It was a positive start to 2022 for Exness, with trading volumes hitting an all-time high in March. The broker recorded $2.484 trillion in March 2022, up 57% over the previous month.
Multi-asset broker Exness reported record-breaking trading volume statistics for March 2022. Exness trading volume reached $2.484 trillion in March 2022, up 57% over the previous month. Exness' remarkable achievement of passing the 1 trillion mark has been achieved since November last year, mostly due to the high volatility in the market.
In addition, the company also recorded 301,575 active clients in March, an increase of 269,692 since February. This happened as the escalating Russia-Ukraine war, soaring oil prices, volatility in crypto prices, and rising US inflation made market movements fluctuate, attracting traders to jump into the market throughout March.
In the first quarter of 2022, Exness averaged $1.86 trillion in monthly trading volume, two times higher than the Q1 2021 level of just $922 billion. Exness also set a firm record in Q1 for respectable client draws ($870 million) and partner rewards paid out ($83.3 million).
The increase in trading volume stems largely from Exness' multi-asset offering which has successfully attracted new clients looking to trade CFDs from cryptocurrencies, forex and commodities. In order to continue this achievement, Exness did not forget to focus on the institutional B2B portion of its business, by recruiting former Saxo Bank Chief Broker Peter Plester as the new B2B sales leader.