• Average Transaction Size: $3,675,312.81
• Median Transaction Size: $1,262,175.60
• Largest Transaction: $19,443,306.77
• Smallest Transaction: $9,531.06

Gold trading shows balanced account type distribution: MT5 accounts represent 50.4% of volume, RawSpreads accounts contribute 25.5%, and MarketExecution accounts account for 24.2%. This diversification suggests gold appeals across different trading strategies and execution preferences. The median transaction size of $1.26 million indicates consistent institutional-level engagement.

#USNDAQ100 (Nasdaq 100)

The Nasdaq 100 index CFD represents the second-largest index trading activity:

• Total Volume: $25,110,406.90 (6.82% of total volume)
• Total Lots: 491.11
• Transaction Count: 15
• Average Transaction Size: $1,674,027.13
• Median Transaction Size: $260,857.42
• Largest Transaction: $16,758,875.81
• Smallest Transaction: $43,461.42

MT5 accounts dominate Nasdaq trading with 88.3% of volume, while RawSpreads accounts contribute 9.9% and MarketExecution accounts 1.9%. The concentration in MT5 accounts suggests preference for this platform for tech-heavy index trading. The top transaction ($16.76 million) represents 66.75% of total instrument volume.

GOLDoz (Gold Ounce)

Gold ounce CFDs show concentrated high-value trading:

• Total Volume: $13,106,114.24 (3.56% of total volume)
• Total Lots: 13.21
• Transaction Count: 2
• Average Transaction Size: $6,553,057.12
• Median Transaction Size: $6,553,057.12
• Largest Transaction: $7,168,571.11
• Smallest Transaction: $5,937,543.13

All GOLDoz trading occurred through MT5 accounts (100%). With only 2 transactions averaging $6.55 million each, this instrument demonstrates highly selective usage by traders engaging in large-scale precious metals positions. Both transactions show similar sizing, indicating consistent positioning strategy.

SILVER (Spot Silver)

Silver CFDs round out the top 5 with diversified trading patterns:

• Total Volume: $6,735,862.83 (1.83% of total volume)
• Total Lots: 7.91
• Transaction Count: 15
• Average Transaction Size: $449,057.52
• Median Transaction Size: $102,981.45
• Largest Transaction: $2,252,248.45
• Smallest Transaction: $8,723.00

Silver trading shows account type distribution similar to gold: MT5 accounts represent 76.3%, RawSpreads 17.5%, and MarketExecution 6.2%. The significant difference between median ($102,981.45) and average ($449,057.52) transaction sizes indicates presence of several large positions alongside regular smaller trades.

Forex Market Analysis

Foreign exchange trading accounts for 3.77% of total volume ($13,848,736.24) across 78 transactions, with activity split between major and minor currency pairs.

Major Currency Pairs

Major FX pairs demonstrate clear preference for EUR and GBP pairs against USD, which combined account for 74.84% of major FX volume. EURUSD leads with $4.58 million across 14 transactions, closely followed by GBPUSD at $4.50 million. Average transaction sizes range from $3,631.93 (NZDUSD) to $374,924.23 (GBPUSD), with most major pairs maintaining transaction averages between $50,000-$375,000.

Minor Currency Pairs

Minor currency pairs represent $1,720,368.46 in trading volume across 13 transactions. Cross pairs involving EUR, CHF, and JPY dominate this category, with EURAUD leading at $847,711.44 and CHFJPY contributing $570,411.32. Average transaction sizes in minor pairs show significant variation, ranging from $2,940.90 to $423,855.72, suggesting these pairs attract both experimental smaller positions and focused larger trades.

Cryptocurrency CFDs

Cryptocurrency CFD trading totals $2,232,012.94 across 15 transactions. Bitcoin dominates crypto trading with 99.02% of category volume through 9 transactions averaging $245,567.72 each. Alternative cryptocurrencies (Solana, Ethereum, Cosmos, XRP) show minimal activity with combined volume under $22,000, suggesting Bitcoin remains the primary cryptocurrency trading instrument while other digital assets serve exploratory or diversification purposes.

Energy Products CFDs

Energy commodity CFDs represent $794,923.82 in trading volume. Brent crude leads with $478,914.29 (60.24% of energy category) through 4 transactions averaging $119,728.57. WTI crude contributes $257,580.78 across 5 transactions, while natural gas shows limited engagement with $58,428.75 in volume. The energy sector demonstrates consistent but modest trader interest compared to indices and metals.

Distribution by Account Types

MT5 accounts dominate trading activity with 77.93% of total volume through 163 transactions, averaging $1.76 million per transaction. RawSpreads accounts contribute 12.88% across 39 transactions with $1.22 million average size. MarketExecution accounts show the highest average transaction size at $6.76 million despite representing only 9.18% of volume through just 5 transactions. The cTrader platform shows minimal usage at 0.01% with 2 small transactions totaling $20,000. The concentration in MT5 accounts (77.93%) indicates strong platform preference, while the high average transaction size in MarketExecution accounts ($6.76 million vs MT5’s $1.76 million) suggests this execution type attracts larger-scale institutional trading despite lower transaction frequency.

Transaction Size Distribution

Transaction distribution reveals extreme concentration in large positions. Extra-large transactions (>$10 million) represent only 3.83% of all transactions but account for 68.46% of total volume. Large transactions ($1M-$10M) add another 25.15% of volume through 13.88% of transactions. Combined, these two categories (transactions above $1 million) represent just 17.71% of transaction count but 93.61% of total trading volume. Conversely, smaller transactions dominate by count: micro and small transactions (<$100K) comprise 55.02% of all transactions but represent only 0.83% of total volume. Medium-sized transactions ($100K-$1M) bridge the gap with 27.27% of transaction count and 5.56% of volume. This distribution pattern indicates a clear bifurcation between high-volume institutional trading and numerous smaller retail positions.

Trading Activity Concentration

Market concentration analysis reveals highly focused trading patterns:

• Top 5 instruments: $346,079,185.68 (94.05% of total volume)
• Top 10 instruments: $361,941,815.29 (98.36% of total volume)
• Remaining 42 instruments: $6,019,169.98 (1.64% of total volume)

The top 5 instruments (#US30, GOLD, #USNDAQ100, GOLDoz, SILVER) command 94.05% of all trading activity, with US indices (#US30, #USNDAQ100) and precious metals (GOLD, GOLDoz, SILVER) accounting for this concentration. Expanding to the top 10 instruments captures 98.36% of volume, leaving only 1.64% distributed across the remaining 42 instruments. This extreme concentration indicates clear trader preference for major US equity indices and precious metals, with other instruments serving primarily diversification or exploratory purposes. The 42 instruments outside the top 10 average just $143,313.57 in volume each, compared to the top 10 average of $36,194,181.53—a ratio of approximately 1:253.

Key Conclusions

Asset Category Dominance: US equity index CFDs and precious metals CFDs account for 95.34% of total trading volume, with #US30 alone representing 44.88%. This concentration reflects strong preference for major macro instruments with high liquidity and volatility. Instrument Concentration: Five instruments generate 94.05% of volume, indicating highly focused trading strategies. The remaining 47 instruments serve supplementary roles, collectively contributing only 5.95% of total activity. Account Type Preferences: MT5 platform dominates with 77.93% market share, demonstrating clear platform preference. However, MarketExecution accounts show highest average transaction size ($6.76 million vs MT5’s $1.76 million), suggesting different trader profiles across execution types. Transaction Structure: Trading activity exhibits extreme bifurcation: 3.83% of transactions (8 trades >$10 million) generate 68.46% of volume, while 55.02% of transactions (<$100K) contribute only 0.83% of volume. This pattern indicates simultaneous presence of institutional-scale and retail-scale trading. Forex Market Position: Currency trading represents modest 3.77% of total volume, with clear preference for EUR and GBP pairs against USD. Major pairs account for 87.58% of forex volume, while minor pairs show exploratory engagement. Emerging Markets: Cryptocurrency CFDs demonstrate growing but Bitcoin-concentrated interest (99.02% of crypto volume), while energy commodities maintain consistent niche presence at 0.22% of total volume.

---

Analysis Period: January-February 2026 Data Source: FxPro Partner Cabinet Export Total Volume Analyzed: $367,960,985.27 Transaction Count: 209 across 52 unique instruments Disclaimer: This analysis is based solely on aggregated trading volume data from the FxPro partner cabinet. All figures represent transaction volumes and do not include client identification, partnership details, rebate amounts, or payment information. This report is for informational purposes only and does not constitute trading advice or market predictions.