Forex is an international financial market on which currencies are exchanged. The name Forex itself comes from the English "foreign exchange". Forex is a source of solid income for those who know how to extract profit from buying and selling currency – that is, to earn on the difference in exchange rates. The exchange rate constantly changes – this is precisely what lies at the heart of trading on the international Forex currency exchange. Moreover, you can earn both on a rise and on a fall in the rate – that is, either buy cheaper and sell more expensively, or sell currency at a higher price and buy it back when the price falls.

The very opportunity to earn on Forex attracts many people. Moreover, earning on Forex over the internet is popular among those who want to earn on currency. However, before starting to trade on Forex, potential traders ask themselves the question "How much can you earn on Forex?" It is impossible to answer this question briefly and unambiguously. Profit is affected by various factors. Therefore, in order to understand how much people earn on Forex, let us consider some of them.

One of the factors affecting profit is trading strategies. Traders distinguish three key strategies for trading on the financial market:

1) Aggressive trading strategy. It implies a yield of no less than 15-20% per month. As a result, the level of risk will rarely drop below 30%

2 ) Conservative trading strategy. A yield of no more than 5-6 % per month. At the same time, the level of risk will extremely rarely exceed 12%.
It should be understood that when targeting a certain percentage of income, the level of risk may exceed it by approximately twofold.

3) Moderate trading strategy. The profit when using this strategy is 5 - 15%. The average income from such a strategy is at the 10% mark. At the same time, the level of risk will not exceed the 25% mark.


Having chosen a trading strategy, it is also necessary to decide on your average monthly earnings. For example, if you plan to earn $100 per month, then at a yield of 10% you need to have a trading account in the range of $1000.

If you are considering earning on Forex and at the same time are not an experienced trader, then it is better to clarify some points right away and not harbor illusions. The main reasons why beginners abandon the Forex market:
- Underestimating the difficulty of a trader's work – many beginning market players mistakenly think that earning on Forex is easy. In reality, however, it turns out that the earnings do not come on their own, and you have to work quite hard.
- Earning with the help of robots – bots are not endowed with human qualities and can only be assistants.
- Reliance on intuition and neglect of knowledge – you cannot earn on intuition alone either. "Study, study, and study again!" we were bequeathed. And this is indeed so, because knowledge, regardless of the field of activity, is the foundation of foundations.
- Expecting quick profit – among traders it is considered normal that trading on the Forex market may not generate profit for a day or two.
- Starting with large sums – by operating with large sums at the start, you will not bring yourself any closer to large earnings. On the contrary, you may lose all your savings. What matters is not the sums you operate with when you are just starting out. The main thing is a detailed analysis of your actions and their consequences.


There is no universal secret, since the Forex market is changeable. Let us highlight the factors affecting the level of earnings:
- Persistence and high resistance to stress – the profession of a trader is not suitable for everyone, because by operating with your own money you inevitably worry. Therefore, in order to earn on Forex, you need to be sufficiently restrained and stress-resistant, and then you will succeed.
- The absence of fear of making risky decisions – the level of your income depends on how willing you are to take risks. Using only a conservative trading strategy, high profit cannot be achieved quickly. Periodically you need to play against the rules and take risks.
- The amount of the deposit – beginning traders mistakenly think that a small deposit will be enough for high and fast profit. In reality, the amount of profit is directly proportional to the amount of the deposit. For example, if you buy a euro for 1.2 dollars, and the next day it rises in price to 1.3 dollars, you can sell it and make a profit of 0.1 dollars. Of course, if we are talking about such small sums, the income is small, but if you sell and buy thousands, then your earnings on Forex will be quite tangible.


Summing up, I would like to note that earning on Forex is possible. Do people earn a lot on Forex? Yes, they do. One of the successful examples of trading on Forex can be the success of Larry Williams (USA) in 1987 when participating in the Robbins World Cup Trading Championship for traders and investors: he managed to grow an initial capital of $10,000 to $1,100,000 over 12 months. Later, in 1997, Larry repeated his success: within the framework of the Robbins championship, over one year of trading his capital grew from $500,000 to 1 million US dollars, which amounted to 100 % of the initial sum. However, due to the large number of factors, some traders' affairs quickly go uphill, while others quickly lose interest in this method of earning. Trading on Forex is a business. It is impossible to run a business half-heartedly or devoting half an hour a day to it. You need to live the business. A successful businessman's self-education does not stop for a minute. He learns from mistakes, analyzes success and loss. Knowledge, persistence, and self-belief are what distinguish outstanding people.