Exness Group Donates Equipment and €1 Million to Combat COVID-19

Limassol-based broker Exness group promised up to €1 million of donations to support frontline health professionals fighting against the coronavirus. It first donated to the Cyprus Institute of Neurology of equipment to conduct more laboratory tests for the coronavirus.

Offering this state-of-the-art technological equipment increases the speed and number of samples CING can analyze simultaneously. 

Exness CEO Petr Valov said the high speed at which the virus has spread gives the company a greater purpose. He said that it is their duty to support the medical sector in Cyprus to avoid the worst-case scenario.

Valov then called for other private companies in Cyprus to support their efforts alongside its health professionals. The CING is the only laboratory that has the only reliable method of laboratory diagnosis of the virus.

Prof. Leonidas Phylactou of the Institute of Neurology & Genetics said the equipment serves the first two stages of COVID-19.

The donation is one of many actions Exness is taking to combat the crisis. It also established a work-from-home policy for all its staff until it is resolved, deemed crucial in containing the virus.

About Exness Group

The Exness Group reported its highest month in volume since it was founded in 2008. The company had a trading volume of US$473.8 billion in February, up by 13% in a monthly comparison.

January 2020 had its previous record at US$412.206 billion

COO of Exness Maria Federova said the company’s newly launched account types were the main drivers of its high volatility. Overall, almost 12 years of continued growth with hard work, technical expertise, and a client-centric approach did the job.

The group saw more than 200 billion USD as early as the middle of 2015. During the same year, the firm accounted for more than 30,000 new trading accounts each month.

Exness held a Partnership Development Program in Indonesia with educational talks and material to new partners about forex basics.