Exness Hits $1.59T in Trading; Sets Another Record

February was an extremely successful month for Exness, with almost $1.59 trillion in total trading volume. This was the broker’s best month ever in terms of the trading volume.

For some time, the Cypriot-headquartered retail forex and contracts for differences (CFDs) broker has experienced a spike in interest for trading activities. It is one of the few retail forex brokers to handle $1 trillion in monthly trading volume, and it continued to climb after the barrier was broken last October.

The broker news industry is growing rapidly, with February’s figures up 5% from the previous month but a staggering 137% increase from the same month last year. This growth is indicative of the increasing demand for reliable, up-to-date information in the industry.

The broker ended the month with 269,692 active clients, a significant jump of almost 5% compared to the previous month.

Exness is a well-known brand in Europe, but the broker is currently concentrating on markets outside of the continent. It has maintained several regulatory certificates and rapidly expanded in Asia and other emerging economies.

A Record Month in Trading

Meanwhile, February turned out to be one of the most successful months for commercial and individual traders. Despite having just 20 trading days, the geopolitical tensions increased market activity.