Join us as we unfold our traders’ achievements, complemented with illustrative figures, painting a vivid picture of the opportunities and potential successes that await in the world of trading.
Total Payouts 2023: The Peak of Success
In 2023, our traders achieved a staggering total payout of over $2.9 million. We processed 1,195 payouts alongside this achievement, indicating active and widespread participation in our product. This is a testament to the exceptional skills and dedication of our traders. We've extended our reach to talented traders in over 160 countries, making significant financial impacts in regions where even $99 can be a game-changer. These figures highlight our traders' success and underscore our business model's effectiveness and global appeal.
Biggest Payouts: Showcasing Exceptional Achievements
The highlight of our year at The Trading Pit is the extraordinary achievement of our largest payout, amounting to $100,000. This is a testament to the potential of trading when it's fuelled by skill and consistency. Our approach democratises the trading landscape, providing opportunities for traders from diverse backgrounds to make a sustainable living through trading.
Active Accounts
The Trading Pit has opened 42,977 virtual accounts for our valued traders. This impressive number encompasses a comprehensive range of accounts, including our unique Trading Challenges and official Earning Accounts. Each account represents a trader's ambition and commitment, and we are honoured to facilitate and support these aspirations in the trading world.
Trades
In 2023, over 2 million trades were executed across all accounts at The Trading Pit, signalling an incredibly active engagement in the trading arena. This remarkable number highlights our traders' dynamic and proactive approach and reflects our trading environment's vibrancy and responsiveness.
The most popular accounts
In line with trends, the Futures Standard Account was the most favoured account type among traders at The Trading Pit. This choice was evident in almost 36% of all accounts opened.
Global Financial Frontiers: Countries with the Biggest Pay-outs
Our global footprint expanded impressively, with traders in Germany leading the pack with payouts totalling $921,510.74. Followed by Austria with $225,951.04 and Spain and Malaysia, with their significant payouts of $222,805.89 and $155,001.64, respectively, further illustrate the diverse and expansive reach. We also facilitated financial success for traders in Italy and France, with payouts of $126,734.88 and $105,391.95, respectively.
Asset Class Conquest: Most Traded Trading Instruments
The EURUSD, DE40, and GOLD were the most popular choices, collectively accounting for 50% of all trades. This dominance underscores our traders’ ability to navigate the most liquid and, at the same time, volatile financial markets, a critical skill in trading.
Instrumental Choices: CFDs vs Futures
Our firm's strategic emphasis on CFD trading has been fruitful, with 68% of our client base engaging in these dynamic markets. Futures trading, capturing a considerable 32% of our customer count, reflects the strategic diversity within our firm.
Worldwide Network: Geographical Distribution of Traders
Our trader base spanned over 160 countries, with notable expansion in regions like the Middle East and Southeast Asia. This expansion is reflective of the universal appeal and inclusivity of trading.
Team Expansion: Scaling New Heights in 2023
From Humble Beginnings to a Dynamic Team
The Trading Pit experienced remarkable growth in 2023, evolving from a core team of 30 to a diverse and skilled group of 75 by year-end, with the momentum to grow even further. This expansion reflects our commitment to building a knowledgeable and versatile team dedicated to offering exceptional support and guidance to our trading community.
The Trading Edge
Trading with The Trading Pit offers unparalleled opportunities. Our firm provides traders with everything they need to achieve beyond the constraints of individual trading accounts.
Why Trading at The Trading Pit?
Access to Scalable Accounts Traders leverage our firm's purpose-built accounts and the opportunity to scale up to $5M, allowing for more diversified market positions and potential returns.
Advanced Technology and Tools: Benefit from free trading platforms with Level 1 and Level 2 Market Data and more.
Risk Management: Our firm trading evaluation challenges help you become better and ready to maximise gains while minimising losses.
A Call to Action
The Trading Pit exemplifies the vast potential and support system for those considering a shift to trading. Our accomplishments in 2023 indicate that we are on the right track to increasing many traders' success probabilities.
Join us at The Trading Pit; we invest in trading ambition.
