Europe Accounts for 44% of Global FX/CFD Broker Search Interest in February 2026

Global online interest in FX/CFD brokers fell in February, down from a cyclical high of in January, as macro-driven search demand normalized across all major regions. Year-over-year growth of 33.5% signals continued structural expansion in broker visibility, while diverging fortunes among top brokers - led by OANDA's cross-regional dominance and Capital.com's aggressive pivot toward European markets - point to a rapidly shifting competitive landscape in Q1.

OANDA held its position as the most popular FX/CFD broker in every geographic region tracked by FM Intelligence in February 2026, commanding 36.1% of global broker online visibility. Yet behind the headline dominance, the competitive landscape shifted: broker-directed online interest fell 4.2% from January's volatility-driven peak, with only four of the 15 largest brokers gaining ground month-over-month. Forex.com rose 8.7% as the only top-tier brand growing in both the US and Canada. Capital.com's German visibility tripled in a single month while its US presence fell 60%. And Dukascopy, a Swiss-regulated broker that recorded just 177,000 in global visibility one year ago, posted a 285% year-over-year increase.