Exness bucked the industry trend in August by reporting record volumes of $2.81 trillion. Many competitors reported slumps in trading volume due to the summer holidays. It demonstrates the continued strength and growing popularity of Exness’ trading platform.
The Exness Group has reported a 23.5% jump in trading volumes for August, with a total of $879.4 billion in transactions processed. This represents a 219.6% increase from last year’s same month as the company continues to grow its market share.
The Exness Group has announced that its retail broker has surpassed the $2 trillion trading volume mark for the sixth consecutive month. The company reached an impressive milestone with a total volume of $2.58 trillion. This figure is a testament to the broker’s strong performance and sustained growth in recent years.
The record volume of trading that Exness saw last month has increased active clients on the platform. The total number of clients who traded or conducted balance operations on the platform in August was 360,785, an increase of 5% and 60% monthly and yearly, respectively. This growth indicates the increasing popularity of Exness as a trading platform.
A Broker Breaking the Industry Trends
Exness is expanding rapidly into new markets, focusing on Asia and Africa. The company has obtained a regulatory license from the South African regulator and is now targeting traders in Kenya. This expansion indicates that Exness is committed to providing its services to traders worldwide.
The wider Exness Group is also licensed in Cyprus, the UK, Seychelles, the British Virgin Islands, and Curacao.
The broker has grown recently, onboarding a few new experts to support its growth. Daniel Gordon has joined the company as Corporate Services Director, Katina Messinis as Premier Account Management Head, and Alfonso Cardalda as Chief Marketing Officer. Each of these individuals brings a wealth of experience and knowledge to the broker, and they will be instrumental in helping it continue to grow and succeed.
