The results of mForex customers are not much below the industry average

mForex, more precisely mBank Brokerage House, as the last Polish Forex broker published quarterly statistics on the results achieved by its clients. The results are not surprising, although they are slightly below average.

Worse than the average and downward trend

Last week we gave the results of all Polish DM (except for mForex), where the average profitability of traders was 35%. In the case of mForex it was exactly 34,3%. In the previous quarter, the broker could boast about a score of around 1% higher. However, it is difficult to talk about observing any disturbing phenomena with such a small discrepancy.

The table below presents the percentage of accounts divided into all groups of assets. As with other brokers, traders trading on CFDs based on interest rates and bonds (45,83%) perform best. Nevertheless, one can again assume that a good result is the result of a very small sample resulting from the low popularity of these instruments among Forex traders.

Traders achieved very good results on commodities and indices (values ​​close to the leader), however, they fared much worse on CFDs on stocks (close to the lowest values ​​- Noble Securities, 25%).

The results presented by other Polish brokerage houses can be found in a separate article.