Exness, a EU-regulated forex broker in Cyprus and the UK, said on Monday it reached a new record-high trading volume of $313.7 billion in March 2017. The figure represens an increase of $45.4 billion, or 24% from the previous highest monthly value, which was reported in January this year.
For the first three months, Exness’ trading volume amounted to $834 billion.
The broker also reached a record-high 46,112 active clients last month, which is an 8.8% increase from the previous month.
Exness reported in Q1 2017 its clients withdrew $99.4 million, while its partners received $13.3 million in rewards.
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.