Exclusive: 7 Retail Brokers Among 37 See Monthly Clients Profit Rate Rise in October 2021

It's been more than a year since the outbreak of the COVID-19 pandemic, which brings a huge growth in trading volumes to a number of trading platforms and commodities. The pandemic is expected to have a huge impact on forex trading and financial markets for a long time.

Fazzaco has collected a total of 37 retail brokers' data from October 2021 to see the dealings of brokers and retail traders.

*The actual loss ratio for Swissquote and HYCM is 74-89%, with the average values applied in the table above.

As you can see from the chart, the average winning rate is 27.26% and the average losing rate is 72.74%.

FXOpen and Blackwell Global rank number one for a whopping 40% winning ratio. Saxo Bank is in second place with 39% winning rate. Other brokers in the top 5 are also notable: TeraFX (35.66%) and IG Group (34%).

Brokers like FxPro, Swissquote, Capital Index and HYCM are still shown over 80% losing ratio.

​*The actual loss ratio for Swissquote and HYCM in October is 74-89%, with the average values applied in the table above.

It can be seen from this table that among the 37 brokers, 3 brokers have higher lossing ratio, 7 have lower, and other brokers keep the same lossing ratio.

Of particular note was the change in the data for Vestle. Its lossing ratio improved the most, from 73.08% in September to 76.68% in October 2021. 

By contrast, Blackwell Global reports a 18.8% MoM decline in lossing ratio in October.