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Abstract:Exness, a prominent multi-asset broker, has concluded an exceptional six-month period in the FX/CFDs industry with impressive trading volumes in June 2023.
Introduction
Exness, a prominent multi-asset broker, has concluded an exceptional six-month period in the FX/CFDs industry with impressive trading volumes in June 2023. Despite a marginal decline from the previous month, Exness achieved its third-best month ever, underscoring its continued growth and success in the market. The company also experienced a surge in active traders on its platform, setting a new record. This article explores the remarkable performance of Exness in the first half of 2023, highlighting key figures and illustrating the firm's consistent upward trajectory.
Exness on WikiFX
As a reputable broker, Exness has shown its reliability for many years. WikiFX has given this regulated broker a decent score of 9.02/10.
June 2023 Trading Volume
Exness recorded a remarkable trading volume of $3.318 trillion in June 2023, marking another significant milestone for the company. Although this figure represents a slight decrease of 1.1% compared to May's impressive $3.355 trillion, it still positions June as one of Exness' best-performing months to date. The consistently high trading volumes reaffirm Exness' standing as a major player in the FX/CFDs industry.
Record Number of Active Traders
In addition to its outstanding trading volumes, Exness achieved a record number of active traders on its platform in June 2023. The month saw a total of 531,511 active traders, surpassing the previous record of 515,099 set in May. This surge in active traders indicates the growing popularity and trust that traders place in Exness as their preferred broker.
1H-2023 Trading Performance
Throughout the first half of 2023, Exness demonstrated remarkable growth in monthly client trading volumes. The average monthly trading volume for 1H-2023 stood at $3.24 trillion, reflecting a substantial 43% increase compared to the $2.27 trillion average in 2022. This impressive growth illustrates Exness' ability to attract and retain a large and active client base, propelling its consistent upward trajectory.
Client Withdrawals and Partner Commissions
In Q2-2023, Exness honored client withdrawals amounting to $1.3197 billion, consistent with the $1.3595 billion paid out in Q1. This commitment to timely and reliable withdrawals reinforces Exness' dedication to providing an excellent trading experience for its clients. Furthermore, Exness paid out $105.8 million in partner commissions in Q2-2023, slightly lower than the $109.8 million paid in Q1. This ongoing investment in partner commissions underscores Exness' commitment to fostering strong relationships with its partners and supporting their growth and success.
Conclusion
Exness has concluded an exceptional first half of 2023, highlighted by its remarkable performance in June. The company's trading volumes remained impressive, with June marking the third-best month ever for Exness. The record number of active traders further solidifies Exness' position as a leading multi-asset broker in the FX/CFDs industry. With consistent growth in trading volumes throughout 1H-2023 and a steadfast commitment to client withdrawals and partner commissions, Exness continues to provide a reliable and lucrative trading environment for its clients and partners alike.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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