Jump to content
Sign in to follow this  

Loss Scores

Recommended Posts

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.

FxPro2140557945_losefxpro.thumb.PNG.650f13bdc129d0886f028d784ab16183.PNG

FXCMlose1.PNG.e74687e757a25afc11b6da67577105eb.PNG

IGlose2.PNG.facd6f48c536bce1ac69d53ac116a936.PNG

Saxolose4saxo.PNG.fbd96fff692e9080342a0b2663a3a0ce.PNG

Citi index947470792_lose5citiindex.PNG.cb8dacb68cfb6900b6043c8c1d6a7d65.PNG

CMClose6cmc.thumb.PNG.df2b10333113a396b81810888b6cdbd0.PNG

Share this post


Link to post

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. 

Screenshot from 2018-08-09 17-16-36.png

Share this post


Link to post

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

Share this post


Link to post

Possible reasons for the differences? - List:

 

lose1.thumb.PNG.2ed6098e32ff5e709218b946552d9e5c.PNG

 

 

 

 

 

 

 

Share this post


Link to post

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×
×