Do not invest more money than you can afford to lose.
Invast Securities, a Japanese-based forex brokerage, reported on Tuesday its operating volume fell to JPY 238 million in May 2016, or the lowest since September 2014. The figure represents an annual decline of 16.2%, and a drop of 25.4% if compared to the previous month.
The broker’s client deposited margin stood at JPY 69.7 billion in May, compared to JPY 70.1 billion in April and JPY 68.9 billion in May 2015.
Following are more detailed about the broker’s monthly metrics since the beginning of 2016 (in JPY millions):
Meanwhile, GMO Click Holdings, another Japanese forex brokerage, posted earlier this week a group operating revenue for May of nearly JPY 2.4 billion, which is 1.7% lower than in April and 10.7% below a year earlier’s values.
Invast Securities, based in Tokyo, consists of a group of companies regulated by the Japanese Financial Services Agency (JSFA) and the Australian Securities and Investment Commission (ASIC). The company offers trading in forex and contracts for difference (CFDs).
Earlier on Tuesday, data published by the Financial Futures Association of Japan (FFAJ) indicated that the forex and binary options market in the country shrunk in May by double digits in terms of trading volume , both on a monthly and annual basis.
Source: Invast Securities
