Disclosing customers' profit and loss status?! FOREX EXCHANGE "My MT4"

The other day, I had the opportunity to meet with Mr. Rikio Shima and a colleague from his days at the financial institution.

At that gathering, when looking at FX profit and loss aggregated by country or region, I heard that Hong Kong was in the black, while other countries and regions were in the red, and among them Japan's losses were particularly large.

Japan once had a large share even among the world's retail FX, and many investors engaged in FX, but there is a background that many people start FX after seeing advertising, including TV, without studying much.

After such a discussion, we heard from FOREX EXCHANGE's President Kitami that they had calculated the net profit and loss for all customers using the EA on their FX account, 'Ore no MT4'.

'Ore no MT4' EA trading: Customer Profit and Loss Status

This table shows that in January, customers modestly increased their margin by 4.36%.

In February, it decreased by 7.17%. In March, it decreased by a substantial 32.65%.

However, in April it succeeded in increasing by as much as 258.20%, indicating that customers were winning quite a lot.

According to President Kitami, FOREX EXCHANGE does not internally offset customer trades (matching buys and sells to prevent them from going to the interbank market) at all, and the company earns revenue from the spreads on customers' trades.

Video of President Kitami

written by Hayakawa