![How Many Day Traders Are There? [All Facts and Figures]](https://fxtradinger.com/wp-content/uploads/2022/11/How-Many-Day-Traders-Are-There-1200x385.jpeg)
Day trading is the procedure of buying and selling a position within a trading day to profit from the rapid fluctuation in price and avoid the overnight hazard of losing.
Day traders generally target stock, options, futures, commodities, and currencies (trade in the forex market and cryptocurrency also). They were guided by a technical analyst who was aware of price movement. They hold positions for hours, minutes, or even seconds before selling them in the market. Due to the high-risk people being concerned about their numbers. They may ask:
How many Day traders are there?
There are 9.6 million people who have an online trading platform. Most of these are day traders in forex, stock, options, and commodities. America is at the top while the UK, Germany, China, and Japan also have a large number of day traders.
The exact figure for day traders is still difficult to answer because every day new ones are added and old ones quit. Let’s check how many traders are in different regions of the world.
How Many Day Traders Are There in The World
Recent statistics indicate that 9.6 million people are actively involved in online trading. In this way, if we consider the world’s total population, one out of 780 people is associated with the trading business.
Different areas have different trading trends and strengths. North and South America are at the top. At the same time, the UK has a leading position in Europe. According to a map of Broker Notes, we describe an approximate number of online traders worldwide.
| North America | 1.5M traders |
| South America | 600K traders |
| Central America | 335K traders |
| Asia | 3.2M traders |
| Africa | 1.3M traders |
| Middle East | 970K traders |
| Oceania | 190K traders |
Average Number of Years That Day Traders Stay in A Job
80% of day traders left or quit within the first two years. 40% of day traders work only for a month, while 13% of traders continue trading. After three years only 7% of those remain. The quit ratio is very high.
Tenure of Day Traders
| Numbers of years | Percentages of day traders stay in a job |
| Less than one year | 12% |
| 1-2 years | 26% |
| 3-4 years | 14% |
| 5-7 years | 21% |
| 8-10 | 9% |
| 11+years | 18% |
What Is the Ratio Of Male And Female In Day Trading
An interesting fact about day trading is that men are always in a larger number than females. Gender proportion will indicate males take risks while females are more conscious about the money they had.
| Years | Male Day Traders | Female Day Traders |
| 2015 | 86.59% | 13.41% |
| 2016 | 87.01% | 12.99% |
| 2017 | 86.70 | 13.29% |
| 2018 | 87.33% | 12.67% |
| 2019 | 88.83 | 11.17% |
How Many Day Traders Jobs in Different Sectors
Most day traders like to work in the private sector. The government sector has fewer day traders compared to the public and private sectors. Why do private sectors absorb more traders? Think of the possible answer.
| Company type | percentage |
| Public | 31% |
| Private | 65% |
| Government | 4% |
How Many Successful Day Traders Are There
It is very difficult to estimate the profitable day traders in the world. But if we see the failure and quitting of day traders, most day traders are not successful. Only 10% are profitable though the ratio of profit is different, while 90% are not successful traders that lose all their money.
How Many Day Traders Are There in the USA
There are about 2 million day traders in the USA. Out of the total, 5.6 % of day traders are black. When the resumes of 1005 different day traders are checked, a fact is revealed that most of them belong to NewYork, NY, and Chicago, IL.
In different job categories, day traders makeup to 6.4%, showing that a large number of Americans are actively involved in online trading.
How Many Day Traders Are There in India
According to data from the national stock exchange, 1.2 crore active traders are present.
More than 5 lakh day traders are present in India and their average salary is 0.3 lakh (2.5 k per month) They use day trading to run the house.
In the future, this figure increases manifold because youth are more attracted to stock trading. They want to become day traders because of financial freedom and also to get rid of the 9-5 job routine.
How Many Millionaire Day Traders
Exact number of day trader millionaires is not known but many people who get famed when they succeed in day trading can be seen online. Here we give a short list of legendary day traders. These traders are examples of other day traders.
- Ross Cameron
- Brett N. Steenbarger
- Sasha Evdakov
- Rayner Teo
- Nick Leeson
- William Delbert Gann
- Andy Krieger
- Timothy Sykes
- Lawrence Hite
- Paul Rotter
- Jim Roger
- Paul Troder Jones
- George Soros
- John Paulson
- Mark Minervini
How Many Day Traders Are There Profitable
The percentage of profitable traders is meager. This makes up 1.6% of all the traders. However, these traders are more active and cover the 12% share of trading activity.
Government agencies maintain that almost all traders lose money but this was refused by the day trading market, which claims that about 60% of traders earn profit.
Statistics indicate that over time 80% lose, 10% break even and 10% always make a profit.
How Many Day Traders Are Profitable in Pakistan
In the Pakistan stock exchange 1886 foreign investor institutions and 889 domestic institutions participate while 220,000 retail traders invest.
Pakistan’s stock market won the largest profit in history in recent years. The amount of this profit is 258 billion. How is Day trading profitable? It can be explained by an example.
If you invest 1000 rupees on 100 shares (10 rupees for each share). If the price of a share rises from 10 rupees to 10.5 in the next two hours. You may earn 0.5 in each share. You will earn 500 rupees in two hours. It is a good amount. So in Pakistan exchange, you can make a profit in a short period.
How Many Day Traders Are There in The Uk
In the UK approximately 46 million people use the internet and above 280,000 people have an online platform for trading and 300,000 are active day traders. It is the largest ratio in Europe that involves day trading.
During covid pandemic, 1.8 million adults joined this field. Mostly these enter the stock and digital currency market.
Which Country Has Most Day Traders
Many countries are popular due to their extensive trading. Here we give the 10 ranked countries based on the volume of stock they traded in 2015. They also have a big population associated with day trading.
| Rank | Country | Numbers of online traders | 2015 Value All Stocks Traded In USD |
| 1 | United States | 808,080 | 41,398,501,970,000$ |
| 2 | China | 2000,000 | 39,326,016,590,000$ |
| 3 | Japan | 3810,000 | 5,571,527,250,000$ |
| 4 | Hong Kong | 123,900 | 2,068,670,580,000$ |
| 5 | South Korea | 9140.000 | 1,843,731,080,000$ |
| 6 | Germany | 150,000 | 1,444,613,090,000$ |
| 7 | Canada | 1230,000 | 1,096,269,370,000$ |
| 8 | Spain | 97,000 | 978,396,430,000$ |
| 9 | Switzerland | 20000 | 955,219,290,000$ |
| 10 | India | 500,000 | 771,997,910,000$ |
FAQ
Which country has the most successful day traders?
The small city-state of Singapore comes out at the top of CEO, the world’s best business place, or the best country to invest in 2020 ranking.
Switzerland is the best market and has a high standard of living, recognized as the best place for day traders.
How many day traders are found in China?
Although China has a huge stock market with trillions of investments, the number of day traders is 10,000. These day traders are bold young men and do speculative day trading of American stock.
Conclusion
Exact counting of day traders is very difficult because if a lot of new blood enters the market, many also leave the market due to loss or competition. This highly stressful job requires more time, more attention, and mental stability. However, the attraction of online trading increases day by day.
Mostly young and aggressive traders join and make the market overcrowded.
It is estimated that 9.8 million people are active day traders in the online market. America, the UK, China, Singapore, and Japan are the countries where this business is at the top. But this figure may change over time due to pandemics and other world conditions.
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