We have prepared for you the results of FreshForex trading for the last spring month.
Typically, May is characterized by a decline in the trade volume which continues throughout the whole summer. However, FreshForex customers do not stop pleasing and surprising us with their achievements.
The most active client made 2,866 transactions within a month. He traded manually and preferred the major pairs. The largest increase of 1167.21% was brought by trade in cross-rates. $135,053 is the best result of the month. The client traded in majors (EURUSD, GBPUSD, USDCAD) and cross-rates. The most profitable transaction brought $9219.80: a long EURUSD trade of 12 lots was in the market for more than a day. 30% of customers with a $3,000+ deposit closed the month with benefits. 63% of transactions turned out to be profitable.
And what was the general situation in the market last month?
BTC lost 18% in May. ADX trend indicator hinted at a downtrend for most of the month, which eventually happened. BRENT has been a stable uptrend for the past three months. In May, oil reached its peak since November 2014, and for a deal of 3.21 lots you could have earned $10,351. Turkish lira and Mexican peso became the main outsiders of May – traders actively used USDTRY and USDMXN because of geopolitics. You could have earned $52,767 from a 5 lots deal with Turkish currency and $31,775 for the same amount of peso. NQ100 in May increased by 5.5%, and it was possible to get $14,008 for a deal of 1.79 lots. The dynamics is positive thanks to Apple which announced the release of new gadgets. It should be noted that its shares rose in price by 12.9% in May.
*All the profit is counted for a trade with a guarantee of $1 000.
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