GMO Click: 77.8% of binary options traders lost money in February

GMO Click: 77.8% of binary options traders lost money in February

- in All News, Binary Brokers
GMO Click group companies

GMO Click Securities, subsidiary of the Japanese forex brokerage group GMO Click Holdings (TYO:7177) released data on the February performance of the binary options traders on its platform. It was reported to the  Financial Futures Association of Japan (FFAJ), which collects monthly data from the regulated binary options traders in Japan.

The profit and loss ratio (the amount of the premium paid by the broker towards customers plus the payout amount, divided by the amount of the premium received from customers, multiplied by 100) posted a decrease from 99.16% in January to 96.1% in February.

At the same time the loss customer ratio (the number of traders with negative P&L, divided by the total number of active traders, multiplied by 100) in February was 77.81%, a little higher than the 77.17% in January.

According to the FFAJ report, in January the eight binary options brokers posted a 29% increase in trading volume, from a total of 13 703 active trading accounts.

Last week GMO Click Holdings reported record high over-the-counter (OTC) forex trading volumes for February 2016 from GMO Click Securities and from its forex broker  FX Prime by GMO.

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, binary options and precious metals. It also provides various financial instruments to retail investors.

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