Exness sees March trading volume recovery to $3.86 trillion, records highest active traders at 836,873.
Following a surge in client base despite lower trading volumes in February, Exness forex broker witnessed a monthly trading volume recovery in March, reaching $3.86 trillion, a 9.3% increase from the previous month. Despite marginally lower volumes year-over-year, the Cyprus-based broker saw a record number of active traders, signaling sustained growth.
While slightly lower than January's figures, this CySEC-regulated broker's global expansion efforts continue to drive demand, particularly in emerging markets like Asia, Africa, and Latin America.
Despite fluctuations in trading volume, Exness forex broker has maintained steady growth over the years. From reaching milestones like $1 trillion in October 2021 to surpassing $4 trillion in August 2023, the platform's exponential growth trajectory underscores its position in the brokerage industry.
March also marked a milestone for the company, with a record number of active traders reaching 836,873—a 9.2% increase from the previous month. This consistent uptrend in active clients highlights the platform's appeal and accessibility to a growing global user base.
Despite the positive performance, this fast-execution broker saw changes in its leadership team, with Chief Customer Officer Damian Bunce and former Chief Administrative Officer Elena Krutova departing. While Bunce joined GTN as CEO of Middle Eastern operations, Krutova moved to a pharmaceutical company.
Overall, this multi-asset broker's March recovery and record number of active traders signify its resilience and appeal in the competitive brokerage landscape, paving the way for continued growth and expansion in the future.
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