Abstract:The performance of NordFX Brokerage's clients' trade transactions in May 2021 has been summarized. The three most efficient of them earned a total of more than $175 thousand dollars.
NordFX Brokerage company has summed up the performance of its clients' trade transactions in May 2021. The total income of the three most efficient of them exceeded 175 thousand USD.
The undisputed leader at the end of the month was a trader from China, account No.1546xxx, whose profit amounted to USD 81,648. This solid result was achieved on transactions with the British pound (GBP/USD), gold (XAU/USD) and euro (EUR/USD).
The second step of the podium with a result of 53,207 USD was taken by a representative of Vietnam, account No.1416xxx, who showed how to make money during market crashes. Their profit was mainly obtained from transactions with bitcoin (BTC/USD), the quotes of which fell by about 40% over the month.
The third place is a trader from Indonesia, account No.1506xxx, who earned 41,799 USD in May on gold transactions (XAU/USD).
In CopyTrading, one can mark the KennyFXPRO signal -The Compass. It has shown an increase of 108% since November 2020. At first glance, this is not such an impressive result (although it is ten times higher than the interest on bank deposits). But combined with a moderate maximum drawdown of 22%, this signal becomes quite attractive for subscribers who have invested over 45,000 USD in it.
In the PAMM service, the same trader, KennyFXPRO, also shows a good result, which may be interesting for investors who prefer moderate earnings with moderate risks. This manager has seen a 24% capital gain since the end of January with a maximum drawdown of 16%.
the largest commission of the month amounting to 6,568 USD was credited to a partner from India, account 1527xxx;
the second place is a partner from China, account No. 1522xxx, who received 4,146 USD;
and another Indian partner closes the top three, account No.1229xxx, with earnings of 3.975 USD.
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Pocket Option is considered a beginner-friendly trading platform, providing access to over 100 CFD instruments. Though not in an extensive range, 12 currency pairs, 10 cryptocurrencies, and stock indices are enough for focused and efficient trading. Particularly, forex trading starts at $10, perfectly fit for beginners' trading styles. Besides, Pocket Option provides a free demo account with virtual funds of $50,000 to give users risk-free practice. Though Pocket Option introduces commission-free option trading, they are less competitive in trading costs for other instruments.
The global financial landscape has been reshaped by two dominant trading markets: cryptocurrency and foreign exchange (forex). Each offers unique opportunities, risks, and rewards, leaving traders and investors divided on which market holds the upper hand. But when it comes to choosing between them, is there a definitive answer, or does it all boil down to personal preference and risk appetite?