GMO Click's Number of Losing Binary Accounts Crosses over 80% in April
- Figures from the Japanese online trading giant reveal interesting data not available in other regions about binary options success levels.
Japan's largest online Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term brokerage, GMO CLICK Securities, has just posted a couple of binary options related metrics for the month ending in April 2015, showing that more traders lost money during April than the previous month.
For GMO Click's Ladder Options, the legal type of options available in Japan, the total transaction amount, as a percentage of the total client payment amount reached 95.16% in April 2015. This figure is not surprising as people only deposit funds in order to trade and therefore remains constantly over 95% as the months go by.
A more relevant figure released by GMO Click is the transaction proportion of loss occurrence, meaning the number of accounts whose total monthly income has become negative. This data point shows that 80.31％ of binary options accounts lost money in April 2015.
The figures from the Japanese Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term giant reveal interesting data not available in other regions of the world about binary options success levels. As we can see from the chart, for the last twelve month traders consistently lost above 70% of their money. While this does not guarantee that the broker profited every month, as it is possible that the +20% of profitable traders made more money than the -80% who lost, it is a reliable indicator of that.
As of today, there has been only one month when more binary options trading accounts finished with a positive outcome over a negative outcome. That was in March 2011, when GMO Click launched the service, with 48.12% of accounts losing money.
GMO CLICK's forex trading volumes reached in April 2015 was ¥111.49 trillion. This is the lowest FX volume for GMO CLICK in the last six months and well below January’s high mark.
Japan's largest online Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term brokerage, GMO CLICK Securities, has just posted a couple of binary options related metrics for the month ending in April 2015, showing that more traders lost money during April than the previous month.
For GMO Click's Ladder Options, the legal type of options available in Japan, the total transaction amount, as a percentage of the total client payment amount reached 95.16% in April 2015. This figure is not surprising as people only deposit funds in order to trade and therefore remains constantly over 95% as the months go by.
A more relevant figure released by GMO Click is the transaction proportion of loss occurrence, meaning the number of accounts whose total monthly income has become negative. This data point shows that 80.31％ of binary options accounts lost money in April 2015.
The figures from the Japanese Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term giant reveal interesting data not available in other regions of the world about binary options success levels. As we can see from the chart, for the last twelve month traders consistently lost above 70% of their money. While this does not guarantee that the broker profited every month, as it is possible that the +20% of profitable traders made more money than the -80% who lost, it is a reliable indicator of that.
As of today, there has been only one month when more binary options trading accounts finished with a positive outcome over a negative outcome. That was in March 2011, when GMO Click launched the service, with 48.12% of accounts losing money.
GMO CLICK's forex trading volumes reached in April 2015 was ¥111.49 trillion. This is the lowest FX volume for GMO CLICK in the last six months and well below January’s high mark.