This article collected a total of 36 brokers' customer account profit and loss ratio data in February 2023, as detailed in the following table:

Among the 36 brokers, a total of 26.75% of client accounts made a profit this month, while 73.25% suffered a loss.

Blackwell Global ranks first with 56.67% of customer account profitability. FXOpen followed suit, with an account earning 40 percent. Other brokers in the top 5 for account profitability were ThinkMarkets (39.7%), Swissquote (38%) and Darwinex (37%).

iFOREX Europe had the highest percentage of losses, with almost 89 per 100 clients losing money and only 11 making a profit. Capital Index, FxPro, Plus500, One Financial Markets, XTB, GBE brokers and Admirals have all lost more than 80 per cent of their clients' accounts.

*Swissquote's actual customer account loss rate for February 2022 is 74-89%, the average in the table above.

As can be seen from the above table, compared to January 2023, a total of 2 broker client accounts have become more loss-making ratio, 11 broker client accounts have improved their loss-making ratio, and the remaining broker client accounts have not changed their profit/loss ratio. Compared to February 2022, a total of 21 brokers' customer account loss ratios increased this month, and 10 brokers' customer account loss ratios decreased.

Notably, Swissquote's customer account loss ratio fell to 62.00% from 81.50% a year ago, a decline of 19.50% year-on-year. The loss ratio of customer accounts at One Financial Markets rose to 82.70% from 64.60% a year ago, an increase of 18.10%. In addition, TeraFX's customer account loss rate increased by 18.04% year over year.