Do not invest more money than you can afford to lose.
Cyprus-based forex brokerage Exness reported a trading volume of $212.2 billion in November 2016, posting a growth of 1.6% on the month and 19.9% over the year. Active clients also continued to increase, reaching 40,568 at the end of last month, which is the highest reported so far. The figure represents an increase of 1.6% from September and by 14.7% year-on-year.
The year has proven to be very successful for the broker and it seems it is headed for closing 2016 strong as its trading volume is on the rise again. In July, Exness registered a record-high volume of $253.2 billion, but the rest of the months 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 hold licenses 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. The broker used to have a license from the Belize International Financial Services Commission (IFSC), but no longer does.
