Loss Scores

[Caseynotes]

One of the more stupid ESMA rulings was the introduction of a broker declaration of percentage of clients losing money. I say stupid because any basic search would have come up with a industry wide figure of around 85%, most know this and most know they will probably blow their first and maybe second accounts anyway.

Also, it's a bit like a table of surgeon's results, if you want to be top of the table don't take on the higher risk patients.

And so that is how it's turning out, the industry standard for taking all comers is around 79% while firms who choose to be a bit more selective come out with slightly better figures;

Would be interesting to see if anyone spots a broker wildly outside this range.

FxPro

FXCM

IG

Saxo

Citi index

CMC

[LeoTrader]

eToro has the lowest percentage of losing clients that I've seen so far. 65% doesn't sound as bad if you think of it as 1 in 3 clients are in profit, especially when compared to the '90% of retail traders are losers' figure so often bandied about. Maybe there actually is some value in automatic copy trading. 

[Guest PandaFace]

I’d love to hear the percentage for regular share dealing accounts... altho people just sit on their losses with that so you’d need to snapshot everyone’s running PnL and net acc value

[Caseynotes]

Possible reasons for the differences? - List: