Exness, a brokerage based in Cyprus, experienced a remarkable surge in trading volume, reaching a record high of USD $3.9 trillion in July. This impressive figure surpassed its previous peak of USD $3.88 trillion noted in March. The driving force behind Exness’ growth can be attributed to the increasing number of active clients within the company.
According to a statement from the company, Exness achieved its highest number of active clients in July, totaling 571348 individuals. This figure reflects a noticeable increase from the 531511 clients reported in June. Notably, Exness has consistently witnessed growth in both its trading volumes and the count of active users over the past several years.
In the previous year, Exness reported an average monthly trading volume of USD $2.27 trillion. The company’s trading volume surged beyond the USD $3 trillion milestone in March, and during the first half of the current year, the average trading volume stood at USD $3.24 trillion.
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Furthermore, Exness recorded clients’ withdrawals amounting to USD $1.31 billion in the second quarter, coupled with partner rewards exceeding USD $100 million. The broker facilitated withdrawals totaling around USD $1.32 billion between April and June.
Concurrently, Exness has been strategically broadening its global operations in collaboration with expert traders. Exness also introduced “Exness Team Pro,” a program that leverages the influence of accomplished international trading experts boasting substantial followings within their trading communities.