Do not invest more money than you can afford to lose.
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 Securities, FX Prime by GMO, JFX, YJ FX, Hirose 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.
