In February 2022, Exness reported an impressive trading volume of $1.5 trillion, marking a remarkable 100% year-over-year increase. Building on this momentum, Exness has consistently maintained a trading volume surpassing the $2 trillion mark. Now, breaking its own record, the multi-asset broker achieved a historic milestone by reaching $3 trillion in trading volume in February 2023, surpassing January's volume of $2.82 trillion.
The surge in active traders during January significantly contributed to the noteworthy monthly trading volume. A total of 414,502 clients were actively engaged in trading or maintaining balanced operations, reflecting a substantial increase of over 10.5% compared to the previous month's figure of 374,978.
Alongside the impressive trading volume, Exness recorded positive results in the number of active clients in February, with a remarkable year-on-year increase of 94.5%, surpassing half a million active clients.
This success is attributed to Exness' strategic expansion into key markets, notably South Africa and Uruguay. The broker's customer service operations in Uruguay are part of their efforts to enhance services, with plans to hire approximately 100 new employees by year-end.
As a broker leveraging advanced technology and catering to clients in over 120 countries, Exness consistently provides a comfortable and top-notch trading experience worldwide. This commitment is underscored by offering the best trading conditions compared to other brokers.
In other notable news, Damian Bunce assumed the role of Chief Customer Officer at Exness, transitioning from his previous position as Chief Trading Officer since joining in January 2021. Exness highlights Bunce's crucial role in the company's ongoing growth as the official representative, entrusted with enhancing its profile and reputation.
Damian Bunce, Chief Customer Officer, commented: "Our volumes reflect the healthy growth we see across all our internal management metrics, including high value clients and partners; we also see good growth in a few of our new markets. In February, crypto volumes were pretty consistent with yearly averages, energy volumes were down compared to 2022 levels, but given the macro economic environment, we saw substantial demand from our clients to trade FX Majors and Commodities."