Since there are a lot of threads dealing with the new ESMA restrictions an important aspect of the regulations is still missing in the discussions around.
EU brokers are forced to publish the percentage of retail client accounts losing money. I am presenting the official numbers summarized in this thread. Adding missing ones is much appreciated. I will try to keep the list updated, since brokers will update numbers over time as well.
Use these values with caution. They do NOT say anything about the amount a client is losing! Having ten 50 bucks accounts busted and one 10k account growing like hell still leads to horrible values here.
Nevertheless it is a big leap for transparency!
Activtrades = 80%
Admiral Markets UK = 85%
AxiTrader = 75%
Darwinex = 69%
Exness = 80%
Forex.com = 80%
FXCM = 79,79%
FXOpen UK = 78%
FxPro = 79% (former 85%)
FXTM = 89%
GKFX = 82%
Hotforex = 71.05%
IG Markets = 79%
JFD = 74%
Oanda = 77%
Pepperstone = 79%
Tickmill EU = 73,32%
Tickmill UK = 79,27%
XM = 69.45%
(August 2018)
How are the values calculated?
The risk warning shall include an up-to-date provider-specific loss percentage based on a calculation of the percentage of CFD trading accounts provided to retail clients by the CFD provider that lost money. The calculation shall be performed every three months and cover the 12-month period preceding the date on which it is performed (‘12-month calculation period’).
For the purposes of the calculation:
a. an individual retail client CFD trading account shall be considered to have lost money if the sum of all realised and unrealised net profits on CFDs connected to the CFD trading account during the 12-month calculation period is negative;
b. any costs relating to the CFDs connected to the CFD trading account shall be included in the calculation, including all charges, fees and commissions;
c. the following items shall be excluded from the calculation:
i. any CFD trading account that did not have an open CFD connected to it within the calculation period;
ii. any profits or losses from products other than CFDs connected to the CFD trading account;
iii. any deposits or withdrawals of funds from the CFD trading account;
EU brokers are forced to publish the percentage of retail client accounts losing money. I am presenting the official numbers summarized in this thread. Adding missing ones is much appreciated. I will try to keep the list updated, since brokers will update numbers over time as well.
Use these values with caution. They do NOT say anything about the amount a client is losing! Having ten 50 bucks accounts busted and one 10k account growing like hell still leads to horrible values here.
Nevertheless it is a big leap for transparency!
Activtrades = 80%
Admiral Markets UK = 85%
AxiTrader = 75%
Darwinex = 69%
Exness = 80%
Forex.com = 80%
FXCM = 79,79%
FXOpen UK = 78%
FxPro = 79% (former 85%)
FXTM = 89%
GKFX = 82%
Hotforex = 71.05%
IG Markets = 79%
JFD = 74%
Oanda = 77%
Pepperstone = 79%
Tickmill EU = 73,32%
Tickmill UK = 79,27%
XM = 69.45%
(August 2018)
How are the values calculated?
The risk warning shall include an up-to-date provider-specific loss percentage based on a calculation of the percentage of CFD trading accounts provided to retail clients by the CFD provider that lost money. The calculation shall be performed every three months and cover the 12-month period preceding the date on which it is performed (‘12-month calculation period’).
For the purposes of the calculation:
a. an individual retail client CFD trading account shall be considered to have lost money if the sum of all realised and unrealised net profits on CFDs connected to the CFD trading account during the 12-month calculation period is negative;
b. any costs relating to the CFDs connected to the CFD trading account shall be included in the calculation, including all charges, fees and commissions;
c. the following items shall be excluded from the calculation:
i. any CFD trading account that did not have an open CFD connected to it within the calculation period;
ii. any profits or losses from products other than CFDs connected to the CFD trading account;
iii. any deposits or withdrawals of funds from the CFD trading account;