Being the largest financial market, currency forex online trading market seems to be providing everybody with equal opportunities for traders all over the world. At the first sight, the forex markettrading specialists’ operations should have some common ground and be similar. Yet, they are not. We will take a look at some quite contradictory nations who have very different approach to foreign currency trade.

There is no accurate statistics as for which nation is the most successful as foreign exchange traders. Yet, according to forex trading information from Forex magazine and overview of foreign mass media, Russian statistics is quite sad: only 10% of the forex market newcomers stay and make money and the rest leave with nothing. The US traders are said to be more successful starters and more professional traders. Sure, you can day that forex was created more than 30 years before in the US. Sure, the country is supposed to have some long-term market traditions, trading culture etc. Sure, if most of the country population is some way connected with trading, it’s easier to start up a stock trading business. Yet, it’s not all about the broker success. Let’s try to name the most common reasons of the US traders’ successful starts.

1. Starting investments amount. In the US it is considered that in order to start forex trading you have to invest not less than 25 000 USD. Most young traders have no such amount of money to invest. Therefore the OPM (other people money) system is applied. The essence of the system is clear: a newcomer invests his money in a trading company business where they can operate trading deals using the total company income. Such traders are called proprietary traders. Entering the market with tiny investments they manage to survive and even to earn something. Usually such trading companies are known for their friendly and relaxing corporate culture. Yet, one starting to trade will be first supervised by elder colleagues as the money operated will be not of their own, but of the whole company and other investors. It often happens that a newcomer exceeds his supervisors performance.