In August, broker trading volumes surged once again due to economic uncertainty driven by high inflation and central bank policies encouraging investors to re-enter the market. Exness also felt the impact of this trend, recording a 15% monthly increase in trading volume, reaching a staggering $4.5 trillion. This milestone marked the highest figure in the company's history.
Not only did Exness see an increase in trading volume, but it also experienced a surge in the number of active clients, reaching an all-time high of 625,626. Compared to the same month in the previous year, the number of active clients increased by 73%, up from 360,785. When compared to July, it rose by 9.5% from 571,348.
Exness' Chief Commercial Officer (CCO), Damian Bunce, commented, "This has been an extraordinary month for us, with growth records coming from nearly all our regions, including both new and established markets. It's a clear sign of increased growth.
Our volume growth in assets is largely related to commodities, following the ongoing macroeconomic themes in the global market. We recorded record volumes in energy and precious metals, but also, for the first time, record volumes in minor currencies. Our crypto volume is healthy, but it didn't break any records, with stocks and indices following regular trends."
This is not the first time Exness has broken records. This Cyprus-based broker has consistently surpassed trading volume records for over two years, surpassing the $1 trillion, $2 trillion, and $3 trillion marks. In 2023, Exness' average trading volume exceeded $3 trillion. The company attributes its success to its global expansion and the trust it has built among clients worldwide.