Exness sees a surge in client base despite lower trading volumes, showcasing resilience in the financial market.
Despite a slight drop in trading volumes, Exness forex broker exceeds the record numbers with its active client base. In February 2024, the Cyprus-based broker handled $3.53 trillion in trading activity, which was down 8.5% from January but a strong 15% increase compared to the previous year. This reduction in trading volumes is brought about by the fact that market volatility is lower and by the forces that cause it.
On the other hand, this multi-asset broker is still strong, as it grew 74% in client activity to 766,534 in February 2024 based on 440,151 of the previous year. On a monthly scale, there has been a 6% increase in the number of clients who are active in the business from January to February.
Exness forex broker's strength is manifested by its being awarded as the Best Global Multi-asset Broker of 2023 at the Forex Expo Dubai.
Taking the role of Titanium Sponsor for this year's event, this low-spread broker provided dedicated sessions for further discussion of rising financial market trends, showing its status as a top global financial player.
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