Capital.com reported $1.13 trillion in client trading volumes for Q2 2026, down from $1.27 trillion in Q1, as total executed trades plunged 23.2% quarter-on-quarter to 34.9 million. However, average trade size jumped 16% to $32,418, indicating traders placed fewer but significantly larger positions during the April-to-June period.
Gold remained the dominant asset at 42.4% of quarterly volume, down from its 59% share in January when prices hit record highs. The quarter unfolded in three distinct phases: April’s Strait of Hormuz closure drove energy and metals trading; May saw the lowest monthly volume at $369.4 billion as Middle East tensions eased and equity markets rallied; June brought gold back toward $4,000 per ounce amid expectations of further US rate hikes.
The US Tech 100 captured 25.9% of Q2 volume, followed by WTI Crude at 7%. Regionally, the Middle East dominated with 57.2% of platform activity.
FXnCO Insight
Declining trade frequency paired with rising position sizes suggests institutional-style caution is replacing retail momentum as volatility patterns shift across asset classes.
Source: Finance Magnates