Is it realistic to make money on Forex?
How much can you earn in the Forex market – the main question for those who are just mastering trading. There are no exact answers to it. It all depends on the circumstances: the state of the market, the skill of the trader, the size of the deposit, the accuracy of the analysis and many other factors. Let’s get it right.
How much do forex traders usually earn?
In international practice, professionally asset management organizations — various investment funds — show on average 15–20% average annual return on each dollar invested. Of these, the most successful are 30–40%. These figures can be considered a target for the trader to understand how much profit he can receive.Profitability Factors
For the year from the summer of 2014 to the summer of 2015, millions of traders were able to earn on Forex. The fact is that during this time the dollar went up by 30% against the euro. Meanwhile, the EUR / USD pair is the most popular Forex market instrument traded by millions of traders around the world. By the end of the year, they all received, respectively, 30% of the profit, which is close to the maximum indicators (see chart).
An important factor limiting the trader’s ability to earn money on Forex. 30% profitability for the EUR / USD pair from $ 100 or $ 1,000 will be, respectively, $ 30 and $ 300. Therefore, if a trader wants to secure a decent income by trading on Forex, then he needs to have a starting deposit, which, taking into account the average profitability of the market, will be able to satisfy his earning needs. In addition, the risks of trading a small deposit increase many times, while a deposit of a sufficient size can reduce the risk. Due to the small amount of start-up capital, traders are often forced to refuse interesting and profitable transactions, since there is a risk of losing the entire deposit. / P>
A good market situation and sufficient starting capital will not save a trader from losses if he conducts ill-conceived and unbalanced trading. Therefore, each trader should develop their own trading strategy and stick to it in their work. This will allow him to control possible risks and avoid unnecessary losses.
How can I make Forex profit with Teletrade Group?
To understand how much you can earn on Forex, we suggest using a safe demo account in the MetaTrader trading terminal. By opening a demo account with Teletrade Group, you can participate in the trading process using virtual money. Thus, you will see how real-time trading occurs on the foreign exchange market, try to develop your own trading strategy, learn how leverage works, and learn to assess possible risks depending on the size of the deposit. After you master the work on a demo account, you can try to apply the acquired knowledge and skills by opening a real trading account.
- Forex Indicators (56)
- # Forex Strategies (36)
- # Earnings on Forex (35)
- # Practical Forex (23)
- # Forex for beginners (19)
- # Forex for dummies (16)
- # Technical analysis (11)
- #Trading (6)
- # History of world currencies (5)
- # Forex Brokers (2)
- # Fundamental analysis (2)
- #CFD (1)
To conclude a framework agreement, the client is obliged to confirm that he is familiar with the following risks associated with the conclusion, execution and termination of obligations under the framework and individual agreements:
1. The risk of loss to an individual as a result of changes in foreign exchange rates (currency risk).
2. The risk of loss to an individual as a result of non-performance, untimely performance or incomplete performance by the Forex dealer and (or) the bank in which the Forex dealer account is opened, financial obligations to such an individual in accordance with the terms of the Agreement and Separate Agreements (credit risk )
|3. The risk of loss to an individual as a result of a violation of applicable law and (or) internal documents of a Forex dealer by employees of a Forex dealer, a malfunction (failure) of software and hardware of a Forex dealer and (or) individual, a mismatch of software and hardware of a forex dealer to the nature and volume of transactions it conducts, transactions by a third party on behalf of an individual as a result of receipt by such a person randomly or as a result of his||deliberate actions of unauthorized access to the possibility of making such transactions on behalf of an individual, carrying out operations by an individual that are not in accordance with his intentions, for reasons related to insufficient experience of working with this individual with software and hardware of a forex dealer and (or) making it random actions, as well as the result of external events (operational risk).|