GITNUX MARKETDATA REPORT 2024

The Most Surprising Forex Statistics And Trends in 2024

Statistic 1

"Leverage can amplify both gains and losses in forex trading."

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Statistic 2

"The margin in retail forex trading can be as low as 0.25%."

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Statistic 3

"Around 30% of forex traders are profitable on a consistent basis."

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Statistic 4

"The daily trading volume in the forex market reached $6.6 trillion in April 2019."

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Statistic 5

"London is the largest forex trading center, accounting for about 43% of global trading."

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Statistic 6

"The average retail forex trader's initial deposit ranges from $100 to $5,000."

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Statistic 7

"The Chinese Yuan (CNY) is increasingly becoming a major currency in the forex market."

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Statistic 8

"There are four major forex trading sessions: Sydney, Tokyo, London, and New York."

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Statistic 9

"Retail traders make up about 5.5% of the daily forex trading volume."

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Statistic 10

"Forex trading is available through numerous platforms, including MetaTrader 4 and MetaTrader 5."

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Statistic 11

"The forex market is open 24 hours a day, five days a week."

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Statistic 12

"Approximately 90% of forex trading involves the US Dollar (USD)."

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Statistic 13

"The forex market is the largest and most liquid financial market in the world."

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Statistic 14

"Forex brokers earn money through spreads and commissions."

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Statistic 15

"The average forex trader holds a position for just a few hours to a few days."

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Statistic 16

"The leverage ratio in forex trading can be as high as 50:1 for retail traders."

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Statistic 17

"Central banks are one of the largest participants in the forex market."

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Statistic 18

"Forex trading is largely OTC (Over-the-Counter) and decentralized."

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Statistic 19

"The most traded currency pair in the forex market is EUR/USD."

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Statistic 20

"Algorithmic trading accounts for approximately 80% of forex market volume."

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