Exness Enters 5 Consecutive Months of $2 Trillion-Plus Volumes

For the fifth consecutive month, Exness’s trading volumes reach $2 trillion.
For the fifth consecutive month, Exness, a worldwide multi-asset dealer, reported total trading volume of over $2 trillion. The volume of contracts for differences (CFDs) traded on the Exness platform increased by 1% to $2.275 trillion in July from $2.249 trillion in June. This figure marks Exness’s second-best performance of the year. 343,361 clients traded actively on the platform last month, which is 6% more than the 323,216 active clients that were registered in June.
October 2021 saw Exness break the $1 trillion barrier for the first time. Exness’s Chief Business Development Officer, Artem Seledtsov, gave credit for the achievement in an interview with Finance Magnates. He also mentioned a “people-centric approach,” ideals centred on ethics and integrity, and a “science-driven approach,” as well as a focus on product improvement and liquidity.
Almost a week before the month ended, Exness’s trading volume reached $2.48 trillion in March, breaking the previous record. However, the CFD dealer hasn’t been able to surpass this amount since; April’s $2.11 trillion is a 15% decrease from the volume of the previous month. Exness was not the only company experiencing a decline in foreign exchange activity; Saxo Bank had a 17% decline, Cboe FX Market saw a 24% decline, and Exness’s own June volume fell 4.7% to $2.004 trillion.
But Exness’s trading volume increased in July as well—to $2.275 trillion this time. For the Russian CFDs trader with its headquarters in Cyprus, this is the second-best month since March’s record-breaking $2.48 trillion volume. Whether Exness can top this number in the upcoming months is still to be seen.