Invast Securities, a Japanese-based forex brokerage, said on Wednesday it posted a 56.7% monthly growth in operating revenue to JPY 373 million in June 2016. This is the second largest value since the beginning of the year and the first growth after three months of decline. Compared to a year earlier, the broker’s operating revenue posted a slight decrease of 1.6%.
Meanwhile, the broker’s deposited margin has been steadily posting a downward movement since October last year. In June, it amounted to JPY 67.4 billion, which is the lowest since late 2012.
Following are more detailed about the broker’s monthly metrics since the beginning of 2016 (in JPY millions):
Other forex brokerages are yet to publish their financial metrics for June.
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).
Source: Invast Securities