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.
Jun 22, 2023 16:46 | by Ashraf LaidiI mentioned last week on here on how and why both gold and USD are falling together. Since then, the trend accelerated alongside another detail.
Mar 17, 2023 21:28 | by Ashraf Laidi.
Jan 11, 2023 10:57 | by Ashraf LaidiIf the DAX40 maintains its habit of extending 13% above its 200 DMA, then current upside may extend to as high as 15300, just below the 76% retracement of the decline from the Jan 2022 high to...