Exness released its trading figures for September, reporting a slight drop in activity after several months of an upward rally. The total trading volume of contracts for difference (CFD) instruments for the month amounted to $2.74 trillion.
This volume is slightly less by 3.5 percent compared to $ 2.8 trillion in August, which broke the broker’s history records. Nevertheless, September still remains the second in terms of the total trading volume.
Trading activity on Exness began to pick up after the pandemic, as more retail traders entered the markets. The trading volume on the platform broke the $1 trillion mark in October 2021 and surpassed $2 trillion in March of the following year. Monthly volume corrected and rose, and it has also not fallen below $2 trillion for the past seven months in a row.
Despite a slight decline in September, the annual surge in trading activity is quite significant. The increase in trading volume for the year is 190 percent.
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Such a high trading volume of Exness was made possible due to the broker’s focus on several emerging markets. He has proven to be a reliable broker in the Asian Forex and CFD markets and is now planning to enter the African market after obtaining two licenses, one in South Africa and the other in Kenya.
Also, last month the number of active clients on the Exness trading platforms reached another high. Official data released by Exness shows that there were 368151 active customers in September, up 2% from the previous month (360 785). This figure has been steadily increasing every month since April.
At the same time, customer withdrawals from Exness also hit a record high for the July-September period. According to the data, $1.1 billion in client money was withdrawn during the quarter, higher than in any other similar period. Customer withdrawals in the first and second quarters were 870 million and almost 985 million, respectively.
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