43% of FXOpen clients are profitable


Almost a year has passed since the new rules for European brokers working with private traders entered into force. The Finance Magnates editors analyzed how the profitability indicators of retail broker clients changed.

Profitability rates

As you can see from the chart below, the spread of values ​​is very large. Some brokers managed to keep customers who earned more than a year ago. And some brokers failed. However, 17 brokers out of 35 improved their indicators.

43% of FXOpen clients are profitable

Client profitability rates

In particular, FXOpen broker lead in the table in terms of profitability of its clients this year, having increased the rate from 22% to 43% in a year. In total, 9 brokers reported that the profitability of retail traders did not change and another 9 reported a deterioration in performance. On average, the profitability of retail customers rose to 25.1% compared with 23.5% in a previous year.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Latest from Brokers and Accounts

How Forex Brokers Make Money Why Forex Traders Lose Money Forex Arbitration Claim: How Trader Can Prove His Right Why Did I Get Slipped? Forex Slippage FX Aggregator: complex software system explained in simple words

Latest articles

Forex Analysis

Exchange Rates Consolidate at the Beginning of the Week

Trading participants continue to evaluate the prospects for a change in the US Federal Reserve's monetary course against the backdrop of the publication of the minutes of the January meeting. Officials reiterated their cautious stance on lowering borrowing costs and,

Financial Market News
Forex Analysis

The US Continues to Trump the Euro Economy on Key Metrics, But What Is Next?

A clear measure of public confidence in a national economy, as well as the ability to access a key component of it, is how many new homes are being sold compared to previous months. There are a number of important

Forex Analysis

NZD/USD Technical Analysis: Bearish Start To News-heavy Week

After 8 consecutive days of growth, the price of NZD/USD is forming a bearish candle this morning, thereby indicating possible concerns among market participants at the beginning of a week full of important economic news: → On Wednesday, at 4:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.