When ESMA measures started mandating publishing the stats back in August 2018, the percentage of clients losing money was 69%.
3 months later, around october/november 2018, the percentage was updated to 73%.
And now, just recently, the percentage was increased once again and now we can read:
77 % of retail investor accounts lose money when trading CFDs with this provider.
While we only have 3 stats to compare, there seems to be a trend of significantly worse results... which honestly surprises me, given the lower leverage.
What do you think are the reasons for this? Is there anything that Darwinex could do about this?
It creates a bad public image that client outcomes are worsening, and that other brokers and social trading sites with a worse value proposition, conflicts of interest, and presumably less knowledgable userbase, have better stats.