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Home Sector Markets Exness achieves record-breaking trading volume of $4.8 trn in October

Exness achieves record-breaking trading volume of $4.8 trn in October

Driven by strong presence, active clients
Exness achieves record-breaking trading volume of $4.8 trn in October
Exness headquarter (Photo Credit: Exness)

Cyprus-headquartered multi-asset broker Exness achieved a record-breaking monthly trading volume of over $4.8 trillion in October, solidifying its position as a leading multi-asset broker. This impressive figure represents an 8.2 percent increase compared to the previous month.

Read more: Exness: The best possible trading product under best possible trading conditions

The broker is inching closer to the significant milestone of $5 trillion as its latest monthly trading volume continues to surge. In October, the volume surpassed the previous record of $4.5 trillion achieved in August. While there was a slight correction in demand during September, it made a remarkable rebound last month. Additionally, October marked the third consecutive month for Exness to report a trading volume exceeding $4 trillion.

Significant milestone

In October 2021, Exness achieved a significant milestone as its trading volume exceeded $1 trillion, marking an almost five-fold increase in just two years. Comparing year-over-year, the trading volume skyrocketed by approximately 90 percent. In the same month last year, the broker reported a trading volume of $2.5 trillion.

Active clients

In addition to the remarkable trading volume, Exness also achieved a record-breaking number of active clients. Official figures reveal that the platform had 694,006 active clients at the end of last month, representing a 6.1 percent increase from the previous month’s count of 653,593.

Strong presence

The impressive growth in numbers for the broker can be largely attributed to its strong presence and expansion in both established and emerging markets, including MENA, SSA, LATAM, and Asia. This widespread reach has played a significant role in driving the broker’s success.

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