Here’s a summary of SEBI’s report on F&O traders:
101 traders earned more than ₹10 crore.
2,400 traders made between ₹1 crore and ₹10 crore.
26,500 traders earned between ₹10 lakh and ₹1 crore.
93% of retail traders incurred losses, with collective losses of ₹1.8 lakh crore over three years.
Average loss per trader in FY24 was ₹2 lakh.
91% of traders lost money in FY24.
75% of loss-makers continued trading despite consecutive losses.
43% of traders in FY24 were under 30 years old, up from 31% in FY23.
Algo traders and foreign investors dominated the market, reaping most of the profits.
SEBI is pushing for tighter regulations to curb retail participation and speculation.