Do not invest more money than you can afford to lose.
Exness, a retail forex broker regulated in Cyprus and Belize, has reported that its trading volume in July stood at $253.2 billion. This is nearly 35% more than in June and is the highest since the beginning of this year.
Judging from the broker’s data, its trading volumes are recovering after the distributed denial of service (DDoS) hacker attacks that seriously disrupted its trading servers back in April. This was reflected in the trading volume for the respective month, when the trading volume stood at barely $165.6. Since then it started recovering, as reflected in its May and June metrics and the July records.
At the same time, however, the number of active client accounts in July has decreased somewhat and in July was 38 630, or 2.3% less than in June.
Exness was established in 2008. It offers trading in more than 120 currency pairs via the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.
Exness is regulated by the Cyprus Securities and Exchange Commission (CySEC) and holds 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.
According to an official report of Deloitte, which is the official auditor of Exness, as of the end of 2015, the broker held assets totaling $83.78 million in own funds and another $22.90 million on behalf of its clients, including bonuses.
Stephen
Is it true that Exness want to close and probably mess up their clients?