Results of November 2021: British Pound is "Favorite" Again

Results of November 2021: British Pound is "Favorite" Again

2 December 2021, 15:24
Sergey Ershov
0
127

NordFX Brokerage company has summed up the performance of its clients' trade transactions in November 2021. 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 leader by the end of the month was a trader from India, account No. 1596XXX, who earned USD 207,329 during the month. Such a solid profit was made on transactions with a variety of currency pairs, primarily with the British pound: GBP/USD and GBP/JPY. Other trading instruments of the leader include EUR/NZD, EUR/AUD, and AUD/JPY.

 - A client from Vietnam, account No. 1416XXX, occupied the bottom line with a result of 37,116 USD in the October TOP-3. A month later, in November, they improved their result more than four times, and climbed to the second step of the podium with a profit of 153,572 USD.

- The third place is taken by a trader from India, account No. 1560XXX, whose profit was obtained from transactions with GBP/USD and amounted to 56,254 USD.

The passive investment services:

- Two signals are currently highlighted in CopyTrading: USD Trading and GFS_FX. The first of them showed an increase of 408% in 43 days of life. 100% of transactions were conducted with the GBP/USD pair, which is favorite of many traders. Such a high result achieved in such a short period can attract many investors. However, the maximum drawdown of 47% indicates the need to be as careful as possible.

As for the second signal, GFS_FX, it looks less aggressive. It exists for a little more than six months (196 days) and brought a profit of 135% during this period. The bulk of transactions (more than 70%) is also related to the British pound: these are the GBP/USD, GBP/AUD, and GBP/JPY pairs. The maximum drawdown was 34%, so those wishing to subscribe to it should also be very careful.

The lifespan of these signals is rather short and is calculated in months. But, of course, there are long livers in the CopyTrading service. For example, signal MF989923. It has existed for about 7 years, and as a result, it showed an increase of 515%. The signal had serious drawdowns several times during this time, reaching 66%. However, this happened a long time ago for the last time, in March 2020. But trading has since become much less aggressive and less profitable.

- In the PAMM service, we have already mentioned the manager under the nickname KennyFxPro. They increased their capital by 56% on their KennyFXPRO-The Multi 3000 EA account in 10 months with a fairly moderate drawdown, less than 16%.

Among the IB partners, NordFX TOP-3 is as follows:

- the first position is still held by a partner from Vietnam, account No. 1258XXX, whose commission in November amounted to USD 8,447;

- the next, with a slight lag, is also a representative of Vietnam, account No. 1371XXX, with a result of 7, 225 USD;

- and, finally, the third step of the podium is taken by a partner from India, account No. 1504XXX, who received 6,523 USD as a commission.

***

And summing up the results of the month, it should be reminded that traders have received another great opportunity to earn money. NordFX has a Super Lottery for NordFX clients this year, where many cash prizes ranging from $500 to $20,000 will be drawn in just a month, on January 3.

It is very easy to take part in the lottery and get a chance to win one or even several of these prizes. All the details are available on the NordFX website.

https://nordfx.com/

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.

#eurusd #gbpusd #usdjpy #Forex #forex_forecast #signals_forex #cryptocurrency #bitcoin #nordfx