70-80% of active clients suffered a forex loss in 2021
20:26
Almost 70-80 percent of active clients (Polish and foreign residents) suffered a loss on Forex transactions in 2021. The Office of the Financial Supervision Authority (UKNF) reported that the average result per client still represented a loss.
"In 2021, the total value of losses incurred by loss-making clients was almost three times the total value of gains made by profitable clients," UKNF reported.
Among Polish resident forex clients, the average profit per client was PLN 14,495 in 2021 vs. PLN 18,383 a year earlier, while the average loss per client was PLN 17,149 last year vs. PLN 21,761 in 2020.
UKNF data shows that in 2021, retail clients accounted for the vast majority of investors transacting in the forex market through domestic brokerages and brokerage houses, with a 99.6 percent share in the number of active clients and 83 percent share in the nominal value of transactions.
