Analysis: UK Traders Seen Depositing the Most to Their Accounts in March
- The retail FX industry has undergone an interesting change to a long-lasting trend
As the latest analysis by Finance Magnates’ Intelligence Department of data from CPattern shows, we are seeing the first significant decline following an almost year-long growth of the average size of deposits being sent to trading accounts by retail traders. The average value for the top 10 countries decreased to $2,452 in March 2018 from a record $3,763 registered in February 2018. Also, the average withdrawal size fell from $3,097 to $2,959.
When it comes to the average deposits being sent to trading accounts, the UK topped the ranks with a result of $4,670. Surprisingly, second place was held by Brazil, where on average retail traders were depositing $2,996. Considering the many restrictions on Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term FX trading, these results are surprisingly good. The third position belonged to Ukraine with $2,605, which also was a somewhat unexpected result.
The UK was leading the ranks also in the area of the largest withdrawals per single trader. In March 2018, UK traders were taking $4,895 on average from their accounts per single withdrawal. Second place was occupied by Switzerland with an average withdrawal size of $4,201, followed by Australia with $3,728.4.
Unsurprisingly, the UK also topped the ranks regarding average first-time deposits (FTD) with a result of $2,130. Following behind were the United Arab Emirates with average FTD of $1,441. Third place was filled by Denmark, which rather rarely appears in our rankings, with an average first-time deposit of $1,147.
This is the latest publication from the FM Traffic Indices – a new cross-industry benchmark. In today’s business world, big-data analysis and access to objective information sources are crucial to success. Unfortunately, until now, it has been very difficult and costly, if possible at all, to find any reliable benchmarks for operations in social, FX, binary options, and CFDs trading.
For this reason, the Finance Magnates Intelligence Department has launched a new project, creating a set of indices encompassing various aspects of the Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term industry. These indices will provide you with unique data points gathered by our analysts, that will serve as a valuable knowledge base for your decision making.
As the latest analysis by Finance Magnates’ Intelligence Department of data from CPattern shows, we are seeing the first significant decline following an almost year-long growth of the average size of deposits being sent to trading accounts by retail traders. The average value for the top 10 countries decreased to $2,452 in March 2018 from a record $3,763 registered in February 2018. Also, the average withdrawal size fell from $3,097 to $2,959.
When it comes to the average deposits being sent to trading accounts, the UK topped the ranks with a result of $4,670. Surprisingly, second place was held by Brazil, where on average retail traders were depositing $2,996. Considering the many restrictions on Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term FX trading, these results are surprisingly good. The third position belonged to Ukraine with $2,605, which also was a somewhat unexpected result.
The UK was leading the ranks also in the area of the largest withdrawals per single trader. In March 2018, UK traders were taking $4,895 on average from their accounts per single withdrawal. Second place was occupied by Switzerland with an average withdrawal size of $4,201, followed by Australia with $3,728.4.
Unsurprisingly, the UK also topped the ranks regarding average first-time deposits (FTD) with a result of $2,130. Following behind were the United Arab Emirates with average FTD of $1,441. Third place was filled by Denmark, which rather rarely appears in our rankings, with an average first-time deposit of $1,147.
This is the latest publication from the FM Traffic Indices – a new cross-industry benchmark. In today’s business world, big-data analysis and access to objective information sources are crucial to success. Unfortunately, until now, it has been very difficult and costly, if possible at all, to find any reliable benchmarks for operations in social, FX, binary options, and CFDs trading.
For this reason, the Finance Magnates Intelligence Department has launched a new project, creating a set of indices encompassing various aspects of the Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term industry. These indices will provide you with unique data points gathered by our analysts, that will serve as a valuable knowledge base for your decision making.