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EXNESS trading volume reaches $197 bln in January 2016

Feb 02 2016
By
Forexbrokerz.com

Retail broker EXNESS reported its metrics for January 2016 and the figures are quite impressive. According to the information published on its website, the company’s trading volume in January 2016 reached $197.3 billion, which is 9.3% higher compared to the December 2015 metrics and represents 6.8% growth on a yearly basis.

 

What is more, the broker announced that it handled 32 601 new accounts in January, which also represents a growth, compared to both the previous month (27 430 accounts in December 2015) and the same period in the preceding year (32 573 in January 2015).

 

If we take a look at Excess’s trading volume on a yearly basis, there is a steady upward trend. in 2009 the broker’s trading volume amounted to $8.73 billion, in 2014 it nearly reached $2.1 trillion and in 2015 Excess hit a record level of $2.37 trillion. 

 

Gain Capital Holdings and FXCM, EXNESS’s main competitors, have not yet published their financial metrics for January 2016. 

 

Gain Capital, the company operating Forex.com, announced that its over-the-counter (OTC) retail trading volume for December 2015 amounts to $276.9 billion, which represents a 20.7% increase, compared to the previous month. The broker posted a 17.3% increase on a year-on-year basis. As regards to FXCM, in December 2015 the broker’s trading volume was $323 billion, 8% higher than November 2015.

 

The EXNESS group is a global ECN broker, consisting of a companies regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Belize International Financial Services Commission (IFSC). The broker is also registered with a number of EU regulatory authorities.

 

EXNESS offers trading in more than 120 forex currency pairs under fairly good conditions: low spreads starting from 0-0.3 pips, no minimum initial deposit required and leverage as high as 1:2000.

TAGS: exness  trading volume  monthly metrics 

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