Do not invest more money than you can afford to lose.
Exness, a forex brokerage regulated in Cyprus and Belize, reported on Friday its trading volume continued to increase, reaching $197.9 billion in March 2016, which is 2.9% stronger than a month earlier and the highest value in the past five months.
The broker also saw its number of new accounts growing to 30,435, which is the second highest number in its history after 33,706, which the broker reported for May 2015. The value is 9.9% higher than a month earlier.
On a yearly basis, Exness’ March trading volume went up by 1.5% and its new accounts increased by 3.1%.
In 2015, the broker’s average monthly trading volume from operations in Russia alone amounted to $1.8 billion, with active clients of some 2,900, according to the latest yearly report by Interfax-Center for Economic Analysis (Interfax-CEA).
Meanwhile, GMO Click Securities and FX Prime, both part of Japanese forex brokerage group GMO Click, saw their March over-the-counter (OTC) forex trading volumes down by 24.5% on the month to close to JPY 108.85 trillion and halved to about JPY 7.7 trillion, respectively. Monex, another Japanese brokerage group, generated a consolidated trading volume of $28.3 billion in March, which is down by 34% from the previous month. These are the only retail forex brokers that have already posted such metrics for March, but some other key brokers are expected to publish such data later this month.
Exness was set up in 2008 and has grown to become a global forex broker. It offers trading in moret han 120 currecny pairs via Mini, Classic and ECN accounts, using the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.
Exness holds a license issued by the Cyprus Securities and Exchange Commission (CySEC) and, since 2014, a license from the Belize International Financial Services Commission (IFSC). The group companies are also registered with the relevant regulatory bodies in Germany, the Netherlands, Poland, Spain, Italy, and Sweden.
Source: Exness
