Forex Brokers' Share Price Performance
The latest on share price performance of major forex firms shows CMC Markets in the lead, up 34% since January 2019, followed by IG Markets' 20% and Swiss Quote at 9%. The % share performances of each of XTB, Gain Capital and Plus500 are all in in red. Since January 2018, the picture is very different. Swiss Quote leads with a 23% gain, followed by Plus500 at 0.12%. All the others are in the red, with Gain Capital (-57%), XTB (-10%), CMC and IG (-5%) and Plus500 (+0.4%).
Tightening regulations such as Mifid in Europe have certainly had an impact, explaning the tale of two performances in 2018 and 2019.
Feb 21, 2020 13:14 | by Ashraf LaidiIn a phase when unwinding of carry trades and risk-repositioning dominate FX markets, beware from excessive divergence from the data.
Feb 19, 2020 11:43 | by Ashraf LaidiCMC Markets' share price performance maintains the lead among major forex brokers since our last update six weeks ago.