ATFX faces skyrocketing trading volume, posting $564.2 billion in Q2 which makes the broker ranks 6th globally.
In recent times, ATFX has continued to develop into a broker to be reckoned with. Evidently, ATFX trading volume reached $564.2 billion in Q2 compared to $403.5 billion the previous quarter, up 39.8%. The number of active traders also jumped to 51,745 from 43,774 in Q1, as evidenced by the 18.2% jump in the number of active clients, which contributes to the company's high trading volume.
The top-traded assets on ATFX broker are metals, at 46.82%, followed by Forex at 30.56% and Energy at 13.8%. The next lineup is filled with indices, stocks and cryptocurrencies.
ATFX is a broker that offers trading access to a wide range of assets supported by the MetaTrader 4 software and offers clients competitive prices. Thanks to ATFX's impressive performance, the broker is ranked number 6 among the top MT4/MT5 brokers globally by Finance Magnates.
According to the report, the $564.2 billion worth of trades made by ATFX clients is the sixth largest number out of hundreds of global MT4/MT5 FX and CFD brokers. This ranking ranks brokers based on average monthly trading volume, with ATFX registering $188 billion ($564 billion/3). ATFX continues to outperform in the current market environment driven by factors such as the COVID-19 spike and monetary easing from the Fed.