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Top 3 NordFX traders earned nearly $2.5 million in 2023 – Company News – January 4, 2024

Brokerage firm NordFX continually publishes statistics detailing the trading performance of its clients and the profits earned by the company’s IB partners. Traditionally, we summarize the previous year’s results in early January.

Throughout 2023, the composition of the top three leaders changed every month, with merchants from different countries and regions occupying honorable places on the podium, sometimes tens of thousands of kilometers away. However, all trading routes from Southeast, Central and Western Asia, Africa and Latin America have converged in one point – an account at the brokerage firm NordFX.

In total, the top three contestants earned a significant amount of money, reaching almost $2.5 million, with an exact earnings figure of 2,494,466 USD. In particular, this is 1.73 times higher than the 2022 profit of $1,441,457. This increase is partly due to the improved trading conditions and services available to NordFX customers. On average, traders in the top three in 2023 earned approximately 69,290 USD per month.

When it comes to the top three preferred trading instruments, gold (XAU/USD pair) takes the clear lead. This is consistent with the ancient Greek philosopher Plato’s 2,000-year-old observation that like attracts like. The pairs GBP/USD and EUR/USD shared second place in the popularity rankings. The bronze medal went to the Japanese Yen (USD/JPY pair).

The revenues of NordFX’s top three IB partners in 2023 were also impressive, but naturally less than those of traders. This is expected because partners do not transact on their own but receive a commission for the customers they attract. The higher the customer’s trading activity, the greater the partner’s profits.

Earning potential for NordFX IB partners can be found on the company website. Actual earnings in 2023 were the top three members combined earning 272,607 USD. This means that on average each partner earned approximately 7,572 USD per month.

Please note: This material is not a recommendation or guide to investing in the financial markets and is for informational purposes only. Trading in the financial markets is risky and can result in complete loss of deposited funds.

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