Updated February 2nd 2024
Trading the financial markets is notoriously difficult and many wonder what percentage of forex traders fail. Using official data from 32 ESMA regulated brokers, my research shows that an average of 72.2% of forex traders lose money.
I was able to gather the data because forex and CFD brokers are now required by ESMA (the European Securities and Markets Authority) to disclose the percentage of their clients that lose money. Brokers even have to disclose the percentage of losing traders in their advertisments.
The table below breaks down the official statistics from 32 leading brokers.
| Broker | Percentage of Retail Traders that Lose Money |
| CPT Markets | 60% |
| Fineco | 63.2% |
| FXOpen | 65.6% |
| RoboMarkets | 66% |
| FXCM | 66% |
| CMC Markets | 67% |
| City Index | 69% |
| HYCM | 69% |
| Ardu Prime | 70% |
| ActivTrades | 70% |
| easyMarkets | 71% |
| OANDA | 71% |
| FP Markets | 71.2% |
| IC Markets | 71.6% |
| IQ Option | 72% |
| IG | 72% |
| FBS | 72.1% |
| XM | 72.8% |
| Skilling | 73% |
| Tickmill | 73% |
| FXPro | 73% |
| Dukascopy | 73.4% |
| Libertex | 73.7% |
| Pepperstone | 75.5% |
| Avatrade | 76% |
| Eightcap | 76% |
| XTB | 77% |
| Forex.com | 77.1% |
| Capital.com | 78.1% |
| M4Markets | 80% |
| Plus500 | 82% |
| Trade Nation | 86% |
Dan worked in the futures industry in Chicago as a floor clerk, trader and broker before founding TradersLog.com. Over the years he has also contributed to financial websites such as Investopedia, FXStreet and Forbes. Other interests include travel, photography and hiking.