Fazzaco Reports: Client Account Profit/Loss Ratio of 29 Brokers in November 2024

Fazzaco collected the data of profit/loss ratio of client accounts from 29 brokers in November 2024. The specific data are shown in the table below:

Among the 29 brokers this month, an average of 28.36% of client accounts achieved profits, while 71.64% of client accounts suffered losses. Compared with the average data in October 2024, the winning rate of client accounts increased by 0.4%.

Among them, Hantec Markets and Admirals both ranked first with a 39% profit rate of client accounts. Gildencrest Capital comes right after with a 36.07% profit rate. Followed by TradeView Markets and FXCM, both fall at a 36% profit rate.

Other brokers that have 30% or more of client accounts winning money include Earn (33.42%), ADSS (33%), as well as City Index, CMC Markets, Markets.com and IG Group (31%); FXDD (30.3%), and Valutrades (30%).

The highest loss rate of client accounts went to Capital Index, with 84.58 out of every 100 clients losing money. In addition, Capital.com (82.67%), FxPro (82%), and Plus500 (80%) all had 80% or more of client accounts losing money.

From the table above, it can be seen that compared with October 2024, among the 29 brokers this month, 6 have seen lower client accounts losing rate (marked green), while only ! saw higher losing rate (marked red). Admirals saw a 6% reduction in their losing rate, which is the highest.

In terms of year-on-year, compared with November 2023, among the 28 brokers (excluding TradeView Markets), a total of 15 had a lower year-on-year loss rate (marked green), 10 brokers had a higher year-on-year loss rate (marked red), and the rest remained unchanged. Among them, the brokers with significant changes include: Valutrades (down 14.90% year-on-year) and JFD Brokers (up 6.04% year-on-year).