FX PRIME by GMO proudly announced that its customers’ trading amount of binary option reached 1 billion JPY in 16 business days from April 13 to May 4.

FX PRIME by GMO had suspended to offer the binary option trading since November 2013, but finally relaunched the service on 13 April 2015. 2 weeks after the relaunch, the company released a brand-new Binary Option trading app for smart phones. The app allows traders to deposit and transfer their fund on real-time, trade and analyze markets with advanced charting function using 10 technical indicators via smartphones. The company believed that the intuitive app and the simple and user-friendly web platform led the company to achieve this remarkable amount.

Moreover, it is worthy to note that the trading amount exceeded 100 million JPY in only 2 business days (April 13 and 14).

It’s clear from the following graph that the trading amount is considerably growing.

Trading Amount of binary option at FX PRIME by GMO from April 13to May 4

Also, FX PRIME by GMO reported the proft and loss ratio of OTC binary option in April.

*1: the percentage of profit-loss about customer transactions= (The amount of the option premium paid by binary options brokers toward customers + the payout amount) / (the amount of the option premium received from customers)x100(%)

*2: the percentage of customers who hold the loss of binary options= (the number of customers whose total amount of profit-and loss about binary options comes to be minus) / (the number of customers trading during the period) x 100(%)

(Source: FX Prime by GMO)