Finally all US retail forex brokers have updated their profitability stats and the result is surprising - overall profitability is up. This is despite the very volatile quarter forex markets have experienced which typically leads to high losses to forex traders. Apparently forex traders coped with this volatility better than I had expected. Overall result is that most US forex brokers improved in profitability with FXCM jumping as much as 8% in clients’ profitability – perhaps with the removal of positive slippage. OANDA is now the most profitable broker with 35.5% of its clients being profitable in the past quarter. ... (full story)