revealed its trading stats for November and saw a decline in market demand, concluding the month with an overall trading figure of over $2.4 trillion – 5.1% below October’s metrics.
For four consecutive months, Exness watched its trading volume diminish. August saw an industry record of $2.81 trillion in retail forex and CFD trades – yet since then, the numbers have been on a steady downward trend.
November was no exception to the stellar trading activity that Exness is known for, ranking fifth in terms of operational history with a trading volume surpassing $2 trillion. Despite a slight month-over-month decline, it has remained one of the broker’s most successful months; this record is only outdone by its previous four months and last March when Exness first exceeded its historically high performance.
To top it all off, Exness has reported a monthly trading volume of more than $2 trillion consecutively in November for the past nine months.
Exness has experienced an impressive improvement in year-over-year performance, with November’s monthly volume exemplifying this progress. Compared to the same figure in November 2021, last month saw a massive surge of 90%.
Record Active Clients, Again
Despite the fluctuation in month-to-month trading demand, Exness’ platform saw an impressive growth of active clients. According to official records, a staggering 383,846 individuals traded and managed their accounts on Exness during November, representing a 5% increase from the previous month – setting yet another record!
Exness was poised for exponential growth, and the massive global expansion effort of the broker enabled this. By establishing a presence in Asian forex and CFDs markets, Exness is now aiming for Africa with two licenses obtained – one in South Africa and another in Kenya. All these expansions come after the already successful establishment of the company’s footprint across Europe.
Exness is continuing to solidify its presence in the industry by recruiting high-caliber talent. Recently, it has added Mohammad Amer as Regional Commercial Director for MENA, Daniel Gordon as Corporate Services Director, Katina Messinis as Premier Account Management Head, and Alfonso Cardalda as Chief Marketing Officer – all of whom bring their own set of invaluable skills and experience.
