Exness reports 86% YoY growth in trading volume for January 2023

Exness, a commercial brokerage hits a trading volume of 2822 billion USD in the first month of the year 2023 which is an 86% hike compared to data from the previous year’s same month. In fact, the numbers came out exceptionally astonishing for existing traders and also gave high hopes to trading aspirants. Exness’ trading statistics of Jan 2023 have surged slightly compared to the previous year’s highest recorded trading volume of 2811 in Aug 2022.

While talking about active clients, the beginning of a new year has marked more traders entering the platform. As disclosed by Exness, the number of total clients trading and conducting balance operations is soaring with 414502, which is a notable figure.

Exness’ 2022 report demonstrates the highest number of active clients in the month of November. Within a couple of months, the number of active clients has increased by 30,656, which is around an 8% gain.

Exness is a reputable multi-regulated foreign exchange and CFD platform with its headquarters in Cyprus. Exness is among the top 10 best forex brokers in South Africa for the current year known for its secure streamlined trading environment.

Most Exness reviews have got a good rating and their users say that this trading platform has encrypted a good reputation with its core principle of transparency and honesty among financial institutions, investors, and online publications, thus, alluring more clients across the world. 

Year-on-year, the trading activities and the number of traders are increasing as the latest trading volume reports a substantial hike from the highest $1.26 trillion in 2021 to $2.81 trillion in 2022. And now it has surpassed $2.82 in the first month of 2023 beating the previous year’s highest record. Exness is showing rapid growth in Africa after receiving licenses in South Africa and Kenya backed by a strong  European presence.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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