In May 2023, Exness, a leading global multi-asset broker, reported impressive growth in trading volumes and active client numbers. Their trading volumes skyrocketed by 12% to reach USD3.335 trillion, a significant increase compared to April's $3 trillion. What's even more noteworthy is that this represents a remarkable 67% increase from May 2022.
Exness offers a diverse array of trading products and services to clients all around the world. The company is regulated by various financial authorities, including the Financial Conduct Authority (FCA) in the United Kingdom and CySEC in Cyprus.
Notably, the broker's active client base expanded in May. Official metrics show that active users surged by 8% to 515,099 from 476,172 in April. This indicates an impressive 69% year-on-year increase compared to May 2022, which is quite an achievement.
This recent boost in active clients comes after three consecutive months of growth earlier in the year. The multi-regulated broker witnessed 414,502, 440,151, and 491,064 active clients in January, February, and March, respectively. Although the number dipped slightly to 476,172 in April, it made a quick rebound last month, highlighting the broker's consistent appeal to a growing customer base.
The growth in trading volume and active clients for this Cyprus-based company can be attributed to various factors, including robust marketing campaigns, a wide range of trading products and services, and competitive pricing.