We found 11 online brokers that are appropriate for Trading Trading For A Living.
Many people successfully undertake trading for a living. This is very true and perfect for those who consider trading as a full-time day job.
However, trading for a living is not easy and the internet which promises miracles with the money is not to be believed.
It is a matter of practice and experience and of investing ample time in understanding the strategies.
Trading for a living is a good opportunity as it helps to create a meaningful wealth with potential freedom to trade from anywhere with the help of a good and stable internet connection.
Similar to other professions and jobs, the trading for a living requires a huge amount of work during the earlier stages and it is to ensure that the hard work does not stop even after gaining momentum.
It is important to note that the return may not be consistent, and the account cannot keep on doubling month-on-month. It would be a real miracle if someone received consistent month-on-month returns.
Reaping a return of about 10-15% month-on-month means one is a trading superstar. Most of the traders are able to earn just 2-5% each month.
Most of the inexperienced traders in the financial markets fail to understand such reality check formulas and believe on an outlier that month-on-month returns would be somewhat guaranteed by 200% and hence trading for a living is easy and it is the right time to quit their profession.
Well, there is a higher reality yet to know by many. Suppose a trader needs £100 a month to support the family.
It cannot be achieved by investing just £1,000 in the trading account. He needs to trade with £10,000.
Currently, a person needs £1-£2,500 to spend and cover expenses for a living with a family. Hence, the investment amount needed is to be at least £50,000.
Furthermore there are always challenges ahead in trading even after investing adequate capital. The pressure of performance is always there to earn a smooth living month-on-month.
Sometimes the pressure is high when the clearance date of the rent check is closed and the performance is taking a long time.
Under such circumstances many dip into the capital to overcome the month-end expenses.
The next month starts with a hole and the pressure can be tremendous. It is to decide whether such pressure can be undertaken before jumping into trading for a living.
Before quitting your day job for trading there are certain things to consider. We will discuss all these below as one needs to know the realities.
There are two important things to consider before quitting a day job. Firstly, educate effortlessly to learn some of the best trading plans or strategies. Next, try to have adequate capital to earn a living month-on-month.
For those who are planning to step into a trading career need to be truly committed to it and it is better to have a healthy and debating discussion with successful traders to know the pros and cons of the industry to make trading a living.
It is recommended to listen more to the success stories of traders and at what point are they now.
It is important to note that behind every store there is a tale of struggle as well as self-doubt. Such things need to be smoothed out before you are ready to pave a road to trading success.
Apart from all these, one can join a support trading programme. This is one of the best ways before shifting from a day job to trading for a living.
Never try to kill two birds with one stone. This means, do not liquidate a smaller account. Instead, invest at least £10,000 as an initial capital.
With a pro trading programme one can learn deeply about the trading. Investing thereafter becomes meaningful and the capital is structured in a disciplined environment. Hence, it is important to choose one of the best platforms.
The day profession is easy. It is smooth and has beauty and has far less hardship with a fixed salary that flows in month-on-month. But the cons side of a day job is that the promotion or increment is limited.
It cannot jump several folds. Hence, many believe trading for a living is much easier and has the potentiality of earning more in a short span of time.
However, it is always good to remember that the grass is not always greener on the other side. It is suggested to learn and experience the industry before risking your hard-earned money.
Do note that one cannot make a fortune immediately and on average the earnings would be between 2-5%. so, it is better to pay no attention to such false campaigns that claim they can help to earn up to 200%.
We have conducted extensive research and analysis on over multiple data points on Trading For A Living to present you with a comprehensive guide that can help you find the most suitable Trading For A Living. Below we shortlist what we think are the best trading for a living after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Trading For A Living.
Selecting a reliable and reputable online Trading For A Living trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Trading For A Living more confidently.
Selecting the right online Trading For A Living trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for trading for a living trading, it's essential to compare the different options available to you. Our trading for a living brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a trading for a living broker that best suits your needs and preferences for trading for a living. Our trading for a living broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Trading For A Living.
Compare trading for a living brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a trading for a living broker, it's crucial to compare several factors to choose the right one for your trading for a living needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are trading for a living. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more trading for a living that accept trading for a living clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | NordFX | EasyMarkets | SpreadEx |
---|---|---|---|---|---|---|---|---|---|---|---|
Rating | |||||||||||
Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 1 | 100 | 1 |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ | 142,500+ | 10,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with nordfx |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
NordFX Demo |
easyMarkets Demo |
SpreadEx Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, CA, EU, RU, SY, KP, CU | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR |
You can compare Trading For A Living ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Trading For A Living for 2024 article further below. You can see it now by clicking here
We have listed top Trading for a living below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.