Loading...

I asked 100 Brokers Why 90% Lose Money

I made 100% profit within a year, and asked 100 Brokers 2 things. 1. What percentage of traders lose money on their platform? Believe me, it’s not 90%. And 2. Why in the world do most traders lose money in trading? Here’s What happened…

Welcome!

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
83.45% of retail investor accounts lose money when trading CFDs with this provider.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Kindly note that for more information you can check our website: capital.com

If we can be of any other assistance, please do not hesitate to ask…

Hello!

Thank you for contacting us.

I will be happy to assist you.

Please bear in mind that trading in CFDs carries a high degree of risk. Trading will not always be profitable and can result in the loss of your entire trading account balance.

While with Plus500 you cannot lose more than your entire trading account balance, please ensure that you only invest money that you can afford to lose, in case of unfavorable results.

Remember that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Should you require any further assistance, please feel free to contact us.

Thank you for contacting…

Unfortunately, we don’t store information like this, it is difficult to say why those that lose money do so as there are many different variables that can cause investments to decrease in value.

Apologies we could not be of more assistance in this matter. If you have any further queries, please let me know.

We’d love to hear what you think of our customer service. Please take a moment to answer one simple question by clicking either link below:

Now, Interactive Brokers did send a reply, but it looked more like an HTML code. The first line said, “Below is a link to the section of the Interactive Brokers website that provides the Regulatory Reports and Financial Information, here you will see statistics for Performance of Interactive Brokers Retail Customer Forex Accounts.” The actual link was not mentioned in the reply, but after looking up “Interactive Brokers Brokers Regulatory Reports and Financial Information” on Google, I did find the Performance of Interactive Brokers Retail Customer Forex Accounts, and the answers we are looking for.

In the first quarter of 2022, around 45% of accounts were profitable, and 55% lost money. In the fourth quarter of 2021, around 47% of accounts were profitable, and around 52% lost money. In the third quarter, around 45% made money and around 55% lost money. And in the second quarter, 46% of accounts were profitable, and 53% lost money. Now, this data is pretty interesting. The profitable percentage probably also includes the breakeven and not traded accounts, but the unprofitable percentage is far less than what we have seen on other brokers so far. Furthermore, it’s definitely not 90%. I also have an account with Interactive Brokers. So maybe profitable traders use the same broker. Or maybe Interactive Brokers is the holy grail that almost every beginner is looking for. Hmm…

That’s a joke! And no, this video is NOT sponsored by Interactive Brokers.

Hi!

Thank you for contacting Questrade.

Hope you had a wonderful weekend!

Trading requires a lot of research. When looking to make an investment always do your own due diligence and research ahead of time. Additionally, the market is something that no one can control.

On our platform, we do offer, resources such as a learning center so clients can learn more about the market. As I am not a licensed professional, I will not be able to provide you with any investment tips.

If you have any other questions, reach out to us anytime. Have a wonderful day and thanks for reaching out.

Thanks for getting in touch. We’ve received your request and one of our team members will get back to you as soon as they can.

We’re open when the markets are – 24/5. If you’ve contacted us outside of those hours, we’ll respond as soon as possible.

Kind regards,
Pepperstone

Thank you for contacting.

This message is to assure you that we have received your query.
We will look into your query and get back to you as soon as reasonably possible.

Your request has been received and is being reviewed by our staff.

Your request has been received and is being reviewed by our support staff.

This is an automated response confirming the receipt of your case. Please be kindly informed, that one of our team will review and get back to you as soon as possible.

Hello,
Thanks so much for contacting us. I would be happy to clarify.
Investing, in general, has its risks. It is very important to do enough research first before investing in a particular stock, ETF or Crypto.
I’m not at liberty to provide statistics on gains or losses from our trading platform. There could be a variety of factors that could lead to losses such as market volatility.

If you have any further questions, please feel free to ask!

Thank you for contacting.

  1. To be honest, I don’t have the information on the specific number or percentage of traders losing their trades.
    Even if we have, I believe we are not allowed to disclose this kind of data to any of our clients.
  2. There are many reasons why traders lose money in trading. A poor trading strategy could possibly be one of the reasons.

Kind Regards.

Thank you for contacting AvaTrade.
Currently, 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Naturally, as with any type of trade or investment, wrong predictions can lead to the loss of money.

Sincerely,
The AvaTrade team

Thank you for contacting OANDA.

We would like to inform you that we received your message. Please click here to find the information which you are willing to confirm.
Take care and have a lovely day!

Similar to Interactive Brokers, OANDA linked me to their regulatory-public-disclosures page, which at the very bottom contained the total percentage of profitable accounts. In the first quarter of 2022, around 31% of accounts were profitable, and 68% lost money. In the fourth quarter of 2021, around 30% were profitable, and 69% lost money, not nice. Quarters 3 and 2 of 2021 also have a similar percentage of profitable accounts.

And also, always remember what it says just below that: Past performance is not necessarily indicative of future results.

Hello!
Thank you for contacting OctaFX.
Unfortunately, we do not keep statistics on the loss of the traders. Please note that forex trading is risky, it is possible to lose your investment if the market moves in the opposite direction of your trade.

We recommend you to check our website pages that provide market insights and other information regarding Forex trading for a better understanding of the process:

I hope this information helps, if there is anything else we can do for you please don’t hesitate to ask.

Hello!

We’d love to know how you feel about our recent conversation. Please select the emoji that best describes your feelings now:

How did we make you feel?

Thank you very much for contacting.
Kindly be advised that 75.93% of retail investor accounts lose money when trading CFDs. You should consider how CFDs work and whether you can afford to take the high risk of losing your money.

Unfortunately, I cannot answer accurately your second question as it varies from person to person.

It is always best to test things out on a demo account first, so you can get an idea of how the live account will work. You can open a free demo account anytime via the following link.

Thanks for reaching out.
These statistics always change, so it’s not something that we monitor continually, however last time I saw the stats in 2020 it was around 60-65%.
It’s hard to know this without doing extensive surveys because it could come down to a variety of reasons.
You’re welcome!

Hi!
Thank you for your request.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider.

If you have more queries, please do not hesitate to contact us.

Thank you for contacting us. CommSec cannot provide this information. However, on the home page of our website you can review some of the Risks & Benefits associated with trading on our platform. I hope this information has been helpful.

Hi,
Thank you for contacting us.

So that we may review this further for you and provide more details, please respond with your registered Pepperstone account email, along with your date of birth and full residential address for security purposes. Please include any relevant account numbers also.
We look forward to hearing from you.

If you don’t see your favorite broker mentioned in this video, this is probably why. Some brokers required me to open an account with them before asking questions.

And those were all the brokers that replied out of 100. So what we learned from the broker’s data is that 90% don’t lose money, around 70 to 80% do. The highest percentage of unprofitable accounts we have seen today is around 83%, and the lowest is around 55%.

55 is pretty good! For anyone just getting into trading, this should be a great insight. Trading is not as scary as 90% lose money, but it’s not easy either. I mean, we have tested multiple trading strategies on the Trading Rush Website, and have data that says a bad entry strategy is rarely the main reason for blown-up accounts. Some brokers said that one of the reasons is using high leverage, some said it varies from person to person, and some said there are a variety of reasons. Well, I made 100% profit within the last 12 months, and have tried to show what professional traders do right that 90%, I mean, around 70 to 80 % don’t, in the upcoming Trading Rush Foundation Series. There is also a Stock Market Series coming in the future that contains advanced and complex strategies I used to make 100% profit within a year. So subscribe to see it! If you want to watch it now, it is available for Trading Rush Patreon supporters as early access right now. The link is in the description. Thanks for Watching!

5 MACD Strategy MISTAKES you should avoid in Trading Forex Stocks… or…

I took 2500 trades worth more than $38700 and here’s what I learned

How to Trade Range Like A PRO… (Bad Range VS Good Range)

BEST Donchian Channels Trading Strategy EVER tested 100 TIMES…

Modern Technical Analysis: that most traders get wrong

Divergence Trading Strategy – Trend Trading Exit Indicator?

BEST Bitcoin Trading Strategy EVER with PROOF tested 100 TIMES

Best Part Of The MACD Indicator Trading

Read & Understand The Disclaimer