How many forex traders are there in the world?

How many forex traders are there in the world?

There is no exact count. But here is an answer I found online that includes an infographic which may give you an idea.

Source: How Many Forex Traders in the World, Where They Live and What Currencies They Trade

It’s not a secret that Forex market is the biggest market in the world with a daily turnover more than 4 trillions US Dollars. So, throngs of newbie traders enter the market on the daily basis with hope of gaining fast money. It’s hard to calculate a precise number of forex traders, however, it definitely more than few millions. Read below about where the majority of traders live, what currency pairs they trade and what brokers they use.

World’s population 7.6 Billion
 
 Forex Traders
 pop. 1.37 billion - China 1.2% = 16.44 million
 pop. 1.32 billion - India 0.2% = 2.64 million
 pop. 323 million - USA = 5.2 % = 16.796 million

pop. 127 million – Japan = 10% = 12.7 million (Japan highly confidential as they do not disclose their data to Global market, but as per Trading volume we can assume)
 pop. 65.6 million - UK 5.6 = 12.3% = 8.07million

ABOVE POPULATION = 3.2056 billion

Total population 7.6 Billion
 Major country Population -3.2056
 Rest of the world population = 4.3944 billion

Rest of the word total trader percentage = 0.47%

0.47 x 4.3944 = 20.65 million

77.296/7600 = 1.017%

Total = 16.44+2.64+16.796+12.7+8.07+20.65= 77.296 Million (Approx)

Forex Trader around the Globe = 77.296 Million (Approx)
 i.e. 1.017% of world population.

This estimation is growing day by day. As internet is spreading
Instagram, Facebook, Twitter are spreading the know-how of forex in an exaggerated manner.

We feel that in next 3 to 5 years this number will come close to 2% of world population
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Forex market is the largest and most liquid market in the world with 5$ trillion daily trading volume.There are so many broker with you can do trading and question is with whom, one way is to try with different brokers with smaller amount ( see the profit ,trading conditions and response).

Here are some points you have to check for choosing forex broker:

How many years have they been in business?
Have they survived bear markets, and big client losses?
How much do they have in deposit guarantee?
Are they holding you account deposit in a segregated bank?
What support opportunities do they offer?
Are you actually able to get in contact with them, when you need it.
Check ratings and feedback in forex peace army FPA
One of the most popular one is TradersWay in terms of all points i mentioned.

There are not exact count how much they are in the world but they are rising day by day since forex industry is so interesting and most of the investors are youngsters who love to make money quick so do they show interest and it involves a lot of risks too but if you master the art of forex then you can make a lot of money with it.

According to to the latest analysis and Infographics by brokers of the world it is said that there are more than 10 million forex traders online or 1 out of 750 people.

Forex market daily floats with more than 5.5 Trillion+ US Dollar $ On weekdays. This industry is soo huge, if you can’t extract 100$ a day then you are dumb enough doing job; working for someone’s else dream.

 
This quote I found the other day on forexmagnates : The number of active traders exceeds a number of 100 million people.

Unbelievable - and only a tiny number is managing accounts for clients successfully and so hard to find. Like this one I found recently: Swiss regulated forex trader with a few million under management and showing a 3-year track record, started trying to automate all but then Nov. 2015 changed to manual trading.

Check 2017’s results, monthly and daily - very solid: 4.4% p.m. 1-10/2017

November: +3.8% so far

With a bit higher leverage he can easily add 1-2% gross monthly.

Min. inv. is $50k at CFH Clearing in London.

For $100k+ he can trade at any MT4 broker of your choice.

Trader withdrew his initial investment and only trades with profits now.

 
There are millions of people trading Forex all over the world and the year 2013 was a huge leap in the Forex market where more than 5.3 trillion dollars where traded. Banks, financial institutions, hedge funds and individual investors are the major players in the Forex market and central banks play an important role as they engage in currency interventions to make their currencies appreciate or depreciate.