Exness March 2022 trading volumes: $2.48 trillion, +57% MoM
Leading multi-asset broker Exness has reported its client trading volume stats for March 2022, with the company having another monster month and setting all sorts of all-time records for a Retail FX/CFDs broker.
Exness client trading volumes totaled $2.484 trillion in March 2022, up 57% (!!) from February 2022’s (previous record of) $1.587 trillion. Exness passed the trillion-dollar-monthly bar for the first time in November 2021, so pushing 2.5 times that so soon after is indeed quite an accomplishment.
The company reported a record 301,575 active clients in March, up from 269,692 in February, as the confluence of war in Europe, soaring oil prices, volatile crypto prices and the specter of rising inflation made for a very active trading market in FX and CFD products throughout the month.
For all of Q1-2022 Exness averaged $1.86 trillion in monthly trading volumes, more than double 2021’s level of $922 billion. Exness also set company records in Q1 for honored client withdrawals ($870 million) and partner rewards paid ($83.3 million).
As we have written before, we understand that over the past year a lot of Exness’ growth has come from the “multi-asset” portion of its offering, with a new generation of clients looking to trade CFDs on everything from crypto to equities and commodities, and not just FX pairs. The broker is also looking to increase the institutional “B2B” portion of its business, recently hiring Saxo Bank’s Prime Brokerage head Peter Plester. Mr. Plester will head B2B sales for Exness.