Compensation Sought by FX Traders Worldwide Drops 17% to $12.4M in 2022
Total compensation sought by forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a […]
Compensation Sought by FX Traders from Brokers Drops 3% to $3.3M in Q4
The total compensation sought by online forex brokers from all brokerages declined slightly to $3.3 million during the fourth quarter of 2022, down from $3.5 million in the prior quarter. Similarly, the compensation awarded to traders dropped by 23% to $60,919 during the past quarter. On the contrary, the compensation sought from member brokers of […]