Do not invest more money than you can afford to lose.
Japanese forex trading holding company GMO Click Holdings (TYO:7177) said on Friday its subsidiaries GMO Click Securities and FX Prime both started 2017 strong with high preliminary trading volumes.
GMO Click Securities posted a trading volume from over-the-counter (OTC) forex operations of JPY 143.7 trillion in January, which is 30.9% higher than a month yearlier and16.4% up on the year. FX Prime also posted double-digit growth. Its OTC forex trading volume stood at JPY 15.6 trillion last month. The figure represents a monthly increase of 35.7% and an annual jump of 22.3%.
The two brokers also registered an increase in clients. In January, the forex OTC accounts opened with FX Prime slightly increased by 700 to 170,698, while GMO Click Securities handled 470,465 OTC forex accounts, or up by a monthly 0.8%. GMO Click Securities’ clients also operated 363,403 TFX Click365 accounts (for exchange-traded forex), 306,344 brokerage accounts, 169,917 binary options accounts, and 62,163 contracts for difference (CFDs) accounts.
Also on Friday, we informed you that Monex Group, another leading Japanese forex brokerage, handled in January daily average revenue trades (DARTs) from global operations of 273,641. The figure represents a slight increase of 1.6% from the preceding month and a drop of 23.9% over the year.
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.
