Do not invest more money than you can afford to lose.
Non-regulated forex broker AMarkets saw 37% of its clients gaining success in March 2016, the broker said on Tuesday. The success rate of clients with a deposits over $10,000 was 36%, very close to the overall success rate.
The broker said 52% of its clients ended March with trade balances within the range -$100 and +$100.
The trader with the largest profit in March saw a profit factor of 1.9 and a maximum drawdown of 13%. The trader placed 21 trades last month on major forex pairs and gold at a leverage of 500:1
In comparison, Forex Club, the second largest forex broker in Russia in terms of trading volume and accounts, reported a client success rate of 26% in March. The largest profit a single of its clients generated last month was $35,000.
AMarkets is among the top 20 forex brokers in Russia trading volume-wise. In 2015, it had an average monthly trading volume of $2.1 billion and 3,200 clients.
The broker offers trading in forex, metals, commodities, and contracts for difference (CFDs).
AMarkets, incorporated in Saint Vincent and the Grenadines, is a member of the Center for Regulation in OTC Financial Instruments and Technologies (CRFIN), a Russian self-regulatory organization, and the Financial Commission (FinaCom), a Hong Kong-based external dispute resolution (EDR) organization. It offers accounts under its UK-regulated partner ATC Brokers.
Source: AMarkets
