Greenbird Financial’s Market Survey Result Claims New Generation of Traders Focused on Forex Trading

More and more new generations of trading individuals are concentrating on foreign exchange trading, according to the result of the survey conducted by Greenbird Financial which was concluded last February and will be released before the second quarter of the year ends.

London, United Kingdom, May 25, 2012 --(PR.com)-- The quickly expanding foreign exchange markets have fascinated new breeds of traders that concentrated most on the entire forex market trading operations. This was the result of the Greenbird Financial’s self-commissioned survey, which was participated by its current and active traders worldwide.

The first ever research conducted by Greenbird Financial is in response to the growing clamor for more precise trading services from its active clients. The objective of the study is to identify potential brokerage trading service that needs more enhancements from the firm. Three years ago, Greenbird Financial has commenced providing foreign exchange trading services to all types of traders, including access to electronic forex markets worldwide.

The survey, which was conducted in December 2011 and based on online responses from 2500 active clients of Greenbird Financial, has the following comprehensive first phase result: 65 percent of the respondents said that they entirely focused on foreign exchange trading and even claimed that it is the only asset class they trade since they started trading while the remaining 35 percent of the respondents responded that aside from forex, they also trade other asset classes such as equities, futures, options and commodities.

Based on the initial findings of the survey, Mr. Doug Silvermann, Greenbird Financial’s Senior International Research Analyst said that the first phase of the study focused on the profile and working preference of the respondents from which majority of them replied that they primarily focused on foreign exchange markets. “The survey also claimed that most of the respondents are full time professionals from various fields of discipline,” added Doug Silvermann.

Nearly 40 percent of the respondents said that they are full time forex traders and the same percentage claimed that they even spent nearly $2,000 for forex trading resources such as tutorial DVDs, books, online forex materials, seminars and forex conferences while 8 percent of the respondents have spent more than $10,000 for the forex reading materials and other resources alone. Most of these traders obtain their forex trading information on various resources. 51 percent of them get information on online finance sites, 36 percent from online forums and blogs while the remaining percentage find information from their brokers, and personal network of contacts.

The entire result of the first phase survey of Greenbird Financial will be published online via its website. However, the second phase of the survey will be released third quarter of the year which will highlight the traders’ trading habits and other trading preferences.
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