Brokers News

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

Apr 02 2014
By Maria Nikolova , Forexbrokerz.com Find me on Google+

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

More news about EXNESS

Exness registers slight decrease in July trading volumes both MoM and YoY Aug 03 2017 12:43:11
Exness inks official partnership with Cristiano Ronaldo Aug 02 2017 12:25:28
Exness becomes official trading partner of Real Madrid Jul 31 2017 11:23:42
Exness UK acquires full forex broker license by FCA Jun 23 2017 08:30:58
Exness and Leverates VinciCM set default leverage to 1:50 in line with CySECs requirements Jan 30 2017 08:49:15

Broker	Advantages

	FXTM a regulated forex broker (regulated by CySEC, FCA and IFSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $5 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
	easyMarkets is a CySEC and ASIC regulated broker offering access to over 300 trading instruments, tight fixed spreads, no slippage and a 50% deposit bonus.

	XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
	FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
	FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
	FBS is a broker with cool marketing and promotions. It runs an ongoing monthly $999 forex contest, offers a $5 no-deposit bonus for anyone willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
	FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
	HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.

	Exness is a leading forex broker, offering MT4 and MT5 platforms. Traders can take advantage from a true ECN environment and trade on ultra tight spreads, starting from 0 pips.

Broker	Country	Regulation	Platform	Min Deposit	Review
	US	CFTC, NFA	MT4, Web, in-house	$50	Review Website
	Cyprus, UK, Belize	CySec, FCA, IFSC	MT4, MT5, Web	$5	Review Website
	Cyprus, Australia	CySec, ASIC	MT4, Web, Mobile app	$100	Review Website
	Australia	ASIC	MT4, MT5, IRESSTrader	$100	Review Website
	UK, Cyprus, Australia	FCA, CySec, ASIC	MT4, MT5	$5	Review Website
	UK, Australia	FCA, ASIC	MT4, Trading Station, NinjaTrader	$50	Review Website
	UK, Cyprus, UAE, South Africa	FCA, CySEC, DFSA, FSB	MT4, MT5, FxPro Markets, cTrader	$100	Review Website
	Cyprus	CySEC	MT4, MT5, Web	$1	Review Website
	Belize	IFSC	MT4, MT5	$100	Review Website
	Cyprus, UK, South Africa, UAE	CySec, FCA, FSCA, DFSA	MT4, MT5, Web	$5	Review Website
	Cyprus	CySEC	MT4, Web	$25	Review Website
	Cyprus, UK	CySEC, FCA	MT4, MT5	$1	Review Website

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