YJFX!: 82% of clients lose money in ladder binary options trade

YJFX!: 82% of clients lose money in ladder binary options trade

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YJFX!, Yahoo! Japan Group’s (TYO:4689) forex and binary options broker, released on its website the February 2016 data the performance of its binary options trading business.

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) for ladder option was 91.65% and that for the range option was 99.6%. At the same time, 81.93% of customers in the ladder binary option trade and 68.48% in the range trade lost money.

In comparison, in January 2016 78% of traders in ladder binary options and 71.37% lost money.

 

February 2016

January 2016

Financial instrument

Profit/Loss Ratio¹

Loss Customers Ratio²

Profit/Loss Ratio¹

Loss Customers Ratio²

Ladder BO

91.65%

81.93%

94.9%

78.01%

Range BO

99.6%

68.48 %

98.6%

71.37%

¹ 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.

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

Earlier this week two other Japanese binary options brokers also reported their results for February – GMO Click Securities and IG Securities.

YJFX! offers retail and institutional trading in forex and binary options through its proprietary Cymo platform, as well as copy trading. Its owner, Yahoo! Japan has a wide array of businesses: from internet services, digital content distribution and advertising, cloud storage, insurance, loans and venture capital.


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