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US retail forex traders were less profitable in the first quarter of 2016 than at the end of 2015. During Q1, 35 per cent of traders were successful on a Weighted Average basis compared to 37.4 per cent in Q4 2015. Non-weighted calculations showed average client profitability of 32.5 per cent which was a 2.5 per cent decrease from the 35 per cent figure in previous calculation period.
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While profitability levels fell, traders flocked back into the market and opened new trading accounts. ... (read more)