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Profitable and Losing clients percentages per broker

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  • Profitable and Losing clients percentages per broker

    New ESMA regulations forced brokers to be more transparent about their loss statistics. The results are fascinating

    the original by FM https://www.financemagnates.com/fore...nts-post-esma/

    attachment.php?attachmentid=2948202&d=1534497004.jpg

  • #2
    Data is now out in the open thanks to ESMA but all they are saying is this many percent of clients are loosing money. Since when? Since forever? Or this year? Since new rules kicked in?

    If they publish something at least they should do it right.

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    • #3
      Originally posted by primi View Post
      Data is now out in the open thanks to ESMA but all they are saying is this many percent of clients are loosing money. Since when? Since forever? Or this year? Since new rules kicked in?

      If they publish something at least they should do it right.
      It is a very interesting post still though.
      Also, doesn't affect me as I trade with JAFX.

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      • #4
        If you're trading with JAFX in the US keep in mind that the CTFC is suing them and it's unclear whether they will continue working in the region.

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        • #5
          Originally posted by mlawson71 View Post
          If you're trading with JAFX in the US keep in mind that the CTFC is suing them and it's unclear whether they will continue working in the region.
          I am in the UK trading with them, thank you for the heads up though but they are fine for me.

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          • #6
            Originally posted by ForexandCrypto View Post

            I am in the UK trading with them, thank you for the heads up though but they are fine for me.
            You're welcome. I doubt there'll be any consequences for you as a trader if you're trading with them in the UK, but the American traders may not be able to trade with them anymore. The CTFC recently sued Tallinex too, for the same thing, and they had to exit the US market.

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            • #7
              Originally posted by mlawson71 View Post

              You're welcome. I doubt there'll be any consequences for you as a trader if you're trading with them in the UK, but the American traders may not be able to trade with them anymore. The CTFC recently sued Tallinex too, for the same thing, and they had to exit the US market.
              Yes I shall continue using JAFX in the UK, but again thanks for your comments.

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