NordFX Trader Earns Over $50000 on Bitcoin Collapse

8 June, 2021

NordFX Brokerage company has summed up the performance of its clients' trade transactions in May 2021. The total income of the three most efficient of them exceeded 175 thousand USD.

  • The undisputed leader at the end of the month was a trader from China, account No.1546xxx, whose profit amounted to USD 81,648. This solid result was achieved on transactions with the British pound (GBP/USD), gold (XAU/USD) and euro (EUR/USD).
  • The second step of the podium with a result of 53,207 USD was taken by a representative of Vietnam, account No.1416xxx, who showed how to make money during market crashes. Their profit was mainly obtained from transactions with bitcoin (BTC/USD), the quotes of which fell by about 40% over the month.
  • The third place is a trader from Indonesia, account No.1506xxx, who earned 41,799 USD in May on gold transactions (XAU/USD).       

The passive investment services:

In CopyTrading, one can mark the KennyFXPRO signal -The Compass. It has shown an increase of 108% since November 2020. At first glance, this is not such an impressive result (although it is ten times higher than the interest on bank deposits). But combined with a moderate maximum drawdown of 22%, this signal becomes quite attractive for subscribers who have invested over 45,000 USD in it.

In the PAMM service, the same trader, KennyFXPRO, also shows a good result, which may be interesting for investors who prefer moderate earnings with moderate risks. This manager has seen a 24% capital gain since the end of January with a maximum drawdown of 16%.

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

  • the largest commission of the month amounting to 6,568 USD was credited to a partner from India, account 1527xxx;
  • the second place is a partner from China, account No. 1522xxx, who received 4,146 USD;
  • and another Indian partner closes the top three, account No.1229xxx, with earnings of 3.975 USD.
Source   Presented by NordFXForex News & Promotions
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