Exness Hits $2.81 Trillion Trading Volume In August

With the current financial charts displayed monthly by trading companies, the entities are experiencing a downward flow in terms of financial and trading volume performance. However, this tune is different in Exness, after garnering $2.81 trillion in trading volume in August alone.

The tremendous performance of Exness, a Cyprus-headquartered retail broker, was a 23.5 percent jump on a month-on-month basis. The matrix took a swift up trend by 219.6 percent year-over-year as Exness only handled $879.4 billion in trading volumes in August 2021.

Exness touched its first $1 trillion trading volume mark in October last year and surpassed $2 trillion in March 2022. Besides the effects of the summer holidays affecting its competitors, Exness has consistently reported over $2 trillion of trading volume for the past six consecutive months.

In addition, the Exness increase in trading volume has concurrently increased with the number of active clients. The number of clients recorded in August trading operations was 360,785, which is an increase of 5 percent and 60 percent monthly and yearly, respectively. The increase was noted from July.

Exness New Heights

Exness has taken a wide initiative in acquiring great wins in emerging markets. Recently, the company has been directing its focus in Africa whereby it has already dominated two countries, Kenya and South Africa. The company was previously working on expanding its presence in Asia.

The broker brought on board a few experts in recent months to support the growth. Daniel Gordon joined the company as Corporate Services Director,  Katina Messinis as Premier Account Management Head.

Exness Group is widely recognized in Cyprus, the United Kingdom, Seychelles, BVI, and Curacao among others.