IG Securities: 75% of binary options traders lost money in February

IG Securities: 75% of binary options traders lost money in February

- in All News, Binary Brokers
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IG Securities, the Japanese subsidiary of UK’s IG Group (LON:IGG), released data on its monthly performance in binary options trade for February 2016.

The data shows that three quarters of the IG Securities clients who traded in binary options lost money:

February 2016

January 2016

Financial instrument

Profit/Loss Ratio¹

Loss Customers Ratio²

Profit/Loss Ratio¹

Loss Customers Ratio²

FX Ladder

96.9%

75.2%

96.6%

75.7%

FX One Touch

85.3%

76.9%

114.7%

64%

Indicies

93.4%

71.9%

95.8%

68.9%

Commodities

76.4%

78.6%

84.2%

65.7%

¹The 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.

²The number of traders with negative P&L, divided by the total number of active traders, multiplied by 100

IG Securities offers trading in forex, CFDs and indices. It is also one of the eight regulated binary options brokers in Japan, along with GMO Click Securities, Traders SecuritiesFX Prime by GMOJFXYJ FXHirose FX and FX Trade Financial.

Earlier today GMO Click Securities also released its February binary options trading data, while the rest are yet to do so.

The summary data of the regulator Financial Futures Association of Japan (FFAJ) for January shows that it was a good month for the binary options brokers in Japan. They posted a 29% increase in trading volume, from a total of 13 703 active trading accounts. 

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