Monthly Final for May 2022
While stock indexes and crypto currencies are crashing is all markets, Euronis keeps working only to finish the month with mixed results across all brokers.
This months ‘outperformer’ is IC Markets, which has been the ‘underperformer’ for months. Fusion Markets which was ‘outperforming’ and continues to slide to the downside.
This month is the reason we always advise having your capital working in multiple brokers.
Lets talk about XM Global, the darling of 2021, this broker while not always stable, has performed well in the long run +550%. Last month it was flat until the last week where drawdown came and it could not fight its way back. If history is any indicator, XM will come back and then some.
FXOpen – the broker we have used since 2009 and we still favor, performance here is ‘just ok’ but it is stable. It might not be the best but it is also far from the worst.
Summer months are slow while all the billionaires are on their yachts burning money as only rich people can.
Performance chart below:
May 2022 Performance Gain
No Data Found