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EXNESS Records 44% Jump in Forex Volumes in Q1'2014

EXNESS, the global group of Forex brokers, has just published some of its performance metrics for March and the first quarter of 2014, with the number of new clients and Forex trading volumes reaching new highs.

 
According to the data, the Forex trading volumes in the first three months of 2014 amounted to massive $457.6 billion, a result that exceeded by 44% the reading of $316.9 billion from the equivalent period in 2013. This is also a result that is much higher than the result seen in the last three months of 2013. The number of new clients in the first quarter of 2014 reached impressive 53,774, which was 31% higher than the count from the first quarter of 2013. 
 
The results for the quarter were particularly boosted by strong metrics for March, with the number of new clients reaching 18,284, up by 18% from the 15,533 new clients seen in March 2013. The result also marked an increase from the reading of 16,778 seen in February 2014 and lagged marginally from the 18,712 new clients registered in January 2014. But we are not about to dig deeper into monthly comparisons, as these are often flattered by seasonal factors. We have to mention, however, that Forex trading volumes hit record high in March, reaching $166.4 billion, up by 51% from the result seen a year earlier.  
 
 
Amid the factors responsible for the solid first-quarter metrics are obviously the continued efforts of the broker to boost its product lineup – something which was evidenced by the launch of the WebTrader – a browser-based Forex trading platform, in January. In addition, EXNESS is seeking to offer excellent trading conditions and cut deposit requirements and raised leverage earlier this year. 
 
Meanwhile the group is undergoing some structural changes, with clients from its business in New Zealand  transferred to its new company in Saint Vincent and the Grenadines.
 
 

About EXNESS

 
EXNESS is a global group of Forex brokers. The company offers services to MetaTrader 4 (MT4) traders. EXNESS prides itself on offering profitability, reliability and convenience to its clients.  Some of the perks of using EXNESS include minimum floating, leverage of up to 1:2000, minimal non-trading risks, flexible deposit and withdrawal options and competent customer support. From April 1, 2014, the clients of the New Zealand's business have been transferred to the new company registered in Saint Vincent and the Grenadines.
TAGS: exness  exness forex broker  exness metrics  forex volumes  trading volumes  operating metrics  operational metrics  forex clients  forex metrics  performance metrics  march  first quarter 2014  first quarter  2014  q1 

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