Data shows Exness trading volume is now once again moving forward at a rapid growth after surpassing 2 trillion for 4 consecutive months as activity on the platform accelerates.
Exness published its financial report for June 2022, posting a monthly increase of more than 12% in trading volume. This comes after revenue for the month reached nearly $2.25 trillion, making June the second-best month in Exness' operating history.
The Cyprus-headquartered broker had previously set a record in March after its monthly trading volume nearly touched $2.5 trillion. Despite the corrected trading demand, it remains firmly above $2 trillion for the fourth month in a row.
The rebound in trading volumes indicates not only an increase in retail demand but also the growing popularity of the company. Evidently, on a year-on-year basis, the monthly trading volume on the platform skyrocketed by 161%.
It turns out that not only the trading volume parameter has strengthened, but the number of active clients on the multi-asset platform also touched a record in June with 323,216. The figure proves an increase of more than 6% over the previous month and even surpassed the peak reached in March. According to official figures, Exness clients pulled nearly $985 million from the platform in the quarter, compared to $870 million in the previous three months.
One of the reasons behind Exness' high trading volume is the company's focus on emerging markets, particularly in Asia. After success in Asia, the multi-asset booker is now eyeing expansion into the retail trading space in Africa by securing a Kenyan regulatory license earlier this year and a permit from the South African financial market watchdog.