Exness averages $3.7T in trading volume for 2023

December marked a time when activities in the trading market were low due to the holiday season. It affected liquidity to some extent, and traders were mostly on the lookout for some break from volatility that they would otherwise come across. However, Exness had a different story ongoing that month.

The multi-asset forex broker platform continued its momentum of trading volume, refusing to go below the mark of $3 trillion. While there was an obvious downward trend compared to the previous month, Exness relied on its offerings and customer base worldwide to ensure that nothing was stopping the platform from ending 2023 on a positive note.

Exness is largely known for boosting 24/7 operations and near-instant withdrawals. It thrives on a list of tools like analytical tools, an economic calendar, and an investment calculator. It is only safe to state that Exness averages good numbers almost every time a report comes out.

Exness Average in 2023

Client trading volume in December 2023 for Exness was $3.607 trillion. This is impressive, considering the majority of the market was hit due to the holiday season. The market is praising the number in part because it allowed the multi-asset broker to maintain its growth above the $3 trillion threshold.

December’s number comes on the lower side when compared to November 2023. Trading volume was $3.935 trillion before the slip of ~8% went inside the books. To reiterate, this fall has been credited to the holiday season, and the community is well aware of it. Exness trading volume for the entire year stayed at an average of $3.72 trillion. This is a jump of 64% in comparison to the previous year. Numbers were $2.27 trillion for every month on an average basis.

One achievement that has proudly gone into the books of Exness is its highest milestone in October 2023. According to published reports, CFD and Retail FX broker trading reached $4.8 trillion, an all-time high in the market. In terms of client withdrawals, the fourth quarter was quite exceptional.

They could leverage the near-instant withdrawal feature, taking out $1.628 billion worth of withdrawal requests. The Partners Commission paid out $132.2 million. December saw a large number of active clients engaging in trade. This comes out to 685,375 active clients. That is less than 688,245 what it was in November.

Having said all that, it raises a question about what really makes Exness one of the go-to platforms in the market, as highlighted in our Exness review.

For starters, Exness’s volume in December is a reflection of how easy it is to trade. Moreover, it builds on the convenience of registering on the platform. It takes roughly 3 minutes to get started, following which there is access to broad categories of trading accounts. One can proceed with standard, professional, social trading, and deposits and withdrawals.

Exness also enables access to the global currencies, stocks, and commodities market. That constantly pulls Exness’s customer base up worldwide, and the recent numbers only make it more evident. Platforms offered by Exness display the comfort customers have at their fingertips. This includes Trade App, Terminal, MetaTrader 5 and MetaTrader 4. Plus, instruments like Forex CFD, Stocks CFD, Commodities CFD, Crypto CFD, and Indices CFD allow customers to choose what works best for them.

Simply put, there is an option for moving forward with the type of account and the product a customer wants to trade. When combined, Exness delivers the numbers the market expects it to deliver. Exness’s average for 2023 in volume cements its position in the market as one of the leaders and a player others can look forward to.

Conclusion

Exness has bagged a client trading volume of $3.607 trillion, taking its year’s monthly average to $3.72 trillion. While the number is less than what it was in November, Exness is confident of gaining more momentum in the months to come since there has been a sustainable number of active clients making trades.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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