15 million retail forex traders exist worldwide, with 90% losing 90% of their money in the first 90 days. That's roughly $24 billion lost in three years, captured by CFD brokers. Add prop firms, crypto platforms, and scams, and the entire retail trading industry reaches about $100 billion, dwarfed by institutional markets.
Let this circle represent 1,000 retail forex traders. This is what 100,000 traders would look like. This is what 15 million traders would look like. This is the estimated amount of retail forex traders in the world today, and 40% of them entered the market in the last 3 years only. And with an average of $5,000 in lifetime deposits, and considering that approximately 90% of traders lose 90% of their money in the first 90 days, this would mean that retail forex traders lost approximately a staggering $24 billion in the last 3 years. And this number could be substantially higher. That money, of course, hasn't disappeared into the ether. All this time, there was a CFD broker taking the other side of those trades, aka taking that money. But this is just forex traders in any CFD brokers. This doesn't include the forex prop firm industry, the retail stockbrokers industry, the retail option brokers industry, the cryptocurrency industry, other retail trading services like education, bots, signals, indicators. And all the trading scams industry. This could easily make the retail trading industry as a whole a $100 billion industry. And this is just a very small fraction of the money that every day flows in financial markets through investment banks, hedge funds, pension funds, sovereign funds, big companies, university endowments, ETPs, HFTs, CPOs, AMCs, all through the same 2 big exchanges and through dark pools. And then there is you, a beginner retail trader trying to get out of the Matrix. The Matrix. The Matrix. Matrix. The Matrix. And get rich fast with Forex from your childhood bedroom, hoping that one day you'll finally be able to show it off to your old school friends thanks to the technical analysis course of some 20-year-old pseudo-trading guru. Sure. Truth is, you're most likely just a little fish who got itself into the wrong waters. Hello. Well, hi.
