This article collected the profit and loss ratio data of customer accounts of 36 brokers as of November 2022, as shown in the table below:

Among these 36 brokers, a total of 26.53% of customer accounts achieved profits this month, while 73.47% of customer accounts suffered losses.

Blackwell Global ranks first with a customer account profit margin of up to 56.67%. TeraFX followed closely, with an account profit margin of 40.66%%. The top 5 brokers in terms of account profitability are FXOpen (40%), ThinkMarkets (39.7%), and Darwinex (37%).

In contrast, iFOREX Europe (formerly Vestle), Capital Index, One Financial Markets, XTB, GBE brokers, Admials, and Markets.com all have customer account loss rates exceeding 80%.

*The actual loss rates of Swissquote's customer accounts for October 2022 and November 2021 were 74-89%, which are the average values shown in the table above.

From the above table, it can be seen that compared to October 2022, the loss ratio of six brokerage customer accounts became higher in November 2022, and the loss ratio of six brokerage customer accounts improved, while the profit and loss ratio of the remaining brokerage customer accounts remained unchanged.

Among them, the customer account loss ratio of GBE brokers increased the most, with a month on month increase of 10.52%. In contrast, Swissquote's customer account loss ratio improved the most, with a decrease of 9.5% compared to the previous month.

Compared to November 2021, a total of 8 brokerage client accounts had lower loss ratios this month, while 22 had higher loss ratios. It is worth noting that Blackwell Global's customer account loss ratio has decreased from 76.4% a year ago to 43.33%, a year-on-year decrease of 33.07%. The customer account loss ratio of One Financial Markets increased from 64.2% a year ago to 82.4%, a year-on-year increase of 18.2%.

Source: FX110