So how many people are there out trading forex in the world? Although this isn’t an easy question to answer I have found the average is around 10 million active online traders in the world. I cannot verify this just the info I have gathered from a multitude of sources. Why is this information so hard to gather?Estimated Reading Time: 6 mins In mathematical words, the number is million people around the world are now trading in forex. And day by day, it’s increasing. People from around the world are trying to involved in this game so far. Here is a list of online traders by Continent/Region— Aug 04, · Forex Industry Statistics & Trader Results. The results from our Forex industry survey where we surveyed traders from around the world are in. We have taken more than trader results from 49 different countries around the world, looked at the statistics and complied a detailed report for you below on what traders are doing right now
A Map of the Million Online Forex Traders [Infographic]
The results from our Forex industry survey where we surveyed traders from around the world are in. We have taken more than trader results from 49 different countries around the world, looked at the statistics and complied a detailed report for you below on what traders are doing right now. This section looks at who a trader is on average, their age, profitability, how long they have traded, and what markets they how many people use forex trading. This section looks into what traders are doing in their trading, or plan on doing in their trading.
What are the major differences between what a profitable and unprofitable trader is doing and plans to do in their trading. A few of the important findings of this report we will discuss more fully below. Do traders have any other trading experience before Forex, for example stocks?
How long have traders been trading for? Are traders trading live or demo account? What attracted traders to trading the most? What markets do traders trade? How many people use forex this was multiple choice asking to choose all markets traded. What trading platforms are used the most? Do traders aim for a higher win rate, or a higher risk reward bigger winners? What do traders plan to study and focus on in the coming months? What time frames do traders make their trades on? NOTE: Multiple choice question asking all time frames used.
In the last 12 months what have traders purchased to help speed up their learning time in the markets? During the trading week where do traders spend most of their time online?
How many hours per day do traders spend with their charts and trading? This is what we know about the profitable traders and what they do differently. NOTE: As you can see, both sets of traders are making almost the same amount of trades which shows it is both the trades and how they are managed that are crucial. After taking the time to analyse and create this report, we have found that a lot of the statistics were as expected, such as just how widely used MT4 still remains, how many people use forex, or that the daily charts are incredibly popular, how many people use forex.
Some stats however have been quite interesting to discover. Learning just how many strategies are tested on average, the amount of time traders spend on their trading, how many people use forex that profitable traders on average have almost twice as much experience as unprofitable traders. Let me know your thoughts or questions below in the comments section.
Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.
Forex Trading for Beginners. Price Action Trading. Forex Charts. Forex Trading Strategies. Money Management. Best Forex Trading Platforms. Trading Lessons. com helps individual traders learn how to trade the Forex market. We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey.
We have broken the results up into three main categories; 1: Who is Trading Forex This section looks at who a trader is on average, their age, profitability, how long they have traded, and what markets they are trading. Unprofitable traders are making 15 trades on average. How Much Experience Do Profitable and Unprofitable Traders Have Profitable Traders: 5.
Conclusion After taking the time to analyse and create this report, we have found that a lot of the statistics were as expected, such as just how widely used MT4 still remains, or that the daily charts are incredibly popular. Safe trading, Johnathon.
About Johnathon Fox Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world. Previous Post: « How to Day Trade the Forex Market. Next Post: Weekly Price Action Trade Ideas — 10th to 14th August ». Search this website, how many people use forex. Join Us Now! Compare Brokers Best Forex Brokers Forex Demo Accounts Best Forex Trading Platforms Forex Apps Swap Fee Accounts MT4 Brokers.
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, time: 4:38Forex Statistics & Trader Results From Around the World
In mathematical words, the number is million people around the world are now trading in forex. And day by day, it’s increasing. People from around the world are trying to involved in this game so far. Here is a list of online traders by Continent/Region— Oct 03, · The foreign exchange or forex market is the largest financial market in the world – larger even than the stock market, with a daily volume of $ trillion, according to the Triennial Sep 09, · Many Forex brokers offer their clients the opportunity to use MT4 as their trading platform. Its closest competitor is MT5, which is also built by MetaTrader. 6% responded that they use cTrader and 18% use other, which is likely to be a broker's proprietary blogger.comted Reading Time: 4 mins
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