How much money could I make from currency trading?
This will depend on a several factors. Principally, the size of your trading account, the amount you trade in each single transaction, how often you trade and of course how successful you are (which will depend on how well you stick to the Process Trading rules!) Although the aim is that you will eventually make a very comfortable living from home currency trading, to start with you need to get experience.
We will encourage you to start with small trades. Typically (depending on the size of your trade of course) you can look to generate at least £100 per month with this rising quite quickly as you gain experience. With small trades, any mistakes you do make won’t affect you too greatly and it’s important you stay motivated.
Do remember that there is no upper limit to what you can earn and there are plenty of traders earning in the neighbourhood of £10,000 and more every month! That’s a pretty good neighbourhood.
One of the incredible advantages of using the trading platforms is that the money you make from currency trading moment is subject to either income or capital gains tax. In other words it is Tax Free.