Exness’ trading volume grows 5% q/q in Q1 2016

Exness’ trading volume grows 5% q/q in Q1 2016

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Exness, a forex brokerage regulated in Cyprus and Belize, saw its trading volume 5% higher over the quarter in the first three month of 2016 at $587,8 billion, the broker cited on Thursday an independent Deloitte report.

Exness also posted a steady quarterly growth in total clients’ withdrawals and partners’ rewards to $73.2 million and $10.4 million, respectively, in the first quarter of the year.

Earlier this year the broker released separate monthly trading metrics for the quarter under review. It trading volume stood at $197.3 billion in January, after which it slightly went down to $192.4 million in February, and bouncing back up at $197.9 billion in March.

Exness regularly publishes quarterly statistics based on Deloitte data. For the previous quarter (October-December 2015), it had a trading volume of $559.4 billion and its clients withdrew $72.2 million.

Earlier this year, the broker published a notice, also based on a Deloitte report, stating that its total funds amounted to about $83,8 million at the end of 2015.

Exness was set up in 2008 and has grown to become a global forex broker. It offers trading in more than 120 currency 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



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