Exness client trading volumes top $4.5 trillion in August 2023
Cyprus based multi asset broker Exness has continued its amazing growth trajectory into the second half of 2023, topping a best-ever month in July 2023 ($3.91 trillion) by posting a record $4.521 trillion in client trading volumes in August 2023.
The $4.521T figure marks a remarkable 36% rise in volumes from its previous record in July. The result also sets a new all-time record for any Retail FX and CFDs broker, the first time any such broker has topped $4 trillion in monthly volume.
Driving the trading volume record was another best set by Exness in terms of active clients during a month, at 625,626, topping July’s 571,348.
Exness CCO Damian Bunce remarked:
“It has been an exceptional month for us with growth records coming from almost all our regions including both new and established markets. This is a sure sign of increased growth across the entire industry. Our volume growth in assets was largely a commodities story which follows the macro themes underway in global markets. We had record volumes in both energies and precious metals but also, for the first time, record volumes in FX minors. Our crypto volumes were healthy but not breaking any records, with stocks and indices following regular trends.”
As noted above, August extends an amazing and continued growth trajectory at Exness, which began a couple of years ago. Exness averaged $2.27 trillion in monthly volumes during 2022, then topped the magic $3T mark for the first time and averaged $3.24 trillion in volumes in the first half of 2023. And now this, besting $4 trillion for the first time.