Exness’ trading volume reaches new high in 2016

Exness’ trading volume reaches new high in 2016

- in All News, Featured News, Forex Brokers
exness

Exness, a EU-regulated forex broker in Cyprus and the UK, saw its trading volume exceeding $2.4 trillion in 2016, posting an annual growth of 1.6%, according to data published on the broker’s website. This is the highest reported so far. In fact, its trading volume has been on a constant increase over the years, starting from $8.7 billion in 2009. 

In December alone, the broker generated a trading volume of $201.2 billion. This is the second lowest figure in H2 2016, but is still higher than any monthly value reported in H1.
December volume fell 5.2% compared to the previous month and posted a growth of 11.8% over the year.

The number of active clients trading with Exness last month also fell from a month earlier by 5.3% to 38,417. However, if compared year-on-year, the figure represents an increase of 5.2%.

The year 2016 turned to be very successful for the broker. In July, Exness registered a record-high volume of $253.2 billion, but the rest of the months it performed very well, too. For more figures, refer to the following infographics:

exness-dec-2016

exness-clients-dec-2016

The broker also reported quarterly data on client withdrawals and partner awards. Traders withdrew $78 million in Q4. Meanwhile, Exness partners received $11.5 million in October-December. Both figures are a lot less than in the previous three months.

exness

Exness, set up in 2008, offers trading in more than 120 currency pairs via the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. The brokerage is licensed by the Cyprus Securities and Exchange Commission (CySEC) and since recently by the UK Financial Conduct Authority (FCA). It is also 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.

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