Do not invest more money than you can afford to lose.
Japanese forex brokerage house GMO Click Holdings (TYO:7177) said on Friday its subsidiaries GMO Click Securities and FX Prime both saw their preliminary forex trading volumes on the decline in December 2016 after a very strong November. However, the two brokers’ metrics were vert strong, especially if compared to the same month in 2015.
The over-the-counter (OTC) forex trading volume of GMO Click Securities fell 17.2% over the month to nearly JPY 109.8 trillion last month. Despite the monthly drop, still the figure is the third largest in H2 of the year. The figure, however, represents a jump of 41.7% if compared on an annual basis.
FX P rime’s trading volume, on the other hand, stood at some JPY 11.5 trillion in December, which is down by a monthly 3% and a represents a growth of 80% from the same month a year earlier.
The two brokers also saw the number of their forex trading accounts grow to their highest last month. The forex OTC accounts opened with FX Prime numbered 169,940 in December, up 0.3% on the month, while those with GMO Click Securities were 466,630, up by a monthly 0.7%. GMO Click Securities also handled 359,678 TFX Click365 accounts (for exchange-traded forex), 303,872 brokerage accounts, 168,796 binary options accounts, and 61,388 contracts for difference (CFDs) accounts.
In addition to GMO Click Securities and FX Prime by GMO Corp., the GMO Click group also includes Hong Kong-based GMO-Z.com Forex HK and GMO-Z.com Bullion HK, and London-based GMO-Z.com Trade UK.