Brokers News

Exness reports forex IB commissions top $9.5M in Q4 2015

Feb 24 2016
By Forexbrokerz.com

Retail forex broker EXNESS continues its practice of having its reported trading volumes audited by an independent auditing firm, the international auditor Deloitte. In line with its transparency policy, earlier this week the broker published Deloitte’s report concerning EXNESS performance in the last fourth quarter of 2015.

According to the report, the company has paid more than $9.5 million to introducing brokers (IB), up 3.3% compared to the preceding quarter, when the commissions came in at $9.2 million. IB's commissions are those paid to partners for introducing new traders to EXNESS. The numbers are indicative of the Forex broker`s efforts to launch beneficial collaborations in target markets.

The audit revealed that EXNESS’s trading volumes for the period from October 1 to December 31, 2015, amounted to $559.4 billion, a slight decrease compared to the result reported for Q3 of 2015, which was $599.3 billion.

As regards clients’ withdrawals, the total amount for the final quarter of 2105 came in at $72.7 million, 19% higher than the previous quarter of 2015.

“We are determined to work hard and continuously improve our clients’ trading experience. They are the reason Exness is able to enjoy steady and continuous growth, as verified by Deloitte through their independent verification reports. We acknowledge this trust and, in turn, are committed to lead and upkeep transparency in the sector.” says George Tsaparillas, Director of Global Strategy and Business Development of Exness Group.

EXNESS is the trading name of the EXNESS group, established in 2008 and consisting of Cyprus-based EXNESS (CY) Ltd., regulated by CySEC, and EXNESS LTD., an International business company in Saint Vincent and the Grenadines.

The EXNESS group is a global ECN broker, offering trading in more than 120 forex currency pairs under fairly good conditions through the popular MetaTrader 4 and MetaTrader 5 platforms.

TAGS: exness trading volumes introducing brokers IB commissions

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Broker	Advantages
	FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
	Forex.com is a large broker listed on the New York Stock Exchange. We like it not only because it’s regulated in the U.S., Japan, Australia, Canada and Hong Kong but also because it offers very good spreads and superior execution.

	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 loyalty program, offers a $100 no-deposit bonus for all new clients outside EU 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
	Cyprus, UK, Mauritius	CySec, FCA, FSC	MT4, MT5, Web	$10	Review Website
	UK	FCA	MT4, Web, ForexTrader, Tradable	$50	Review Website
	Australia, Cyprus	ASIC, CySEC	MT4, MT5, Iress	$100	Review Website
	Cyprus, Australia	CySec, ASIC	MT4, MT5	$5	Review Website
	UK, Australia, South Africa	FCA, ASIC, FSCA	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, UK	CySEC, FCA	MT4, MT5	$1	Review Website
	UK	FCA	MT5	$5	Review Website
	UK	FCA	MT4, Web, MT4 for Mac	$100	Review Website
	Australia, UK	ASIC, FCA	MT4, MT5, cTrader	$200	Review Website

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