Exness achieved a milestone with a record $4.8 trillion trading volume in October, showing a remarkable 90 percent year-over-year increase.

exness

Forex broker Exness has made a remarkable milestone by notching up a record-breaking trading volume exceeding $4.8 trillion in October. Compared to the same month in the previous year, October witnessed an impressive 90% surge in trading activity.

Despite a slight dip in trading volume last month, this Cyprus-based broker rebounded with an 8.2% increase from the preceding month. October marks the third consecutive month reported a trading volume hovering around $4 trillion.

This Exness news holds significant weight for traders seeking a broker with globally trusted support and services. The expanding market share reflects a strong level of trust and high client demand.

In addition to trading volume, there's a new record in the number of active clients, showing a 6.1% increase from the previous month. The notable uptick in trading volume and active clients can be attributed to the broker's expanding reach in developing regions like Asia, Africa, and Latin America.

Exness is actively pursuing expansion in Africa, securing licenses in South Africa and Kenya. Moreover, the company established an office in Uruguay earlier this year to bolster its presence in Latin America.

However, it's worth mentioning that specific details about Exness's trading volume in different markets remain undisclosed. Additionally, the company's financial status remains private.