Nearly 80% of the Polish retail forex traders have lost money in 2016, while approximately 20.7% have actually made a profit, shows a report of the country’s Financial Supervision Authority (KNF). The report is based on data submitted to KNF by the brokerage houses operating in Poland and the results are much similar to those in other European countries. The methodology is based on the customer’s balance at the end of the year and covers all classes of derivatives. In its statement, the regulator notes that the data covering shorter periods – quarters, to be precise – shows a higher percentage of profit-generating ... (full story)