Exness has strong September, volumes top $623 billion
Global Retail FX and CFDs broker Exness continued its year of strong client trading volumes, with September activity coming in at $623.9 billion. That works out to a 4% improvement over August’s $599 billion, and marks Exness’ 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).
So far in 2020 Exness has averaged $537 billion in monthly client trading volumes, up by 60% over 2019’s $336 billion.
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, and commodities which continue to be volatile.
Despite the near-record volumes Exness saw a slight decline during September in the number of active clients, 141,586 versus 142,753 in August.
For the just-closed third quarter of 2020 Exness honored $221.7 million in client withdrawals, up from $178.6 million in Q2. The company paid out $31.2 million in partner rewards / agent commissions during Q3.
Exness has its client volumes, client withdrawal figures and agent commissions paid audited each quarter by Deloitte.