Do not invest more money than you can afford to lose.
Japanese forex trading holding company GMO Click Holdings (TYO:7177) said on Wednesday the trading volumes of its units GMO Click Securities and FX Prime continued to fall in March 2017. Both brokers posted a five-month low.
GMO Click Securities had a trading volume of JPY 88.4 trillion last month, posting a drop of 9.2% month-on-month and 18.8% over the year. The broker’s clients operated 478,009 over-the-counter (OTC) forex accounts in March, as well as 371,216 TFX Click365 accounts (for exchange-traded forex), 311,078 brokerage accounts, 172,054 binary options accounts, and 63,754 contracts for difference (CFDs) accounts.
FX Prime’s trading volume fell by a monthly 6% to JPY 9.2 trillion in March. The figure, however, represents an increase of 18.7% from a year earlier. At the end of the period, the broker handled 171,804 OTC forex accounts.
Also on Wednesday, Monex Group reported a DARTs of 257,717 in March, also posting a five-month low. Its subsidiaries Monex Inc. and TradeStateion Group had March DARTs of 157,294 and 101,121, respectively.
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.