Forex Trading Statistics 2020
According to a recent study, approximately 85% of traders use Windows Desktop to trade. Another study revealed that women make up 12% of forex traders. The majority of traders are male, and the majority of retail traders lose money. The forex market is also accessible 24 hours a day, seven days a week, and 35 times larger than the stock market. The study also revealed that men are more likely to break rules and take risks, while women use long-term strategies and follow rules. The average age of traders is 34 years old and above, with men making up the vast majority.
Regardless of how you calculate this number, the key thing to keep in mind is that currency pairs are always used in a currency trade. That means that any currency pair is involved in two separate transactions, one for buying and one for selling. The percentages above are the percent of transactions that used a currency, and they reflect the amount of trades made in each currency. In 2016, the U.S. dollar represented eighty percent of forex transactions, while the euro represented thirty-two percent. This is based on the UNCTAD’s 2007 trade and development report.
Traders should use forex trading statistics as part of their decision-making process. These reports are an important tool for any trader to use in making informed decisions and gaining knowledge about currency market trends. Forex trading statistics will provide valuable information and will allow traders to make the best decisions. The foreign exchange market is a huge industry, with over $6.6 trillion traded every day. Moreover, women outperform men by approximately one percent.