EU-regulated forex broker Exness said on Monday it has reduced delays in the activation of orders as part of its plan to gradually improve its trading conditions. Almost all pending, stop loss and take profit orders are now executed with an average speed of 29 milliseconds.
The faster speed is the result of the completion of key technical improvements.
“The advanced and constantly improving technology we use enables us to continue offering our clients excellent conditions,” the broker said.
The new conditions are part of a larger-scale agenda for trading improvements that Exness intends to implement in the upcoming months. Initially, as part of the agenda the broker altered its pricing model to lower the share of trades executed with slippage. It then set stop out levels at 0%. Over the course of the next few months the broker will introduce even more innovations that will help traders boost their trading activities and strengthen their trading strategies.
Earlier on Monday, Exness reported its trading metrics for November, which indicated the broker is heading for its best year in history. The broker registered its highest trading volume of $253.2 this July and in the rest of the months throughout 2016 it performed very well, too.
Exness, set up in 2008, is a broker that offers trading in more than 120 currency pairs via the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.
Group companies are licensed by the Cyprus Securities and Exchange Commission (CySEC) and since recently by the UK Financial Conduct Authority (FCA) and are registered with the relevant regulatory bodies in Germany, the Netherlands, Poland, Spain, Italy, and Sweden.