The official statistics show that on average it’s 3/1 (76%/24%) in favour of the losing side…
It’s 99%, yes there are academic studies proving this, and some of the brokerage firms managers released their clients P&L confirming it. No I am not going to go and find them, they are on the internet and if you search the core forums some people have provided the links to the research, plus you can look at the Google academic research library, the papers are in there.
Now on a contextual basis the figure is also correct, 0.25% of the worlds population are millionaires, and you need knowledge close to that to be profitable in the markets. It is why you will never find any good mentoring, and why once you do become profitable no one will ever know because you are not going to tell them your secret to be able to fast track it. So most third parties sell services to the other 99% knowing they will not be profitable. All is in your hands actually. Brokerage companies are scattered all over the world and have many differences in trading conditions, products and services. Some companies are regulated, some are not. Some are there for decades, some are rather young.This website https://fx-list.com/ should help you find the most suitable Forex Broker to meet your needs and requirements. There are several sections and filters on the left menu, use them to form a list of entities with appropriate parameters and characteristics. If you find a broker you used or continue to work with, please share some experience and leave a review about it. That would be helpful for all traders out there.
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Forex trading is one of the risky places in the world. You can lose money in it because of many reasons. You need to be ready for the losses. If you can’t handle losses then you should look somewhere else. You need a stron mental level for it. What do you think guys?
You think so ? - I just saw a documantary on San Pedro Jail - in Bolivia (don’t believe the sanitised (Wiki version) , Or you could try Syria, Nigeria, or try being a Palestinian in the Gaza strip !
All you can lose in Forex is Money ! At the end of the day - there are more important things in life ! 
Show me your source ! Those “statistics” lie !
As of the 1st of August all EU regulated brokers are obligated to disclose the percentages of winning and losing traders… Keep in mind that those apply only to CFD trading, so the percentages in total are different but yeah.
On any EU-regulated broker’s website you should be able to see these numbers.
There is not a single that traders lose in forex. There could be an array of reasons. One of the top reason has got to be the emotional factor. Not everyone has the character and the mental strength to withstand the losses of forex trading. Are you tough enough to deal with the losses?
ok look at it this way - If you’re one of that 76% that lost money this year and you were one of the 76% who lost money last year and you were one of teh 76% who lost money each and every previous year, why are you still trading ?
I got money to burn?
Jokes aside, I get what you’re saying.
What about the other 24%? You’ve been profitable last year, this year and are still trading. So, you got a constant stream of losers which get in and out but the profitable ones will stay.
All that said - we’re talking in hipotheticals here.
However, that data is for all their clients in a time frame. So, it’s a set number.
The other thing is that 100% with one broker =/= 100% with another.
One has 100,000 clients and the other one has 10,000,000, the percentage is the same (100% for both).
When you put into account the fact the most traders have accounts with more than one broker and the math gets even more complicated.
Yet, the numbers do not lie. A broker had X amount of accounts/traders for the period Y. Out of those you get the percentage of winners and losers (for the period Y).
Those percentages will change each quarter. The next stats update should be coming soon - 1.11.2018.
We’ll see what’s changed.
Exactly so - The figures cannot help but bias the reader to think that it is WAY easier to be a part of the 24% than it actualy is - because of all those financial corpses which do Not appear in the figures.