Tag Archives: profitability report
OANDA has knocked off InteractiveBrokers as the most profitable broker for traders in the Q2 US forex broker profitability report. Overall, customer performance increased but total trader numbers declined.
US retail forex brokers have issued their figures of client profitability and active account numbers for Q1 2014. During the quarter, 37.6% of traders were profitable, a 4.1% increase from Q4 2013.
Yesterday I showed here Interbank FX’s account profitability report which all brokers will now need to publicly submit to the CFTC as par of the new rules. I contacted IBFX asking to explain how exactly they calculate the number of …
Interbank FX sent this one to all its clients yesterday. Read and weep. Also scroll to the bottom to see the percentage of winning vs losing accounts. No surprise there. What’s surprising is that they show only about 18,000 accounts …