Forex in the national and demographic breakdown

What is the oldest category of traders? Which country has the most investors?

You will learn about all this in this section.

1. 27% of traders are between the ages of 18 and 34. 28% are 35-44 years old, 21% are 45-54 years old, 24% are over 55 years old, and 9% are over 65 years old.
   
   
2. Almost 90% of traders are male. This figure is surprising. While it is true that the female gender does not dominate the field of active trading, 10% is a dismal result.
   
   
3. 31% of traders are newbies working on the Forex market for less than 1 year. 39% - 1-3 years. 23% - 4-9 years. 7% - more than 10 years. This means that 2/3 of traders are quickly disappointed in trading and go in other directions. A smaller part of traders eventually change their profession due to the necessity of life changes. And only 7% of them turn into a real profession with career growth.
   
   
4. 10 million forex traders in the world. Such figure is often found in analytical agencies. But here is the question: how was this figure calculated? Many brokers indicate on their websites the figures from 0.5-1 million traders and then this figure is tens of times more. Probably, the brokers take into account the number of opened accounts, including the inactive ones. The figure "10 million" takes into account active accounts.
   
   
5. 3.2 million traders live in Asia. The Middle East is in second place, with South America in third. The U.S. and North America fall out of the list of leaders because forex for private traders is almost prohibited there. The fact is that the Forex statistics include not only direct currency trading but also CFD on currency pairs. And it is CFDs in the U.S. that are strictly controlled.
   
   
6. The UK is the leader in the number of traders. Statistics show that there are about 280,000 of them in this country. In second place is India.

In the next article, we will take a closer look at Forex statistics in terms of currency trading

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