Exness’ Trading Volumes Jump 12% in May Backed by Growing Clientele
Exness, the FCA-licensed multi-asset broker, has released its metrics for May, reporting an increase in trading volumes and the number of active customers. The broker’s trading volumes jumped 12% to $3.335 trillion in the period from $3 trillion in April.Exness also had an impressive growth in its volumes compared to last year. The broker recorded a 67% year-over-year growth in trading volumes in May from $2.004 trillion in the same period last year. It is the fourth consecutive month that Exness is reporting trading volumes of more than $3 trillion, with February, March, and April’s figures at $3.055 trillion, $3.88 trillion, and $3 trillion, respectively.Record Number of Active ClientsThe growth in Exness’ trading volumes was boosted by an increase in active users, which rose 8% in May to 515, 099 from 476,172 in April, according to the official metrics. The year-to-year comparison shows the number increased 69% from 304,482 posted in May last year.The latest increase in the number of active clients using Exness' trading platform follows a three-month consecutive growth earlier in the year. The brokerage managed 414,502, 440,151, and 491,064 in active clients in January, February and March, respectively. However, the number slightly declined to 476,172 in April before picking up again last month.Founded in 2008, Exness is a multi-asset broker licensed by the Financial Conduct Authority (FCA), among other regulators, to offer trading services in margin forex and contracts of differences (CFDs) across a variety of instruments, including cryptocurrencies, stocks, indices, energies, and metals.Exness Eyes ExpansionMeanwhile, Exness continues to expand its product offerings and initiatives. In May, the company hosted the first-ever CPA meetup in Vietnam, bringing together partners and representatives from major platforms and agencies as well as influencers.Moreover, the broker is targeting geographical expansion, especially in the sub-Saharan Africa region where it recently obtained a Keyan license to operate as a non-dealing online broker. The company has also received similar approvals from the financial regulators in South Africa and Seychelles. This article was written by Jared Kirui at www.financemagnates.com.
Exness, the FCA-licensed multi-asset broker, has released its metrics for May, reporting an increase in trading volumes and the number of active customers. The broker’s trading volumes jumped 12% to $3.335 trillion in the period from $3 trillion in April.
Exness also had an impressive growth in its volumes compared to last year. The broker recorded a 67% year-over-year growth in trading volumes in May from $2.004 trillion in the same period last year. It is the fourth consecutive month that Exness is reporting trading volumes of more than $3 trillion, with February, March, and April’s figures at $3.055 trillion, $3.88 trillion, and $3 trillion, respectively.
Record Number of Active Clients
The growth in Exness’ trading volumes was boosted by an increase in active users, which rose 8% in May to 515, 099 from 476,172 in April, according to the official metrics. The year-to-year comparison shows the number increased 69% from 304,482 posted in May last year.
The latest increase in the number of active clients using Exness' trading platform follows a three-month consecutive growth earlier in the year. The brokerage managed 414,502, 440,151, and 491,064 in active clients in January, February and March, respectively. However, the number slightly declined to 476,172 in April before picking up again last month.
Founded in 2008, Exness is a multi-asset broker licensed by the Financial Conduct Authority (FCA), among other regulators, to offer trading services in margin forex and contracts of differences (CFDs) across a variety of instruments, including cryptocurrencies, stocks, indices, energies, and metals.
Exness Eyes Expansion
Meanwhile, Exness continues to expand its product offerings and initiatives. In May, the company hosted the first-ever CPA meetup in Vietnam, bringing together partners and representatives from major platforms and agencies as well as influencers.
Moreover, the broker is targeting geographical expansion, especially in the sub-Saharan Africa region where it recently obtained a Keyan license to operate as a non-dealing online broker. The company has also received similar approvals from the financial regulators in South Africa and Seychelles.
This article was written by Jared Kirui at www.financemagnates.com.
