Exness, the FCA-regulated multi-asset broker, released its metrics for the month of May, reporting an increase in trading volumes and the number of active clients. Broker trading volumes jumped 12% to $3.335 trillion from $3 trillion in April.
Exness also achieved impressive volume growth compared to last year. The broker recorded a 67% year-over-year growth in trading volumes in May from the $2.004 trillion in the same period last year. It is the fourth month in a row that Exness is reporting trading volumes of more than $3 trillion, with figures for February, March, and April coming in at $3.055 trillion, $3.88 trillion, and $3 trillion, respectively.
The growth in Exness trading volumes was fueled by an increase in active users, which rose 8% in May to 515,099 from 476,172 in April, according to official metrics. The annual comparison shows that the number is up 69% from 304,482 publications in May last year.
The latest increase in the number of active clients using the Exness trading platform follows three months of consecutive growth earlier in the year. The company managed 414,502, 440,151, and 491,064 active clients in January, February, and March, respectively. However, the number fell slightly to 476,172 in April before rising again last month.
Founded in 2008, Exness is a multi-asset broker authorized by the Financial Conduct Authority (FCA), among other regulators, to provide trading services in margin forex and contracts for difference (CFDs) across a variety of instruments, including cryptocurrencies, stocks, indices. energies and minerals.
Expanding the eyes of Exness
Meanwhile, Exness continues to expand its product offerings and initiatives. In May, the company hosted its 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 geographic expansion, particularly in sub-Saharan Africa where it recently obtained a Keyan license to operate as a transactional online broker. The company has also received similar approvals from financial regulators in South Africa and the Seychelles.
Exness, the FCA-regulated multi-asset broker, released its metrics for the month of May, reporting an increase in trading volumes and the number of active clients. Broker trading volumes jumped 12% to $3.335 trillion from $3 trillion in April.
Exness also achieved impressive volume growth compared to last year. The broker recorded a 67% year-over-year growth in trading volumes in May from the $2.004 trillion in the same period last year. It is the fourth month in a row that Exness is reporting trading volumes of more than $3 trillion, with figures for February, March, and April coming in at $3.055 trillion, $3.88 trillion, and $3 trillion, respectively.
The growth in Exness trading volumes was fueled by an increase in active users, which rose 8% in May to 515,099 from 476,172 in April, according to official metrics. The annual comparison shows that the number is up 69% from 304,482 publications in May last year.
The latest increase in the number of active clients using the Exness trading platform follows three months of consecutive growth earlier in the year. The company managed 414,502, 440,151, and 491,064 active clients in January, February, and March, respectively. However, the number fell slightly to 476,172 in April before rising again last month.
Founded in 2008, Exness is a multi-asset broker authorized by the Financial Conduct Authority (FCA), among other regulators, to provide trading services in margin forex and contracts for difference (CFDs) across a variety of instruments, including cryptocurrencies, stocks, indices. energies and minerals.
Expanding the eyes of Exness
Meanwhile, Exness continues to expand its product offerings and initiatives. In May, the company hosted its 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 geographic expansion, particularly in sub-Saharan Africa where it recently obtained a Keyan license to operate as a transactional online broker. The company has also received similar approvals from financial regulators in South Africa and the Seychelles.
