Valuating Self Wealth & Competition Risk 2021 and beyond, page-7

The reports only show net change in active traders.

They have never had a fall, so gains have always exceeded losses.

The inactive members would mainly be those who register, but don't deposit money or place a trade. Some proportion of these will go on to become active. If somebody stopped trading and withdrew all cash, then I guess they'd be removed from Active Traders at some point, but we can calculate 'Trades Per Trader Per Month' anyway, which would account for accounts that become dormant.

Historically active members:



3 years ago, they had 3,382 at end of Q3. This Q3 is on track to get to ~88,000.