Exclusive: Clients Profitability of 36 Retail Brokers, Max Loss Hits 91.24% in November

Fazzaco has collected a total of 36 retail brokers' data from November 2022 to see the dealings of brokers and retail traders.

As you can learn from the chart, the average winning rate is 26.53% and the average losing rate is 73.47%.

Blackwell Global ranks number one for 56.67% winning ratio. TeraFX is in second place with 40.66% winning rate. Other brokers in the top 5 are also notable: FXOpen(40%), ThinkMarkets (39.7%), and Darwinex (37%).

Brokers like iFOREX Europe (previously Vestle), Capital Index, One Financial Markets, XTB, GBE brokers, Admirals and Markets.com are still shown over 80% losing ratio.

*The actual loss ratio for Swissquote in October 2022 and November 2021 is 74-89%, with the average values applied in the table above.

It can be seen from this table that among the 36 brokers, six brokers have higher lossing ratio, six have lower, and other brokers keep the same lossing ratio.

GBE brokers' lossing ratio rose to 81.65%, 10.52% higher than the prior month's 71.13%. By contrast, Swissquote reports a 9.5% MoM decline in lossing ratio in November.

Of particular note was the yearly change in the data for Blackwell Global and One Financial Markets. 

The lossing ratio of Blackwell Global was 76.4% in November 2021, showing a YoY decrease of 33.07% compared with 43.33% in November this year. In sharp contrast to this, One Financial Markets' lossing ratio improved the most, from 64.2% in November 2021 to 82.4% in November 2022.