NordFX brokerage company has summed up the performance of its clients' trade transactions in the first month of 2022. The services of social trading, PAMM and CopyTrading, as well as the profit received by the company's IB-partners have also been assessed.
The maximum profit in January was received by a client from Vietnam, account No.1467xxx, whose profit amounted to 49.180 USD. This solid result was achieved thanks to transactions with gold (XAU/USD).
The second place in the ranking of the most successful traders of the month was taken by a client from China, account No. 1589XXX, who earned 39.151 USD on transactions primarily with the British pound (GBP/AUD, GBP/USD, GBP/JPY), as well as with such pairs as EUR /NZD, EUR/AUD, AUD/JPY.
The third place on the January podium went to another representative of Vietnam (account No. 1605XXX), whose result 36.880 USD was also achieved through operations with gold (XAU/USD).
The NordFX passive investment services:
We can also note the Hada signal this time, which has shown a profit of 53% in just 70 days of life with a drawdown of 21%.
The lifetime of the above-named signals is short, less than a year. In combination with a fairly serious maximum drawdown, this allows them to be classified as a group with a high degree of risk. But, of course, there are long-livers in the CopyTrading service. For example, signal MF989923. It has existed for almost 7 years, and it has shown an increase of 517% during this time. Note that this signal had serious drawdowns several times as well, reaching 66%. True, the last time this happened a long time ago, almost two years ago: in March 2020. But trading has since become much less aggressive and less profitable.
Among PAMM accounts, the TranquilityFX - The Genesis v3 account attracts attention as well. It exists for 303 days and has brought a profit of 47% during this time with a drawdown of 16%. NKFX - Ninja 136 is similar to the two previous accounts as well. Its lifespan is just over 200 days, growth is 36%, maximum drawdown is less than 15%.
It should be noted that in most cases, both traders and signal providers and PAMM managers ignored such a popular pair as EUR/USD in their work, making transactions either with gold (XAU/USD), or with pairs GBP/CAD, GBP/JPY, NZD/CAD, AUD/CAD and AUD/NZD.
Among the IB partners, NordFX TOP-3 is as follows:
Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.