What is a good monthly return on forex trading?

Intermediate: Once traders’ knowledge and experience advance – usually after they burn their first or second deposit – they can start to expect for the return of at least 1\% monthly. The expected returns shouldn’t be over 5\% per month.

What is a realistic return on forex?

There are a lot of traders who believe that a combination of proper capital management and correct strategy application can lead to high returns. For the majority of professional traders, the average Forex monthly return is between 1 to 10 per cent per month.

Can you get rich off foreign exchange?

Can forex trading make you rich? Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

What is the average monthly return on Forex trading?

For the majority of professional traders, the average Forex monthly return is between 1 to 10 per cent per month.

How much money do you need to start investing in forex?

USD3,000 is realistic for that standard of living. If you are making 4\% of Forex monthly returns, you’ll need a capital of USD100,000 in order to make the necessary income, along with some extra to cover losing months.

How much return does a 10 million dollar trading account have?

But, what the story may not mention is that the traders manages billions of USD. Those 10 million USD are less than one percent of the total account that the trader manages. Compare that to a 1,000 USD account, it then amounts to a return of just 10 USD a year!

How much should you risk when trading currencies?

You can obtain high leverage when trading currencies, meaning you can make or lose far more than your actual investment. For this reason, traders should avoid risking more than 2\% of their capital on a single trade.