Forex market by countries: Statistics(+Crypto)

The UK is the leader in foreign exchange trading turnover on the Forex market. The country's share is slightly more than 40%. The U.S. accounts for about 16%. Even though the Japanese yen is among the "major" pairs, the Japanese themselves are not particularly active in trading - Japan accounts for about 4.5% of world foreign exchange turnover.

• EUR/USD. EUR/USD accounts for about 27% of the daily turnover. USD/GBP comes second at 13%, and USD/JPY comes third at 11%. The Canadian dollar is in fourth place.
  
  
• The UK. EUR/USD accounts for the most turnover - 28% of the daily turnover. USD/GBP account for only 13% of all deals. USD/JPY is also inferior to this index - by 16%.
  
  
• Australia. USD/AUD accounts for approximately 47% of the daily turnover. EUR/USD accounts for only 15%. USD/JPY is the third most popular pair (10%).
  
  
• Japan. 38.9% of deals are made in Japanese Yen, almost the same amount - in USD (38%). The euro accounts for only about 9% of transactions.

Cryptocurrencies in Forex

Cryptocurrencies are a relatively young but very profitable tool that can now also be found in Forex. Each cryptocurrency is a startup with a unique idea and its implementation. The volatility of cryptocurrencies on average is 1-2% per day, but there are often days and weeks when you can earn from a strong movement of 5% or more in a day.

1. There are more than 21,600 cryptocurrencies listed by CoinMarketCap. True, about 80% of them are potential scams or projects that are barely supported by developers. The total market capitalization is $1 trillion. The total capitalization of the market is $1 trillion, with a BTC value of about $20,000.
   
   
2. More than 30 cryptocurrency pairs are offered by Forex brokers in the form of CFDs. In most cases, these are popular coins BTC, ETH, XRP, LTC, and BCH paired with USD.
   
   
3. There are 43 million crypto traders around the world. This is more than 4 times more than currency traders. But this figure takes into account CFD traders, exchange traders, and miners.
   
   
4. 15.3 million traders in the United States, and 11.3 million in Europe. Asia has the most miners, but the U.S. exchange markets have cryptocurrency derivatives. That's why the U.S. is formally in the lead.

The advantage of trading CFDs on Crypto-currencies in Forex is that you can open not only long positions but also short ones; there is leverage, no need for a Crypto Wallet.

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