Clients from the Gulf region also dominated, with 19.5 million trades on the broker's platform in 2024.
Germany leads in risk management, while Switzerland achieves the highest profits.
The United
Arab Emirates (UAE) has
established itself as a dominant force in global retail trading, with volumes
reaching $468.9 billion in 2024, according to new data released by trading
platform Capital.com.
UAE Emerges as Trading
Powerhouse with $469 Billion Volume in 2024
The UAE led
global markets with 19.5 million trades - double the activity of second-place
Germany - while maintaining an impressive 62.53% positive return rate across
trades.
UAE traders
demonstrated versatility, actively participating in 23 different
instruments, ranging from cryptocurrency markets with Dogecoin to traditional
commodities like US crude oil and gold.
Tarik Chebib, the CEO of Capital.com MENA
“Our latest
data shows the remarkable achievements of UAE traders, who are not only
diversifying their strategies across a wide range of instruments but also
delivering healthy returns from their trades,” Tarik Chebib, the CEO of Capital.com
MENA, said.
“With an
impressive trading volume of $468.9 billion and a growing focus on cross-asset
opportunities, UAE traders have firmly established themselves as big hitters in
the global trading landscape.”
A
separate report prepared by Investment Trends showed that the number of
FX/CFD traders in the Middle East continues to grow, while in other regions of
the world, the trend is less dynamic. In
2023, it reached a record high of around 50,000. One of the most striking
findings of the report is the exceptionally strong influence of word-of-mouth
recommendations in driving client registrations in the local market.
Germany Takes 2nd Place
Germany
emerged as another significant player, boasting the largest trading community
globally. German traders distinguished themselves through disciplined risk
management, with 29.64% of trades implementing stop-loss orders - the highest
rate worldwide.
The
country's traders showed particular enthusiasm for equities, dedicating 15.68%
of their trades to this asset class, while focusing on instruments such as
Germany 40, XRP, and GameStop.
“German traders’ disciplined approach to risk
management serves as a benchmark for the global trading community. With 29.64%
of trades employing stop-loss orders – the highest worldwide - Germany’s trader
community clearly led the way in risk management,” added Chebib.
Switzerland
also posted higher results in profitability, accumulating $366.5 million in
realized profits, substantially outperforming the UAE's $90.7 million. Swiss
traders averaged $292.72 per winning trade throughout 2024 and led in
cryptocurrency engagement, with 16.24% of trades focused on digital assets.
Regional Specializations
Emerge
The data
revealed distinct regional preferences, with Qatar showing strong commodity
focus, accounting for 62.31% of trades in this asset class. Meanwhile,
Australia demonstrated particular strength in forex trading, with 20.58% of
trades in currency pairs - more than double the UK's share - and particular
dominance in AUD/JPY and AUD/USD trading pairs.
European
traders displayed strong national loyalties in their trading preferences.
British traders gravitated toward BAE Systems, while Irish traders showed
strong support for Ryanair. The Dutch market saw significant activity in
PostNL, and French traders favored Air Liquide, demonstrating how local market
knowledge influenced trading decisions.
In the Gulf
region, Saudi Arabia's trading patterns reflected the nation's broader economic
goals, with a notable focus on electric vehicle manufacturers like Lucid Group.
Looking Ahead
Capital.com’s
market analyst Daniela Hathorn suggests that 2025 could bring new challenges, particularly
regarding potential tariff implementations and their impact on corporate
margins and equity valuations. These factors, combined with expected tax cuts,
may increase inflationary pressures and potentially limit the Federal Reserve's
ability to cut rates.
The outlook
for commodities remains dynamic, with oil prices expected to maintain
volatility as markets balance Chinese demand recovery against increased OPEC+
production. Geopolitical tensions could trigger price spikes, while gold may
benefit from lower rates, weaker growth, and ongoing geopolitical risks,
although strong U.S. economic performance could moderate gains.
The data
analyzed covered trading activity from over 600,000 global traders on the
Capital.com platform throughout 2024.
The United
Arab Emirates (UAE) has
established itself as a dominant force in global retail trading, with volumes
reaching $468.9 billion in 2024, according to new data released by trading
platform Capital.com.
UAE Emerges as Trading
Powerhouse with $469 Billion Volume in 2024
The UAE led
global markets with 19.5 million trades - double the activity of second-place
Germany - while maintaining an impressive 62.53% positive return rate across
trades.
UAE traders
demonstrated versatility, actively participating in 23 different
instruments, ranging from cryptocurrency markets with Dogecoin to traditional
commodities like US crude oil and gold.
Tarik Chebib, the CEO of Capital.com MENA
“Our latest
data shows the remarkable achievements of UAE traders, who are not only
diversifying their strategies across a wide range of instruments but also
delivering healthy returns from their trades,” Tarik Chebib, the CEO of Capital.com
MENA, said.
“With an
impressive trading volume of $468.9 billion and a growing focus on cross-asset
opportunities, UAE traders have firmly established themselves as big hitters in
the global trading landscape.”
A
separate report prepared by Investment Trends showed that the number of
FX/CFD traders in the Middle East continues to grow, while in other regions of
the world, the trend is less dynamic. In
2023, it reached a record high of around 50,000. One of the most striking
findings of the report is the exceptionally strong influence of word-of-mouth
recommendations in driving client registrations in the local market.
Germany Takes 2nd Place
Germany
emerged as another significant player, boasting the largest trading community
globally. German traders distinguished themselves through disciplined risk
management, with 29.64% of trades implementing stop-loss orders - the highest
rate worldwide.
The
country's traders showed particular enthusiasm for equities, dedicating 15.68%
of their trades to this asset class, while focusing on instruments such as
Germany 40, XRP, and GameStop.
“German traders’ disciplined approach to risk
management serves as a benchmark for the global trading community. With 29.64%
of trades employing stop-loss orders – the highest worldwide - Germany’s trader
community clearly led the way in risk management,” added Chebib.
Switzerland
also posted higher results in profitability, accumulating $366.5 million in
realized profits, substantially outperforming the UAE's $90.7 million. Swiss
traders averaged $292.72 per winning trade throughout 2024 and led in
cryptocurrency engagement, with 16.24% of trades focused on digital assets.
Regional Specializations
Emerge
The data
revealed distinct regional preferences, with Qatar showing strong commodity
focus, accounting for 62.31% of trades in this asset class. Meanwhile,
Australia demonstrated particular strength in forex trading, with 20.58% of
trades in currency pairs - more than double the UK's share - and particular
dominance in AUD/JPY and AUD/USD trading pairs.
European
traders displayed strong national loyalties in their trading preferences.
British traders gravitated toward BAE Systems, while Irish traders showed
strong support for Ryanair. The Dutch market saw significant activity in
PostNL, and French traders favored Air Liquide, demonstrating how local market
knowledge influenced trading decisions.
In the Gulf
region, Saudi Arabia's trading patterns reflected the nation's broader economic
goals, with a notable focus on electric vehicle manufacturers like Lucid Group.
Looking Ahead
Capital.com’s
market analyst Daniela Hathorn suggests that 2025 could bring new challenges, particularly
regarding potential tariff implementations and their impact on corporate
margins and equity valuations. These factors, combined with expected tax cuts,
may increase inflationary pressures and potentially limit the Federal Reserve's
ability to cut rates.
The outlook
for commodities remains dynamic, with oil prices expected to maintain
volatility as markets balance Chinese demand recovery against increased OPEC+
production. Geopolitical tensions could trigger price spikes, while gold may
benefit from lower rates, weaker growth, and ongoing geopolitical risks,
although strong U.S. economic performance could moderate gains.
The data
analyzed covered trading activity from over 600,000 global traders on the
Capital.com platform throughout 2024.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
Today’s Tuesday, the 9th of June 2026, and these are our main stories: eToro’s customer assets climbed back above $20 billion, Prop trading model in prediction markets, and Leverate launched a new AI assistant for brokers and traders.
Today’s Tuesday, the 9th of June 2026, and these are our main stories: eToro’s customer assets climbed back above $20 billion, Prop trading model in prediction markets, and Leverate launched a new AI assistant for brokers and traders.
Today’s Tuesday, the 9th of June 2026, and these are our main stories: eToro’s customer assets climbed back above $20 billion, Prop trading model in prediction markets, and Leverate launched a new AI assistant for brokers and traders.
Today’s Tuesday, the 9th of June 2026, and these are our main stories: eToro’s customer assets climbed back above $20 billion, Prop trading model in prediction markets, and Leverate launched a new AI assistant for brokers and traders.
War Stories: Lessons from 20 Years in Markets (the pain, the pitfalls and the profits)
War Stories: Lessons from 20 Years in Markets (the pain, the pitfalls and the profits)
War Stories: Lessons from 20 Years in Markets (the pain, the pitfalls and the profits)
War Stories: Lessons from 20 Years in Markets (the pain, the pitfalls and the profits)
War Stories: Lessons from 20 Years in Markets (the pain, the pitfalls and the profits)
War Stories: Lessons from 20 Years in Markets (the pain, the pitfalls and the profits)
The trades that taught me the most aren't the ones that worked. They're the ones that didn't — or the ones I almost caught and didn't have the nerve to ride. In this session, I'll tell you about the Brexit miss, the SNB shocker that nearly handed me a 5400% return, the BoJ surprise that punched me in the gut, and a few wins along the way. Each story carries a lesson, but the lessons aren't the point. Everyone who trades long enough collects a portfolio of moments like these; what separates the people who stay in the game is what they do with them.
The trades that taught me the most aren't the ones that worked. They're the ones that didn't — or the ones I almost caught and didn't have the nerve to ride. In this session, I'll tell you about the Brexit miss, the SNB shocker that nearly handed me a 5400% return, the BoJ surprise that punched me in the gut, and a few wins along the way. Each story carries a lesson, but the lessons aren't the point. Everyone who trades long enough collects a portfolio of moments like these; what separates the people who stay in the game is what they do with them.
The trades that taught me the most aren't the ones that worked. They're the ones that didn't — or the ones I almost caught and didn't have the nerve to ride. In this session, I'll tell you about the Brexit miss, the SNB shocker that nearly handed me a 5400% return, the BoJ surprise that punched me in the gut, and a few wins along the way. Each story carries a lesson, but the lessons aren't the point. Everyone who trades long enough collects a portfolio of moments like these; what separates the people who stay in the game is what they do with them.
The trades that taught me the most aren't the ones that worked. They're the ones that didn't — or the ones I almost caught and didn't have the nerve to ride. In this session, I'll tell you about the Brexit miss, the SNB shocker that nearly handed me a 5400% return, the BoJ surprise that punched me in the gut, and a few wins along the way. Each story carries a lesson, but the lessons aren't the point. Everyone who trades long enough collects a portfolio of moments like these; what separates the people who stay in the game is what they do with them.
The trades that taught me the most aren't the ones that worked. They're the ones that didn't — or the ones I almost caught and didn't have the nerve to ride. In this session, I'll tell you about the Brexit miss, the SNB shocker that nearly handed me a 5400% return, the BoJ surprise that punched me in the gut, and a few wins along the way. Each story carries a lesson, but the lessons aren't the point. Everyone who trades long enough collects a portfolio of moments like these; what separates the people who stay in the game is what they do with them.
The trades that taught me the most aren't the ones that worked. They're the ones that didn't — or the ones I almost caught and didn't have the nerve to ride. In this session, I'll tell you about the Brexit miss, the SNB shocker that nearly handed me a 5400% return, the BoJ surprise that punched me in the gut, and a few wins along the way. Each story carries a lesson, but the lessons aren't the point. Everyone who trades long enough collects a portfolio of moments like these; what separates the people who stay in the game is what they do with them.
The Engine and the Fuel: How AI & Data Drives African Future
The Engine and the Fuel: How AI & Data Drives African Future
The Engine and the Fuel: How AI & Data Drives African Future
The Engine and the Fuel: How AI & Data Drives African Future
The Engine and the Fuel: How AI & Data Drives African Future
The Engine and the Fuel: How AI & Data Drives African Future
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
Inside My Best Trade with Jimmy Moyaha
Inside My Best Trade with Jimmy Moyaha
Inside My Best Trade with Jimmy Moyaha
Inside My Best Trade with Jimmy Moyaha
Inside My Best Trade with Jimmy Moyaha
Inside My Best Trade with Jimmy Moyaha
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy