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How Much Do Traders Deposit To Forex Accounts?1 min read

The company Finance Magnates Intelligence traditionally summarizes the statistics of forex brokers. At the beginning of the year, information was published for September-October 2019.

General market trends remain the same. The average withdrawal amount has grown after the summer period and now reaches 2400 USD. In the same range is the size of the average replenishment of the deposit.

Traders replenished the account about 6 times in October. This figure decreased compared to 6.3 times in September. Most often, transfers are made by residents of Arab countries: Kuwait traders deposited money into the account 7.5 times, residents of Qatar – 7.3 times, Saudi Arabia – 6.8 times.

Since August, the average level of the 1st deposit continues to grow, which is made by newly registered customers. In October, it exceeded 2,000 USD, although in July its average size barely exceeded 1,500 USD.

News site Finance Magnets launches its own analytical service in order to study the trends in the development of the forex industry. The work will be based on unique indicators that provide accurate data on general market sentiment. New information will help traders make good financial decisions.