WOZ LLC Survey on overseas FX status | Survey conducted among 534 traders (November 2023)

LLC WOZ
Survey on overseas FX status | Questionnaire survey conducted among 534 traders (November 2023)
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WOZ LLC conducted a survey of 534 users who actually use overseas FX to find out the actual situation of overseas FX companies.
The survey was conducted from November 15, 2023 to December 10, 2023, and 534 people were surveyed on crowdsourcing sites (Lancers, Crowdworks, Coconara, etc.) and our media site.
The survey items are as follows.
Attitude survey regarding overseas FX: What is important when choosing an overseas FX company, What was good about using overseas FX, What did you regret using overseas FX
Broker survey: What we focus on when choosing a trader, the overseas FX brokers we use, the trader we feel is the easiest to use, and the platform we use for trading
Trading research: number of transactions per month, currency pairs traded, time of day to trade
Annual performance survey
Information collection source: Referenced sites, YouTubers, referenced books Below are some of the survey results.
⬛︎Investor attributes
When we investigated the attributes of users using overseas FX brokers, 94% were part-time traders and 6% were full-time traders. Regarding the distribution of years of FX experience, traders with less than 1 year accounted for the most, accounting for 40% of the total, while those with more than 5 years remained at 17%.
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https://media.woz.co.jp/overseas-forex-survey-202311/
【heads up】
Foreign FX brokers are not registered with the Japan Financial Services Agency, so they may not receive legal protection in Japan. Please refer to our article “Advantages and Disadvantages of Overseas FX and Differences from Domestic FX” for risks and precautions when using overseas brokers.
https://media.woz.co.jp/overseas-forex-pros-cons/
【About us】
LLC WOZ
https://woz.co.jp
Representative: Kazuaki Obata
609 Miyamasuzaka Building, 2-19-15 Shibuya, Shibuya-ku, Tokyo 150-0002 Main duties: Website production and management
Management media: https://media.woz.co.jp