{"id":161234,"date":"2019-12-06T11:30:51","date_gmt":"2019-12-06T16:30:51","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=161234"},"modified":"2019-12-06T06:49:00","modified_gmt":"2019-12-06T11:49:00","slug":"how-much-do-cfd-traders-earn","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/12\/how-much-do-cfd-traders-earn\/","title":{"rendered":"How Much Do CFD Traders Earn?"},"content":{"rendered":"<div id=\"inves-3285548272\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">December 6, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <\/strong><a href=\"https:\/\/www.orbex.com\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Orbex<\/strong><\/a><\/p>\n<p>This is actually a bit of a tricky question, surprisingly enough. CFD traders don\u2019t have their earnings public available like many government employees, so it\u2019s not like you can look it up easily. Also, it\u2019s not like traders even have employers you can ask; how much money a CFD trader makes is entirely up to them, and they can be as secretive about it as they want.<\/p>\n<p><a href=\"https:\/\/www.orbex.com\/blog\/en\/2019\/11\/what-do-brokers-do-exactly-in-forex\" target=\"_blank\" rel=\"noopener noreferrer\">Brokers, however, do keep track<\/a>\u00a0of their trading statistics, from which you could presumably gather earnings data. But these companies are notoriously tightlipped about how much their customers have and make, mostly to protect their customer\u2019s privacy. All this is to say that potential earnings are mostly estimates that are self-reported, and there are reasons for traders to both exaggerate their results as well as downplay them (especially around tax officials).<\/p>\n<h2><strong>What About Billionaires?<\/strong><\/h2>\n<p>Is it theoretically possible to make a load of money trading only CFDs? Well, it\u2019s also theoretically possible to win the lottery. There are traders who have become quite wealthy, but usually through a diversified portfolio that includes CFDs.<\/p>\n<p>Realistically, however, most traders who count themselves as successful and end up living off of their trading have gone for consistency and a modest but reliable return on their investment. A strategy that works consistently and is constantly being updated and improved is usually the ticket to financial independence through CFDs.<\/p>\n<h2><strong>You Get What You Pay For<\/strong><\/h2>\n<p>Probably the biggest factor in determining how much you will make depends on your account size. The more money you put in, the larger the trades you can make, the more money you can make on the trades. As a ballpark average, most successful traders make around a 10% return on their account.<\/p><div id=\"inves-3279773506\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>This varies depending on a lot of other factors, and usually traders will go through a growing period when they are starting out. So this isn\u2019t a measure of your initial deposit, but how much you have in your account. If you have $5,000 in your account, and have become an experienced and successful trader, it wouldn\u2019t be unreasonable to average around $500 a month profit. That might be a livable wage, or not nearly enough, depending on where you live.<\/p>\n<h2><strong>Upsizing<\/strong><\/h2>\n<p>One of the ways to overcome that is to build your account until your rate of return is enough, or to save up from other means. There are traders who manage to make more than a 10% return \u2013 it\u2019s an average \u2013 but there are also other traders who manage around 5%. After all, 5% on a $10,000 account is the same as 10% on a $5,000 account.<\/p>\n<p>Mind you, these figures are for experienced traders who have polished their craft. Don\u2019t quit your job after putting a few grand in your account, expecting to live the high life. It takes skill and learning to become a consistent winner trading CFDs, and it\u2019s really important to manage your risk.<\/p>\n<p><strong>By <\/strong><a href=\"https:\/\/www.orbex.com\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Orbex<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Orbex This is actually a bit of a tricky question, surprisingly enough. CFD traders don\u2019t have their earnings public available like many government employees, so it\u2019s not like you can look it up easily. Also, it\u2019s not like traders even have employers you can ask; how much money a CFD trader makes is entirely [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-161234","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=161234"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161234\/revisions"}],"predecessor-version":[{"id":161250,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161234\/revisions\/161250"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=161234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=161234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=161234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}