“Brexit vote” has showed a surprising result, as United Kingdom leaving the European Union. The outcome caused a huge volatility in financial markets, and also in the Foreign Exchange market.
While many investors are losing funds due to the volatility, InstaForex has announced that the traders of the broker have earned over 6 million USD with more than 200,000 trades in total.
*The above winning trades were only on GBP pairs.
InstaForex didn’t have any leverage restrictions and continued to offer the maximum leverage 1:1000, while many other Forex brokers were restricting leverage to minimal.
Interview of 2 traders who made fortune with “Brexit”
InstaForex would like to introduce 2 investors who made fortunes with the Brexit’s volatility.
They might have been fortunate or strategic…check out their interview below!
Aleksandr -1 Million Ruble in 1 day-
Trader Name – Aleksandr
InstaForex Account – No. 2204114
The amount of Profit on “Brexit” – 1 Million Ruble
Aleksandr is not a professional financier or analyst. But he has managed to make millions by studying the market and earning basic knowledge of finance.
Here is the comment by Aleksandr.
“I am neither a professional trader nor financial analyst. I started trading on Forex in 2012. I studied mainly by myself: read a lot of materials, explored the market. I trade only EUR/USD and GBP/USD. I have not succeeded much, but gained something that is more valuable than money – experience. The point of my activity in this sphere is the result, not money. I won’t hide how happy I was about my trading results for June 24, 2016. On the back of Brexit, I managed to increase my funds by million rubles overnight. It’s a great feeling to wake up and find out you’re a millionaire. I wish everyone to reach such a goal at least.”
His point to be a profitable investor is:
- Earn some trading experience and basic knowledge.
- Don’t be lazy on studying the market in detail.
- Take technical and fundamental analyses into account.
- Develop and test your own strategies as always.
- Learn how to both enlarge and keep capital.
All of the above seem very standard for investors. You also continue learning, then you may be able to make a fortune in one day.
Let’s see another trader’s example.
Zaza Abashidze -from $1,000 to $13,000-
Trader Name – Zaza Abashidze
The amount of Profit on Brexit – 12,000 USD
Zaza Abashidze is a trader from Georgia for over 9 years, who has been with InstaForex for 7 years.
He has done a lot of study on the investment. The profit result may have come from their knowledge and experience.
Here is the comment from Zaza.
“My advice to all trading beginners is not to hurry and not try to earn millions in just days. Think of all possible options and price movement scenarios in advance and be prepared, my strategy also works in situations of high volatility, like that night. And yes, I always trade the GBP/USD pair.”
He has made the profit of 12,000 on the night of Brexit. As Zaza knew that there will be a big movement in the market, he has made a deposit of 1,000 USD before the Brexit vote.
He has traded GBP/USD through the event, and simply traded and waited. That is how he has made 13 times of profit in one night.