Exness completes record 2020 with December volumes of $674 billion
Global Retail FX and CFDs broker Exness concluded a record year of client trading activity in 2020 by posting volumes of $673.6 billion for the month of December. That computes to a 4.6% increase over November’s $643.8 billion, and marks the company’s second best month ever as far as client trading volumes go. (Exness notched a record $785.1 billion of trading volumes in March 2020 as the onset of the global COVID-19 crisis caused a huge spike in trading volumes around the world).
Overall for 2020 Exness averaged $565 billion in monthly client trading volumes, up by 68% over 2019’s $336 billion. Even ignoring March’s outlier figure, average trading volumes at Exness were up 62% in 2020 over 2019.
We understand that, like in recent months, trading activity was well diversified between Exness’ core FX pairs trading offering, equity CFDs which remain quite hot as equity markets continue to see a high historical level of volatility, and commodities which also continue to be volatile.
Alongside its near-record volumes Exness enjoyed a record number of active clients in December, at 145,400, topping November’s 143,560.
Exness also saw a record amount of client withdrawals honored during Q4-2020, at $274.1 million. The company paid out $30.5 million in partner rewards and agent commissions during Q4.
Exness has its client volumes, client withdrawal figures and agent commissions paid audited each quarter by Deloitte.