Do not invest more money than you can afford to lose.
The Japanese forex brokerage group GMO Click Holdings (TYO:7177) reported record high over-the-counter (OTC) forex trading volumes for February 2016, totalling JPY 161 trillion. This is a 18.3% increase from January 2016‘s JPY 136.1 trillion.
GMO Click Holding’s subsidiary GMO Click Securities reported an OTC forex volume of JPY144.2 trillion while the other, the FX Prime by GMO Corp forex broker – JPY 16.8 trillion.
GMO Click Securities had a total of 433 076 OTC forex accounts, 53 982 of CFD accounts and 159 248 of binary options accounts. The overall customer assets, including the brokerage (281 989) and the TFX Click 365 accounts (numbering 325 035), amounted to a little less than JPY 683 trillion. This is 1.6% less than in January 2016 and has been decreasing since November 2015.
At the same time FX Prime had 167 699 OTC forex accounts.
Earlier today, a major competitor of GMO Click on the Japanese forex broker market, Monex Group, also reported record trading volume results.
In addition to GMO Click Securities and FX Prime by GMO Corp., The GMO Click group also includes Hong Kong-based GMO-Z.com Forex HK, GMO-Z.com Bullion HK, and London-based GMO-Z.com Trade UK.
Through its subsidiaries it offers online trading of forex, CFDs and precious metals. It also provides various financial instruments to retail investors. Another subsidiary of GMO Click Holdings, GMO Internet, provides internet infrastructure, online advertising and media and mobile entertainment.
