Do not invest more money than you can afford to lose.
Japanese forex brokerage Money Partners Group (TYO:8732) posted a preliminary consolidated operating revenue of JPY 559 million in February 2016, which represents a decrease of 3.5% over the month and a growth of 27% on an annual basis.
The group’s forex and contracts for difference (CFDs) trading volume amounted to nearly 96.3 billion in account base currencies. The broker did not provide a volume converted into a single currency.
Money Partners’s clients operated 274,164 in total at end-February and had more than JPY 60.2 billion deposited with the broker.The figures are flattish over the month, but represent a drop of 7.6% and 26.4%, respectively.
More details about the group’s monthly metrics follow:
| Feb 2016 | Jan 2016 | M/M change | Feb 2015 | Y/Y change | |
| Operating revenues (Million yen) | 559 | 572 | -2.3% | 440 | 27% |
| Foreign exchange trading volume (Currency in millions) | 96,278
| 92,445
| 4.1% | 87,835
| 9.6% |
| Customer accounts | 274,164
| 272,521
| 0.6% | 254,732
| 7.6% |
| Foreign exchange margin deposits (Million yen) | 60,224
| 60,316
| -0.2% | 47,653
| 26.4% |
In comparison, GMO Click Holdings, another Japanese forex brokerage, generated an operating revenue dropped under JPY 2 billion in February, while Invast Securities, another Japanese broker, reported its operating revenue went up by a monthly 7.8% to JPY 375 million
Tokyo-based Money Partners Group is a holding company which is comprised of forex and contracts for difference (CFDs) broker Money Partners and financial system development company Money Partners Solutions. It serves both retail and institutional clients.
Source: Money Partners Group
