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20 Important Forex Statistics in 2020


Forex Attack Team
Forex Attack Teamhttps://forexattack.com
The Forex Attack Team researches and publishes thought-provoking news, analysis, and opinion pieces on the global financial markets. We provide in-depth coverage of forex, commodities, and indices.

Researching forex trading? Below are some interesting forex statistics, charts, trends, and facts we found on this $5.3 trillion daily market.

General Forex Statistics

  1. The global forex trading market is worth $1,934,500,000,000 (that’s $1.93 quadrillion).
  2. The global forex market is 2.5X larger than the global GDP.
  3. Daily forex trading volume has increased by more than 40% over the last decade.
  4. More than $5.3 trillion dollars per are traded every day in the forex market.
  5. Global forex market daily turnover hit $6.6 trillion dollars in 2020.
  6. More than 85% of the global forex market transactions happen on only 7 currency pairs known as the majors (EURUSD, USDJPY, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF).
  7. Retail forex trading volume represents just 5.5% of the whole foreign exchange market.
  8. Forex trading daily volume is about 53 times more than the New York stock exchange.
  9. Deutsche Bank is the world’s largest foreign exchange dealer with over 21% in market share.
  10. There are over 170 different currencies around the world today that make up the Forex market.
  11. Forex is the only market that runs 24 hours per day.
  12. The Forex market is the most liquid market in the world.
  13. The Forex market is 12X larger than the futures market and 27X larger than the equities (stock) market.
  14. The US Dollar is the most traded currency and is part of almost 90% of global trades.
  15. The EUR/USD (also referred to as the euro) is the most heavily traded currency pair by volume.

Forex Trader Stats

  1. $10,000 is accepted as a good starting account size for the best chance of success.
  2. Forex accounts can be started with as little as $100.
  3. More than 43% of forex trades are millennials.
  4. Only 15% of traders are over 45 years old.
  5. 95% of all traders fail and 80% will quit in the first two years of trading.
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