Exness Forex Broker Trading Volume Drops Amid Quiet Market

April 2, 2024

Despite a decline in trading volumes, Exness continues to see a surge in its client base, demonstrating extraordinary resilience in the financial markets.

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Despite a small decline in trading volumes, Exness forex broker continues to show resilience in the financial markets by maintaining a strong client base . In February 2024, these brokers facilitated $3.53 trillion worth of trading activity, representing an 8.5% decrease from January's figure.

However, when compared with the same period the previous year, this is a substantial increase of 15%, underscoring exness forex broker's continued growth trajectory despite market fluctuations.

A decrease in trading volume can be attributed to various factors, including reduced market volatility and other external influences that impact trading behavior. Despite this, these brokers with raw spread accounts remained firm, showing a 74% jump in client activity extraordinary, with the number of active clients reaching 766,534 in February 2024 compared to 440,151 in the previous year.

In addition, there was a 6% monthly increase in the number of clients engaging in trading activities from January to February.

Recognized for its excellence, Exness received an award as Best Global Multi-asset Brokers 2023 at the prestigious Forex Expo Dubai.

As a testament to its commitment to the industry, Exness took on the role of Titanium Sponsor for the event, leveraging the platform to host special sessions aimed at discussing emerging trends in financial markets. This participation reaffirms Exness's position as a leading player in the global financial landscape, ready to navigate and thrive in ever-changing market conditions.

Stay informed with the latest developments from Exness by following our forex broker news updates.

See also:

How to Register a Trading Account Exness

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Exness is one of the leading forex and CFD brokers that offer instant withdrawal convenience. This broker also has super low spreads to reduce trading costs on all account types. More

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