76% of EU Traders Lose, Deutsche Profits from Turkish Crash – Best of the Week
Posted: Sat Aug 18, 2018 11:16 am
Analysis – 76.1 percent of customers of EU brokers lose money trading
Pan-European regulator ESMA introduced new laws for foreign exchange companies in August, which include many restrictions which are likely to harm their profits.
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One new obligation is that the firms reveal what percentage of their customers make and lose money. The primary goal of this new regulation is to put a halt on misleading advertising.
Which broker has the most winners and which has the most losers? Finance Magnatespresents the statistics of the top 30 European brokers for ... (read more)