Exness, the Cyprus-headquartered retail brokerage, broke an industry-wide pattern in August to deal with $2.81 trillion in buying and selling quantity. When most of its opponents reported a month-to-month hunch in actions because of the results of the summer time holidays, Exness posted its document month-to-month volumes to this point.
The reported buying and selling quantity for August was a bounce of 23.5 % on a month-on-month foundation. The determine elevated by 219.6 % year-over-year as Exness solely dealt with $879.4 billion in buying and selling volumes in August 2021.
Exness first surpassed the $1 trillion buying and selling quantity mark in October final yr solely to surpass $2 trillion in March 2022, which was additionally the earlier document month for the dealer with $2.48 trillion in buying and selling quantity. Now, the retail dealer has been reporting over $2 trillion of buying and selling quantity for six consecutive months.
With the document buying and selling quantity, the variety of energetic purchasers on the buying and selling platform peaked final month. The whole variety of purchasers buying and selling and conducting stability operations on Exness in August got here in at 360,785, which is a rise of 5 % and 60 % month-to-month and yearly, respectively.
A Dealer Breaking the Trade Tendencies
Exness operates from its Cyprus headquarters and is aggressively increasing its enterprise in rising markets. It has centered on Asia for some time now and is focusing on African merchants as nicely, holding two regulatory approvals within the continent: one from the regulator in South Africa and the newest from Kenya.
Moreover, the dealer, which gives foreign exchange and CFDs buying and selling providers, is licensed in Cyprus, the UK and Seychelles.
In the meantime, the dealer has onboarded just a few specialists in current months to help its development. Earlier, Daniel Gordon joined the corporate as Company Companies Director, Katina Messinis as Premier Account Administration Head and Alfonso Cardalda as Chief Advertising and marketing Officer.
Exness, the Cyprus-headquartered retail brokerage, broke an industry-wide pattern in August to deal with $2.81 trillion in buying and selling quantity. When most of its opponents reported a month-to-month hunch in actions because of the results of the summer time holidays, Exness posted its document month-to-month volumes to this point.
The reported buying and selling quantity for August was a bounce of 23.5 % on a month-on-month foundation. The determine elevated by 219.6 % year-over-year as Exness solely dealt with $879.4 billion in buying and selling volumes in August 2021.
Exness first surpassed the $1 trillion buying and selling quantity mark in October final yr solely to surpass $2 trillion in March 2022, which was additionally the earlier document month for the dealer with $2.48 trillion in buying and selling quantity. Now, the retail dealer has been reporting over $2 trillion of buying and selling quantity for six consecutive months.
With the document buying and selling quantity, the variety of energetic purchasers on the buying and selling platform peaked final month. The whole variety of purchasers buying and selling and conducting stability operations on Exness in August got here in at 360,785, which is a rise of 5 % and 60 % month-to-month and yearly, respectively.
A Dealer Breaking the Trade Tendencies
Exness operates from its Cyprus headquarters and is aggressively increasing its enterprise in rising markets. It has centered on Asia for some time now and is focusing on African merchants as nicely, holding two regulatory approvals within the continent: one from the regulator in South Africa and the newest from Kenya.
Moreover, the dealer, which gives foreign exchange and CFDs buying and selling providers, is licensed in Cyprus, the UK and Seychelles.
In the meantime, the dealer has onboarded just a few specialists in current months to help its development. Earlier, Daniel Gordon joined the corporate as Company Companies Director, Katina Messinis as Premier Account Administration Head and Alfonso Cardalda as Chief Advertising and marketing Officer.
